Economic Report: U.S. inflation surges again after hurricane boosts gas prices, CPI shows
The consumer-price index jumped 0.5% in September as higher gasoline prices in the aftermath of Hurricane Harvey boosted inflation.Source: http://www.marketwatch.com/news/story.asp?guid=%7B59FC29F6-AF7D-11E7-9D86-9DB78C436C0A%7D&siteid=rss&rss=1
The Wall Street Journal: Maine Republican Collins won’t quit Senate to run for governor
Sen. Susan Collins of Maine, a centrist Republican who has been a decisive vote in thwarting some of President Donald Trump’s legislative agenda, on Friday ended months of speculation and said she would not quit the Senate to run for governor.Source: http://www.marketwatch.com/news/story.asp?guid=%7B2DB4B53A-B01C-11E7-BF5F-14D2FB317CF9%7D&siteid=rss&rss=1
Bond Report: Treasury yields tumble after weaker-than-expected inflation data
Treasury yields fell sharply on Friday after inflation rose less than expected, threatening the outlook for a December rate increase.Source: http://www.marketwatch.com/news/story.asp?guid=%7BEEF1B09C-B00B-11E7-9D86-9DB78C436C0A%7D&siteid=rss&rss=1
The least sexy FAANG stock is getting more attractive
Facebook, Apple, Amazon and Netflix get all the attention, which creates an opportunity for Google, says Nigam Arora.Source: http://www.marketwatch.com/news/story.asp?guid=%7B405E8F78-B01A-11E7-9D86-9DB78C436C0A%7D&siteid=rss&rss=1
Market Extra: Dow industrials dalliance with 23,000 is a sign of the stock market’s velocity
A resurgence in the so-called Trump trade has investors once again contemplating a fresh milestone for the Dow Jones Industrial Average.Source: http://www.marketwatch.com/news/story.asp?guid=%7BC6F634DE-A924-11E7-8976-8EC638BF7118%7D&siteid=rss&rss=1
Chicago earns high global ranking as a ‘safe’ city — and here’s why
Despite frightening statistics and routine singling out by President Trump for gun violence, Chicago was just ranked as one of the safest cities in the world.Source: http://www.marketwatch.com/news/story.asp?guid=%7B113FD804-AF8A-11E7-9D86-9DB78C436C0A%7D&siteid=rss&rss=1
Market Snapshot: S&P 500, Nasdaq hit intraday records as amid lackluster inflation, retail sales data
The S&P 500 and the Nasdaq score fresh all-time highs in intraday trade early Friday, after readings on consumer inflation and retail sales came in slightly weaker than expected, offering support to those who believe that the Federal Reserve may more gradually increase interest rates amid tepid price increases and wage growth.Source: http://www.marketwatch.com/news/story.asp?guid=%7B83AC3FAC-AF5A-11E7-9D86-9DB78C436C0A%7D&siteid=rss&rss=1
The Tell: Why stock-market bulls shouldn’t sweat some bad earnings
Wall Street is eagerly awaiting third-quarter earnings season, hoping for signs that the record-highs in major indexes are justified by the level of activity in corporate America. The good news is there may be more wiggle room on this score than investors realize.Source: http://www.marketwatch.com/news/story.asp?guid=%7B891EC50A-B00D-11E7-9D86-9DB78C436C0A%7D&siteid=rss&rss=1
Market Extra: S&P 500 is poised to make uncanny stock-market history—for doing almost nothing
How quiet is this stock market? By at least one measure, the S&P 500 is on pace to register is lengthiest period of quiescence in more than two decades.Source: http://www.marketwatch.com/news/story.asp?guid=%7BF80C0A28-AF71-11E7-95DA-6300F441E5C2%7D&siteid=rss&rss=1
4 things that might surprise investors this earnings season
Investors can expect mention this quarter of some of the unusual and possibly one-off events of the last three months, including the three hurricanes that devastated parts of Texas, Florida and the Caribbean, and caused major damage in Puerto Rico.Source: http://www.marketwatch.com/news/story.asp?guid=%7BE011F41A-AF61-11E7-95DA-6300F441E5C2%7D&siteid=rss&rss=1
Source: http://www.marketwatch.com/