The Federal Reserve meets today and is widely expected to raise interest rates for the first time in almost 10 years. The Central Bank will also issue a statement along with its decision that may shed some light on when and under what conditions, the Fed would continue to raise benchmark rates. Toyota (TM) is expecting to sell more than 10 million vehicles in 2016, which is little changed from what it expects to sell this year. Sales at that level would keep Toyota as the world's top selling automaker. Auto sales in major markets, such as the United States and Japan, weren't expected to grow significantly, according to Toyota. Global Payment technology company Global Payments (GPN) agreed to buy Heartland Payment Systems (HPY) for $3.8 billion in cash and stock, a deal that expands Global Payments reach among midsize and small merchants.
More from Video
Amid the Selling, Here's the Big Question Now
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
One Tweet Pulls the Rug Out From Under the Indexes
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.
A Technical Look at the New Dow Jones Industrial Average
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.