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What you need to know on Wall Street today
Hello. Here's what you need to know on Wall Street today.
Trump started a building-materials company, Titan Atlas Manufacturing, with two business partners in 2010. By 2012, the company ceased operations after tax liens were filed for unpaid sales and withholding taxes.
Wow.
on Clinton as "part of Russia and its government's support for Mr. Trump."
TheS&P 500dropped as much as 0.6% on the news after trading little-changed for most of the morning. The Dow Jones industrial average slipped 0.2%. The CBOE Volatility Index, or VIX, which has sat dormant near record lows for much of the year, spiked more than 9%.
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In economics news, Martin Luther King Jr. had an economic dream — and it changed the Federal Reserve forever. The Fed’s plan to shrink its $4.5 trillion balance sheet leaves open two crucial issues. And central bankers are facing an unprecedented and potentially "disruptive" challenge, according to JPMorgan chief Jamie Dimon.
In other news, there's a new way to bet on the companies that bet on sports. The nastiest feud in the airline industry continues as Delta's rivals go on the attack. And Tesla is banking on 350 vans to help tackle one of its biggest problems before its Model 3 hits the road.
Lastly, here are the best bars near Wall Street.
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