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
Market focus is largely attuned to the Federal Reserve, with the U.S. central bank scheduled to publish its latest meeting minutes.Bondsread more
Federal Reserve members worried over future growth are highly concerned about the U.S.-China tariff battleThe Fedread more
President Trump and Apple CEO Tim Cook have had a rocky relationship in recent years, but Trump is now complimenting the executive publicly.Technologyread more
Here's what Nordstrom reported in their fiscal second-quarter earnings.Retailread more
Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
"Federal debt, which is already high by historical standards, is on an unsustainable course," CBO director Phillip Swagel said in the report.Politicsread more
The president's remark followed a string of criticisms aimed at his predecessors, whom he claimed had ignored China's alleged malpractice on trade.Politicsread more
President Trump liked Germany's sale of no-interest, 30-year bonds Wednesday, but investors weren't so eager to buy them.Market Insiderread more
SunTrust Robinson Humphrey analysts said in a research note the "Off-Facebook Activity" feature "appears to fall somewhat short of the original pledge by CEO Zuckerberg of...Technologyread more
"If you look at the market over the past week, stocks don't need any help. They are roaring ahead, without the Fed doing anything," says the longtime market strategist.Marketsread more
Check out the companies making headlines after the bell:
TD Ameritrade gained nearly 2% in after-hours trading before losing those gains and falling a fraction of 1%. The financial services company reported third-quarter results that beat estimates and announced its CEO Tim Hockey will leave the company in 2020. The company reported adjusted earnings per share of $1.04 on revenue of $1.49 billion. Analysts polled by Refinitiv had expected earnings per share of 97 cents on revenue of $1.47 billion.
Whirlpool rose 4.8% — then reversed those gains, falling more than 1% — following the release of the home appliance manufacturer's second-quarter earnings. The company reported adjusted earnings of $4.01 per share on revenue of $5.19 billion, topping analysts' expectations of earnings per share of $3.71 on revenue of $5.03 billion, according to Refinitiv. Whirlpool also raised its 2019 guidance and now expects ongoing diluted earnings per share of $14.75 to $15.50, versus the $14.81 estimated. The company also announced Monday morning it would be recalling tumble dryers in the United Kingdom due to safety concerns.
Cadence Design Systems fell 3.5% despite reporting second-quarter earnings that beat estimates. The design software and systems maker reported adjusted earnings per share of 57 cents on revenue of $580 million. Analysts had expected earnings per share of 53 cents on revenue of $580 million.
Intel and Apple ticked up 1.6% and 0.2%, respectively, after the Wall Street Journal reported that Apple is in advanced talks to acquire Intel's smartphone-modem chip business. The two companies discussed the acquisition in April, but stopped when Apple said it would buy Qualcomm's modem chips. The Journal said Monday the deal could be worth as much as $1 billion and could be reached as early as next week. Qualcomm fell 2.4% on the report.