FDA Launches ‘Historic Action’ Against E-Cigarettes
Alexis Melvin, associate at Adviser Investments, has the market analysis for Wednesday, September 12. Major U.S. stockA financial instrument giving the holder a proportion of the ownership and earnings of a company. indexes saw mixed results, with slight advances for the Dow Jones Industrial Average (0.1%) and S&P 500 (fractional) and the NASDAQ declining 0.2%. The U.S. Census Bureau released its 2017 annual report, which indicates U.S. economic strength in its 1.8% rise in household income and 2.4 million-employee spike in full-time workers. Meanwhile, the U.S. Food and Drug Administration announced its “historic action” against more than 1,300 retailers and five manufacturers in an effort to help combat youth e-cigarette consumption.