Back Market Watch Wednesday, September 13, 2017
Search Sections 13 Sep

Market Watch

Wednesday, September 13, 2017
Close
Advertisement
13 Sep 11:08pm Top Democrats announce deal with Trump to protect ‘Dreamers’
Market Watch
Top Democratic leaders said Wednesday night that they had reached a compromise agreement with President Donald Trump to enact protections for the children of undocumented immigrants in exchange for increased border security measures that do not include funding for a wall.
 Like Reply
13 Sep 10:52pm Top Democrats announce DACA deal with Trump that excludes wall funding
Market Watch
Top Democratic leaders said Wednesday night that they had reached a compromise agreement with President Donald Trump to enact protections for the children of undocumented immigrants in exchange for increased border security measures that do not include funding for a wall.
 Like Reply
13 Sep 9:21pm Trump administration’s new crackdown against leaks is leaked
Market Watch
President Donald Trump's national security adviser, H.R. McMaster, has issued a memo instructing all federal agencies to warn its employees of the consequences of leaking government information.
 Like Reply
13 Sep 8:25pm Updated The Wall Street Journal: Bain-Apple group sign letter of intent to buy Toshiba chip unit
Market Watch
A group including Apple Inc. and Dell Technologies Inc. surged to the front of a hotly contested race to acquire Toshiba Corp.’s memory-chip business, a crucial supplier to some of the world’s biggest makers of electronic gear.
 Like Reply
13 Sep 7:48pm Mnuchin sought military jet for his European honeymoon: report
Market Watch
Treasury Secretary Steven Mnuchin asked for a military jet to take him and his wife on their European honeymoon, according to a report late Wednesday.
 Like Reply
13 Sep 7:15pm Updated Bond Report: 2-year Treasury yield highest in five weeks on tax reform hopes
Market Watch
U.S. Treasurys picked up where they had left off, pushing yields higher, on Wednesday as investors continued to rotate out of government paper and other assets perceived as less risky, while traders looked ahead to consumer price data.
 Like Reply
13 Sep 5:48pm The Wall Street Journal: U.S. bans Kaspersky software from federal agencies, citing security risk
Market Watch
The U.S. Department of Homeland Security ordered federal agencies Wednesday to identify and remove products from the Russian cybersecurity firm AO Kaspersky Lab running on government computers, citing concerns that Russian intelligence could compromise U.S. systems through Kaspersky software.
 Like Reply
13 Sep 5:00pm NewsWatch: Bitcoin at crossroads after shedding nearly $20 billion in value
Market Watch
Fears of a bitcoin bubble and a focus on the rise of digital currencies overall may signify that cyberunits are at an important crossroads.
 Like Reply
13 Sep 4:58pm Currencies: Dollar retains modest gains as focus turns to consumer-inflation data
Market Watch
The U.S. dollar rose against most of its rivals Wednesday, as traders shook off a weaker-than-expected read of producer prices to focus on Thursday’s consumer-focused inflation figures.
 Like Reply
13 Sep 4:53pm Updated Cable-cord cutting is accelerating, but at what cost?
Market Watch
This year alone, more than 22 million TV viewers age 18 and older are expected to ditch their traditional cable TV bundles, according to eMarketer.
 Like Reply
13 Sep 4:42pm Market Snapshot: Stock market edges higher to book another round of records
Market Watch
All three major stock indexes eke out gains to close at a record for a second session in a row Wednesday but trading was subdued as investors searched for catalysts that could breathe new life into the rally.
 Like Reply
13 Sep 4:35pm Updated How Equifax hackers could file taxes in your name and get a refund from the IRS
Market Watch
How the Equifax breach could impact you during tax season.
 Like Reply
13 Sep 4:33pm Updated Still confused after the Equifax breach? Here’s what you need to know
Market Watch
Since Equifax revealed the massive data breach, few things have gone smoothly.
 Like Reply
13 Sep 4:22pm The Wall Street Journal: 2028 Summer Olympics officially awarded to Los Angeles
Market Watch
Los Angeles officially won the rights to organize the 2028 Summer Olympics on Wednesday, completing an unprecedented arrangement the International Olympic Committee struck earlier this summer to name the next two summer Games sites at once.
 Like Reply
13 Sep 4:06pm Updated Trump Today: Trump Today: President prods Congress to ‘move fast’ on tax deal and sets meeting with Schumer, Pelosi
Market Watch
President Donald Trump prodded Congress on Wednesday to “move fast” on a tax overhaul, met with a bipartisan group of lawmakers and was scheduled to have dinner with Senate Minority Leader Chuck Schumer and House Minority Leader Nancy Pelosi.
 Like Reply
13 Sep 3:36pm The Wall Street Journal: White House says Trump to sign resolution condemning white nationalists
Market Watch
The White House said Wednesday that President Donald Trump will sign a bipartisan congressional resolution condemning white nationalists, after the measure passed both chambers earlier this week.
 Like Reply
13 Sep 3:35pm numberFire: Was the quarterback play in Week 1 of the NFL season really that bad?
Market Watch
Of the 33 players who attempted a pass in Week 1, a whopping 11 of them finished with negative Net Expected Points (NEP), the metric we use to track the efficiency of both teams and players.
 Like Reply
13 Sep 3:33pm The New York Post: Spokane, Wash.–area school shooting leaves one dead and five wounded
Market Watch
A gunman opened fire at a public school near Spokane, Wash., on Wednesday morning, killing one person and wounding five others before being caught, according to reports.
 Like Reply
13 Sep 3:18pm Futures Movers: U.S. oil prices rally as U.S. supplies rise less than expected, global output declines
Market Watch
Oil prices tally a third-straight session gain Wednesday, buoyed by a report from the International Energy Agency that showed global crude production fell for the first time in four months in August. Traders also weigh weekly data from the U.S. government revealing a smaller-than-expected rise in crude supplies.
 Like Reply
13 Sep 2:47pm Market Snapshot: Stock market struggles to maintain all-time highs
Market Watch
U.S. stocks switched between small gains and losses on Wednesday, with the S&P 500 and Nasdaq retreating from all-time highs, as investors searched for catalysts that could breathe new life into the rally.
 Like Reply
13 Sep 2:25pm Updated Key Words: Conor McGregor just got a glimpse of what real wealth looks like... and wants some
Market Watch
Conor McGregor has been in Ibiza, reflecting on his life and career after his insanely lucrative defeat at the gloves of Floyd Mayweather. His conclusion: Gimme more!
 Like Reply
13 Sep 2:17pm Bond Report: Treasury yields extend week’s rise as clearer inflation view awaited
Market Watch
U.S. Treasurys stabilized, leaving yields little changed, on Wednesday as traders showed minimal interest in a middling report on producer prices in favor of consumer price data due out in the following session.
 Like Reply
13 Sep 2:12pm Updated Economic Report: U.S. runs August budget deficit of $108 billion, Treasury says
Market Watch
The federal government ran a budget deficit of $108 billion in August, the Treasury Department said Wednesday, just slightly more than in the same month a year ago.
 Like Reply
13 Sep 2:10pm Metals Stocks: Gold suffers third straight daily decline
Market Watch
Gold prices fall Wednesday for a third session in a row, marking their lowest finish for the month to date.
 Like Reply
13 Sep 2:05pm Currencies: Dollar defends gains despite slight miss on wholesale inflation
Market Watch
The U.S. dollar inched higher against some of its rivals on Wednesday, shrugging off August producer-price data that undercut rate-hike expectations slightly as traders turn their attention to Thursday’s consumer inflation numbers.
 Like Reply
13 Sep 2:01pm Updated Is Apple’s new iPhone’s facial recognition really more secure?
Market Watch
Experts say there are more secure ways of unlocking your smartphone.
 Like Reply
13 Sep 1:54pm Updated New technology in the iPhone 8 and X will ramp up Apple’s dominance for years
Market Watch
By using in-house designs, the company is no longer constrained, as its competitors are, writes Ryan Shrout.
 Like Reply
13 Sep 1:29pm The Wall Street Journal: Emmys 2017: A streaming vs. traditional TV showdown
Market Watch
If Hulu or Netflix wins Outstanding Drama Series at Sunday’s Emmy Awards, it will be the first streaming service to claim the marquee honor. And if NBC’s family drama “This Is Us” prevails, it will be a victory for traditional television—and end an 11-year dry spell for network broadcasting.
