The markets moved higher "post-debate" today as investors traded on the news that came out of the two potential Presidential candidates last night in the first debate. The Dow 30 saw a gain of 127, the S&P 500 added 13, and the Nasdaq 100 popped 48. Going into tomorrow the focus will turn back to the Fed as Janet Yellen is due to testify before congress.
Twitter (NASDAQ: TWTR) continues to be on an upward march (1.50%) as takeover talk for the social media firm continues to dominate the headlines. On Monday, Bloomberg reported that Walt Disney (NYSE: DIS) was working with a financial adviser to evaluate a possible bid for Twitter. Disney is not the only company that has been reported to be on the bidders list: Salesforce (NYSE: CRM), Alphabet (NASDAQ: GOOGL) and Microsoft (NASDAQ: MSFT) have also reportedly showed interest. While there is nothing official yet, it seems that Twitter is headed more and more towards a sale.
SeaWord (NASDAQ: SEAS) was back in the headlines today as the company said it will spend $175 million on new projects next year, including major new rides at three of its theme parks, a virtual reality experience in Orlando and a new orca presentation in San Diego. Shares of the attraction company enjoyed a nice 3.16% rally off the news today, but still struggle to regain the losses suffered during the whale controversy.
Deutsche Bank's (NYSE: DB) shares moved to a new low pre-market, but were able to recover and finish slightly positive (0.55%) by the sessions end. Investors remain concerned that the German lender may need to raise more capital to pay a $14 billion fine in its legal battle with the US Justice Department over its dealings of toxic mortgage securities before the financial crisis.
Nike (NYSE: NKE) popped 1.76% today in anticipation of its first quarter earnings results which will come out after the close today. Analysts are looking for the shoe, and apparel company to earn $0.56 a share on revenue of about $8.9 billion.