Financial news, analysis, and todays investment ideas. Good morning. Its thursday, november 15th. Im angela miles. In todays first look traders will likely react to earnings today from walmart and target after getting clues into how the consumer is holding up. Yesterday the market took a plunge. The dow fell nearly 200 points. Stocks dropped on fears washington will be slow to break out a workable budget, the fed hinting at the need for more stimulus, and air strikes in the middle east. Reports say the federal Housing Administration is close to running out of money reserves as mortgage delinquencies rise. Gm set a goal of producing a half million electric cars per year starting in 2017. And starbucks plans to buy teavana for 620 million in cash. Lets get the breakdown now on Market Action with Phillip Streible of rjo futures. Good to have you on the show. Good morning to you. And how significant was yesterdays selloff . It was fairly significant. I mean, we saw just no bounce whatsoeve
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