My top 10 things to watch Thursday, Nov. 2 1. Josh Frost is a hero of money. The Treasury Department's assistant secretary for financial markets released a report on Wednesday that outlines the government's plan to manage the U.S.'s growing debt load. That includes selling more shorter-term notes instead of the long-term ones that are killing us. A cloud over the bond market has been lifted. 2.
Stock futures are up following the Federal Reserve's decision on Wednesday to keep the federal funds rate unchanged, as expected. Bond yields declined, with the benchmark 10-year Treasury shedding 8 basis points to 4.71%. signals a bottom in handsets. "We are seeing early signs of stabilization in demand" for global 3G, 4G, and 5G.
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Jim Cramer explains why retail stocks are suffering with savings chartCertain stocks have been immune from the downturn, but the benchmark retail ETF is down nearly 20% over the past eight months.
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