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The Market In 5 Minutes: Tuesday, April 5, 2016

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Accenture plc. NYSE:ACN, Allergan, Inc. NYSE:AGN - The Market In 5 Minutes: Tuesday, April 5, 2016

Below is a tool used by the Benzinga News Desk each trading day -- it's a look at everything happening in the market, in five minutes. Apply for daily AM access by clicking here or email minutes@benzinga.com.

Macro Focus

China banned imports of gold and rare earths from North Korea, as well as exports to the country of jet fuel and other oil products used to make rocket fuel, a move in line with new United Nations sanctions on Pyongyang.

Centers for Medicare and Medicaid Services (CMS) says the United States is raising payments to insurers by 0.8 percent on average, down from February's proposed 1.35 percent increase.

The International Monetary Fund issued a stern warning that policy choices made by China would have "increasing implications for global financial stability." According to the Telegraph, the IMF's warnings were quite stern, as the organization warns of a looming "bloodbath" if China's economy were to suffer.

BZ Newdesk Focus

Allergan AGN 16.35% shares fell as much as 20 percent amid fears that the U.S. Treasury Department and the IRS have revamped their efforts to limit domestic companies from doing so-called "tax inversion" deals.

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