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Today’s hybrid movers under $10:

NOTE TO BEARS: YOU ARE FUCKING DEAD!!!

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Fannie Mae reported earnings that were better than expected. The company will issue a $2.8 billion dividend to the Treasury.

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[youtube:http://www.youtube.com/watch?v=FJt7gNi3Nr4 450 300]

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here we go again “US Army Veteran.”

His music, Wade M. Page once said, was about “how the value of human life has been degraded by tyranny.”

ut on Sunday, Mr. Page, an Army veteran and a rock singer whose bands specialized in the lyrics of hate, coldly took the lives of six people and wounded three others when he opened fire with a 9-millimeter semiautomatic handgun in a Sikh temple in Oak Creek, Wis., the police said. Officers then shot him to death.

To some who track the movements of white supremacist groups, the violence was not a total surprise. Mr. Page, 40, had long been among the hundreds of names on the radar of organizations monitored by the Southern Poverty Law Center because of his ties to the white supremacist movement and his role as the leader of a white-power band called End Apathy. The authorities have said they are treating the shooting as an act of domestic terrorism.

In Oak Creek and in nearby Cudahy, Wis., south of Milwaukee, where Mr. Page lived in the days before the attack, the magnitude and the nature of what had happened were only beginning to sink in, grief competing with outrage. A company flew its flag at half-staff. A Christian minister offered his parishioners’ help to a Sikh gathering at the Salvation Army.

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Wait…what?

U.S. equity-index futures rose, while Spain’s two-year note yield increased. Standard CharteredPlc tumbled the most in four years after a U.S. regulator said the lender may face suspension of business activities.

Standard & Poor’s 500 Index futures added 0.3 percent at 9:45 a.m. in London. The Stoxx Europe 600 Index rose less than 0.1 percent, after advancing as much as 0.6 percent. Standard Chartered slumped 16 percent, the most since October 2008. The Spanish two-year yield jumped 24 basis points and the German 10- year yield increased three basis points. The euro strengthened 0.1 percent to $1.2417. Soybeans climbed 1.3 percent.

German Chancellor Angela Merkel backed a bond-buying plan announced last week by the European Central Bank, a spokesman said yesterday. Reports today will probably show factory orders in Germany dropped, while Italy’s economy contracted in the second quarter, according to Bloomberg surveys of economists.

“The risk of the euro being abandoned has been reduced quite substantially,” said Khiem Do, Hong Kong-based head of Asian multi-asset strategy at Baring Asset Management (Asia) Ltd., which oversees about $8 billion. “That’s allowed risk assets to be re-priced.”

Standard Chartered slid for a second day after a New Yorkregulator said it may stop the bank from doing business in the state because it handled transactions for Iranian institutions that are sanctioned by the U.S.

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Oh shit….but.

U.K. stocks erased their advance, after yesterday rallying to a three-month high, as Standard Chartered Plc (STAN) plunged the most since October 2008.

Standard Chartered tumbled 17 percent as a New York regulator warned that it may suspend the bank’s U.S. unit from doing business in the state. BP Plc (BP/) added 1.5 percent.InterContinental Hotels Group Plc (IHG) jumped 4 percent after announcing a special dividend and a share buyback.

The FTSE 100 Index lost 6.15 points, or 0.1 percent, to 5,802.62 at 9:30 a.m. in London. The gauge has still climbed 10 percent from its 2012 low on June 1 as European Central Bank President Mario Draghi pledged to preserve the euro. The broader FTSE All-Share Index also slipped 0.1 percent today, while Ireland’s ISEQ Index retreated 1.2 percent.

To contact the reporter on this story: Namitha Jagadeesh in London at[email protected]

To contact the editor responsible for this story: Andrew Rummer at [email protected]

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Knight Capital Group officials raced over the weekend to negotiate a deal to save the crippled brokerage firm as new details emerged showing regulators rebuffed the company’s pleas to be released from errant trades it had booked.

Three hours after a software glitch unleashed a wave of erratic trades on Wednesday, leaving Knight holding at least $4.5 billion worth of securities it hadn’t planned to buy, firm Chief Executive Thomas Joyce was on the phone with Mary Schapiro, chairman of the Securities and Exchange Commission.

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The reason for the removal is unclear, although speculation naturally turns to the strained relationship between Apple and Google. Aside from YouTube, Apple’s iOS 6 contains another high-profile departure from Google’s services with Apple rolling out its own mapping and navigation service to displace Google.

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