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Oct. 20, 2016, 9:40 a.m. EDT

Beware of betting against a favorite millennial pastime

Critical information ahead of the U.S. market’s open

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By Barbara Kollmeyer, MarketWatch

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Mattel /zigman2/quotes/209819189/composite MAT -0.04%  rose in late trade, helped by surging Barbie sales and a rebound for American Girl sales.

Dunkin’ /zigman2/quotes/200947441/composite DNKN +0.17% , Travelers /zigman2/quotes/206313935/composite TRV -1.61% , American Airlines /zigman2/quotes/209207041/composite AAL -3.32% , Walgreens /zigman2/quotes/203410933/composite WBA -1.85%  and Verizon will report ahead of the open.

Some big names after the close, including PayPal /zigman2/quotes/208054269/composite PYPL -3.29% , Microsoft /zigman2/quotes/207732364/composite MSFT -3.29% , Schlumberger /zigman2/quotes/201012972/composite SLB -4.15%  and Advanced Micro /zigman2/quotes/208144392/composite AMD -3.82% .

The buzz

Mexico’s regulators have asked banks to conduct stress tests that would assess how they could handle a potential election win by Trump.

Tesla /zigman2/quotes/203558040/composite TSLA -10.34%  CEO Elon Musk made that much-hyped “product announcement” Wednesday night that all new cars will have self-driving hardware. There’s one slight problem in that it won’t work right away.

The chart

Greasy restaurant chains aren’t hacking it with the health-obsessed millennials, but you would have to pry pizza from young people’s cold dead fingers.

That’s the gist of a new blog post from Daily Reckoning’s Greg Guenthner, who discusses the best way to “play the casual dining death spiral.” Chatter of a restaurant recession has been around for a while.

But not so fast with Domino’s Pizza /zigman2/quotes/201587798/composite DPZ -0.05% , says Guenthner. Earlier this week, Domino’s posted a 25% profit jump on strong sales and a whopping 316 more stores than the prior quarter.

He sums up: “Sure, we say we’re going to eat healthy. But when I can press a button on my phone and have a hot meal delivered to my door in 20 minutes, you can probably guess what’s going to happen next.” And the emoji-ordering capabilities? Millennial swoon.

Domino’s is up a tasty 48% so far this year, with Papa John’s /zigman2/quotes/207343722/composite PZZA -1.46%  right behind it. Here's its long history that shows a few ups and down:


FactSet/MarketWatch

The economy

Weekly jobless claims and the Philly Fed survey are coming at 8:30 a.m. Eastern Time, following by existing-home sales and leading indicators at 10 a.m. Eastern.

Check out: MarketWatch’s Economic Calendar

The quote


Reuters
Donald Trump is shown on TV monitors in the media filing room during the last presidential debate.

“He, by refusing to say he would accept the results of the election on November eighth, he may as well have lay down in his own coffin with a hammer and nail and pounded it in himself.” — Nicole Wallace, Republican strategist and political analyst at NBC News, who said that Trump’s comment that he won’t accept the results of the election was a “lights-out moment” for U.S. politics.

Speculation that Trump might contest a potential Clinton win was arguably the biggest moment in the debate, where “nasty woman”, “bad hombres” and Russia “puppet,” back-and-forth could all be heard. Check out the highlights here .

The stat

4 minutes — That’s how much time it takes for the U.S to launch a nuclear missile against its enemies, which Hillary Clinton mentioned during last night’s debate. Some were pretty alarmed at how she casually tossed that information out there.

Others pointed out on Twitter, that the info is available on the internet, and has been for a while. Here’s a diagram released by Bloomberg last month.

Random reads

Making the rounds, how Donald Trump reacted when President Obama won the last election.

Mom of highly sensitive autistic boy breaks down when he meets his service dog

Typhoon Haima is headed for China after hammering the Philippines

Pregnant women who have been to Miami-Dade need testing for Zika, says CDC

Smoking chimp is the star of this North Korean zoo .

I’m with this guy:

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/zigman2/quotes/209819189/composite
US : U.S.: Nasdaq
$ 11.29
-0.0050 -0.04%
Volume: 2.71M
Sept. 23, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$3.92 billion
Rev. per Employee
$167,069
loading...
/zigman2/quotes/200947441/composite
US : U.S.: Nasdaq
$ 77.32
+0.13 +0.17%
Volume: 1.52M
Sept. 23, 2020 4:00p
P/E Ratio
29.51
Dividend Yield
2.08%
Market Cap
$6.35 billion
Rev. per Employee
$1.19M
loading...
/zigman2/quotes/206313935/composite
US : U.S.: NYSE
$ 107.49
-1.76 -1.61%
Volume: 2.72M
Sept. 23, 2020 4:00p
P/E Ratio
15.34
Dividend Yield
3.16%
Market Cap
$27.66 billion
Rev. per Employee
$996,151
loading...
/zigman2/quotes/209207041/composite
US : U.S.: Nasdaq
$ 11.93
-0.41 -3.32%
Volume: 44.62M
Sept. 23, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$6.28 billion
Rev. per Employee
$345,547
loading...
/zigman2/quotes/203410933/composite
US : U.S.: Nasdaq
$ 35.06
-0.66 -1.85%
Volume: 8.42M
Sept. 23, 2020 4:00p
P/E Ratio
42.99
Dividend Yield
5.33%
Market Cap
$30.95 billion
Rev. per Employee
$380,198
loading...
/zigman2/quotes/208054269/composite
US : U.S.: Nasdaq
$ 181.61
-6.17 -3.29%
Volume: 6.68M
Sept. 23, 2020 4:00p
P/E Ratio
83.34
Dividend Yield
N/A
Market Cap
$220.32 billion
Rev. per Employee
$710,138
loading...
/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 200.59
-6.83 -3.29%
Volume: 30.42M
Sept. 23, 2020 4:00p
P/E Ratio
34.83
Dividend Yield
1.12%
Market Cap
$1569.68 billion
Rev. per Employee
$902,473
loading...
/zigman2/quotes/201012972/composite
US : U.S.: NYSE
$ 16.61
-0.72 -4.15%
Volume: 10.28M
Sept. 23, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
3.01%
Market Cap
$24.06 billion
Rev. per Employee
$328,150
loading...
/zigman2/quotes/208144392/composite
US : U.S.: Nasdaq
$ 74.73
-2.97 -3.82%
Volume: 41.88M
Sept. 23, 2020 4:00p
P/E Ratio
146.30
Dividend Yield
N/A
Market Cap
$91.22 billion
Rev. per Employee
$641,089
loading...
/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 380.36
-43.87 -10.34%
Volume: 91.67M
Sept. 23, 2020 4:00p
P/E Ratio
989.75
Dividend Yield
N/A
Market Cap
$395.30 billion
Rev. per Employee
$439,627
loading...
/zigman2/quotes/201587798/composite
US : U.S.: NYSE
$ 413.54
-0.21 -0.05%
Volume: 561,171
Sept. 23, 2020 4:00p
P/E Ratio
36.82
Dividend Yield
0.75%
Market Cap
$16.28 billion
Rev. per Employee
$236,749
loading...
/zigman2/quotes/207343722/composite
US : U.S.: Nasdaq
$ 85.82
-1.27 -1.46%
Volume: 710,886
Sept. 23, 2020 4:00p
P/E Ratio
237.66
Dividend Yield
1.05%
Market Cap
$2.86 billion
Rev. per Employee
$87,407
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Barbara Kollmeyer is an editor for MarketWatch in Madrid. Follow her on Twitter @bkollmeyer.

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