If you look at a chart of the U.S. Dollar Index futures (DX Z1) this morning you will see the sharp decline. If traders simply flip this chart upside down you will notice that the chart will resemble the S&P 500 Index today. When the dollar dips the markets flip. Traders should watch for some short term intra-day support on the U.S. Dollar Index futures around the $77.25 area. The U.S.

Nuance Communications, Inc. (NASDAQ:NUAN) announced an agreement to acquire Loquendo, a wholly-owned subsidiary of Telecom Italia. The combination of Nuance and Loquendo’s innovations will advance the proliferation of voice-enabled solutions.

Biogen Idec Inc. (Nasdaq:BIIB) announced that its 2011 Annual Shareholder Meeting will be webcast live on Thursday, June 2, 2011 at 9:00 a.m. ET. To access the live webcast, please visit Biogen Idec's Investor Relations section (investor.biogenidec.com). An archived version of the webcast will be available following the meeting.