
Jim Chesko reporting...
Stocks finished with broad and sharp losses today.
Triggers included a surprising revenue warning from Apple, which cited slowing iphone demand, especially in China.
The Dow Jones Industrials plunged 660 points, while the tech-heavy Nasdaq slid 202, or 3%.
Oil prices managed a modest gain. February crude rose 55 cents, or 1.2%, to settle at $47.09 a barrel.
This may sound strange, but the National Football League today announced a partnership with Caesars Entertainment. The multiyear deal gives the NFL its first official casino sponsor, however the multiyear deal does not include sports betting or fantasy football.
Caesars will draw on its various entertainment platforms to provide NFL fans with “unique experiences” including events related to the 2020 draft in Las Vegas.
Seven NFL teams, including the Saints, already have relationships with Caesars Entertainment.