The only thing scarier this Halloween is the election…Here is what's On Our Radar today, October 31, 2016:
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New twists reopened the FBI’s case into Hillary Clinton’s email server which has many Democrats scratching their heads and Republicans rallying behind Trump. FBI director James Comey’s decision to re-investigate Clinton has the presidential candidate demanding transparency and answers; especially with only 8 days until the election.
Let's Make a Deal
It is another blockbuster day for billion dollar deals. General Electric (NYSE:GE) has reached a deal to merge its oil-and-gas business with Baker Hughes (NYSE:BHI) to create a $32 billion energy powerhouse dubbed the ‘New Baker Hughes’. Also, CenturyLink (NYSE:CTL) said to Level 3 Communications (NYSE:LVLT) “let’s be friends” to the tune of $25 billion. October is the busiest month on record for tie-ups with over $300 billion in deals.
After the Bell wraps up what the market really thinks of the deals at 4pm ET.
Halloween means one thing candy (well, money too)! Consumers planning to dish out sweets are predicted to spend 5.5% more on Halloween candy compared to last year, bringing the anticipated total spend to $3.8 billion. A tasty boost for the U.S. economy.