Stocks (^DJI, ^GSPC, ^IXIC) are roughly flat at the midday mark, with the S&P 500 and Dow giving up early gains. The financial sector (XLF) is the most in the green, and telecom (IYZ) the most in the red. Keith Bliss of Cuttone and Company joins us live from the New York Stock Exchange.
To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance editor-in-chief Andy Serwer and Yahoo Finance’s Seana Smith.
Google dethrones Apple as most valuable brand
Well, Apple may be the talk of Wall Street after blowout earnings, but Google has replaced Apple as the world’s most valuable brand—at least according to the latest ranking by consulting firm Brand Finance. Google now has a value of $109 billion versus $107 billion for Apple. Tech brands dominate the top 10, with Walmart and Industrial and Commercial Bank of China the only companies outside of tech and telecom.
President Trump nominates Neil Gorsuch to SCOTUS
Donald Donald Trump’s pick for the Supreme Court is US Circuit Court Judge Neil Gorsuch. What does this mean for American businesses and their employees? During his decade as a federal appeals court judge in Denver he’s written several decisions that give us some clues.
Gender gap in the boardroom
Women are slowly breaking into the boardroom. According to data from two studies, women make up 15% of all director seats at public US companies. That’s up from 14% last year. At this rate, we won’t reach gender parity until 2055. And according to the research firm Equilar, just over 20% of companies have no women on their board.