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By Victor Reklaitis, MarketWatch

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Apple /zigman2/quotes/202934861/composite AAPL -0.77% has considered investing in a $100 billion tech fund being raised by Japan’s SoftBank.

Dow 21,000 looks to be the far more important target, says a Barron’s columnist .

President-elect Donald Trump has officially named Exxon Mobil /zigman2/quotes/204455864/composite XOM -1.13%  CEO Rex Tillerson as his pick for secretary of state, and he is expected to tap former Texas Gov. Rick Perry for energy /zigman2/quotes/206420077/composite XLE -1.35% secretary. Plus, Trump delayed a news conference and now won’t say until January how he plans to handle the overlap between his business empire and his new gig.

Wal-Mart /zigman2/quotes/207374728/composite WMT -2.49%  might be Trump’s next target, but Starbucks /zigman2/quotes/207508890/composite SBUX -6.51%  looks safe.

The economy

The Federal Reserve’s two-day meeting is due to kick off today. Policy makers had better unveil an interest-rate hike tomorrow, if they don’t want to really surprise markets.

Fed chief Janet Yellen is expected to signal that investors shouldn’t expect a flurry of rate rises, while the central bank is likely to ignore the elephant in the room.

In other economic news, small-business sentiment has surged, a November reading on U.S. import prices showed a drop, and reports on China’s industrial production and retail sales edged forecasts.

Check out: MarketWatch’s Economic Calendar

The stat

100,000—That is how many civilians are trapped in Aleppo, fearing for their lives as Syrian forces take control from rebel fighters, according to aid groups and media reports . Reports of on-the-spot executions and children being killed in their own homes have prompted calls for the international community to organize a safe passage out.

The quote

“He has little political experience, but, maybe, it’s good,” Mikhail Gorbachev is among the Russians who like Trump.

In an interview marking 25 years since the USSR’s breakup, the former Soviet leader also voiced hope for better U.S.-Russia relations and criticized how America handled the end of the Cold War.

Random reads

Twitter’s /zigman2/quotes/203180645/composite TWTR -2.98%  Jack Dorsey plans to interview Edward Snowden today on Periscope.

There are hundreds of new and redesigned emoji in Apple’s iOS 10.2.

Teens are drinking and smoking less , plus doing fewer drugs.

It is possible to avoid being abducted in Australia by texting your dad back home.

Change your behavior by doing this .

And here is this year’s must-have toy:

Click to Play

Hatchimal fever takes parents on a global hunt

Hatchimals, this year's must-have gift for Christmas, sold out within weeks of their October introduction in the U.S. and Europe.

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/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 142.06
-1.10 -0.77%
Volume: 140.84M
Jan. 27, 2021 4:00p
P/E Ratio
43.49
Dividend Yield
0.58%
Market Cap
$2408.42 billion
Rev. per Employee
$1.86M
loading...
/zigman2/quotes/204455864/composite
US : U.S.: NYSE
$ 45.35
-0.52 -1.13%
Volume: 32.41M
Jan. 27, 2021 4:04p
P/E Ratio
58.30
Dividend Yield
7.67%
Market Cap
$193.95 billion
Rev. per Employee
$3.42M
loading...
/zigman2/quotes/206420077/composite
US : U.S.: NYSE Arca
$ 40.20
-0.55 -1.35%
Volume: 49.93M
Jan. 27, 2021 8:00p
loading...
/zigman2/quotes/207374728/composite
US : U.S.: NYSE
$ 143.84
-3.67 -2.49%
Volume: 9.97M
Jan. 27, 2021 4:00p
P/E Ratio
20.76
Dividend Yield
1.50%
Market Cap
$417.35 billion
Rev. per Employee
$238,165
loading...
/zigman2/quotes/207508890/composite
US : U.S.: Nasdaq
$ 97.87
-6.82 -6.51%
Volume: 18.14M
Jan. 27, 2021 4:00p
P/E Ratio
175.87
Dividend Yield
1.84%
Market Cap
$123.25 billion
Rev. per Employee
$67,371
loading...
/zigman2/quotes/203180645/composite
US : U.S.: NYSE
$ 48.19
-1.48 -2.98%
Volume: 22.43M
Jan. 27, 2021 4:02p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$39.51 billion
Rev. per Employee
$705,986
loading...

Victor Reklaitis is a London-based markets writer for MarketWatch. Follow him on Twitter @VicRek.

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