Stocks tread water after BlackRock earnings miss
Stocks (^DJI, ^GSPC, ^IXIC) are flat at the midday mark, with the consumer discretionary sector (XLY) the most in the green, while industrials (XLI) are the most in the red. Keith Bliss of Cuttone & Co. joins us live from the floor of the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance Editor-in-Chief Andy Serwer and Yahoo Finance’s Melody Hahm.
Today, on Midday Movers we discuss:
Food union to file antitrust complaint against Amazon
Amazon takes bite out of Blue Apron
Earnings outlook for financials and tech
Why China stocks sold off after strong GDP beat
The battle to make chip credit cards less aggravating
Auto defaults surge to post-crisis highs
Hawaii bill bans looking at phones when crossing streets