Stocks Dip: Here's what you need to know

pulse

February 6, 2017 10:45 PM

Stocks dipped slightly on an otherwise quiet Monday.

All three major indices finished in the red.

First up, the scoreboard:

1. European Central Bank President Mario Draghi fires back at the Trump team. Testifying before the

2. The ruble hit a 19-month high after a hawkish statement by the Russian central bank. The petrocurrency was up by about 0.5% at 58.6917 per dollar around 7:42 a.m. ET, but retraced most of its gains over the course of the day.

3. Tiffany & Co. slid after reports that its CEO is resigning. Shares were down by about 2.5%.

6. Apple picked up steam amid predictions of an upcoming iPhone upgrade cycle. Shares were up by 1%. "

ADDITIONALLY:

Trump wants to renegotiate NAFTA — here's what you need to know.

The Fed already has a problem with its 2017 forecast.

One of the largest middlemen in the pharma industry just shed a little light on the murky world of drug pricing.

Trump's border tax plan has one problem.

One country almost perfectly fits the description of a "currency manipulator" — and Trump hasn't called it out yet.

Goldman Sachs has some good news for Trump about the Mexican peso.

Trump could approve a giant merger that's scaring American farmers.

What Neil Gorsuch's Supreme Court nod could mean for the business world.

Saving the euro from itself is a work in progress for the ECB's Draghi.

pulse

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng