China May Face Yuan Float if Capital Controls Fail
https://www.bloomberg.com/news/articles/2016-11-21/shih-says-china-faces-yuan-float-if-capital-controls-fail-q-a
The Closing Look
The Dow Jones Industrial Average, Nasdaq composite, S&P 500 all hit record highs on Monday. Monday was the first day of the shortened holiday week. The benchmark S&P 500 hit a fresh record high after energy prices rallied 2% on renewed optimism that OPEC would cut production. Apple ($AAPL) and IBM ($IBM) were two big…
Accident Involving Facebook Experimental Drone Under Investigation
https://www.bloomberg.com/news/articles/2016-11-21/facebook-experimental-drone-accident-subject-of-safety-probe
Tuesday Pre-Market Look: Stocks In The News Before The Open
Facebook (FB) was upgraded to ‘Buy’ from ‘Hold’ at First Shanghai Securities Ltd with a price target of $135. FireEye (FEYE) fell 5% in pre-market trading after it was downgraded to ‘Sell’ from ‘Neutral’ at Goldman Sachs. Sina Corp. (SINA) rose over 2% in after-hours trading after it reported Q3 adjusted EPS of 24 cents,…
Fidelity Says Abigail Johnson to Succeed Father as Chairman
http://www.bloomberg.com/news/articles/2016-11-21/fidelity-says-abigail-johnson-to-succeed-father-as-chairman
Munchery’s Struggles Show How Hard the Food Delivery Business Is
https://www.bloomberg.com/news/articles/2016-11-21/munchery-s-struggles-show-how-hard-the-food-delivery-business-is
The Morning Look
Market Update: Stock futures are higher ahead of Tuesday’s open after the major indices hit fresh record highs. the first day of this holiday week. The stock market will be closed all day on Thursday (in observance of Thanksgiving) and close at 1pm EST on Friday. Gary’s Thoughts: We offer no cold water except to say…
Police fire water cannon at Dakota pipeline protesters in freezing weather
http://www.reuters.com/article/us-north-dakota-pipeline-idUSKBN13G1RS
Alibaba Cloud stretches global reach with four new facilities
http://www.reuters.com/article/us-alibaba-cloud-idUSKBN13G0GI