Stock Markets Ease Lower; Fitbit, Tortoise Speed Toward Completing Deals
Investors are bracing for Tuesday night's debate between President Donald Trump and former Vice President Joe Biden, with the potential for market volatility that could result from political events as the campaign approaches its final month. The S&P 500 (SNPINDEX: ^GSPC) lost 14 points to 3,337, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gave up 17 points to 11,101. Not every announced deal gets completed, but fitness-device specialist Fitbit (NYSE: FIT) got some good news in its efforts to join forces with Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google that spurred shareholder interest.
