Stocks edging lower as US dollar climbs
Stocks (^DJI, ^GSPC, ^IXIC) are lower at the midday mark, with the real estate (XLRE) sector leading the way down, while the tech (XLF) and energy (XLV) sectors are still in the green. To discuss the big stories of the day, Alexis Christoforous is joined by Yahoo Finance’s Myles Udland and Seana Smith.
Today’s Midday Movers topics:
Quarterly earnings expected to grow +13.5%
Oil in investors’ crosshairs again after hitting 6-month low
Jack Bogle envisions ‘chaos, catastrophe’ in markets if everyone indexed
Warren Buffett defends airline sector investments
Facebook to unveil TV-like shows next month: report
Surprise! Mark Zuckerberg wants have dinner at your house