A daily morning look at the financial stories you need to know to start the day.
STOCKS/ECONOMY
-Stock futures are sharply lower after Monday’s losses. Rising interest rate fears are spooking investors. We get more earnings reports today and economic data from the Case-Shiller home price index and consumer confidence report. The yield on the 10-year Treasury Bond is mostly flat and holding at the 2.70 percent level.
HEALTH CARE PARTNERSHIP
-Amazon, Berkshire Hathaway, and J.P. Morgan Chase are teaming up to create a landmark new non-profit health care company to serve their employees. Major health insurer companies shares are down on the news.
TRUMP TRADE
-Just a week after President Trump announced a 30 percent tariff on Chinese solar panels, a major Chinese solar manufacturer is announcing plans to get around the tariff by opening a plant in the U.S.
