【will vinegar kill mulberry trees】Morning Brief: Congressional leaders attend White House border briefing

morning brief

Wednesday,will vinegar kill mulberry trees January 2, 2019

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET.

Subscribe

WHAT TO WATCH

In 2018, the S&P 500 (

^GSPC

) sank 6.24%, while the Dow (

^DJI

) tumbled 5.63%, and the Nasdaq (

^IXIC

) dropped 3.88%. How will the market kick things off in 2019?

Dow futures were down 350 points

in pre-market trading, suggesting the sell-off isn't over.

At 9:45 a.m. ET, we’ll get the Markit U.S. manufacturing PMI. Economists are looking for a reading of 53.9, which would signal growth. This comes as many of the regional manufacturing surveys have been taking a

sharp turn for the worse

.

Read more

TOP NEWS

A jogger runs past a reflection of Capitol Hill as a partial U.S. government shutdown continues in Washington, U.S., December 30, 2018. REUTERS/Jim Young

Hill leaders to attend White House briefing on border

: Democratic and Republican congressional leaders are expected to attend a briefing on border security at the White House as the government remains partially shut down and President Donald Trump asks in a tweet, "Let's make a deal?" [Associated Press]

China slowdown, trade disputes weigh on Asia factory activity

: Factory activity weakened across Asia in December as the Sino-U.S. trade war and a slowdown in Chinese demand hit production in most economies. A series of purchasing managers' indexes for December released mostly showed declines or slowdowns in manufacturing factory activity across the region. Reuters]

Manufacturers stockpiling parts at near record pace

: UK manufacturers are frantically stockpiling parts ahead of March’s Brexit deadline to ensure production is not disrupted by Britain’s exit from the European Union. [Yahoo Finance UK]

Drugmakers raise prices on hundreds of medicines

: Pharmaceutical companies are ringing in the new year by raising the price of hundreds of drugs, with Allergan PLC (

AGN

) setting the pace with increases of nearly 10% on more than two dozen products, according to a new analysis. [The Wall Street Journal]

Netflix reportedly pulls comedy show episode in Saudi Arabia

: Netfilx pulled an episode of the comedy show "Patriot Act with Hasan Minhaj" from its Internet streaming service in Saudi Arabia after kingdom officials complained, multiple media outlets reported Tuesday. [Reuters]

The hottest jobs going into 2019

: PayScale recently released a report of its “hottest jobs” of 2018, and technology dominated the list of fastest-growing occupations. Design and communication positions also cracked the top 10. [Yahoo Finance]

MORE FROM YAHOO FINANCE

Leveraged loans aren't as attractive as they used to be

Warren turns up rhetoric against Wall Street in 2020 bid

Why a Chinese entrepreneur flew 17 hours to party with Trump on NYE

Story continues

AI still lacks a crucial element

How your TV or broadband bill might creep up in the new year

View comments