Stocks slide on anniversary of 1987 crash
Stocks are set for a slide this morning, just a day after closing above the 23,000 milestone for the first time ever. This all comes on the 30th anniversary of the 1987 crash. Yahoo Finance’s Alexis Christoforous, Myles Udland, Seana Smith, Dan Roberts and Ethan Wolff-Mann discuss the big stories of the day.
Today’s topics:
Stocks set to slide at open a day after Dow closes above 23,000
Apple shares fall on iPhone 8 demand worries
Senate gets ready to vote on crucial budget measure
30th anniversary of ’87 crash: Then and now
Fed Chair Yellen to meet with Trump today
Verizon higher after top and bottom lines beat
Amex down on CEO departure despite positive earnings
Nike falls after Goldman Sachs downgrade
Blue Apron lays off 6% of workforce
Gilead up on FDA approval of lymphoma drug
Vanguard investors to vote on companies associated with genocide
Walmart is close to partnering with Lord & Taylor
Cities go crazy in bid for Amazon’s second HQ
TWITTER POLL:
Which one of these offers might lure Amazon to build its new headquarters in a city/town?
-21 foot tall cactus
-Rename land Amazon
-Giant Prime boxes in town