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BC-Money & Markets Digest

January 17, 2019

Money & Markets modules for Friday, Jan. 18

TODAY

The Federal Reserve issues its monthly snapshot of U.S. industrial production. Oilfield services company Schlumberger reports its fourth-quarter results. The University of Michigan serves up its latest U.S. consumer sentiment index.

SPOTLIGHT

CSX Corp. shares slumped after the railroad delivered fourth-quarter profit lower than last year.

CENTERPIECE

Inflation swings on gas prices

Inflation has been trending lower, largely because the cost of gas has tumbled 2.1 percent over the past year, according to the Bureau of Labor Statistics.

STORY STOCKS

Morgan Stanley (MS)

CSX (CSX)

Signet Jewelers (SIG)

Cars.com (CARS)

Fastenal (FAST)

M&T Bank (MTB)

PPG Industries (PPG)

Western Digital (WDC)

FUND FOCUS

Vanguard US Value (VUVLX)

Low costs and a “reasonable stock-picking approach” give this fund a “long-term edge,” justifying its “Silver” rating, Morningstar says.

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