Stocks fall as the latest Trump scandal rattles Wall Street

Wall Street records are in the rear-view mirror for now.  Investors are cautious following the New York Times report that President Trump asked former FBI Director James Comey to end his investigation into former National Security Adviser Michael Flynn.

On the earnings front, Target (TGT) shares are on the rise after topping earnings estimates on the top and bottom lines. Plus, U.S. and European officials are set to meet today to discuss plans to expand the U.S. ban on in-flight laptops and tablets, and we’ll let you in on why the pharmacy industry could be Amazon’s (AMZN) next target.

Here are some of the other stories the Yahoo Finance team is covering for you today.

Under Armour scrambles to boost business

Under Armour (UA) may be the home of NBA star Steph Curry’s shoe line,  but unlike the Warriors, they aren’t exactly winning. The sports apparel company’s stock is down a whopping 30% in 2017. Can Under Armour turn it around?

The red hot housing market may be cooling off

The housing market received some disappointing news this week as permits to build new homes, an indicator of future activity, fell to a five-month low in April. So what does this mean for homebuyers and investors? Taylor Morrison Home (TMHC) CEO and President Sheryl Palmer weighs in.

 

 

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