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Sears surges on Kenmore Amazon deal, Abercrombie launches on BABA's Tmall, Nike gets upgraded.
The rally on Wall Street is showing no signs of slowing down. Stock futures are signaling gains at the open with all three major indexes eyeing fresh records, one day after the S&P 500’s info-tech sector set a new record, breaking a mark set right before the tech bubble burst in 2000. Yahoo Finance’s Alexis Christoforous, Andy Serwer and Myles Udland discuss the day’s top business stories, including President Trump’s efforts to breathe new life into a GOP health care bill and a report that US credit card companies including American Express (AXP) are preparing requests to do business in China. ...
Abercrombie (ANF) aims to expand its business in China by opening a store in Alibaba Group Holding Limited's (BABA) Tmall.