Experts believe a wider spat with Europe would be much more damaging than the current tit-for-tat with China.Traderead more
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
Markets pay particular attention to Italy's spending, given its public debt pile. This stands at above 130% of its growth rate, one of the highest in the world.Politicsread more
Flight bookings to Hong Kong have fallen 10%, hit by the unrest in the city, said Alan Joyce, the chief executive of Australian carrier Qantas Airways.Airlinesread 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
These in-demand skills can command top pay packets, says Feon Ang of professional networking site LinkedIn.Get Aheadread more
Japanese manufacturing activity shrank for a fourth straight month in August as export orders fell at a sharper pace.Asia Marketsread 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
Check out the companies making headlines midday Thursday:
Dunkin' Brands – Shares of the restaurant operator dropped nearly 3 percent after the company reported revenue that missed estimates. Bad news also came from its U.S. comparable sales, which were flat compared to a consensus Refinitiv estimate of a 1.6 percent gain. For quarterly earnings, Dunkin' Brands beat estimates by three cents.
Chipotle Mexican Grill – Chipotle stock surged a whooping 11 percent after the restaurant chain reported adjusted quarterly profit of $1.72 per share, beating the consensus estimate of $1.37. Chipotle benefited from increased customer traffic during the quarter and a spike in online orders.
Sonos – Shares of the audio company dropped almost 12 percent after the company announced that CFO Michael Giannetto plans to retire. While Giannetto will be around until Sonos finds a successor, his loss comes as the company's growth in Europe is slowing.
SunTrust – Shares of SunTrust jumped more than 8 percent following the announcement that BB&T is combining with the bank in a $66 billion merger of equals, the biggest bank deal since the financial crisis. The combined bank will become the sixth largest U.S. bank by assets, squeezing in between U.S. Bancorp and PNC.
Twitter – Twitter stock fell nearly 10 percent provided a weaker-than-expected forecast for 2019, with first quarter-revenue growing less than analysts estimated. Twitter also said it will change the way it reports active user data.
Cardinal Health — Shares of Cardinal Health rose more than 6 percent after the pharmaceutical distributor earned an adjusted $1.29 per share for its latest quarter, beating estimates by 20 cents. Revenue also beat estimates, and Cardinal Health also raised its full-year forecast.
Hanesbrands — The clothing company scored its best trading day in a decade on Thursday after its fourth quarter results topped Wall Street's expectations. Shares rallied more than 20 percent, bringing its year-to-date gains to more than 49 percent.
GrubHub — The food-delivery company fell 2 percent, hitting a new 52-week low and on track for its biggest loss in three years. The company reported lower-than-expected fourth-quarter results and forecasted full-year earnings below Wall Street consensus estimates.
Snap-On — Shares of the tool-maker slid more than 8 percent after the company posted weaker-than-expected fourth-quarter revenue. The company's CEO cited near-term headwinds "in a range of environments," but sees progress in emerging markets like India.
iRobot – iRobot shares are up more than 9 percent after reporting better-than-expected results for the fourth quarter. The advanced technology company's quarterly adjusted earnings came in at 88 cents per share, versus consensus estimates of 50 cents per share. iRobot also issued 2019 guidance that is stronger than expected.
Match Group — Match Group shares rose more than 5 percent after the dating service company beat its fourth-quarter earnings and revenue expectations. Tinder, one of the dating apps the company operates, added 233,000 net new paying members on a sequential basis during the quarter.