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The stock market is still sinking but the selling frenzy has eased just a bit.The Dow opened down about 100 points on Thursday morning, rebounding from sharp overnight losses. The Nasdaq started positive before slipping back into the red. The S&P 500 lost about 0.6%.Wall Street is attempting to recover from Wednesday's plunge, which wiped 832 points off the Dow. The Nasdaq in particular has gotten rocked in recent days. Investors have bolted from the index, which contains many tech stocks, because they are concerned about holding some of the market's riskiest stocks in a downturn. A proxy for the tech sector had its sharpest plunge in seven years on Wednesday.The S&P 500 was on pace for its sixth-straight decline, something that hasn't happened since just before President Donald Trump's election nearly two years ago. And the Nasdaq has already plunged 8% this month."Halloween started early this month for investors," Ed Yardeni, president of investment advisory firm Yardeni Research, wrote to clients.Concerns about inflation were eased a bit by a report released on Thursday that showed consumer prices rose in September less than feared.Still, tech stocks including Amazon and Apple lost ground in early trading. Square (SQ) slumped 6% after announcing the departure of its chief financial officer. But other tech stocks showed signs of life. Netflix and Twitter were trading flat to slightly higher.Stocks have turned sharply south because investors are increasingly concerned about rising interest rates. As the Federal Reserve raises rates to prevent runaway inflation, investors have been getting out of bonds, driving down their price and driving up their yields. Suddenly, the return on bonds has become competitive with some stocks — particularly risky tech stocks.Rising interest rates also increase borrowing costs for households and businesses, eating into corporate profits. America's increasing debt load, a trade war with China and a slowing global economy have also unnerved investors.Wednesday's "rout has shaken investor confidence," Nicholas Colas, co-founder of DataTrek Research, wrote to clients. "That will take time to rebuild."The Dow plunged 832 points, or 3.2%, on Wednesday. Tech stocks took a beating, sending the Nasdaq tumbling 4% — its worst day since the Brexit referendum of June 2016.That dragged down stock indexes in the United Kingdom, Germany and France on Thursday, all of which fell more than 1%. Benchmark indexes in Shanghai and Tokyo closed down 5.2% and almost 4%, respectively. Hong Kong's market was down over 3%.The S&P 500's 3% plunge on Wednesday was rare. It's only happened in 0.6% of all trading days since 1952, according to Bespoke Investment Group.The good news is that the market often springs back to life after such a deep sell-off. Bargain hunters scoop up beaten-down stocks and calmer heads prevail. On average, the S&P 500 has gained 0.4% the day after a 3% slide, Bespoke said.That's what happened in February after the S&P 500 twice suffered 3% drops caused by fears about rising bond yields. Both sell-offs were followed by rebounds of more than 1% the next day.But Yardeni is optimistic the market will rebound because corporate profits are robust and no recession is in sight."We remain bullish on the outlook for earnings, and expect the market to recover and make new highs going into next year," Yardeni wrote.The-CNN-Wire 3435

The scariest thing at Wormtown Brewery in Worcester, Massachusetts this fall has nothing to do with Halloween. This small independent brewery ran out of aluminum cans for the first time in company history."We have had a couple of loads of cans canceled on us, but last week was the first time we truly ran out of cans," said co-owner David Field.Shipments of cans are becoming very rare for breweries and beverage producers nationwide. Americans are drinking less at bars and restaurants and more at home, putting greater demand on liquor stores and breweries like Wormtown.Typically, this craft beer producer would send out about 20 percent of their product in kegs to area bars, but because of the pandemic, close to 100 percent of the beer they produce is being sent directly to consumers."People drink more often at home; they drink more in small social circles," Field said.In the U.S., there are only a small handful of can distributors. Most years, they produced about 100 billion aluminum cans. However, this year, there's a nationwide shortage of close to 10 billion cans.Everyone-- from major soda companies to small craft breweries--has started to feel the impact. Part of the shortage is being caused by the explosion of hard seltzers into the market. Only making the situation worse, many recycling plants were forced to go offline during the spring.But, mostly, experts say the can shortage is simply being caused by supply and demand."It's going to catch up with everybody. If they haven’t been hit, they will be, and it looks like it’s gonna be a little while," Field added.Perhaps one of the biggest buzzkill for small breweries is if customers can’t find their product on a shelf, they might be gone for good and turn to another product that's more available. Field says that could have long-lasting impacts on his company's bottom line."That person who loves our beer might be introduced to somebody else’s beer they like and may not come back to us," he said.The problem is impacting brewers all over the country. The Brewers Association, which represents more than 5,000 breweries, says they're even hearing about some manufacturers having a difficult time getting glass bottles."There’s been a huge increase in demand for cans that then when the pandemic hit, was just accelerated. Not just with beer, but all package types to cans," explained Chuck Skypeck, who serves as the group's technical brewing projects manager.What it all means for the American consumer is fewer options for beer and other soft drinks as well. It’s a difficult task for the nation's brewers as they try their best to quench this country's thirst for beer. 2662

