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BC-Money & Markets Digest

November 8, 2018

Money & Markets modules for Friday, Nov. 9

TODAY

The Commerce Department issues its monthly tally of U.S. wholesale inventories. The Labor Department reports its latest index of inflation at the producer level. Pittsburgh’s GNC Holdings serves up its third-quarter results.

SPOTLIGHT

Shares in D.R. Horton slumped Thursday after the homebuilder reported weak quarterly results and said rising prices and mortgage rates are dampening demand for homes.

CENTERPIECE

Boeing stressed to the Max

Boeing’s stock is again proving resilient to shocks, even the first fatal crash involving its newest airliner, the Max.

STORY STOCKS

Qualcomm (QCOM)

D.R. Horton (DHI)

Monster Beverage (MNST)

TripAdvisor (TRIP)

Perrigo (PRGO)

Arris International (ARRS)

McKesson (MCK)

Wynn Resorts (WYNN)

FUND FOCUS

Hartford Balanced Income (HBLIX)

This fund looks for stocks with yields at least 25 percent above the S&P 500. Its bond sleeve has 80 percent investment-grade corporate debt.

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