wiar 10-11-18

Mary FanslauWhat I Am Reading

October 11 (Thursday)

Markets
Dow skids 500 points, Nasdaq 200; S&P risks longest losing streak in 2 years (MW)
More than half of the S&P 500 is already in a correction as sell-off worsens (C)
Traders See Bad Day as `Slightly Overdue,’ Not a Reason to Panic (B)
Amazon, Alphabet, Twitter tumble as Barclays warns of choppy earnings season ahead (MW)

Central banks & IMF
IMF Warns of Possible Emerging-Markets Crisis (W)
Fed’s Evans sees a pause after lifting rates to around 3 percent (R)
Cramer thinks the Federal Reserve is behind the sell-off: ‘I really miss Janet Yellen’ (C)

US
U.S. producer prices rebound, wholesale inventories rise (R)
Business Prices Firmed Up in September (W)
Rents Flat Year-Over-Year for First Time Since 2012 (Zillow)
The Decade-Long Growth in Rentership Is Reversing (Zillow)
Rising health-care costs are eating away at your wages and you may not even realize it (MW)

China
China’s Huawei Seeks to Chip Away at Silicon Valley’s AI Supremacy (W)

Geopolitics & trade
Chinese finance ministry official says ‘optimistic’ on trade war breakthrough (R)
FBI director on whether Apple and Amazon servers had Chinese spy chips: ‘Be careful what you read’ (C)

Industries & companies
Autos: Tesla Is Closing In on $145 Million Plot for China Factory (B)
Pot: Altria rises on report company buying stake in marijuana producer; Other pot stocks climb (C)

Corporate finance
Sears crashes to record low after report says a bankruptcy filing could come as soon as this week (BI)
BlackRock Makes Private-Equity Bet (W)

Technology
For Next Census, Cameras in Space Replace Workers (W)

Offbeat
Michael Makes Landfall as Strongest Mainland Storm in 14 Years (B)