AP NEWS
Related topics

BC-Money & Markets Digest

May 6, 2019

Money & Markets modules for Tuesday, May 7

TODAY

The Federal Reserve delivers its March snapshot of U.S. consumer borrowing trends. The Labor Department issues its latest monthly survey of job openings. Video game publisher Electronic Arts reports quarterly results.

SPOTLIGHT

Wynn Resorts, which is especially reliant on China, sank following President Trump’s threats to raise tariffs on that country.

CENTERPIECE

Amazon’s third-party boon

Amazon CEO Jeff Bezos used his annual letter to shareholders this year to share some news: 58% of the items bought on Amazon last year were sold by so-called third-party sellers. It’s the first time those numbers have been shared.

STORY STOCKS

Anadarko Petroleum (APC)

Sysco (SYY)

Affiliated Managers (AMG)

Boeing (BA)

Edison International (EIX)

Bausch Health Companies (BHC)

PetMed Express (PETS)

Sinclair Broadcast Group (SBGI)

FUND FOCUS

Columbia Small Cap Value II (COVAX)

This fund recently reopened to new investors after being closed since May 2008. It’s got a “seasoned team” and a “disciplined approach,” Morningstar says.

For questions about Money & Markets modules, please contact Seth Sutel (212-621-1618). For technical support: contact Todd Balog (816-654-1096). After 6 p.m., contact the AP Business News desk (800-845-8450, ext. 1680) for content questions; 1-800-3AP-STOX for technical support and 212-621-1905 for graphics help. The Money &Markets digest can also be found at www.markets.ap.org.

All contents © copyright 2019 The Associated Press.All rights reserved.