 Like Reply
13 Sep 1:24pm Capitol Report: Working-class voters aren’t buying Democratic promises of free college
Market Watch
Democrats seeking a chink in President Trump’s armor have floated the idea of “free” college to attract support outside their liberal base, but apparently the idea has fallen flat with swing voters.
 Like Reply
13 Sep 1:05pm The New York Post: Flynn Mideast trip on Russia-related business should be part of Mueller probe, House Democrats say
Market Watch
House Democrats say former national-security adviser Michael Flynn failed to disclose a trip to the Middle East for a business deal involving the Saudi government and a Russian agency — and they want special counsel Robert Mueller to investigate, according to a report.
 Like Reply
13 Sep 12:39pm Updated Deep Dive: These 20 value stocks are disguised as growth stocks
Market Watch
Some companies in the ‘value’ camp are increasing sales rapidly while becoming more profitable, says Phil van Doorn.
 Like Reply
13 Sep 12:25pm Market Extra: Why Harvey and Irma won’t change the Fed’s rate-raising timeline
Market Watch
The recent storms that wrecked massive devastation in both Texas and Florida are widely expected to have major economic impacts on the U.S. economy, in ways both good and bad, but even if they move the needle in terms of economic growth, they’re unlikely to change the thinking of the Federal Reserve.
 Like Reply
13 Sep 12:24pm Market Snapshot: Stock market struggles to hang on to all-time highs
Market Watch
U.S. stocks switched between small gains and losses on Wednesday, with the S&P 500 and Nasdaq retreating from all-time highs as investors searched for catalysts that could breathe new life into the rally.
 Like Reply
13 Sep 12:05pm The Margin: Porn company milks its Ted Cruz moment
Market Watch
The Texas senator might have just earned RealityKings.com’s vote.
 Like Reply
13 Sep 12:02pm Updated Star-studded #HandinHand hurricane telethon pulls in $44 million so far
Market Watch
Movie stars, hip-hop notables, country crooners and talk-show royalty filled the stage Tuesday night for “Hand in Hand: A Benefit for Hurricane Relief,” which raised a quick $14 million in its single hour of live broadcast on the major television networks.
 Like Reply
13 Sep 12:00pm NewsWatch: These three catalysts will push Apple’s stock to over $200
Market Watch
Don’t be fooled by the lackluster iPhone event held Tuesday, says Nigam Arora.
 Like Reply
13 Sep 11:55am Futures Movers: Oil prices hold gains; U.S. supplies up less than expected even as output jumps
Market Watch
Oil prices are on track to tally a third-straight session gain Wednesday, buoyed by a report from the International Energy Agency that showed global crude production fell for the first time in four months in August. Traders also weigh weekly data from the U.S. government revealing a smaller-than-expected rise in crude supplies, along with a jump in domestic output.
 Like Reply
13 Sep 11:16am The New York Post: Criminal investigation under way after nursing-home deaths in Hurricane Irma’s wake
Market Watch
Five nursing-home residents in Florida died Wednesday morning after becoming ill inside a building left without power in the wake of Hurricane Irma, officials said.
 Like Reply
13 Sep 10:46am 6 ways to make smartphones more humane — and less addictive
Market Watch
39% of millennials say they interact more with their phones than with their loved ones.
 Like Reply
13 Sep 10:44am Metals Stocks: Gold moves lower, aims for longest streak of declines in over a month
Market Watch
Gold prices move lower Wednesday, aiming for their longest streak of session declines in over a month.
 Like Reply
13 Sep 10:40am Key Words: Manchin recalls Pence’s unfavorable comparison of tax code to Bible
Market Watch
Not asked what was on the menu at a White House dinner for senators from both sides of the aisle, Democrat Joe Manchin enthuses over the steak medallions and an ice-cream dessert that initially appeared to be a hard-boiled egg. He also reports that President Trump insisted he’s not aiming for a tax cut for the wealthiest Americans.
