Canadian trade minister Chrystia Freeland blasted the European Union as "incapable" of striking an international agreement after talks for an EU-Canada trade deal collapsed Friday over the refusal of a Belgian region to sign on. "It seems obvious to me, to Canada, that the European Union is incapable now of having an international agreement, even with a country with such European values as Canada, and even with a country as kind and patient as Canada," Freeland said on Belgian television.
Microsoft surged as much as 5.6 percent to an all-time high of $60.45, while McDonald's was up 3.1 percent. "If companies cannot beat estimates in this (low-rate) environment, it raises the question of what will happen when the Fed raises rates in December," said Adam Sarhan, chief executive at Sarhan Capital. At 11:03 a.m. ET the Dow Jones Industrial Average was down 94.54 points, or 0.52 percent, at 18,067.81.