WASHINGTON (MarketWatch) — Kara Stein, a commissioner on the Securities and Exchange Commission, called for greater transparency in the stock market, notably with more information on alternative trading systems and the development of a consolidated audit trail to track every order and trade made in the market. Stein noted that the so-called “dark” marketplace is becoming a larger force in the market, which may distort rather than enhance market price discovery. She also told an industry conference that she has seen “almost no progress” toward the development of a consolidated audit trail. “While transparency cannot do it all, it can go a long way towards restoring confidence and faith in the integrity of our marketplace,” she said.

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From:: Stock Market News

Billionaire investor Carl Icahn has signaled the end of the seven-year bull run for stock markets. “I think the joyride is over,” the activist investor said during an interview on CNBC Wednesday. “I don’t think we’re going to have another ’08 … but I think this market is in very dangerous territory,” Icahn said, referring to the 2008 financial crisis which rocked global markets. Icahn’s comments Wednesday echo the theme of the 79-year-old investor’s special video entitled “Danger Ahead,” which offered a similar dire warning about impending troubles for the market. Icahn has been ringing alarm bells about mounting problems in high-yield bonds and has accused the Federal Reserve of being too slow to normalize monetary policy.

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From:: Stock Market News

Wheat futures climbed Wednesday, poised to log their highest settlement in about 6 weeks as data from the U.S. Department of Agriculture showed a climb in wheat “disappearance” for the June to August period. Wheat disappearance, or utilization, was up 1% versus the same time a year ago, the USDA Grain Stocks report showed. “That’s not much, but demand is actually quite steady and growing based on the disappearance numbers,” said Sal Gilbertie, president and chief investment officer at Teucrium Trading LLC. “It could be that relatively low agricultural prices … continue to stimulate demand across the [grain] sector.” December wheat traded at $5.0875 a bushel, up 5 cents, or 1%, in Chicago. December corn was also up a penny at $3.90 a bushel and November soybeans rose 1 1/2 cent to $8.855 a bushel.

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From:: Stock Market News

Shares of Nvidia Corp. rose to their 52-week high on Wednesday following an announcement that Microsoft Corp. adopted the company’s graphics technology for its Azure cloud platform. Nvidia shares rose 3% to $24.40, extending gains for a second day. The stock is up 22% year to date on the back of a 21% climb in the third quarter, making it among the best S&P 500 stocks in the quarter.

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From:: Stock Market News

Shares of Gap Inc. slumped Wednesday to a 52-week low following news that Stefan Larsson, president of Gap’s Old Navy business, is moving to Ralph Lauren Corp. . Gap named Jill Stanton, executive vice president of global product at Old Navy, as interim president while the clothing company seeks a replacement. Larsson’s exit triggered several downgrades from analysts who viewed the development as a blow for the company. Gap shares sank 6.3% to $28.31, recovering from a low of $27.53 earlier. Shares of Ralph Lauren, meanwhile, surged 13% to $117.52.

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From:: Stock Market News

WASHINGTON (MarketWatch) — The Securities and Exchange Commission said Latour Trading will pay $8 million — $5 million in fines, and more than $3 million of disgorgement — to settle charges it sent millions of non-compliant orders to U.S. exchanges. According to the SEC’s order, from October 2010 through August 2014, Latour sent approximately 12.6 million orders for more than 4.6 billion shares that did not comply with the requirements of Regulation NMS, with violations including executing at a price worse than the best available price and at a bid above the national best offer. The SEC said the violations occurred because of a coding change. Latour did not admit or deny the findings. “Latour received executions and collected exchange rebates that it should not have and that other market participants might have received if not for Latour’s non-compliant orders,” said Robert Cohen, co-chief of the SEC Enforcement Division’s market abuse unit.

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From:: Stock Market News

The Dow Jones Industrial Average is set to suffer a third-straight quarterly loss, for the first time since the six-quarter losing streak that ended in the first quarter of 2009, with the end of the Great Recession. Before that, the last time the blue-chip barometer declined for at least three-straight quarters was the five-quarter stretch ending in the first quarter of 1978, according to FactSet. In the Dow’s 119-year history, the current streak would become just the 20th quarterly losing streak lasting at least three quarters. The longest quarterly losing streak is six quarters, seen first through the second quarter of 1970 and then matched through the first quarter of 2009. The Dow was up 209 points in morning trade Wednesday, but has lost 1,565 points, or 8.8%, during its current streak.

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From:: Stock Market News

By Kayla Kitts

As a budding chef (I watch a lot of Chopped and order Blue Apron), I thought my kitchen was perfect. Spacious countertops, all the necessary appliances and a refrigerator from this century. Score! Then I stepped into our newest seasonal home, HGTV Fall House. Everything I thought I wanted in a kitchen is now a thing of the past. My dream kitchen has evolved.

Super Sleek Kitchen

Our design team transformed the once-dated kitchen into a sleek and vibrant place to prep and serve food in style. The color scheme of cranberry red, blue-gray and brass is evocative of fall but is perfectly timeless for a cozy, bungalow kitchen.

For modern-day efficiency, the outdated appliances are replaced with Kenmore’s digital, stainless steel models that make cooking even easier. Picture this: You’re powering through those Thanksgiving sides like a boss. Simply put them in the warming drawer, sit back and wait for company to arrive. Done and done.

Considering the refrigerator is a kitchen staple, it should be not only aesthetically pleasing but efficient, too.

Cool + Quiet Laundry Room

Hard-working utility spaces shouldn’t be void of style, and the chic laundry closet at HGTV Fall House proves that.

Purchasing new appliances is the best use of money when updating your laundry room. Here, we opted for a large-capacity, high-efficiency top-load washer and matching dryer. These offer an updated modern, sleek look versus older top-load models and make laundry day more efficient because they can handle such large loads. Plus, they’re better for the environment and save you money on your power bill, too. I’ve officially added “new washer and dryer” to my wish list.

For laundry room decorating ideas and inspiration (including how-tos!), peek into our laundry room closet makeover.
For kitchen decorating ideas and inspiration, explore our kitchen makeover.

The Kenmore brand is an industry leader in delivering trusted performance in the home with smart and stylish appliance innovations that help consumers do things quicker, easier and better. Recognized as a top appliance brand for 100 years, the Kenmore Brand continues to give consumers more time, efficiency and better results for better living with industry-leading products across small and large appliance categories. Learn more at kenmore.com.

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From:: HGTV

Wednesday’s rally on Wall Street is a welcome respite from a brutal third quarter for stock investors. But today’s march higher isn’t nearly enough to erase quarterly carnage that has been fueled by questions about global growth. The Dow Jones Industrial Average would need to gain 1,570 points to just finish the quarter unchanged, while the S&P 500 would need to gain about 180 points to break even. The stock-market rout ranks as the worst quarterly decline in four years, according to FactSet data. All three main benchmarks are on track to post a third-quarter fall of more than 7%.

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From:: Stock Market News

Oil prices turned lower on Wednesday after the U.S. Energy Information Administration reported an increase of 4 million barrels in crude supplies for the week ended Sept. 25. That was the first increase in three weeks. Analysts polled by Platts expected supplies to be unchanged, while the American Petroleum Institute Tuesday said supplies jumped 4.6 million barrels, according to sources. Gasoline supplies rose 3.3 million barrels while distillate stockpiles fell 300,000 barrels last week, according to the EIA. November crude was at $44.84 a barrel, down 39 cents, or 0.9%, on the New York Mercantile Exchange. Prices traded at $45.48 before the report.

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From:: Stock Market News