Tuesday 29 October 2019

Why Fed might change its rate-cut strategy after October

The Federal Reserve is meeting on Wednesday. And unless it wants to anger stock and bond investors and US President Donald Trump, Fed Chairman Jerome Powell will cut interest rates for the third-straight time.
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Why Fed might change its rate-cut strategy after October
The Federal Reserve is meeting on Wednesday. And unless it wants to anger stock and bond investors and US President Donald Trump, Fed Chairman Jerome Powell will cut interest rates for the third-straight time. Read more »
 
Vaping industry in turmoil: Four more executives leave Juul
Juul's executive team is undergoing a massive change for the second time in two months, as the e-cigarette company continues a major overhaul of its business strategy. Read more »
 
How did the US economy do in the third quarter?
America's economy is slowing — but how much? On Wednesday, we'll get a sense of how the trade war, a global economic slowdown, the GM strike, Boeing's 737 Max problems and the fading effect of tax cuts have affected the world's largest economy. Read more »
 
US and China trade war: Two steps forward, three steps back
The trade war with China has been a two-steps forward, three-steps back affair. The current thinking is in the "two-steps forward" camp. Read more »
 
Why GM is backing Trump in his fight against California
General Motors, Fiat Chrysler, Toyota and a group of other foreign automakers are seeking to become a party to a legal battle between the Trump Administration and the state of California over whether California can set auto emission rules for itself and 13 other states that have chosen to follow its lead. Read more »
 
GrubHub is getting crushed in the food delivery wars. The stock is nose-diving 40%
Competition is brutal in the food delivery wars, and now it is taking a severe toll on one of the pioneers in the business. Read more »
 
 
 
 
Dow Nasdaq S&P
-19.26   -49.14   -2.53
27,071.46   8,276.85   3,036.89
-0.07%   -0.59%   -0.08%
YTD +16.05%   YTD +24.74%   YTD +21.14%
 
Biggest Winners
National Oilwell Varco Inc +13.69%
 
Xerox Holdings Corp +11.79%
 
Leggett & Platt Inc +11.72%
 
Leidos Holdings Inc +6.91%
Biggest Losers
IPG Photonics Corp -13.47%
 
A. O. Smith Corp -4.13%
 
TechnipFMC PLC -3.15%
 
Kroger Co -2.76%
Hottest ETF
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NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $55.45 -0.09 / -0.16%
Gold $1,490.70 0.00 / 0.00%
10-yr 1.84% -0.02
Euro $1.11 +0.00 / +0.11%
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