FDA Launches ‘Historic Action’ Against E-Cigarettes - Adviser Investments

FDA Launches ‘Historic Action’ Against E-Cigarettes

Alexis Melvin, associate at Adviser Investments, has the market analysis for Wednesday, September 12. Major U.S. stock 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.

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