Stocks notch another day of gains, as oil hits a 15-month high and financials surge higher. Catch The Final Round at 4 p.m. with Jen Rogers and Yahoo Finance editor-in-chief Andy Serwer.
Why “work-life balance” causes more stress
Still working on that perfect work-life balance? Our guest David Burkus, author of Under New Management, tells us why it’s better to try and integrate work and life rather than put them in opposition.
Winners and Losers
Stocks on the move lower today include cyber security firm Imperva after a Bloomberg report that its sale process is on hold as the company seeks an increased deal price; LED-maker Cree on an earnings miss and disappointing guidance; and Rite Aid, with shares of the drugstore falling after reports that supermarket chain Kroger is no longer interested in acquiring 650 stores Rite Aid and Walgreens need to sell as a condition of their merger, according to reports.
Stocks ending the day in the green include oilfield services company Halliburton on an earnings beat, despite weaker than expected revenues; telecommunications equipment maker Adtran after posting a beat on both its top and bottom lines; and GNC, with shares higher after the Wall Street Journal reported that the supplements retailer met with several Chinese companies to gauge interest in a buyout deal that could be worth $4 billion including debt.
Here’s what will be making headlines tomorrow:
- We’ll get a read on the housing sector with existing home sales for September. Economists are looking for around 5.35 million homes sold.
- Earnings season rolls on with reports from Walgreens and Schlumberger as well as Dow components Microsoft and Verizon.
- Finally, today and tomorrow Yahoo Finance is live streaming the 2016 Vanity Fair New Establishment Summit from San Francisco. Speakers include: Uber founder Travis Kalanick, Disney CEO Bob Iger, Amazon’s Jeff Bezos and many others.