Morning Brief: Amazon reportedly bursting HQ2 between dual cities

Tuesday, Nov 6, 2018

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What to watch today

Tuesday is Election Day in America. All day, Americans will conduct to a polls to expel their opinion in a midterm elections. Data from Nate Silver’s 538 on Monday gave Democrats an 87.5% chance of holding control of a House with Republicans being given a similar 83.2% chance of maintaining control of a Senate.

And while polls in a U.S. will not start shutting until good after a marketplace closes, futures markets could be active overnight Tuesday depending on a outcome, with Democrats holding control of both houses of Congress or Republicans maintaining control of both houses a outcomes that would expected emanate a many marketplace volatility. But story suggests that in a months ahead, bonds are expected to be distant aloft than they are today.

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Top news

Amazon to separate HQ2 between dual cities, WSJ reportsAmazon (AMZN) is pronounced to be bursting a second domicile between dual cities rather than selecting one location, the Wall Street Journal reported Monday, citing an unnamed chairman informed with a matter. [Yahoo Finance]

Lowe’s shutting 51 stores shows a new CEO has schooled one profitable lesson: New Lowe’s LOW) CEO Marvin Ellison looks to have schooled one profitable doctrine to being a tip chairman during a sell association in 2018. That is investors wish to see closures of underperforming earthy stores in a age of digital selling on Amazon, and will prerogative we with a aloft batch cost flattering fast for pulling a trigger. Lowe’s pronounced Monday it will shiver 51 lagging stores, including 20 in a U.S. and 31 in Canada. [Yahoo Finance]

No some-more frame clubs on Under Armour’s dime: Under Armour Inc. (UA) employees perceived an email progressing this year that upended a longstanding association practice: They could no longer assign visits to frame clubs on their corporate cards. [The Wall Street Journal]

How a midterms will impact your money: There are 3 probable outcomes in a upcoming midterm elections: Republicans keep control of both houses of Congress, Democrats take control of one chamber, or Democrats win large and seize control of both a House of Representatives and a Senate. Here’s a opinion for 6 pocketbook issues – including infrastructure spending, health care, drug prices, and taxation cuts – and a argumentative review of special warn Robert Mueller. [Yahoo Finance]

Apple’s Asia suppliers tumble on iPhone XR reportApple Inc.’s (AAPL) Asian retailer and assembler bonds fell on Tuesday on a media news that a iPhone builder had told a smartphone assemblers to hindrance skeleton for additional prolongation lines dedicated to a new iPhone XR. [Reuters]

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The Morning Brief provides a discerning outline on what to watch in a markets, tip news stories, and a best of Yahoo Finance Originals.


 

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