Market Snapshot: Dow futures tumble more than 100 points as mood for risk sours
Weak oil prices, increasing jitters over plans for a U.S. tax overhaul and some nervousness surrounding big data out Wednesday are driving U.S. stock futures sharply lower.Source: http://www.marketwatch.com/news/story.asp?guid=%7BB47254B8-C9DC-11E7-BEE1-4956AF9397F2%7D&siteid=rss&rss=1
Economic Report: U.S. retail sales rise modestly in October after post-hurricane surge
Sales at U.S. retailers rose 0.2% in October, after jumping 1.9% in the prior month, the Commerce Department said Wednesday.Source: http://www.marketwatch.com/news/story.asp?guid=%7BDA704D78-C95A-11E7-A714-3BEBB2542149%7D&siteid=rss&rss=1
The Ratings Game: A rudderless Buffalo Wild Wings has a ‘credible’ buyer in Roark Capital
Analysts say potential Buffalo Wild Wings buyer Roark Capital Group has experience in the restaurant industry that could help the sports bar chain.Source: http://www.marketwatch.com/news/story.asp?guid=%7B38AF0484-C950-11E7-A714-3BEBB2542149%7D&siteid=rss&rss=1
Economic Report: Core CPI picks up in October, giving green light to Fed hike
U.S. consumer prices, excluding food and energy rose 1.8% over the past year, the fastest pace since April, the Labor Department said Wednesday.Source: http://www.marketwatch.com/news/story.asp?guid=%7B16EA5234-C95C-11E7-A714-3BEBB2542149%7D&siteid=rss&rss=1
Earnings Outlook: Cisco earnings: Amid changes, a chance to tell a cloud story
Cisco Systems Inc. gets another chance this week to explain its plans for a transformation away from a focus on selling network switches and routers and toward a more software-centric, subscription-based business.Source: http://www.marketwatch.com/news/story.asp?guid=%7B9E1D8E32-C88B-11E7-AC79-705A9782E729%7D&siteid=rss&rss=1
Apple issues $7 billion of debt in latest fund raising for $300 billion shareholder program
iPhone maker Apple Inc. completed a six-part, fixed-rate deal, according to research firm CreditSights.Source: http://www.marketwatch.com/news/story.asp?guid=%7BFA00F534-C31F-11E7-82FA-46AD101A9B0D%7D&siteid=rss&rss=1
Why the yield curve may invert even if the Fed sees inflation pick up
The so-called yield curve has steadily flattened amid higher rate expectations and a backdrop of lackluster inflation, unsettling market participants who feel the Treasurys market is only a few steps away from an even more ominous development: An inverted curve, widely considered a precursor to a recession.Source: http://www.marketwatch.com/news/story.asp?guid=%7BC270AB8C-C95A-11E7-AC79-705A9782E729%7D&siteid=rss&rss=1
Need to Know: Looking for a stock to bet against? Here’s how Tesla ‘ticks all the boxes’
A decent stock selloff is underway. Looking for a name to bet against? Tesla still looks like a textbook short, according to storied short-seller Jim Chanos, the longtime Tesla critic who provides our call of the day.Source: http://www.marketwatch.com/news/story.asp?guid=%7B0CF9C6F4-C963-11E7-9B2A-8312BBCD5A51%7D&siteid=rss&rss=1
Is Amazon getting into the pharmacy business? This is what you need to know
The massive online retailer with a reputation for disruption could be coming for the notoriously complex, opaque drug industry.Source: http://www.marketwatch.com/news/story.asp?guid=%7B4D415DEC-AAAC-11E7-9346-5B61074AF419%7D&siteid=rss&rss=1
The FDA is cracking down on controversial supplement kratom
The product, which some Americans use for drug withdrawal, could actually make the opioid crisis worse, according to the FDA.Source: http://www.marketwatch.com/news/story.asp?guid=%7B72A75F34-C94A-11E7-9B2A-8312BBCD5A51%7D&siteid=rss&rss=1
Source: http://www.marketwatch.com/