The three major stock indices (^DJI, ^GSPC, ^IXIC) started the day higher but a jump in jobless claims and digestion of lackluster earnings have sent stocks into the red, though only slightly.
Here are some of the other stories Yahoo Finance is keeping an eye on today.
Chinese strength
Despite headlines extolling an economic slowdown and investors pulling money from Chinese stocks, markets in Hong Kong (^HSI) and Shanghai (000001.SS) are at highs not seen in several years. What’s behind the pop?
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Big drought, big money
A hot new business has cropped up in drought-plagued California — water trucks. Some residents whose wells have run dry are paying for tank trucks to deliver water to their homes.
Chevy Volt halts production
Goodbye, Chevy Volt…at least the current version. The troubled plug in hybrid won’t be produced anymore while GM (GM) clears inventory and gets ready to introduce a new model.
Fashionable wearables
As the tech world salivates over the upcoming Apple (AAPL) Watch, what does the fashion world think of the new “it” accessory? We ask Yahoo Styles Editor-in-Chief, Joe Zee.
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