Dow sinks 602 points as the stock market contends with a fresh threat: a rising dollar

The Dow Jones Industrial Average ended Monday trade near session lows, amid a firming U.S. dollar. Last week, investor sentiment was buffeted by a rapid decline in crude-oil prices (CLZ8) which fell into bear-market territory, defined as a drop from a recent peak of at least 20%.

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  Market closes down 600 points as stocks continue to sell ...

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  What you need to know in markets Tuesday

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How Trump's tax cuts hurt the GOP in America's wealthy suburbs

Republicans are losing their hold on upper-middle-class suburbs, and the tax reform bill may be to blame. Although a number of races are still too close to call, Democrats have taken 30 seats so far — more than the 23 GOP districts they needed to seize control of the House of Representatives. In swing districts across the country, new Democratic challengers vowed to defy the Trump administration while Republican incumbents touted the benefits of tax reform and a booming economy.

Buy Semiconductors on the Dip? 3 Stocks to Consider Now

Semiconductor stocks have been battered by recent market-wide volatility and concerns that the industry’s strong cycle is nearing its end. The aforementioned emerging tech trends have created new consumer demand, and the semiconductor makers are delivering. Mellanox Technologies is a leading supplier of semiconductor-based computer networking products to world-class server, storage, and infrastructure OEMs.

Victoria’s Secret parent L Brands could bring back its swimsuit business, analysts say

L Brands Inc. could bring back the Victoria’s Secret swimsuit line now that the company has signaled no strategy is off limits if it improves profitability, Wells Fargo analysts say. L Brands’ (LB)  portfolio includes Victoria’s Secret and Bath & Body Works. Wells Fargo upgraded L Brands to outperform from market weight, with analysts seeing a turnaround on the horizon as the company takes an “‘all options on the table’ mentality.” Analysts don’t expect a turnaround in the near future, but shuttering Henri Bendel and considering options, including a sale, of the La Senza business shows that the company has taken on a new focus.

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  Victoria’s Secret boss apologises for controversial transgender comments

  Yahoo Style UK
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  These Victoria's Secret Angels Had Impressive Fitness Goals While Training for the 2018 Fashion Show

  Shape

Goldman Sachs Tumbles on 1MDB Scandal and `Fear of the Unknown'

Since prosecutors implicated a trio of Goldman Sachs bankers in a multibillion-dollar Malaysian fraud early this month, investors have endured an almost daily drip of news on the firm’s ties to the scandal. The barrage culminated Monday as the country’s finance minister demanded a “full refund,” tipping Goldman’s shares into their biggest drop since 2011. “It’s not so much the dollar amount,” said Gerard Cassidy at RBC Capital Markets.

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  Goldman Sachs Proposes a Eurozone Banks ETF

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  Goldman Sachs shares head for their worst drop in 7 years

  Yahoo Finance Video

Market closes down 600 points as stocks continue to sell ...

CNBC's Wilfred Frost and Bob Pisani report on the state of the market as the Dow hits session lows.

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  Markets Right Now: Technology stocks lead US market lower

  Associated Press
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  What you need to know in markets Tuesday

  Yahoo Finance

Here are the 40 newly announced Sears and Kmart store closures

Sears Holdings Corp. has announced that 40 stores will close in February 2019, adding to the 142 closures the struggling retailer announced previously. The stores, which include both Kmart and Sears locations, will begin liquidation sales late next week, the company said. Sears (SHLDQ)  filed Chapter 11 on Oct. 15.

General Electric's stock is in a full-blown crisis — Here's how you can tell

General Electric’s stock is acting right now like the banks did at the height of the 2008 financial crisis — completely disregarding any soothing words from those in the know. Shares of the fallen industrial giant have tanked 10% over the course of two days as Wall Street grows increasingly concerned about GE’s sky high debt levels, weakening fundamentals and pressured liquidity position. “While liquidity is certainly debatable, we believe this is not really about liquidity, it’s about a deterioration in run rate fundamentals,” said JPMorgan analyst Stephen Tusa in a note on Friday.

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  General Electric's Culp: No higher priority than bringing...

