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BC-APFN-Money & Markets Digest

December 26, 2018

Money & Markets modules for Thursday, Dec. 27

TODAY

The Commerce Department issues its November tally of new home sales. The Conference Board delivers its latest index of consumer confidence. The Labor Department reports its weekly snapshot of applications for unemployment aid.

SPOTLIGHT

Retailers staged a post-Christmas rally on Wednesday, as signs pointed to a solid holiday shopping season for the big retailers like Amazon, Macy’s and Walmart.

CENTERPIECE

Too soon

Mainstream scientists say it’s premature to make gene-edited babies — and stock analysts say it’s too early for most investors to bet on companies trying to develop the technology used to make them.

STORY STOCKS

Kohl’s (KSS)

Conagra Brands (CAG)

Perrigo (PRGO)

Marathon Oil (MRO)

Mastercard (MA)

Facebook (FB)

Roku (ROKU)

Amazon.com (AMZN)

FUND FOCUS

Franklin Income (FKINX)

This fund benefits from a veteran manager, very low fees and a “steady process,” Morningstar says. This “solid” fund does come with some volatility, though.

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