Traders must be wishing they were back at the beach as the major indices (^DJI, ^GSPC, ^IXIC) are all solidly in the red today. The U.S. dollar may be behind today's move as a pop in strength has sent investors to safer spots, like treasuries (^TNX)
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Here are some of the other stories Yahoo Finance is keeping an eye on today.
Chinese stock market
An article today in Bloomberg talks about how China's stock market (ASHR) is soaring so fast analysts have to keep revising their forecasts just to keep up. How long can this go on and is there anyway for the average investor to "win" by betting on China?
Walmart and animal welfare
Here's a story you may have missed over the long holiday. Walmart (WMT) is calling on its food suppliers to treat animals humanely and not use antibiotics to fatten them up. The world's biggest retailer says it's responding to the demands of its customers.
Hollywood's Memorial Day bust
Does Hollywood have a creativity problem? Some are asking that after Disney's (DIS) blockbuster release, "Tomorrowland," flopped at the box office. The lack of sales is getting a lot of the blame for the worst Memorial Day box office weekend since 2001. It's also being noted that virtually all big movie hits recently haven't been originals-- they were either sequels or based on comic books, novels or fairy tales.
Vatican investing
Pope Francis' efforts to clean up the Holy See's financial operations appear to be paying off. The Vatican Bank reports profit jumped from just $3 million dollars in 2013 to a whopping $76 million last year! The bank credits gains in securities trading-- especially bonds-- and a cut in operating expenses.
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