AP NEWS
Related topics

BC-Money & Markets Digest

July 31, 2018

Money & Markets modules for Wednesday, Aug. 1

TODAY

The Federal Reserve wraps up a two-day meeting of its rate-setting committee; Tesla and Fitbit report their second-quarter earnings.

SPOTLIGHT

Shares of West Chester, Ohio steel maker AK Steel plunged after it said its second-quarter earnings were hurt by a fire at one plant and power outages at another.

CENTERPIECE

Security spending weighs on Facebook, Twitter

Facebook and Twitter faced shareholder wrath after the companies reported slower growth and increased spending to help combat harassment, fake news and fake accounts.

STORY STOCKS

KLA-Tencor (KLAC)

Ralph Lauren (RL)

Illumina (ILMN)

IPG Photonics (IPGP)

AK Steel (AKS)

Qualcomm (QCOM)

Chipotle Mexican Grill (CMG)

3M (MMM)

FUND FOCUS

BlackRock Emerging Markets (MDDCX)

Fund manager Gordon Fraser has had “a strong start” since taking over in March, 2017, but concern about his approach’s repeatability earn it a “Neutral” rating from Morningstar.

For questions about Money & Markets modules, please contact Greg Keller (212-621-7958). For technical support: contact Todd Balog (816-654-1096). After 6 p.m., contact the AP Business News desk (800-845-8450, ext. 1680) for content questions; 1-800-3AP-STOX for technical support and 212-621-1905 for graphics help. The Money &Markets digest can also be found at www.markets.ap.org.

AP RADIO
Update hourly