Advertisement
Canada markets closed
  • S&P/TSX

    22,167.03
    +59.95 (+0.27%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • DOW

    39,807.37
    +47.29 (+0.12%)
     
  • CAD/USD

    0.7386
    -0.0000 (-0.00%)
     
  • CRUDE OIL

    83.11
    -0.06 (-0.07%)
     
  • Bitcoin CAD

    95,063.39
    -288.05 (-0.30%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,254.80
    +16.40 (+0.73%)
     
  • RUSSELL 2000

    2,124.55
    +10.20 (+0.48%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • NASDAQ

    16,379.46
    -20.06 (-0.12%)
     
  • VOLATILITY

    13.01
    0.00 (0.00%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • NIKKEI 225

    40,369.44
    +201.37 (+0.50%)
     
  • CAD/EUR

    0.6837
    -0.0006 (-0.09%)
     

Where the deals are this Cyber Monday

Stocks (^DJI, ^GSPC, ^IXIC) are slightly under pressure at the midday mark. The utilities sector (XLU) is still in the green, while health care (XLV) is leading the way down. Keith Bliss of Cuttone & Co. joins us live from the New York Stock Exchange.

To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance editor-in-chief Andy Serwer and Yahoo Finance’s Melody Hahm.

The big winners on Cyber Monday

It’s Cyber Monday, the 12-year-old e-commerce holiday, which was created for those who don’t mind skipping those Black Friday lines. The shopping holiday has become so big that productivity measurably drops in the office place—but of course not here at Yahoo Finance. Amazon alone has 75,000 deals this week and expectations are for a whopping $3.3 billion in sales across all online stores.

What Fidel Castro’s death means for business, investors

Let’s turn now to Cuba and Friday’s news that Fidel Castro died at age 90. We’ll talk about what Castro’s death and Trump’s election mean for American businesses in a moment. But we’ll start with a very narrow slice of the story: the 10% pop in the price of a closed-end fund that invests in companies likely to benefit from economic development in the Caribbean, including Cuba, which also happens to be the stock ticker for the fund (CUBA).

Marijuana REIT hopes to go public this week

A marijuana REIT called Innovative Industrial Properties hopes to go public on the New York Stock Exchange this week after cutting the size of its planned IPO. The company plans to invest in properties owned by medical marijuana businesses. The NYSE approved the listing, although most pot-based businesses trade over the counter.