The Morning Look
Stock Market Overview: As of this writing (7:45 am)U.S. stock futures are up nominally as investors await the final reading on Q3 GDP which is expected to increase by 1.9% (released at 8:30 am). Nike (NKE) will report earnings after the bell. Otherwise, the economic calendar remains relatively light during this shortened holiday week. In observance of the Christmas…
New Year to Bring New Car Tech @FoxBusiness
http://www.foxbusiness.com/technology/2015/12/21/new-year-to-bring-new-car-tech/?intcmp=marketfeatures
U.S. Senator Lindsey Graham dropped out of the Republican presidential race on Monday @FoxBusiness
http://www.foxbusiness.com/business-leaders/2015/12/21/republican-lindsey-graham-says-quitting-race-for-white-house/?intcmp=bigtopmarketfeaturesside
NHTSA Fines BMW $40M for Series of Violations @FoxBusiness
http://www.foxbusiness.com/industries/2015/12/21/nhtsa-fines-bmw-40-million-for-series-violations/?intcmp=bigtopmarketfeaturesside
Merck CEO: Breakthrough in Lung Cancer Treatment @FoxBusiness $MRK
http://www.foxbusiness.com/business-leaders/2015/12/21/merck-ceo-on-major-breakthrough-in-lung-cancer-treatment/?intcmp=bigtopmarketfeaturesside
Oil Decline Continues @FoxBusiness
http://www.foxbusiness.com/markets/2015/12/21/us-crude-decline-continues/?intcmp=bigtopmarketfeatures
Carl Icahn raises offer for Pep Boys, tops Bridgestone’s offer
http://www.reuters.com/article/us-pep-boys-manny-m-a-bridgestone-idUSKBN0U41OG20151221
Required Reading Of The Day
China exploits Buddhist rift to smear Dalai Lama Six U.S. troops killed by suicide bomber in Afghanistan Rockets hit Afghan capital Kabul FDA overturns 30-year ban on blood donations by gay men Driver plows onto Las Vegas Strip sidewalk, killing one; dozens hurt
The Closing Look
Stock Market Commentary: Stocks ended higher on Monday as oil prices fell. Stocks opened higher then briefly dipped into negative territory before a late day rally in the final hour helped the Dow Jones Industrial Average finish up 124 points. Overnight, China’s Central Bank announced new #EasyMoney measures to stimulate their slowing economy. The People’s Bank of China,…