Essentially, it was a slowmotion continuation. Mark i think meander is a good word for stocks. I want to start with a group that led the market higher. We talked about oil getting into a bull market. Here we go. The energy index has been a pretty big part of the rally. You can see how much it gained today. It was up 60 basis points at one point. Higher, notmarket as much weight on the s p as it used a have, but still an impact. We have utilities and financials. The two that make headlines every day. It depends on how the market feels about Interest Rates right now. Right now, work expectations have gone down. Financials still hanging in there. I have two coup kind of fun stocks that popped up today. Stocks we got news today that private prisons will shortly be no more or at least ceased to exist in the way they do now. The price of private prisons got crushed. Day on the quiet Government Bond market, continuing yesterdays trends. And 10 yearar yields as expectations of said policy cont
Fourth quarter. The dow, s p, and nasdaq off by. 2 to. 3 . A huge dropoff in the 20day average. Matt not a lot of movement. Not a lot of training. It is Rosh Hashanah today. There are a number of Global Markets closed today. Not a lot of trading. We dont see as much action in the market. We do see a lot of individual stock stories. Cars are the one i am focused on today because we had numbers out that were in line with estimates or beat estimates. The interesting thing is they still missed last years numbers by a lot. Ford has september sales down eight point 1 8. 1 from last september. Last september was fantastic. Inline or better for all companies. General motors is up almost 1 . Fiat chrysler is up almost 1 . That in addition to moves in the banks check that were interesting, wells fargo hit a 52week low. Massachusetts said it was going to investigate Morgan Stanley for crossselling practices as well. Morgan stanley does not take a huge hit on the news but is down with the rest of
Driven by particular headlines. I will look at this. A half. Nt and clearly bouncing off the lows of the day as we washed a Strange Movement in the s p today. 12 15, a sharp leg lower in the markets across the equity board. That did not seem to be explained by a particular news event. A lot of traders have been watching that press conference , answeringt watched some of the questions surrounding the bombings over the weekend. Of thelook at some movers, apple has been one of the biggest contributors to gains. It was higher not by much but because it was contributing to the gains and now it is the biggest single contributor to the week as we see in the s p 500. Apple has been rallying recently on early indicators coming out from telecom providers, demand for the iphone seven but now falling back today. We are watching and the day today, a number of different deals, info blocks, Company Selling itself, valued at 1. 6 billion of Network Control security company, text data is up there becau
5. 30 6 million homes. This is after a gain of 4. 7 of the prior month. Economists were looking for a figure of 5. 4 million on an average day so its coming in a little worse than anticipated. This is not necessarily a number that will move the overall market but i am watching the xhb which is the homebuilder etf and were not seeing much movement. It remains higher by about half of 1 . It looks to be taking a little bit of a leg up after these headlines came out. Erik thank you. Coming up come the best week of the year for the s p 500 and stocks appear to have stalled today. Surprise due to the fact we are in a holiday short week. It is thanksgiving and traders will be off friday. Off on thursday and friday will have some activity. Julie we are seeing a little changed mixed market. Its a Holiday Weekend by intends to go down and very little change across the board with the nasdaq doing the best and its only up 2 10 of 1 . It was the best week of the are last week and we only trading 2
Translating the values of the fifth amendment to the modern age. The fifth amendment, concerned about thought crimes, not exerting psychological pressure. He ended by quoting my hero about how government is the omnipotent teacher and you can see that in his letter he thought the court has to be a shining emblem for what Human Dignity needs. We heard the chief justice you can do the best job you could in the context of the law. Time will affect decisions. Youre suggesting its time for us to rethink the technology i think it is. I think miranda could be updated and could be more effective. There were at the love people thinking about this and hopefully, we can all come together and try to think about things like body cameras, video taping and interrogations. Other things that would update miranda. Thanks to both of you for being here tonight on our 11 of 12 cases in the landmark cases series. We appreciate your insight from the miranda case. Thank you so much for being in our audience to