 Like Reply
13 Sep 10:38am Currencies: Dollar defends gains despite slight PPI miss
Market Watch
The U.S. dollar inched higher against some of its rivals on Wednesday, shrugging off August producer-price data that undercut rate-hike expectations slightly as traders turn their attention to Thursday’s consumer inflation numbers.
 Like Reply
13 Sep 10:33am Updated Forecaster of the Month: Inflation will come back to 2% if we keep adding jobs, top forecaster says
Market Watch
The U.S. economy is in “an OK place,” says Michael Feroli, MarketWatch’s Forecaster of the Month.
 Like Reply
13 Sep 10:28am Outside the Box: Don’t be a patsy with your ETF trades, says this ex-Lehman boss
Market Watch
Just because you can invest in something exotic doesn’t mean you should.
 Like Reply
13 Sep 10:17am Bond Report: Treasury yields pinned in narrow range as clearer inflation view, next auction awaited
Market Watch
U.S. Treasurys stabilized, leaving yields little changed, on Wednesday as traders showed minimal interest in a middling report on producer prices in favor of consumer price data due out in the following session.
 Like Reply
13 Sep 9:54am Outside the Box: The myths of recovery: Why American households aren’t better off
Market Watch
The official government data hides the reality of the modern worker, writes Constantin Gurdgiev.
 Like Reply
13 Sep 9:50am 6 ways to make smartphones more ‘humane’ — and less addictive
Market Watch
39% of millennials say they interact more with their phones than with their loved ones.
 Like Reply
13 Sep 9:47am FA Center: Superrich investors are trading hedge funds for private equity and real estate
Market Watch
Superrich investors are trading hedge funds for private equity and real estate.
 Like Reply
13 Sep 9:39am Project Syndicate: The mystery of missing inflation, and what to do about it
Market Watch
Nouriel Roubini wonders whether central banks should resign themselves to the new normal of low inflation, or is it just transitory?
 Like Reply
13 Sep 9:35am These three catalysts will push Apple’s stock to over $200
Market Watch
Don’t be fooled by the lackluster iPhone event held Tuesday, says Nigam Arora.
 Like Reply
13 Sep 9:17am Updated Called to Account: Wal-Mart accounting for e-commerce, overseas asset sales draws SEC scrutiny
Market Watch
Wal-Mart may be poised to benefit from new revenue recognition rules in 2018, but first the SEC had questions about its current accounting and financial reporting
 Like Reply
13 Sep 9:16am Economic Report: Higher U.S. gas prices boost wholesale inflation
Market Watch
U.S. inflation at the wholesale level rebounded toward the end of summer, but most of the increase reflected higher gasoline prices. The producer price index rose 0.2% last month.
 Like Reply
13 Sep 9:00am NewsWatch: Don’t laugh — that $1,000 iPhone could be a genius move for Apple
Market Watch
Sure, it’s expensive, but that is entirely the point, argues Brett Arends.
 Like Reply
13 Sep 8:58am Updated Need to Know: Avoid this one big move if the stock market’s record run is giving you the jitters
Market Watch
These market highs are making a few out there just a bit dizzy. While those records may struggle to hold on today, a resilient market has some thinking it may be time to take money off the table and cash in a few gains. Here’s what not to do.
 Like Reply
13 Sep 8:53am Capitol Report: Republican senators make last-ditch Obamacare repeal bid | McConnell says no debt ceiling vote in December
Market Watch
Republican senators make last-ditch Obamacare repeal bid; McConnell says no debt ceiling vote in December; how the tech industry is being turned against; and more.
 Like Reply
13 Sep 8:51am Updated Market Snapshot: U.S. stocks set to lose grip on all-time highs as global rally stutters
Market Watch
Wall Street stocks are poised to slip back from all-time highs Wednesday, as investors cast about for catalysts that could breathe new life into the recent rally.
 Like Reply
13 Sep 8:47am Updated Caroline Baum: The index of index creation is off the charts
Market Watch
Economists have created an index for almost everything, but many of these creations don’t add any value, writes Caroline Baum.
 Like Reply
13 Sep 8:42am Updated Sage Therapeutics drug for rare condition deemed a failure, but company may see a path forward
Market Watch
Causes of the condition could affect how well the treatment works, the company’s CEO tells MarketWatch.
