Advertisement
Canada markets close in 6 hours 15 minutes

  • S&P/TSX

    21,803.86
    +95.42 (+0.44%)
     

  • S&P 500

    5,014.28
    +3.16 (+0.06%)
     

  • DOW

    37,923.92
    +148.54 (+0.39%)
     

  • CAD/USD

    0.7275
    +0.0012 (+0.16%)
     

  • CRUDE OIL

    82.89
    +0.16 (+0.19%)
     

  • Bitcoin CAD

    89,092.49
    +3,535.93 (+4.13%)
     

  • CMC Crypto 200

    1,328.87
    +16.24 (+1.24%)
     

  • GOLD FUTURES

    2,399.10
    +1.10 (+0.05%)
     

  • RUSSELL 2000

    1,942.96
    -4.99 (-0.26%)
     

  • 10-Yr Bond

    4.5980
    -0.0490 (-1.05%)
     

  • NASDAQ

    15,560.02
    -41.48 (-0.27%)
     

  • VOLATILITY

    18.65
    +0.65 (+3.61%)
     

  • FTSE

    7,834.29
    -42.76 (-0.54%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • CAD/EUR

    0.6814
    -0.0007 (-0.10%)
     
MARKETS LIVE BLOG:

STOCKS OPEN MIXED AFTER ISRAEL STRIKE-FUELLED TUMBLE

Shares of Netflix, the first of the megacap techs to report, slide in early trading

Twitter lays off 8% of workforce and JPMorgan says no to free phones

Yahoo Finance

U.S. stocks (^DJI, ^GSPC, ^IXIC) are creeping into positive territory today after opening lower. Chinese economic data had been weighing on Wall Street before stocks reversed course, albeit only slightly.

Get the Latest Market Data and News with the Yahoo Finance App

Here are some of the other stories Yahoo Finance is keeping an eye on today.

Layoffs at Twitter
Jack Dorsey and company are laying off eight percent of Twitter's (TWTR) workforce - about 336 people. Most of the eliminated jobs will come from the product and engineering teams. In a letter to his employees Dorsey wrote in part, "We feel strongly that engineering will move much faster with a smaller and nimbler team, while remaining the biggest percentage of our workforce...And the rest of the organization will be streamlined in parallel."

ADVERTISEMENT

Democrat debate preview
Five presidential hopefuls - Hillary Clinton, Bernie Sanders, Martin O'Malley, Lincoln Chafee and Jim Webb -  will take the stage in Las Vegas tonight to discuss a range of issues in the first debate of the Democratic Primary cycle. Sure to be among the topics are the Trans-Pacific Partnership, the Keystone XL Pipeline, student loan debt and, of course, Hillary Clinton's e-mails.

High-Frequency Trading: Is it a problem?
One thing many of the Democrats agree on is that HFTs are a problem. But is it? Hillary Clinton, Bernie Sanders and Martin O’Malley have all called for a tax on traders who use high-speed computers and data lines. However, mutual funds, like TIAA-Creff, who are supposedly most impacted by high frequency trading, say that regulators should focus less on the stock market and more on other problems like the cost of trading bonds.

JP Morgan to some workers: No free phones
In its latest round of cost cuts, JPMorgan (JPM) is looking to save millions of dollars by eliminating its support for Blackberry devices. The Wall Street Journal reports that starting next year the bank will require some employees to pay for their own devices.