U.S. markets were unable to extend Wednesday's gains. Stocks stumbled in today's session on speculation that Fed rate hikes could come sooner than expected. Keep an eye out for Nike (NKE), the leading supplier of jerseys for the World Cup is expected to post fourth-quarter earnings after the bell. GoPro (GPRO) makes an impressive debut at the Nasdaq (NDAQ). A big win for NYSE (ICE), Chinese Internet giant, Alibaba says it will list its American shares on the exchange. Richard Repetto follows the exchanges for Sandler O'Neill and says "no one listing is going to make or break either exchange." TheStreet's Susannah Lee has the details from Wall Street
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How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.