In This Article:
Brad Smith dives into some of the top stories of trading day on Yahoo Finance's Market Minute.
Brinker International (EAT) stock plunges despite reporting earnings that beat expectations. Chili's parent company issued a full-year earnings outlook that indicates a slowdown in the fourth quarter.
JetBlue (JBLU) withdraws its forecast, making it the latest airline to do so. American (AAL), Delta (DAL), and other have already pulled their guidance due to policy and economic uncertainty.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
We are two hours into the trading day and it's time for Yahoo Finance's Market Minute. The major averages are slightly higher as investors wait on progress on trade negotiations. President Trump set to sign an executive order this afternoon, softening the tariffs on autos. Shares of Brinker International sliding in midday trade, the parent company of Chili's, posting better-than-expected earnings and revenue for its fiscal third quarter, but the company's full-year EPS guidance suggests a slowdown in fourth quarter growth. And JetBlue becoming the latest airline to withdraw guidance. The company saying slowing demand will get worse as consumer confidence slides amid the trade war. JetBlue also saying that it's considering cutting more flying capacity and other cost-cutting measures. And that's your Yahoo Finance Market Minute. For more on what's trending on Yahoo Finance, you can scan the QR code below. We've got much more coming your way on Yahoo Finance.
