STOCKS DIP: Here's what you need to know
Stocks dipped slightly on an otherwise quiet Monday.
qq
First up, the scoreboard:
1. European Central Bank President Mario Draghi fires back at the Trump team. Testifying before the
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2. The ruble hit a 19-month high after a hawkish statement by the Russian central bank. The petrocurrency was up by about 0.5% at 58.6917 per dollar around 7:42 a.m. ET, but retraced most of its gains over the course of the day.
3. Tiffany & Co. slid after reports that its CEO is resigning. Shares were down by about 2.5%.
6. Apple picked up steam amid predictions of an upcoming iPhone upgrade cycle. Shares were up by 1%. "
ADDITIONALLY:
Trump wants to renegotiate NAFTA — here's what you need to know.
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The Fed already has a problem with its 2017 forecast.
One of the largest middlemen in the pharma industry just shed a little light on the murky world of drug pricing.
Trump's border tax plan has one problem.
One country almost perfectly fits the description of a "currency manipulator" — and Trump hasn't called it out yet.
Goldman Sachs has some good news for Trump about the Mexican peso.
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Trump could approve a giant merger that's scaring American farmers.
What Neil Gorsuch's Supreme Court nod could mean for the business world.
Saving the euro from itself is a work in progress for the ECB's Draghi.
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