Stocks were under pressure in midday trading Monday as the energy sector fell after slower Chinese growth in the third quarter threatened oil demand. Weight Watchers (WTW) was a bright spot after media mogul Oprah Winfrey took a 10% stake in the company. Winfrey will also join its board. Weight Watchers has suffered ten straight quarters of declining sales. Hasbro (HAS) declined despite a better-than-expected quarter tied to the rollout of its 'Star Wars' products. However, the toymaker saw no growth in revenue due to the stronger U.S. dollar. Excluding currency exchange, sales rose 6% driven by a 24% surge in its boys segment. Sentiment in the housing industry jumped to its best level since 2005, a period marking the end of the housing boom.
More from Video
Breaking down an approach to the long side of this biotech stock.
AMSC CEO discusses that and China challenges.
One of pharma's biggest CEO's talks M&A action on the exchange.
Citi overcame a mixed print to send its stock surging on Monday.