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The Market In 5 Minutes: Thursday, April 7, 2016

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Apple Inc. NASDAQ:AAPL, Allergan, Inc. NYSE:AGN - The Market In 5 Minutes: Thursday, April 7, 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

Macro News

The U.S. Treasury Department’s new curbs on inversions struck down the $150 billion merger of Pfizer PFE 0.5% and Allergan AGN 0.05%, "but in seeking to eliminate a tax benefit for companies that use inversions to dodge the high U.S. corporate tax, the government has also swept up foreign companies with ordinary U.S. businesses."

The White House is declining to offer public support for draft legislation that would empower judges to require technology companies such as Apple AAPL 1.18% to help law enforcement crack encrypted data, sources familiar with the discussions told Reuters.

"Among the reasons money supply went out of fashion [over the last couple decades] were doubts over what it signaled in terms of economic growth or inflation, a difficulty in tracking it at a time of financial innovation plus the suspicion that it was probably better to monitor credit," Bloomberg writes. "Now, economists at Standard Chartered are suggesting it’s time to resurrect money as an indicator, focusing on one gauge named after the late French economist Francois Divisia."

Disney DIS 0.27% isn't wasting anytime in making sure its "Star Wars" franchise remains fresh in everyone's minds. Disney teased Star...