First indictments carried out in Russia investigation

The markets look to start the week off on a down note. However, it’s Washington that has investors’ attention today. The first indictments from Special Counsel Robert Mueller was carried out this morning. Yahoo Finance’s Alexis Christoforous, Myles Udland, Melody Hahm and Jared Blikre discuss the big stories of the day.

Today’s topics:

  • Paul Manafort, Rick Gates indicted in Russia investigation
  • Macy’s and JCPenney downgraded
  • Facebook, Twitter and Google head to Capitol Hill Tuesday: What to expect
  • Lennar buys CalAtlantic in $9.3B deal
  • GM sinks on Goldman downgrade, predicts negative earnings
  • UA falls on BAML downgrade, Steph Curry shoe’s late release
  • Apple: iPhone X orders are ‘off the charts,’ production problems remain
  • Nintendo doubles profit outlook on soaring Switch sales
  • Puerto Rico to cancel Whitefish power contract
  • Kevin Spacey comes out as gay amid harassment allegations
  • Corona distributor strikes deal to develop weed-infused drinks

TWITTER POLL:
Which story would you like to see on our Midday Movers show?
-Millennials love Gucci
-Steph Curry’s MIA sneaker
-$200 Sam Adams beer
-Saudi Arabia loosens rules