This morning (Tuesday), stock market futures suggest an open 26 points below Monday's close as oil prices continue to fall on a rising dollar and the announcement that Saudi Arabia will slash oil prices to the U.S.
Today is also midterm election day, meaning American voters will decide how Democrats or Republicans will share power in Congress over the next two years.
Here's what else you should know in stock market news today.
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As widely expected, the Fed finally ended its massive bond-purchasing program.
Now the market will turn its focus to interest rates.
Will the Fed raise rates next year? If so, what effects will that have?
The Fed is ultimately reactive, exerting little, if any, control in the long run. Low rates are here only as long as the Fed can manage them.
At that point, it is time to look out.
Here's what will cause us nightmares - and what we can do to avert a crisis in our investments...
Alibaba Group Holding Ltd. (NYSE: BABA) stock closed Monday up 3.3% at $101.80, the final closing price before the firm's first earnings report as a public company comes out before Tuesday's bell. BABA reached an all-time high of $102.80 earlier Monday morning.
Alibaba officials will announce Q3 earnings before the bell on Tuesday, and analysts are predicting earnings per share (EPS) of $0.45.
Dow Jones Today: U.S. stock markets were mixed on Monday, although the Dow Jones and S&P 500 hit intraday records during today's session.
The market seems content to await the results of Tuesday's midterm elections and the upcoming October unemployment report on Friday.
by David Zeiler
With the midterm elections set for tomorrow (Tuesday) most political pundits are predicting that the Republicans will take enough seats in the Senate to regain a majority.
But what will that mean for the stock market today? Has Wall Street already factored in a GOP victory?
by Jim Bach
An already aggressive Bank of Japan stimulus plan was expanded Friday.
While this won't help address the real issues underlying Japan's deflationary spiral, it will give investors an opportunity to profit.
Here's what to do with the BOJ's announcement...
There are 12 upcoming IPOs this week, and the biggest company to watch is Antero Midstream Partners LP (NYSE: AM).
Antero Midstream is a limited partnership that owns, operates, and develops midstream assets that service its parent company, Antero Resources Corp. (NYSE: AR).
AM stock is hitting the market at the perfect time. The MLP market is hot, and its revenue is soaring (more on that below). It's also the best bet for investors playing the IPO market this week.
Here's a closer look at the Antero Midstream deal and the rest of this week's 11 new IPOs...
by Diane Alter
Stocks to watch the week of Nov. 3, 2014: Of the nearly 350 components in the S&P 500 Index that have reported Q3 earnings, better than three out of four (76%) have topped estimates.
This week brings numbers from some 150 S&P 500 Index members.
Following are a few key stocks to watch as they report earnings this week.
Good morning! Stock market futures suggest an open below Friday's close after disappointing economic data emerged from the Eurozone and China. On Friday's session, both the Dow Jones and the S&P 500 hit record highs.
Today, watch for earnings from Herbalife Ltd. (NYSE: HLF) after the closing bell. The health company has been the center of a long public battle between activist investors Bill Ackman and Carl Icahn over its marketing model. In addition, keep an eye on the election polls.
Here's what else you should know - including Money Morning's "Tip of the Day" - this Monday morning:
Part of our investment "thesis" with Alibaba Group is that the e-commerce giant has designs on markets besides China.
And we got a solid sign of that early last week.
Last Monday, at the Wall Street Journal's 2014 Global Technology Conference, Alibaba Chairman Jack Ma said he hoped his payments company, Alipay.com, could link up with Apple and its new mobile-payment system, Apple Pay.
"I'm very interested in that," Ma told journalists during an interview at the event. "A good marriage needs both sides working hard. I respect Apple and I respect [Apple CEO] Tim [Cook] very, very much – from the heart. I hope we can do something together."
Just a few minutes later, Cook – who was in the audience and interviewed up on stage right after Ma – said he would like to see Apple collaborate with Alipay.
This was more than just an exchange of pleasantries between two top tech CEOs.
It tells us that a deal will likely get done. And it would be an important deal for both companies.