 Like Reply
13 Sep 8:38am Economic Report: Higher gas prices boost wholesale inflation
Market Watch
U.S. inflation at the wholesale level rebounded toward the end of summer, but most of the increase reflected higher gasoline prices. The producer price index rose 0.2% last month.
 Like Reply
13 Sep 8:38am Updated Key Words: Jamie Dimon’s ‘good argument’ for bitcoin won’t win him any points with cryptocurrency fans
Market Watch
The J.P. Morgan CEO delved Tuesday at a Barclays investment conference into his view of the sorts of people for whom bitcoin might be a useful financial instrument.
 Like Reply
13 Sep 8:30am Updated Whole Foods can kick its overpriced reputation with Amazon’s help
Market Watch
Experts say that Whole Foods may finally see its ‘Whole Paycheck’ reputation disappear with help from Amazon’s business model
 Like Reply
13 Sep 8:23am Bond Report: Treasurys tread water ahead of inflation report
Market Watch
U.S. Treasurys stabilize, with yields little changed, on Wednesday as traders appear reluctant to make significant moves ahead of report on producer prices due later in the session.
 Like Reply
13 Sep 8:03am Metals Stocks: Gold rebounds, takes aim at one-year high
Market Watch
Gold prices rebounded modestly Wednesday as stocks looked likely to pull back from record highs and a leading dollar index softened, setting the yellow metal on a path back toward the one-year settlement highs just above $1,351 hit last week.
 Like Reply
13 Sep 7:58am Need to Know: You’ll never guess how you could play defense in this soaring, tech-driven market
Market Watch
These market highs are making a few out there just a bit dizzy. While those records may struggle to hold on today, a resilient market has some thinking it may be time to take money off the table and cash in a few gains. Here’s what not to do.
 Like Reply
13 Sep 7:52am Updated Delayed iPhone X launch pressures Apple stock
Market Watch
The much anticipated 10th-anniversary edition of the iPhone has made its debut, but one of the few cliffhangers in its premiere didn’t help Apple stock.
 Like Reply
13 Sep 7:51am Updated Everything Apple announced at its iPhone event
Market Watch
Apple Inc. introduces three new phones including a high-end $999 phone, a new Apple Watch and a host of other new features at its special event Tuesday, it’s first-ever at the Steve Jobs Theater at its new “spaceship” campus after the first iPhone was introduced 10 years ago.
 Like Reply
13 Sep 7:45am Updated MarketWatch First Take: Apple Watch finally lives up to Dick Tracy’s standards, so maybe it will live up to expectations
Market Watch
Apple Inc. finally launched features that will make Apple Watch more like the stand-alone device consumers have clamored for since Dick Tracy spoke into his wristwatch decades ago.
 Like Reply
13 Sep 7:38am Currencies: Dollar flips higher vs. pound as U.K. wage data disappoint
Market Watch
The U.S. dollar regained ground against the pound Wednesday, with Britain’s currency knocked back from its highest levels in a year after wage figures tamped down expectations for hawkishness at the Bank of England.
 Like Reply
13 Sep 7:29am Metals Stocks: Gold prices snap brief slide, take new aim at one-year highs
Market Watch
Gold prices rebounded modestly Wednesday as stocks looked likely to pull back from record highs and a leading dollar index softened, setting the yellow metal on a path back toward the one-year settlement highs just above $1,351 hit last week.
 Like Reply
13 Sep 6:53am Market Extra: Shares in Apple suppliers are falling in the wake of the iPhone event
Market Watch
Shares in Apple Inc.’s suppliers were losing ground Wednesday, a day after the tech giant unveiled its new iPhone X and other much-anticipated devices.
 Like Reply
13 Sep 6:51am Futures Movers: Oil prices rise for 3rd straight session as IEA reports drop in global supply
Market Watch
Crude oil prices rise for a third straight day on Wednesday after the International Energy Agency said global oil production fell for the first time in four months in August, helping to rebalance oversupplied market.
 Like Reply
13 Sep 6:48am The Wall Street Journal: China preps sale of $2 billion dollar-priced bonds, first since 2004
Market Watch
China is laying the groundwork for its first sale of U.S.-dollar sovereign bonds in more than a decade, a move toward expanding its ties with global investors as its economy improves.
