Stocks (^DJI, ^GSPC, ^IXIC) are trading sideways at midday, with telecom (IYZ) and financials (XLF) leading while consumer staples (XLP) are mostly in the red for the second day in a row. Keith Bliss of Cuttone and Co. 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 Tech Founder, David Pogue.
Bling comes to tech
Would you buy a $12,000 Apple Watch? How about a $40,000 Vertu phone? Tech has officially gone luxury, as gadget makers are putting a bit of bling in their latest offerings.
Pay your bills with your watch
Fitbit (FIT) is stepping up their game by making a big acquisition. They’re purchasing the assets of the company, Coin. This will give them the ability to add a mobile payments feature into their Fitbit bands. CEO James Park has already said that the new tech won’t be integrated till at least next year.
Streaming video goes full circle
Once you’re tired of counting your steps, you can go watch a Netflix (NFLX) show on broadcast television. The Netflix original series ‘Narcos’ will air on Univision. The largest Spanish language broadcaster will air the first full season of the show. The deal allows Univision to broadcast the show, but not to feature it on-demand.