Weekly jobless claims disappoint, markets continue rally
Stocks look to hit new record highs at the open as investors have a lot to digest. U.S. jobless claims missed expectations, as the GOP prepares to push a new budget plan through the House today. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer, Dan Roberts and president of Chapin Hill Advisors Kathy Boyle discuss the big stories of the day.
Today’s topics:
Employment growth fell in September: ADP
Why GOP budget passage is key to tax cuts
Is it too late to buy stocks?
SeaWorld soars on potential deal with Merlin: rpts
Alcohol distributor Constellation up on higher beer sales
Marcato expects Ugg-maker stock to more than double by 2020
Amazon tests its own delivery service
UPS / FedEx lower on Amazon’s announcement of a new delivery service
Adidas will open a ‘Speedfactory’ near Atlanta
Equifax hack leads White House to explore ID beyond SSN
TWITTER POLL:
What would you like to see replace #SocialSecurity numbers?
– National driver’s license
– Passport
– Retinal scan/fingerprint
– Don’t replace them