Cheddar Morning Business Update 7/24: Nasdaq up nearly 19 percent in 2017

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NEW YORK -

The Nasdaq opened today after its first down day in more than a week and a half and is up nearly 19 percent so far this year.

Meanwhile, Facebook has reportedly filed a patent for a device with interchangeable parts that could be used as a smartphone or a speaker, according to Telegraph.

Finally, tuition at college and graduate schools rose just 1.9 percent through June compared to an average 6 percent increase each year for the past three decades.

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  • Trump and Putin hold summit in Helsinki

    Trump and Putin hold summit in Helsinki

    (Photo by Chris McGrath/Getty Images)(Photo by Chris McGrath/Getty Images)

    Sights and scenes at President Donald Trump's summit with Russian President Vladimir V. Putin in Helsinki, Finland, on Monday, July 16, 2018. Images via Getty.

    Sights and scenes at President Donald Trump's summit with Russian President Vladimir V. Putin in Helsinki, Finland, on Monday, July 16, 2018. Images via Getty.

  • Surf Lodge in Montauk summer lineup

    Surf Lodge in Montauk summer lineup

    Various bands will perform at the Surf Lodge this summer.

    Visit the Surf Lodge website for more information.

    Various bands will perform at the Surf Lodge this summer.

    Visit the Surf Lodge website for more information.

  • 2018 Pennysaver Amphitheater at Bald Hill lineup

    2018 Pennysaver Amphitheater at Bald Hill lineup

    Tuesday, April 17 2018 12:25 PM EDT2018-04-17 16:25:59 GMT
    LIT will perform as part of the Loudwire's Gen-X Summer on Thursday, July 26 at 6 p.m. Other performers include Buckcherry, POD and Alien Ant Farm.LIT will perform as part of the Loudwire's Gen-X Summer on Thursday, July 26 at 6 p.m. Other performers include Buckcherry, POD and Alien Ant Farm.

    A look at the performers coming to the Pennysaver Amphitheater at Bald Hill in 2018.

    A look at the performers coming to the Pennysaver Amphitheater at Bald Hill in 2018.

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