Traders are eyeing the latest sentiment and housing data
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| | | 9/24/2019 | |
Investors have been patiently awaiting the Next Big Thing to follow the energy drink mania of a few years ago. It's finally here. Craft distilleries are popping up all over the United States. Yet, only one is publicly traded. It's latest whiskey offering, with big-name celebrity backing, is being hailed as one of the most successful liquor brand launches in the last 15-20 years. Click here for more details... |  | |
| Stocks Erase Gains as Oil Slumps | | By josh Selway | | The Dow Jones Industrial Average (DJI) was up triple digits earlier, as stocks reacted to bullish U.S.-China trade developments, with the Trump administration confirming more trade talks will take place next month. However, despite gains from Apple (AAPL), the Dow has since turned negative, following the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) into the red. The energy sector in particular is a spot of weakness, with November crude futures last seen down 1.5% at $57.78 per barrel. Traders are also digesting a steep drop in consumer confidence, as well as sluggish data on home prices. Continue reading for more on today's market, including: | | >> Continue reading... | |
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