November 9 (Thursday)

Latest Morning Briefing Executive Summary: Global Growth Fears Hit Industrials & Materials
Low hopes for the global economy have been weighing on the share price indexes of the S&P 500 Industrials and Materials sectors, especially this week. Today, Jackie examines some counterintuitive stock price action among select industries and companies within the two sectors. For example, automating factories should be a promising business these days, but investors have punished two players in this space, Emerson and Rockwell, for disappointing recent quarters. Conversely, the S&P 500 Steel industry’s share price index has been performing well despite analysts’ low earnings expectations, lifted by a legal win for continued US tariffs on steel imports and the end of the UAW strike.
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YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on November 6.

Markets
Falling Treasury yields could turn Fed hawkish if financial conditions ease | R

US
Average credit card balances top $6,000, a 10-year high | C
America’s Population Projected to Shrink by 2100, Census Figures Show | W
Nikki Haley Stands Out on Foreign Policy at the Republican Debate | W

Japan
The Land Where Inflation Is Good News | W
 
Geopolitics & trade
U.S. and China to Meet as Shifting Economic Fortunes Alter Relationship | W
Surge and Swarm: How China’s Ships Control the South China Sea | W

Industries & companies
Airlines: United Airlines tweaks frequent flyer program to reward spending | C
Autos: GM’s Cruise lays off contractors after suspending self-driving cars | C
Autos: The EV Era Needs a Lot of Really Big Trees | W
Media: ‘The Marvels’ headed for bad box office open | C
Media: SAG-AFTRA strike impact on Hollywood will linger | C
Tech: Nvidia plans to release three new chips for China – local media | R
 
Corporate finance
The IPO market has grown quiet again. Here’s what is behind the shift in sentiment | C

Artificial Intelligence
AI’s Power-Guzzling Habits Drive Search for Alternative Energy Sources | W

Beyond markets
Shell sues Greenpeace for $2.1 million after activists boarded oil vessel | R
The $2 Million Coal Mine That Might Hold a $37 Billion Treasure | W