Market Watch – August 8, 2017


Here’s a look at the markets for August 8, 2017…..

The Nikkei slipped 60 points today in Tokyo.
On Wall Street Monday, the Dow hit its ninth straight record close,  up 25 points
And the Nasdaq gained 32.

The number of Americans renouncing their U.S. citizenship is way up..  more than 3,000 ex-pats cut ties so far this year.
Observers say blame tax laws, not politics for the reason. The U.S. is one of just a few countries that tax citizens the same no matter where they’re living and new banking rules have made it harder to hide money overseas.

Electric car maker Tesla is looking for a Jolt.  The company says it expects to ramp up production of its new Model 3 sedan with the help of one and a half billion dollars from its first high-yield junk bond offering. This as rival Faraday Tuture announced new factory space in California hoping to roll out its flagship vehicle next year.

And T-Mobile is dialing up baby boomers. The company launching its 55-plus plan this week, giving people 55-and-over two cell phone lines with unlimited calling, texting, and data for $60.

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