The Dow tumbles over 100 points, poised for an 8-day losing streak … Plus, a huge ruling whacks online retailers today. But are the moves overdone? And, Intel loses its CEO — is the iconic chipmaker in deep trouble? Plus the week in Trumponomics and more intrigue at Tesla. Catch The Final Round at 3:55 ET p.m. with Jen Rogers and Yahoo Finance markets correspondent Myles Udland.
Winners and losers
Stocks in the red include Fiat Chrysler as Germany’s Daimler warns on profits weighed on automakers; Commercial Metals as the steel and metal manufacturer misses on adjusted third-quarter earnings; and American Outdoor Brands, with shares slipping as the Smith & Wesson gun maker reported plunging quarterly sales, and blamed “social activists” for the decline.
Stocks in the green include Darden Restaurants as the owner of Olive Garden and LongHorn Steakhouse beat on earnings and revenue and hiked its dividend to boot; Micron Technology as chipmaker beat on earnings and issued upbeat guidance; and Kroger, with shares rising as the grocery giant posted fiscal Q1 sales of $37.5 billion, up over 3% from a year earlier, and raised the low end of its guidance for the fiscal year.