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Yahoo Inc. (YHOO) and Microsoft Corp. (MSFT) aren't discussing a full acquisition of Yahoo, people familiar with the companies said Tuesday, but the Internet giant's stock popped amid growing speculation the companies may revisit proposals to combine some of their search operations.

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European stocks are trading higher in early business Monday, with the dollar firmer and bond prices lower, following the U.S. financial regulators' decision to allow Fannie Mae and Freddie Mac to borrow directly from the Federal Reserve. It was also proposed the Treasury Department be given the authority to take equity stakes in the two mortgage finance companies.

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Japan stock index futures finished slightly lower Monday on profit-taking in the afternoon, as buying fading before a rush of earnings reports from major Japanese companies starting Tuesday.

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Stocks in Europe traded higher on Wednesday, as a flurry of earnings from companies including the world's top steelmaker, ArcelorMittal, and engineering giant Siemens received a thumbs-up.

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European shares turned higher Wednesday, lifted by energy companies and miners as crude prices strengthened through the day.

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