The US Forest Service hopes families will want to end 2020 with a live tree, preferably one cut from a national forest.Cutting down a Christmas tree is a tradition for many, and a healthy tradition for the forests as smaller trees get thinned out.“By cutting your own tree, you take an active part in managing your national forests,” according to the US Forest Service webpage.Tree hunters should look for an area of tightly-knit, dense trees and pick one from there. This will in turn give the surrounding trees more space to grow, Hillary Santanez, recreation event coordinator with the White River National Forest, explained to KMGH.Thinning the forests in this fashion reduces competition for resources and nutrients so the other trees can grow stronger and healthier, Santanez said. It also helps the trees handle stressful environmental situations, such as drought. In addition, thinning dense forests can help with wildfire mitigation.Families who have a fourth or fifth grader can get a free permit from the Every Kid Outdoors initiative through the US Forest Service. Otherwise, permits to cut down a tree in a national forest run to depending on the park. Permits are required. All permit sales are online for 2020, along with maps, how to select a tree, guidance for cutting it down and safety reminders. Like, dressing for the cold, possibly dark and snowy forest conditions. The different parks have different rules about where a Christmas tree can be cut down from, usually it has to be about 200 feet from roads and campgrounds."You want to make sure that you're not trespassing on private property, so going onto our website and downloading a map is essential so that you can make sure that you're staying on forest land because a lot of the forest land, especially in the Front Range area, is really adjacent to private property, and you have to make sure that you're following the law while you're up there," Pike and San Isabel National Forests and Cimarron and Comanche National Grasslands Public Affairs Officer Crystal Young told KOAA News.There are height and trunk size requirements as well to make sure tree hunters are taking the smaller trees to help thin out forests. Find details on the US Forest Service website. 2258

The United States Consumer Product Safety Commission (CPSC) is recalling nearly half a million Kidde smoke detectors, saying they could fail to work in the event of a fire.According to the CPSC, anyone with a Kidde smoke alarm should remove their alarm from the ceiling or wall and look for a yellow cap on the inside of the alarm (see photo above). Those who find a yellow cap should contact Kidde for a replacement, and should not try and remove the yellow cap.Those who do not find a yellow cap in their smoke alarm can continue using the device normally.The alarms were sold at Menards, The Home Depot, Walmart, Amazon and Kidde's website between September 2016 and this January.The following models are covered in the recall:PI9010 (DC/battery powered)Date code: 2016 Sep. 10 through 2017 Oct. 13PI2010 (AC/hardwired)Date code: 2016 Sep. 10 through 2017 Oct. 13If you are covered by the recall, contact Kidde toll-free at 833-551-7739 from 8:30 a.m. to 5 p.m. ET Monday through Friday, or from 9 a.m.to 3 p.m. on Saturday and Sunday. You can also visit online at www.kidde.com and click on “Product Safety Recall” for more information. 1168

The Senate Judiciary Committee on Thursday approved legislation to protect the special counsel from being fired, a rare bipartisan step that sends a warning signal to President Donald Trump not to remove Robert Mueller.The legislation, which would give Mueller and other special counsels the ability to challenge their firings in court, still has little chance of becoming law — Senate Majority Leader Mitch McConnell has vowed not to put it on the floor, House Republicans have shown no interest in the measure and Trump would be unlikely to sign it.But the committee's 14-7 vote to approve the measure still provides a symbolic message that the Senate would not tolerate Mueller's firing. Four Republicans voted yes: Senate Judiciary Chairman Chuck Grassley of Iowa, Thom Tillis of North Carolina, Lindsey Graham of South Carolina and Jeff Flake of Arizona. 867

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