Shares of technology companies rose, recouping some of the recent losses associated with recession fears. The Federal Trade Commission sued Microsoft to block its planned $75 billion.
The DOJ is investigating into whether Activision CEO Bobby Kotick and Alexander von Furstenberg violated insider-trading laws when they met for breakfast in January.
IAC Chairman Barry Diller, his stepson Alexander von Furstenburg and music mogul David Geffen are being investigated for insider trading after they bought nearly 41.2 million shares of Activision.