Valeant Pharmaceuticals International said on Friday that Goldman Sachs sold 1.3 million shares of Valeant on Nov. 5 that were securing loans made to its CEO Michael Pearson.
European stocks fell and the euro hit a five-week low against the dollar on Tuesday before a euro zone summit to discuss the Greek debt crisis, while a fall in Chinese shares reminded investors of other clouds on the horizon.
Financial market trading revolved around the U.S. dollar on Wednesday with European shares rallying on the back of a weak euro and U.S. shares and commodities struggling.
World shares hovered near record highs on Thursday after downbeat Chinese manufacturing data kept pressure on Beijing for more stimulus and the Federal Reserve signaled higher U.S. interest rates are still some way off.
Alibaba's IPO was a risk that may not have paid off, but today's lockup end is likely to change little.
The EU is slated to start QE next week, and the stock market is loving it.
London Stock Exchange Group Plc climbed to a five-year high in London trading as fiscal first-quarter revenue rose.