Markets look to begin the day in the red. Meanwhile, investors are keeping a close eye on Washington. The president is expected to officially nominate Jerome Powell to lead the Federal Reserve, as the GOP is scheduled to unveil the new tax bill. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer, Nicole Sinclair and Melody Hahm discuss the big stories of the day.
Today’s topics:
The latest on NYC terror attack
Trump says NYC terror suspect should get death penalty
Trump expected to pick Jerome Powell as next Fed chair
Apple moves closer to $1T market value
Demand for iPhone X rockets
Tesla falls on Model 3 delays
Facebook soars despite Russia scandal
Zuckerberg: protecting community is more important than profits
House Republicans to release tax bill today
Alibaba pops on earnings and guidance
Blue Apron pops on revenue growth
October sales growth buoys L Brands shares
Hanesbrand offered weak guidance for both Q4 and the full year.
USPS launches cheap Sunday delivery
The housing market isn’t experiencing a ‘Trump bump’: Trulia
Disney’s big demands for theaters showing ‘The Last Jedi’
TWITTER POLL:
Would Sunday deliveries from the US Postal Service change your holiday shopping habits?
-Anything to avoid stores
-Depends on the price
-I don’t trust the USPS
-I shop online regardless
