rocky
thecedricman via YouTube
YHOOOct 22 01:27PM
15.79
Change
-0.05
% Change
-0.32%
CATOct 22 01:27PM
84.04
Change
+0.18
% Change
+0.21%
All eyes are on the final presidential debate and Yahoo earnings.
First the scoreboard:
Dow: 13,345, +2.38, +0.02 percent
S&P 500: 1,433, +0.62, +0.04 percent
NASDAQ: 3,016, +11.34, +0.38 percent
And now the top stories:
  • Caterpillar beat expectations when it reported Q3 earnings of $2.54 share, but missed on revenue of $16.45 billion. It also cut its full-year forecast and now expects profits in the range of $9.00 - $9.25 per share, on revenue of $66 billion. Caterpillar: 

  • Shares of Monster Beverage were down over 13 percent today. The sell-off was sparked by an FDA release that said it had received reports that five deaths had been associated with the Monster Energy Drink. The report did however clarify that no link had been established between the two. 

  • Stocks were down most of the day, but made a huge turn around in the final minutes of trading.

  • Yahoo is reporting third quarter results after the bell. Economists polled by Bloomberg are looking for earnings of $0.25 per share, on revenue of $1.078 billion. This will be CEO Marissa Mayer's first earnings call at the company. 


  • Meanwhile, Eurasia Group's Damien Ma told Foreign Policy that there is "a remarkable deepening of mistrust over U.S. intentions" in China. President Obama's 'Pivot to Asia' policy is believed to have played a huge role in worsening Sino-American relations