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Morning Outlook

Stocks Take a Breather on Growth Worries

By Morning OutlookFOXBusiness

Investors got a reality check yesterday as the Dow lost 102 points and the Nasdaq and S&P 500 each gave up about 6.

Stock futures are pointing to some more selling early Thursday.

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As the World Bank predicted weaker global growth, Lufthansa warned of weak demand for air travel. Investors also grappled with a shocking primary defeat for House majority leader Eric Cantor.

Toyota (NYSE:TM) is calling back more than 760,000 vehicles in the U.S. because shrapnel can blast out of the passenger airbag. Toyota thought it fixed the problem last spring but discovered its airbag supplier Takata may have provided an incomplete list of potentially defective units.

Now the government is investigating more than a million cars from other automakers, too.

Meanwhile, there's no need to search for the power outlet at Starbucks (NASDAQ:SBUX). The coffee chain and Duracell are rolling out Powermat wireless charging stations in San Francisco now and to other cities next year.

The charging stations will be on the surfaces of tables and counters.

And finally, JetBlue (NASDAQ:JBLU) will offer premium seats on its New York to Los Angeles flights starting Monday. For $600 one way you can sit in a flat-bed seat in a cabin with doors.

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