Good morning welcome to squawk box. Im becky quick with Andrew Ross Sorkin and joe kernen. Welcome back both of you some big moves we are looking at today. Lets look where things stand with the markets dow futures are off by 34. The big news is happening with technology stocks. Down 343 points. Thats big you are talking 3 of the market or 3 decline for the index. Thats a big deal when you look at what happened last week on thursday, nasdaq was off 5 on friday, another one and a quarter percent. You are taurking 6 and a quarter decline. Because of what is happening with the biggest stocks in that. Tesla indicated down 11 in the premarket Asml Holdings down nvidia down advanced microoff off 4 . Those that have boosted that weve seen selling off today you are still looking with these declines at a market at higher levels weve run up quickly and we are seeing it now joe. Watching it head higher watching it ever day, we are like this tech stuff is insane benefitting from what we are all liv
228 points, s p climbing. 67 . Nasdaq gained. 68 house of pleasure. You have to wonder will we get a monster run to dow 30,000 . Is this a total s p 500 jail break . Is the sky the limit thats how i feel after watching hours and hours of tape and marveling that once again we have such broad leadership from the industrials, the airlines, the financials, even the tech stops. This move is eery. Whats driving it . Oh, you know, come out here every night, same as always. Stock shortage, its really been acuteness in the industrials 401 k money being thrown at the market animal spirits a stronger consumer. Tax reform deregulation and a general reevaluation higher for all stocks. Whos doing the leading . Once again, its boeing, its caterpillar, adobe, alphabet, its apple and its netflix. Oh, sure, periodically we have to change things up. Today was all aaang, which is what happens when facebook stumbles so badly it isnt worth the faanging a nic ing acronym. I swear if boeing keeps worrying, yo
US stocks slipped on Friday after key labour-market indicators came in stronger than forecasts, cementing expectations that the Federal Reserve will hold interest rates steady for longer in an effort to tame economic growth and fight inflationary risks.
(Sharecast News) - US stocks slipped on Friday after key labour-market indicators came in stronger than forecasts, cementing expectations that the Federal Reserve will hold interest rates steady for longer in an effort to tame economic growth and fight in
(Sharecast News) - Wall Street stocks closed higher on Tuesday as traders shrugged off disappointing manufacturing data from the previous session and cheered falling bond yields.