Shares higher despite a miss. Whats up next for the Delivery Company . First up, tuesdays session went from that record intraday high for the nas earlier in the session to the worst day of the year. Jim, were going to walk through reasons why this happened, the play book if it in fact changed anything at all. Yes. I think that shortterm there is a sense that if the tenyears calling all the shots and the tenyear is showing perhaps things are slowing or will slow because we will not get the stimulus because trump is in the swamp. Ive also been listening to the coverage and joes right there could be some things that he was talking with mr. Javers about the manafort situation. But the fact is i think comey scared more people than what people were willing to talk about. Comey came out and many people feel destroyed Hillary Clintons chances because he basically just says, hey, listen, it could be really bad. And comey comes out yesterday and uses the word criminal in the same context and tha
Drop in supply. Road map begins with amazons winning streak. Shares of the e commerce giant, poised to extend gains this morning. The company now worth nearly twice the market value of rival walmart. And after the march adp report shows the private sector job gains are much higher than expected. And panera added the popular bakery and restaurant chain to its portfolio. Ron shaich will join us live at post 9. Amazon is on a roll. Its in the midst of the seven session winning streak. Market cap now more than 430 million, double walmart. Meanti meantime, they have struck a deal with the nfl to stream thursday night football, not exclusive, jim likes to call it tired night football. But its a twitter was a one and done deal. Yep. They decided that they wanted to do go with the subscription model. Twitter did not come in with that. Paying five times what twitter did. Twitter intends to continue a relationship with nfl. This is something if you want prime, you get more. They keep giving you
They said take a lesson to shock all plans back to flatlining. A foreignpolicy un ambassador regarding the searing leader. But, with less than 48 hours before kremlin there. Loud and clear in asia. Less than a week out of that north korea and it takes on banking. Jamie diamond. The battle over too big to fail. Its taking charge. The Global Economic threat that could cost a billion. Les start the countdow we have to check it. We are following right now. For one brief shining moment early this morning set atop the u. S. Auto industry. You can see around 9 51 a. M. It also crossed into General Motors to be the biggest automaker. Not quite there although were heading to right back there. Remember general mourners is also moving higher. The backup and what can happen in the final hour. This last hour as can be crucial. Lets take a look at the rest of the markets. With stocks hanging tough. Even in the face of more dreadlocks where the potential for it. Up about 14. We also had mri on the ai
Flatter . If it was zero. Ditto for almost all of europe. Hardly anything there. Crude oil at this hour is stronger by 37 cents, 45. 93. That may be because the dollar has taken a breather after its rampant run. It was one market that just kept going and going. Today a bit of taking the edge off. Carl icahn warns that the strong rally in stocks since Donald Trumps election might be overdone. Even more overdone than the overdone market that hes been warning us about for the last six months, maybe the year before that. Ive known him 20 years, hes been warning me for 20 years about the market. Speaking at a conference yesterday, icahn says investors can expect trump to help fix washington and improve the state of the economy. Icahn has been a strong trump supporter. He said he bet about a billion dollars on u. S. Equities after leaving trumps Victory Party early last wednesday morning. Thats interesting. Before the election how many times have we had this as a headline . I stand over ther
Headlines at that code conference in california today. Find out why jeff bezos of amazon says winning Golden Globes helps sell more shoes. And Sheryl Sandberg joins us. Stay tuned for that and facebooks ceo. And Steve Leishman now. On whether the fed is givie ini clues on the next rate hike. U. S. Is youing modestly. And the. The beige book did stay tagt labor markets were seen widely. And have seen wages pick up. Other sectors show real estate was stronger and looks like manufacturing is doing a little better up at least from recent lows and todays ism manufacturing suggesting the same thing. The beige book said Consumer Spending increased moderately throughout districts. Points toon economy that sounds like it is growing around 2 . But some say it is Strong Enough for the fed to hike over at jeffries they put out an immediate commentary that said the reports. Not a whole lot of evidence to do. Real data tomorrow. The adp delayed because of the holiday tomorrow morning. And jobs and s