Stocks (^DJI, ^GSPC, ^IXIC) are mixed at the midday mark, with the utilities (XLU) sector the most in the green, while financials (XLF) are the most in the red. 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’s Myles Udland and Pras Subramanian.
Today’s Midday Movers topics:
JC Penney shares slide on disappointing same store sales
Money flowing from US to European markets
US and China sign trade deal
Index funds and the debate over passive vs active investing
Fyre Festival CEO can’t pay workers, but says they can ‘help out’