Stocks slipping here as the Fed signals concern ahead. Plus, can things get any worse for Uber? Yes, they can. We have the latest. And Moody’s Analytics Chief Economist Mark Zandi tells us why now is the worst time for tax cuts. Plus, retailers have had enough. Why they’re breaking up with Black Friday. Catch The Final Round at 3:55 p.m. with Jen Rogers and Yahoo Finance markets correspondent Myles Udland.
Winners and losers
Let’s take a look at some of today’s winners and losers. Stocks in the red today include HP Enterprise as it announced CEO Meg Whitman would be stepping down in February, Salesforce as the cloud-based CRM software company’s current quarter guidance missed estimates, and Guess — shares of the clothing retailer tumbling as revenue missed and comp sales including eCommerce fell 10%
Stocks in the green include Gamestop as the company beat on earnings powered by Nintendo’s Switch console, TiVo as the DVR maker won a set-top box patent case against Comcast, and Deere – shares of the global growth name jumping after an earnings beat and better-than-expected 2018 guidance, which reassured some investors.
Retailers pulling back from Thanksgiving shopping
Making a list, checking it twice? Don’t expect to get all those gifts knocked out over the Thanksgiving holiday. Retail trend expert Charcy Evers is here with the details on why.