In today's "What to Watch on Wall Street" segment for Monday, Sept. 8, we keep an eye on Chinese e-commerce giant, Alibaba Group (BABA) as it kicks off a global roadshow in New York ahead of its initial public offering. On the earnings front, Campbell Soup Company (CPB) reports before the opening bell and Fuel Cell Energy (FCEL) after market close. Other things to watch include the TD Ameritrade investor movement index and consumer credit numbers, both due out on Monday afternoon. For the latest financial news and updates from Wall Street, check back here on TheStreet.com throughout the day.
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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.