All the major stock indices (^DJI, ^GSPC, ^IXIC) are in the red today after Fed Chair Janet Yellen told the IMF Finance and Society conference, "equity market valuations at this point generally are quite high...There are potential dangers there."
Here are some of the other stories Yahoo Finance is keeping an eye on today.
Tesla to report
Is Elon Musk's Tesla (TSLA) a car company that make batteries or a battery company that makes cars? We may not find out from today's earnings report but we will get some new data to digest.
Millionaires love Hillary Clinton
If the presidential election were held today, there would be a clear winner among America's millionaires--Hillary Clinton. That's according to a new CNBC (CMCSA) poll that finds the Democratic candidate is the top pick of 36 percent of those with seven-figure net worth. Coming in second, former Florida Republican governor Jeb Bush at 20 percent.
Retail pros set sights on Amazon
Ron Johnson is back...and he's taking on Amazon (AMZN). The former Apple (AAPL) store rock star who flopped as CEO of JC Penney (JCP) has a new retail venture called Enjoy. It sells technology products that are then hand-delivered by an Enjoy employee who helps with setup. But Enjoy is not alone in taking on the 800-pound online gorilla. Marc Lore, the co-founder of Quidsi (which he sold to Amazon), is launching Jet, a members-only shopping club that promises the best price on 10 million items.
Alternative investment bubble?
Pricey art is hot! Both Sotheby's (BID) and Christe's auction houses are holding some mega sales over the next two weeks. Sotheby's kicking off the action by selling a Vincent Van Gogh painting for more than $66 million dollars.
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