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BC-APFN-Money & Markets Digest

September 18, 2018

Money & Markets modules for Wednesday, Sept. 19

TODAY

The Commerce Department issues its August tally of newly begun residential construction projects. Software maker Red Hat and office furniture seller Herman Miller report quarterly results.

SPOTLIGHT

Shares in Cheerios maker General Mills suffered their worst drop since March after it said profit fell in the first quarter.

CENTERPIECE

Can Apple keep the doctor away?

Apple is trying to expand the market for its smartwatch by positioning it as a health device, with the ability to detect irregular heartbeats or even falls.

STORY STOCKS

Oracle (ORCL)

FedEx (FDX)

Ferrari (RACE)

Halliburton (HAL)

Nexeo Solutions (NXEO)

General Mills (GIS)

United Pacific (UNP)

Mastercard (MA)

FUND FOCUS

Gateway (GATEX)

This fund tracks the S&P 500 and uses an options strategy to reduce volatility. Reasonable fees and a veteran team earn it a “Silver” rating from Morningstar.

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