After dropping triple digits, the Dow claws back most of those losses. This as Apple suffers its worst day in over two months. Plus, 30 years ago today was the worst day in Dow history. But we still don’t really know what happened. And, we’ve got PayPal earnings any minute now. Plus, there’s a big vote coming up in the Senate that could pave the way for tax reform. Catch The Final Round at 3:55 p.m. with Myles Udland and Yahoo Finance’s Justine Underhill.
Winners and losers
Stocks in the red today include United Continental as it forecast a decline in current quarter revenue per seat mile, a key airline metric; Philip Morris as the Marlboro cigarette maker missed on both the top and bottom lines; and Tesla, with shares getting zapped as Consumer Reports predicts the Model 3 will receive an ‘average’ reliability rating.
Stocks in the green today include MongoDB as the database company soared on its public debut; Blackstone Group as the investment firm beat on earnings and said it had a record $387 billion under management; and Adobe Systems, with shares of the creative software maker jumping as its profit and revenue forecasts for fiscal 2018 topped Wall Street estimates.