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AMERICAN STOCK EXCHANGE ON SEPT. 8TH, 2015

Tuesday, September 08, 2015


Compiled by
Matthew J. Belvedere and Peter Schacknow

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IN THE NEWS TODAY
Supported by a rally in Europe, Dow futures surged 300 points, pointing to a strong open on Wall Street after the long holiday weekend. But the Dow,S&P 500, and Nasdaq were in correction territory ahead of Tuesday's trading. (CNBC)
To celebrate the 20th anniversary of "Squawk Box" this fall, we've booked some of the world's smartest people to give investors an exclusive look into the future, starting this morning with investing legends Leon Cooperman and Mario Gabelli until 9 a.m. ET.
Stocks in Japan and China diverged today, with the Nikkei 225 losing 2.4 percent, while the Shanghai composite lurched higher in the final minutes following approval of nearly $11 billion of railway projects. (CNBC)
Adding to concerns about the Chinese economy, that country's dollar-denominated exports declined by 5.5 percent year-on-year in August, while imports slid 13.8 percent-producing a trade surplus of $60.2 billion. (CNBC)
U.S. ride-hailing service Uber plans to enter 100 more Chinese cities over the next year, doubling a previous goal set just three months ago. Meanwhile, the company's China unit has raised $1.2 billion during ongoing fundraising. (Reuters)
When Apple (AAPL) introduces the new iPhone 6s and 6s Plus tomorrow, expect it to steal a page from the infomercial playbook on pricing, with carriers phasing out subsidies, which may lead to sticker shock. (Re/code)
Amazon (AMZN) plans to release a $50 tablet in time for the holiday season, with a 6-inch screen tablet and a mono speaker, priced at half the cost of its cheapest Fire device. (WSJ)
Verizon (VZ) plans to announce this week the start of a free, ad-supported mobile streaming service, aimed at millennials but available to all users, regardless of whether or not they're Verizon customers. (NY Times)
MasterCard (MA) starts testing a program today to allow cardholders to verify their online purchases with a selfie. The credit card giant is also testing fingerprint and voice recognition for verification. (USA Today)
Congress returns from summer recess today-facing an end-of-Septemberdeadline to fund the federal government. Also on the agenda is the Iran nuclear deal and Planned Parenthood. (USA Today)
Kicking off a push to rally support as Bernie Sanders maintains momentum and Joe Biden contemplates a run, Democratic presidential candidate Hillary Clinton today plans to unveil a campaign finance proposal. (Politico)

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