Tesla will release Autopilot update ‘in weeks’: Musk
http://www.reuters.com/article/us-tesla-autopilot-idUSKCN11629F
U.S. sues to stop Deere from buying Precision Planting
http://www.reuters.com/article/us-precisionplanting-m-a-deere-idUSKCN11628G?il=0
Oil Skids on U.S. Crude, Distillate Build
http://www.reuters.com/article/us-global-oil-idUSKCN116039?il=0
Mylan blames Obamacare for skyrocketing costs @FoxBusiness
https://video.foxbusiness.com/v/5105071963001/mylan-blames-obamacare-for-skyrocketing-costs/?#sp=show-clips
Required Reading
Brazil’s Rousseff removed from office Brazil’s Senate decides not to bar Rousseff from public office North Korea executes vice premier in latest purge: South Storm bears down on Florida, hurricane threatens Hawaii Maine governor says will not resign, to seek spiritual advice U.S. private payrolls rise solidly; pending home sales jump
The Closing Look
Stocks fell on Tuesday as investors digested the latest round of economic data. The S&P Case-Shiller Index slid -0.1% on a monthly basis and missed estimates for a gain of +0.1%. Overall, the index rose by 5.1% vs the same period last year. Elsewhere, consumer confidence rose to 101.1, beating estimates for 97.3. Shares of Hershey (HSY)…
The Morning Look
Market Update: Stock futures are quiet ahead of Wednesday’s open as the market continues trading near record highs. Gary’s Thoughts: Dollar/discount retail, Gold, silver, metals, mining, steel, utilities, reits (not all), retail (many), tobacco, other consumer staples,auto part retail, lots of healthcare…..notice more and more areas under pressure here. Does not mean the end of the world…
Solar Manufacturers Could Face Rough Road Ahead @FoxBusiness
http://www.foxbusiness.com/markets/2016/08/30/solar-manufacturers-could-face-rough-road-ahead.html
Uber Hires Target Executive as President of Ride-Sharing @FoxBusiness
http://www.foxbusiness.com/markets/2016/08/30/uber-hires-target-executive-as-president-ride-sharing.html