Dow rallies, Nasdaq falls as mega-mergers in focus

Stocks (^DJI^GSPC, ^IXIC) are mixed at the midday mark, with the financial sector (XLF) the most in the green, while real estate (XLRE) is the most in the red. Tim Anderson, managing director of TJM Investments, joins us live from the floor of the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance Editor-in-Chief Andy Serwer and Yahoo Finance’s Justine Underhill.

Today, on Midday Movers we discuss:

  • Debt-laden Softbank looks to acquire Charter
  • Apple reports after the bell Tuesday
  • Transportation stocks trying to find footing
  • OPEC scrambling to cap oil production
  • Banks eating more customer credit card charges
  • Supermarkets: the latest growing problem
  • Airlines: Being on time costs more money