Trump takes tough stance on trade and China
The Dow, Nasdaq, and S&P 500 will all continue being in the red this morning. The markets were rattled by the Senate’s new tax bill. This all comes as President Trump takes a tough stance on trade in Vietnam. Yahoo Finance’s Alexis Christoforous, Rick Newman, Jared Blikre, Justine Underhill and Seana Smith discuss the big stories of the day.
Today’s topics:
Trump attacks countries on trade
Senate unveils tax plan, differs from House plan
Senate tax plan rattles stocks
China to open up financial sector to foreign companies
Nvidia earnings exceed Wall Street expectations
Disney misses estimates, announces new Star Wars trilogy
Nordstrom falls on Q3 sales miss, beats on EPS and revenue
J.C. Penney soars on better-than-expected same-store sales
Alibaba preps for Single’s Day promos despite shopper fatigue
Hertz beats estimates on profits
Alabama senator Roy Moore accused of pursuing underage girls
Ford partners with Ekso to test bionic exoskeletons for workers
American Eagle revamps the traditional shopping experience
TWITTER POLL:
What do you think of the exoskeletal suit @Ford is testing?
– Assembly line revolution
– Iron Man like potential
– Beginning of Skynet