With little data or company earnings scheduled for today, stock
futures are falling slightly as markets await Janet Yellen's
The NFIB's Small Business Optimism Index unexpectedly dropped last
month to 91.6 from 93.9 in September. The government shutdown and
the botched launch of the Affordable Care Act's health-care
exchanges were cited as negative factors in the report.
Before the opening bell today, index futures retreated slightly.
(INDEXDJX:.DJI) futures were down 0.08% at 15,711 and contracts on
(INDEXSP:.INX) fell 0.17% to 1,764.60.
(INDEXNASDAQ:.IXIC) futures declined 0.016% to 3,349.00.
China just concluded its major reform meeting. The ruling party
vowed to give markets a more prominent role in the economy. After
three decades of fast export-oriented growth, China is likely to
further liberalize its economy to transition to its next stage of
The New York Times
) will host its annual DealBook conference today. Among the notable
) CEO Elon Musk.
T-Mobile US Inc
) dropped 2.6% today after it was announced that the mobile carrier
will make a new public share offering. The company plans to raise
nearly $2 billion from 66.15 million shares. It hopes to use the
cash to expand its 4G network by buying up spectrum.
), which owns the
Wall Street Journal
, saw revenue fall by 3% in the first quarter that it separated
Twenty-First Century Fox
). Earnings per share were $0.03, missing analysts' projections.
Last August's legal battle between
(OTCMKTS:SSNLF) will continue. The two are back in court to decide
how much Samsung needs to pay. The judge initially awarded Apple
just over $1 billion, but it wasn't clear how the court arrived at