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  GE Plunged to a Nine-Year Low after JPMorgan Cut Its Target Price

  Market Realist

Exxon Mobil (XOM) Stock Moves -1.29%: What You Should Know

Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $78.29 billion, up 17.7% from the year-ago period. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Investors can capitalize on this by using the Zacks Rank.

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  Coca-Cola (KO) Gains As Market Dips: What You Should Know

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  Walt Disney (DIS) Stock Moves -1.1%: What You Should Know

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Pabst says MillerCoors is trying to put it out of business

Pabst Brewing Company and MillerCoors are going to trial, with hipster favorite Pabst contending that MillerCoors wants to put it out of business by ending a longstanding partnership through which it brews Pabst's beers. The case has high stakes for Pabst, whose lawyers argue that the company's very existence relies on the partnership with Chicago-based MillerCoors, which produces, packages and ships nearly all its products, which include Pabst Blue Ribbon, Old Milwaukee, Natty Boh and Lone Star. MillerCoors, meanwhile, says it's not obligated to continue brewing for Pabst and that Pabst doesn't want to pay enough to justify doing so.

Johnson & Johnson (JNJ) Gains As Market Dips: What You Should Know

Heading into today, shares of the world's biggest maker of health care products had gained 8.59% over the past month, outpacing the Medical sector's loss of 1.15% and the S&P 500's loss of 3.33% in that time. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $20.11 billion, down 0.42% from the year-ago period. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

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  Can Urban Outfitters (URBN) Keep the Earnings Surprise Streak Alive?

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  Ford (F) Gains As Market Dips: What You Should Know

  Zacks

You have to be 'very, very brave' to buy GE now, says Van...

William Cohan of Vanity Fair joins 'Squawk Box' to discuss General Electric after J.P Morgan downgraded the stock.

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  GE Rout Deepens as CEO's Attempt to Soothe Investors Falls Flat

  Bloomberg
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  General Electric seeks urgent asset sales as bond fears rise

  Reuters

General Electric seeks urgent asset sales as bond fears rise

General Electric Co (GE.N) will sell assets with "urgency" to reduce its high debt, Chief Executive Officer Larry Culp said on Monday, as GE shares tumbled as much as 10 percent and the cost of insuring its debt hit a six-year high. GE shares closed down 6.9 percent at $7.99 on the New York Stock Exchange after falling as low as $7.72.

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  GE shares fall as CEO Larry Culp says he'll sell assets to raise cash

  Yahoo Finance Video
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  GE Investors Want More Show, Less Tell

  Bloomberg

Verizon Communications (VZ) Gains As Market Dips: What You Should Know

Heading into today, shares of the largest U.S. cellphone carrier had gained 9.62% over the past month, outpacing the Computer and Technology sector's loss of 4.96% and the S&P 500's loss of 3.33% in that time. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $34.34 billion, up 1.14% from the year-ago period. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

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  Can Urban Outfitters (URBN) Keep the Earnings Surprise Streak Alive?

  Zacks
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  Ford (F) Gains As Market Dips: What You Should Know

  Zacks

Procter & Gamble (PG) Gains As Market Dips: What You Should Know

Procter & Gamble (PG) closed the most recent trading day at $92.70, moving +0.31% from the previous trading session. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $17.20 billion, down 1.11% from the year-ago period. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

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  Coca-Cola (KO) Gains As Market Dips: What You Should Know

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  Navigator Holdings (NVGS) Beats Q3 Earnings and Revenue Estimates

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You should be worried about tech stocks, and here’s why

After three weeks of tech earnings reports, we have seen such major companies as Apple Inc. and Amazon.com Inc. hammered after poor forecasts, but the real danger for tech is being voiced by companies that are not such household names. Several semiconductor companies are seeing a slowdown, and, even though they may be in the minority for now, they should not be ignored. Semiconductors, because of where they sit in the global supply chain and how pervasive their use is across so many products, can sound alarms about tech-ecosystem weakness that could be right around the corner.

Is the Options Market Predicting a Spike in NVIDIA (NVDA) Stock?

Investors in NVIDIA Corporation NVDA need to pay close attention to the stock based on moves in the options market lately. What is Implied Volatility? Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.

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  Do Options Traders Know Something About TESARO (TSRO) Stock We Don't?

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  Are Options Traders Betting on a Big Move in Amarin (AMRN) Stock?

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