Wall Street indexes opened lower after China’s third-quarter economic growth came in below economists’ forecasts. Here’s what we’re watching in Monday’s trading.
- Zillow Group shares slipped after the online real-estate company told Bloomberg that it won’t purchase homes for the rest of the year, saying that it was “beyond operational capacity.”
- Boston-based investment-management company State Street posted greater revenue and earnings year over year in the latest quarter as fee-based and interest income both grew.
- Albertsons raised its outlook for the full year on what it sees as a favorable consumer backdrop.
- Intercontinental Exchange shares ticked up after Silver Lake said it was acquiring ICE’s 9.85% stake in Euroclear Holding.
- Crude prices were climbing early Monday, boosting the share prices of producers Occidental Petroleum and Diamondback Energy .