Alibaba(, Tech30), El Pollo Loco ( ), GoPro ( , Tech30), Fitbit ( ), Etsy ( ) and Shake Shack ( ) are just a few Wall Street newcomers that have plunged from their highs. Some of these stocks have even become “busted” IPOs — meaning they’ve fallen below their initial offering price.
JWN Nordstrom Inc
Where did the market close on Friday?
DJIA 17245.24 -202.83 1.16%
- Nasdaq 4927.88 -77.20 1.54%
- S&P 500 2023.04 -22.93 1.12%
- Gold 1083.40 +2.40 0.22%
- Crude Oil 40.73 -1.02 2.44%
- CBOE Volatility 20.08 +1.71 9.31%
What to watch for in the markets:
This Week in the Markets: Watch Retail and Energy Stocks: An excess of oil supply and a dearth of shopping-inclined consumers: those appear to be the major concerns of the markets, as we head into this coming week.
Santa Clause rally?
“We feel pretty strongly that the Fed is going to go in December,” Steve Chiavarone, associate portfolio manager at Federated Investors, told TheStreet. “There’s likely going to be some volatility around on the actual day of the announcement, but we think ultimately it’s going to help this market rally expand and we think it will be viewed, as it should be, positively.”
What economic numbers come out today?
No key numbers out today
What are today’s headlines?
New York Times
Term Of The Day
MORE FUN BIZ
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Buzzing off for today.
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