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Here are 3 top stock ideas from Jefferies going into its big consumer conference

Timothy Fadek | Bloomberg | Getty Images Customers play skee ball at a Dave & Buster’s Entertainment location in Pelham, New York. Jefferies shared its top current stock picks going into its global consumer conference next week. The bank will have 74 companies at the event, which is scheduled to …

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Trump lashes out at Hillary Clinton after reports of obstruction probe

Mark Ralston | Reuters Republican presidential nominee Donald Trump listens as Democratic presidential nominee Hillary Clinton speaks during their third and final 2016 presidential campaign debate at UNLV in Las Vegas, October 19, 2016. Playing defense after the latest twist in the Russia investigation, President Donald Trump turned back the …

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NY DFS subpoenas Fiat Chrysler, Santander for ‘defeat devices’ info

Alessia Pierdomenico | Bloomberg | Getty Images Sergio Marchionne, chief executive officer of Fiat Chrysler New York’s top financial regulator has sent subpoenas to Fiat Chrysler, seeking information on whether vehicles sold in the state were equipped with devices that defeated emissions testing, a source told CNBC. The New York …

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Senate jabs Trump in unanimous vote on NATO

Tom Williams | CQ Roll Call | Getty Images Sens. Lindsey Graham, R-S.C., right, and Dan Sullivan, R-Alaska, talk during a Senate Armed Services Committee in Dirksen Building on the Defense Authorization Request for Fiscal Year 2018 and the Future Years Defense Program on June 13, 2017. The Republican-led Senate …

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Drug stocks drop on report Trump will issue executive order on pricing

Drug stocks fell suddenly on Thursday on the back of a report that President Donald Trump was ready to issue an executive order aimed at lowering drug prices. The iShares Nasdaq Biotechnology ETF (IBB) hit session lows and traded 1.1 percent lower after Bloomberg reported, citing people familiar with the …

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Trump criticizes Iran support for Syria’s Assad but ignores Russia’s

Getty Images Members of the female division of the People’s Protection Units (YPG), carry the body of comrade Roj Adiyaman, one of eight soldiers that were buried in the martyrs’ cemetery on November 8, 2015 in Derek, Rojava, Syria. The U.S., Russia and Iran are all involved in the Syrian …

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Why bond ETFs surged despite Fed rate hike

Who would have thought that on the day the Federal Reserve hiked its benchmark federal funds rate for the third time in six months, interest rates across the curve would plunge? But that’s exactly what happened on Wednesday, confounding many analysts who predicted higher long-term rates. The Fed made its …

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Fiat Chrysler recalling 297,000 vehicles for air bag deployments

Jeff Kowalsky | Bloomberg | Getty Images Dodge Grand Caravan vehicles move down the production line at Chrysler’s assembly plant in Windsor, Ontario, Canada, Jan. 18, 2011. Fiat Chrysler is recalling 297,000 older minivans in North America because of a wiring problem that can lead to inadvertent air bag deployments, …

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Spotify loss widens ahead of potential stock market listing

Andrew Burton | Getty Images Daniel Ek, CEO and Founder of Spotify Swedish music streaming company Spotify’s operating loss widened in 2016 but revenue rose significantly, the company said in its annual financial statement, ahead of a possible stock market listing before the end of next year. Spotify, which has …

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This chart shows that the S&P 500 may be close to a major top

The S&P 500 has enjoyed a sizable rally this year, but one chart-minded trader sees a clear-cut top in store. The market has realized a new level of support at 2,400 and a longer-term top is ahead at the 2,500 market, according to TradingAnalysis.com founder Todd Gordon. Specifically, a channel …

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