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Your first trade for Friday, November 15

Your first trade for Friday, November 15

The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Twitter. Carter Worth was a seller of Apple. Tim Seymour was a buyer of Nike. Steve Grasso was a buyer of McDonald’s. Disclosure Trader disclosure: Pete is long calls ALLY, APA, BABA, BBY, BP, BSX, CCJ, CENX, EEM, […]

Singles Day sales hit record high as Chinese buyers rack up credit card bills

Singles Day sales hit record high as Chinese buyers rack up credit card bills

A significant portion of sales during this year’s Singles Day shopping event in China came from spending on credit, according to estimates from analysts. While it’s common to use a credit card to shop in the U.S., China has been known for its high savings rate and preference for paying only with funds at hand. […]

Farfetch, NVIDIA, Applied Materials and more

Farfetch, NVIDIA, Applied Materials and more

Online fashion house Farfetch’s CEO Jose Neves and members of the company’s leadership team ring the opening bell to celebrate their IPO at the New York Stock Exchange in New York, September 21, 2018. Brendan McDermid | Reuters Check out the companies making headlines after the bell: Farfetch shares surged 20% during extended trading after […]

Cisco falls, Walmart hits record

Cisco falls, Walmart hits record

Dow Jones Industrial Average falls 1 point The Dow dipped 1.63 points, or 0.01% to close at 27,781.96. The S&P 500 climbed 0.08% to 3,096.64. The Nasdaq Composite closed 0.04% lower at 8,479.02. Stocks hovered around record levels but lingering trade worries kept sentiment in check. Trade snag tempers market enthusiasm Wall Street’s enthusiasm has been […]

Retail sales data should show a spending rebound, with a little help from Amazon’s Prime Day

Retail sales data should show a spending rebound, with a little help from Amazon’s Prime Day

Pedestrians carry Bloomingdale’s shopping bags while walking in New York. Craig Warga | Bloomberg | Getty Images Consumers are likely to have increased their spending in October, after a surprising pullback in September. The government’s October retail sales report, due at 8:30 a.m. ET Friday, is one of the most important data releases of the […]

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