Cereals America no longer loves
Consumption of ready-to-eat cereals began to decline in the early 1990s as prices of name-brand cereals rose along with the popularity of convenient breakfast foods such as bagels and toaster pastries. These trends continue.
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[BRIEFING.COM] S&P futures vs fair value: -1.90. Nasdaq futures vs fair value: -1.00. The S&P 500 futures hover just below fair value amid quiet pre-market action. Futures began the trading week in the red following disappointing trade data from China, but have since erased the bulk of their losses.
Generally speaking, pre-market action has been very subdued with no notable data or earnings of note on the schedule. McDonald's (MCD 95.50, 0.00) served up a reminder ... More
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