After the Fed released minutes of its last meeting, the bond market signaled it fears the Fed will not be aggressive enough with its rate cutting.Market Insiderread more
The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.The Fedread more
Japanese manufacturing activity shrank for a fourth straight month in August as export orders fell at a sharper pace.Asia Marketsread more
Analysts generally doubt how effective the People Bank of China's latest interest rate announcement will be in significantly helping businesses grow.China Economyread more
The Washington governor had centered his campaign around climate change, calling it "the most urgent challenge of our time."Politicsread more
The inversion is seen by many veteran traders as an important recession omen, though the timing on the eventual downturn is less predictable.Bondsread more
Here's what Nordstrom reported for its fiscal second-quarter earnings.Retailread more
The sexy image that once boosted Victoria's Secret has been haunting L Brands more recently, as women are steering clear of the brand's hot pink, lacy and bejeweled lingerie.Retailread more
Ford is one of four automakers that reached a voluntary agreement with California on fuel efficiency rules, defying Trump and his administration's effort to strip the state of...Autosread more
See which stocks are posting big moves after the bell.Market Insiderread more
"I'd love to say that the optimistic universe is most likely to prevail, but the talking heads talk endlessly about how a recession is inevitable," CNBC's Jim Cramer says.Mad Money with Jim Cramerread more
U.S. stock futures were sharply lower this morning after the Dow, S&P 500, and Nasdaq on Wednesday had their biggest one-day percentage gains since March 2009. All three are still down more than 10 percent for the month. (CNBC)
* FAANG kicks its losing streak in post-Christmas rally (CNBC)
* Japanese stocks soar, but China dragged lower (CNBC)
* Pretty much everybody on Wall Street thinks the market will rally in 2019 (CNBC)
Oil prices fell this morning, slipping toward 18-month lows, as worries over a glut in crude supply and concerns over a faltering global economy pressured prices even as a stock market surge offered support. (Reuters)
The Labor Department will issue its weekly report on initial jobless claims at 8:30 a.m. ET. The Conference Board will be out with its December Consumer Confidence Index at 10 a.m. ET. New home sales for November will not be out today due to the government shutdown. (CNBC)
There are no earnings reports of note out today, either this morning or after today's closing bell. (CNBC)
Reuters reported President Donald Trump is considering an executive order in the new year to declare a national emergency that would bar U.S. companies from using telecommunications equipment made by China's Huawei and ZTE.
Trump and first lady Melania Trump yesterday made an unannounced visit to Iraq to meet with political and military personnel. This is the first time Trump has visited U.S. troops in a war zone since becoming president. (CNBC)
The U.S. and China made plans for face-to-face consultations over trade in January, according to the Chinese commerce ministry, as the world's two biggest economies advanced efforts to resolve a months-long trade war. (Reuters)
* US tariffs will hit China harder next year, analysts say (CNBC)
Democrat John Delaney leaves Congress in a few days, but not in defeat like so many of his colleagues. The wealthy former financial executive is leaving to ramp up his 2020 campaign for president. (CNBC)
The U.S. Department of Homeland Security will now bolster medical screenings of children at the border after a boy from Guatemala died in United States custody. He was moved at least four times over six days. (NY Times)
Using a system by the Roman Catholic Church, other organizations are using bankruptcy as a way to handle the legal and financial fallout of sexual-abuse claims, the Wall Street Journal reported.
Gap (GPS) is getting ready to move out of its massive store on Fifth Avenue in New York, as the apparel retailer recently said it's considering shuttering hundreds of locations "aggressively" to focus on higher-performing shops. (CNBC)
JD.com (JD) is launching an extensive revamp of its operations, according to the Wall Street Journal. The paper said the Chinese internet company is planning to split into three business departments, citing an internal document.
Apple (AAPL) supplier Foxconn may start making higher-end iPhones in a plant in India in 2019, according to a Reuters report. It would be the first time Foxconn has made iPhones in India.
J.P. Morgan Chase (JPM) will pay $135 million to settle claims that it improperly handled transactions involving foreign company shares. The alleged mishandling of ADRs occurred between 2011 and early 2015, according to the Securities and Exchange Commission.
Visa (V) will pay $250.6 million to buy British payments firm Earthport, which specializes in international transactions for banks and businesses.
Verizon (VZ) and Walt Disney (DIS) are headed toward a contract expiration deadline on December 31 which could result in the disappearance of Disney-owned channels for Verizon FiOS customers.
General Dynamics (GD), Huntington Ingalls (HI), and Oceaneering International (OII) were awarded Navy contracts for submarine modernization and maintenance.
Plantronics (PLT) will pay $36 million to settle foreign bribery allegations involving its Polycom unit. The alleged violations occurred prior to the acquisition of Polycom by the communications products maker earlier this year, and before a transaction that took Polycom private two years ago.
If the U.S. box office's record-breaking 2018 is any indication, superhero movie fatigue doesn't exist. So far, Hollywood hauled in more than $11.38 billion domestically, as more people went out to theaters to view this year's blockbusters. (CNBC)