MarketWatch – May 17, 2017

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Here’s a look at the markets for May 17, 2017….

The Nikkei dropped 105 points today in trading in Tokyo.
The Dow closed down 2 Tuesday.
The Nasdaq finished up 20.

When it comes to money, Generation Y may be more inclined to pay up.  According to a new bankrate.com study, millennials think they should cover their own housing bills  at age 22, car costs at 20 ½ and cell phone charges at 18 ½.  That’s on average a year and a half younger than their baby boomer parents expect them to.

Amazon is now worth a whopping $466 billion – that’s twice as much as Walmart.  If you were lucky enough to invest $1,000 in Amazon 20 years ago, your money is now worth $638,000.  That’s enough cash to renew an Amazon Prime membership for the next 6,444 years.

The U.S. Postal Service is placing a bet on sports.  They’re releasing stamps that look and feel like eight popular sports balls.  The “have a ball!” forever stamps will include baseballs, footballs and soccer balls. Each will have a special coating to mimic the feel the ball would have in your hands.  

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