Breakfast briefing: Wednesday, October 11 (Update)


Samsung is on track for record profits and is widely expected to pass Intel Corp as the world's top chipmaker by sales in 2017 on the back of a memory market boom. — Reuters

MarketWatch: The Dow Jones Industrial Average hit a record high on Tuesday, helped by a surge in Wal-Mart Stores, while Amazon and Facebook lost ground and investors focused on upcoming quarterly reports. The DJIA rose 0.31% to 22,830.68 points, a record-high close, the S&P 500 gained 0.23% to 2,550.64 and the Nasdaq added 0.11% to 6,587.25. - Reuters

 

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