Stocks slide into the red as Powell testifies on Capitol Hill

Tue, Feb 27, 2018, 11:05 AM

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Stocks (^DJI, ^GSPC, ^IXIC) are slightly in the red. The energy (XLE) sector is most in the green, and the real estate (XLRE) sector is most in the red. Yahoo Finance’s Jared Blikre joins us live from the floor of the New York Stock Exchange to talk markets. To discuss the other big stories of the day, Yahoo Finance’s Seana Smith is joined by Dion Rabouin, Rick Newman and David Pogue. Seana also talks with Shark Tank star and The Corcoran Group Founder Barbara Corcoran about inflated home prices.

DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’
The SEC charges the company’s auditing firm BF Borgers CPA and its owner Benjamin Borgers with ‘massive fraud.’
Barrons.com
The US could give homeowners a $980 billion stimulus at no additional cost, 'Oracle of Wall Street' says
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Business Insider
Suze Orman Calls The 4% Retirement Rule 'Very Dangerous' In Today's Challenging Economic Climate
Many Americans wonder how much money to withdraw from their retirement savings each year, and financial expert Suze Orman believes that the 4% retirement rule is no longer the answer. Orman, known for her blunt and hard-hitting financial advice, discussed why so many Americans are living paycheck to paycheck and her opinion on retirement savings during an interview with SecureSave Co-Founder Devin Miller for Moneywise Don't Miss: The average American couple has saved this much money for retireme
Benzinga
Intel CEO Pat Gelsinger Picks Up Stock Near 2024 Low
Intel stock continued a 2024 slump in late April after the chip maker provided disappointing guidance. With the shares trading at their lows for this year, CEO Pat Gelsinger bought up Intel stock on the open market. According to forms he filed with the Securities and Exchange Commission, Gelsinger purchased the stock through a family trust that now owns 39,400 shares.
Barrons.com
Trump Media stock tumbles as the SEC charges its auditor with 'massive fraud'
Trump Media's auditor was a "sham" and committed "massive fraud" for over two years, regulators said.
Business Insider
4 Dividend Kings Poised for Growth, According to Analysts
Dividend Kings are an elite group of companies that have consistently increased their dividends for at least 50 consecutive years. These companies have demonstrated a remarkable ability to generate steady cash flows and reward shareholders with ...
Benzinga
A 64-year-old 'peak boomer' worries his savings and Social Security won't be enough to retire: 'My biggest fear is finding myself at 75 standing at the door at Walmart.'
David Kirsch, 64, is hoping to live comfortably in retirement — but he isn't sure his savings and Social Security will cover his living expenses.
Business Insider
Trump Media auditor shut down and charged with ‘massive fraud’
The audit firm used by Donald Trump’s social media company has been shut down by US regulators after being accused of running a “sham audit mill”.
The Telegraph
Is This Stock-Split Stock Going to $3,600? 1 Wall Street Analyst Thinks So.
The company has been very clever about harnessing technology to help improve performance.
Motley Fool
AUD/USD Weekly Price Forecast – Australian Dollar Rallies After Jobs Report
The Australian dollar has rallied at the end of the week after the jobs report came out of America smaller than anticipated. That being said, it looks like resistance is still holding true, so I’m not sure what has changed.
FX Empire

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Stocks slide into the red as Powell testifies on Capitol Hill

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