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Key Words: Even Adidas is watching Netflix

Global creative director says Adidas has to consider any other company with whom a potential customer might spend money — and not just rival athletic-gear makers — a rival.

Source: http://www.marketwatch.com/news/story.asp?guid=%7B4C3194BE-CBD9-11E7-BEE1-4956AF9397F2%7D&siteid=rss&rss=1

Stitch Fix fumbles IPO despite strong underlying business

Shares of the San Francisco-based company started trading on Nasdaq Friday, and topped $18.53, well above the initial public offering price of $15. But investors reversed the stock’s early gains and sent the stock to close at $15.15. After hours, Stitch Fix briefly traded at $14.99. The day’s trading was not exactly a textbook success, IPO watchers said.

Source: http://www.marketwatch.com/news/story.asp?guid=%7B90B4E95C-CBDD-11E7-AA93-BF285E5405A5%7D&siteid=rss&rss=1

Capitol Report: Elevated CAPE ratio suggests stock market returns to decline, regional Fed bank finds

A popular measure of valuing stocks looks set for a decline, and stock returns will suffer because of it, according to new research published Monday by the Federal Reserve Bank of San Francisco.

Source: http://www.marketwatch.com/news/story.asp?guid=%7BF34965B0-C896-11E7-A714-3BEBB2542149%7D&siteid=rss&rss=1

MarketWatch First Take: Apple will need to make HomePod worth waiting for after delayed launch

Apple Inc.’s delay of its HomePod is a gamble that its most ardent consumers will wait to buy the anticipated device after the holidays, while it risks losing some incremental sales.

Source: http://www.marketwatch.com/news/story.asp?guid=%7B58A7989E-CBD7-11E7-AA04-35A56D8B0840%7D&siteid=rss&rss=1

Key Words: Sessions opens Friday address with joke about Russian contacts

That's Attorney General Jeff Sessions attempting levity at the outset of an address Friday to the annual lawyers convention of the conservative- and libertarian-leaning Federalist Society.

Source: http://www.marketwatch.com/news/story.asp?guid=%7B8DA3EF82-CBD4-11E7-BEE1-4956AF9397F2%7D&siteid=rss&rss=1

The Fed: Fed speeches show readiness to raise rates next month and a wariness about next recession

A flurry of Fed speakers this week signaled the central bank will move ahead with a rate hike next month and that officials are mulling how to combat the next downturn

Source: http://www.marketwatch.com/news/story.asp?guid=%7B91BFCDAC-CBA2-11E7-AA93-BF285E5405A5%7D&siteid=rss&rss=1

NewsWatch: Here’s how Amazon may be a $1 trillion company in a year

Amazon.com is one of the most valuable companies in the world, but according to one analysis, its diverse business units, when evaluated on a sum-of-the-parts basis, are worth a lot more than Wall Street currently seems to appreciate.

Source: http://www.marketwatch.com/news/story.asp?guid=%7BB5CADCC2-E936-468F-81EE-ED47B6C5905C%7D&siteid=rss&rss=1

Market Snapshot: Dow, S&P log weekly loss as investors weigh earnings, tax plan

U.S. stocks finish lower on Friday, with the S&P 500 and the Dow logging second straight week of losses as investors tracked the progress of the Republican tax cut plan as it made its way through the legislative grind.

Source: http://www.marketwatch.com/news/story.asp?guid=%7B6F4F2602-CB78-11E7-AA04-35A56D8B0840%7D&siteid=rss&rss=1

Capitol Report: Senate bill has provision favorable to private jet owners

Private jet owners won’t have to pay certain taxes if the Senate’s version of Republicans’ tax overhaul becomes law, incensing Democrats who say the bill doesn’t benefit the middle class.