Earnings season kicks into high gear
The indices are looking to keep the rally alive as the Dow inches toward 23,000. Meanwhile, traders go through a number of earnings, as Goldman Sachs blows by analysts’ estimates. Yahoo Finance’s Alexis Christoforous, Andy Serwer, Justine Underhill, Sheryl Palmer of Taylor Morrison, and Stephane Kasriel of Upwork discuss the big stories of the day.
Today’s topics:
Goldman Sachs shares jump on beat
Morgan Stanley tops estimates as wealth management business boosts profit
Netflix shares aim for new high after subscriber growth tops estimates
Dow eyes 23K milestone
Trump to meet with Yellen on Thursday to discuss Fed job: RPTS
At least 41 people have been killed in California wildfires
JNJ posts beat on strong pharma sales and Actelion buy
United Health up on Optum services growth
Impax Laboratories to merge with Amneal Pharmaceuticals
Boeing lower on Airbus/Bombardier team-up news
Asian IPOs are debuting on U.S. exchanges in highest level since 2010
China’s Communist Party prepares for meeting held once every five years
NJ is offering Amazon $7B in incentives to build HQ in Newark
NBCUniversal and SNAP team up for scripted content push
Number of freelance workers in US hits record high
TWITTER POLL:
What do you make of China’s rare and elusive meeting?
– Major concern
– Something to follow
– No big deal