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NewsWatch: Facebook’s been one of the strongest FAANGs this year. Here’s why it’s just been downgraded.

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MARKETWATCH FRONT PAGE

Arete Research, an independent research service focusing on the tech sector, said it’s time for a breather in the second-best performer of that group. See full story.

The real significance of Afghanistan on markets may lie in how it’s shaped Fed succession battle

How the Taliban could keep Jerome Powell in place. See full story.

I’m an ‘elder millennial’ with $2 million in investments but a low monthly income. Should I spend my savings to buy a home in San Francisco?

‘I am still unable to qualify for any sort of loan required to purchase a home here and would likely have to pay cash for any home I purchase.’ See full story.

Think your house is fully insured against hurricane damage? Beware of these policy loopholes

Tropical Storm Henri is yet another reminder of the need for adequate homeowner’s insurance. See full story.

Ignore Elon Musk’s dancing distraction and face the dangers ahead for Tesla

Investors should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s outlandish claims about his company’s technological capabilities. See full story.

MARKETWATCH PERSONAL FINANCE

‘We shed the shame and embarrassment so that it’s all about the future,’ financial adviser Stacie Rasmussen tells clients. See full story.

The Fed: The real significance of Afghanistan on markets may lie in how it’s shaped Fed succession battle

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