Stocks tread water as investors wait for Fed minutes, watch oil prices and mull China's credit rating

Asian markets and Wall Street appear to be unfazed by Moody’s downgrade of China’s credit rating. Stock started the day slightly higher despite a couple of disappointing results from the retail sector and as investors await the latest minutes from the Federal Reserve. Yahoo Finance’s Alexis Christoforous, Dan Roberts, Dan Howley and Jared Blikre discuss the day’s top news, including Uber shelling out millions to shortchanged drivers in New York, Amazon’s (AMZN) new brick-and-mortar bookstore in New York and the Microsoft Surface Pro (MSFT).

 

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