Stocks regain their footing despite mixed economic data. Could it be the start of a Santa Claus Rally? Yahoo Finance editor-in-chief Andy Serwer breaks down the first trading day of December.
Winners and Losers
Now let's take a look at some of the winners and losers from today's session. Trading lower were Caterpillar (CAT), Hertz (HTZ), and Cummins (CMI), as the engine-maker was hit by a downgrade, exposure to China, and a strong dollar.
And some of today's big winners: American Airlines (AAL), Mattress Firm (MFRM), and Amazon (AMZN). The online retailer is trading higher after reporting record sales of its consumer devices like Fire Tablets and Fire TV's over the Black Friday weekend.
Climate Change in Focus
Turning now to the big climate change summit taking place in Paris this week—World governments are trying to find a way to limit the impact of the crisis that affects more than just our own well-being. According to some economists, a warming globe can actually impact GDP too.
KIND takes on the FDA
Daniel Lubetzky, the founder and chairman of KIND Snacks, is taking on the Food and Drug Administration over the use of the word "healthy"—or more accurately, the inability to use it when referring to some of his company's products. He joined The Final Round to discuss what KIND is doing to change the story, and what the world "healthy" means to the company’s bottom line. The FDA responded to Yahoo Finance's request for comment, stating “Once the agency receives a citizen petition, it will carefully review and consider the request, and ultimately respond directly to the petitioner ... After the agency responds to the citizen petition, the responses are also available in the docket on regulations.gov.”
Looking ahead
Here are some stories that could be making headlines tomorrow:
The Energy Information Administration's weekly petroleum status report will be released tomorrow, a day ahead of the big OPEC meeting in Vienna, Austria.
Janet Yellen delivers remarks on economic outlook in Washington, D.C., just two weeks before many expect her to announce the first interest rate hike in more than 9 years.
We'll talk with FedEx about how the holiday shipping season is shaping up just days after Black Friday and Cyber Monday.