 Like Reply
13 Sep 6:36am Updated London Markets: FTSE 100 stays under pressure, but pound drops after U.K. jobs data
Market Watch
U.K. stocks are lower Wednesday, even as the pound lost its grip slightly after a downbeat labor-market update.
 Like Reply
13 Sep 6:25am The Wall Street Journal: U.S. border-wall prototypes may spark large protests, warns Homeland Security
Market Watch
The U.S. Department of Homeland Security is worried that planned construction of short stretches of border wall prototypes near San Diego could spark large-scale protests and violence.
 Like Reply
13 Sep 5:58am Europe Markets: European stocks pulled lower by slide in Apple suppliers
Market Watch
European stocks pull back, as London-listed shares sell off, while losses for some Apple suppliers help push the regional benchmark toward its first loss in six sessions.
 Like Reply
13 Sep 5:55am The Wall Street Journal: EU’s Juncker pushes for free-trade talks with Australia and New Zealand
Market Watch
The European Union’s top executive proposed starting free-trade talks with Australia and New Zealand, highlighting the bloc’s push to safeguard strategic industries while expanding its global economic links.
 Like Reply
13 Sep 5:23am Market Snapshot: U.S. stocks set to lose grip on all-time highs
Market Watch
Wall Street was set for a weak open on Wednesday, paring back from the prior session’s all-time closing highs as investors struggled to find fresh catalysts to push the markets higher after the recent rally for the U.S. stock market.
 Like Reply
13 Sep 5:06am Next Avenue: Shouldn’t my daughter’s boyfriend suck up more?
Market Watch
What happened to the good old days, when guys feared their girlfriend’s dads?
 Like Reply
13 Sep 5:05am NerdWallet: The best ways for your teen to make money online
Market Watch
Here’s what you need to know about six frequently mentioned moneymaking websites available to teens.
 Like Reply
13 Sep 5:03am Beat the System: Don’t laugh — that $1,000 iPhone could be a genius move for Apple
Market Watch
Sure, it’s expensive, but that is entirely the point, argues Brett Arends.
 Like Reply
13 Sep 5:02am NerdWallet: Insurance companies are getting creative with disaster response
Market Watch
These are some of the things you can do with new technology and services from insurance companies when disaster strikes.
 Like Reply
13 Sep 4:49am Updated Market Extra: Dimon calls bitcoin ‘a fraud’ and may have delivered the biggest blow to the digital currency
Market Watch
J.P. Morgan Chase & Co. boss Jamie Dimon just leveled one of the harshest criticisms about bitcoin and the broader digital-currency sector to date.
 Like Reply
13 Sep 4:44am The Wall Street Journal: Global oil supply fell for first time in 4 months due to Hurricane Harvey, says IEA
Market Watch
The IEA again raises its growth forecast for global oil demand in 2017, saying it expects demand to increase by 1.6 million barrels a day, up from a July estimate of 1.5 million barrels a day.
 Like Reply
13 Sep 4:38am London Markets: FTSE 100 stays under pressure from a strengthening pound
Market Watch
U.K. stocks dropped broadly Wednesday, under pressure as the pound traded at its highest in a year against the U.S. dollar before the release of labor-market figures.
 Like Reply
13 Sep 4:01am Market Extra: Bitcoin is a little like the dollar, but it’s still a ‘speculative bubble,’ says Howard Marks
Market Watch
Billionaire investor Howard Marks drew lots of flak in July when he said bitcoin and other cryptocurrencies are “not real.” The Oaktree Capital co-chairman now has backed down a bit, though he’s nonetheless still steering clear.
 Like Reply
13 Sep 3:39am Market Extra: Bitcoin is now the most crowded trade around: Bank of America Merrill Lynch
Market Watch
Bank of America Merrill Lynch’s September fund manager survey finds crowded trades in bitcoin and tech stocks, but there’s no irrational exuberance yet for stocks.
 Like Reply
On the top

Date settings

Today is Monday, September 25, 2017

+ 1 -
+ 1 -
+ 2016 -

Close

By using our website, you agree to the use of cookies as described in our cookie policy.

Accept