David a beautiful shot. One of those lovely drone shots in ass i am i valley simi valley. Im david asman in for stuart varney. He is preparing for the big debate. We are 11 hours away. We have live coverage throughout the show and a little bit of stuart himself later this hour. Stick around for that. To your money. We saw a strong activity on the dow and nasdaq, moments ago the dow negative, its not positive but it is up 25, nasdaq is up where it has been all morning, less than half of 1 . The treasury started up a little bit, come up from where it was. Its the 10 year yield trading at 4. 52. It was down further before and may end a positive for the day. Oil is certainly positive, up to 92. 48 for a barrel. That the jump from where it was last. It dripped down last week if you will excludes the pun. It is going up this week. Bitcoin is up 412. Gary gensler will talk about that, the committee do to start right now inside the beltway, talking more about what he is going to be saying mome
You do see the hurricane and justin numbers and the hurricane affected numbers in the prior couple of months. As we look at stocks, we are seeing a jockeying for a position after what we have seen over the past week. The rotation out of technology and other winners of the year and into areas like financials and industrials for example. Flipping his performance as is the nasdaq. The s p stuff in the middle between the two. We are seeing a rebound in some of the names that have been beat up in the past week or so. Mcdonalds stocks, to buy over jeffries. Andy bearish boost his eyes target to the highest in the street, 200. Well positioned to continue to outperform, a combination of initiatives, remodeling, deliveries will make a 3 comparable usl very visible here. With its numbers as well. Comparable sales better than estimated. And the gross margin also topped expectations up to 3 . Reallyductors have been beat up with since technology in the past week, they have fallen for private five
Significant given given that this is some of the best numbers we seen coming from the any peace index for some time and the idea that their optimism is picking up steam is consistent with that was the view that we need to get more Construction Activity going on into the Home Building market here in order for it to see some proven in terms of the state for borrowers basically well the current homeownership rate in the u. S. Its at sixty three point nine percent which is obviously below the two thousand and five peak of sixty nine point two percent so is this report reason to believe that we could actually see that rate jump up a little bit. I think its possible that we could see that i think in addition the with millennialists of have been holding back their their home buying activity ever since the financial crisis so i think. The optimism that were seeing from from Home Building as well as sort of the jump back into the market by someone else will bode well Going Forward for homeowner
Effectively transmit information in the form of a change in the charge this method could have ventured an able instantaneous communication across vast distances this isnt all just interesting t. V. And Technology Facts the innovations are changing our lives and they are part and parcel to an enormously important portions of our Global Economy so with Technology Companies who are the largest but you can guess number one. Yep apple tops the list they have more than two hundred billion dollars in annual sales and made a profit of forty five billion dollars last year according to forbes fifteen of the top twenty five Tech Companies are from the United States with eight in the top ten including apple course microsoft alphabet i. B. M. Intel Cisco Systems oracle and facebook as we head into the new year is a good time to reflect on the power of our own imagination and how a vision of a Brighter Future back in the star trek days has changed the real world in which we live. On tuesday Presiden
Live. On tuesday President Trumps nominee for president of the Us Export Import Bank was rejected by democrats and several republicans on the Senate Banking committee here to discuss that is former u. S. Trading commissioner bart bart as background for our viewers what is the Export Import Bank and why is it important. Its super important to our to our economy its been around since one thousand nine hundred thirty four and the idea is that it will help exports of u. S. Goods made in the u. S. Goods and you know it did so back in thirtys and after the Second World War it was a big part of the Marshall Plan trying to get exports to france and germany and then you know fast forward to eighty nine when the berlin wall came down trying to get u. S. Goods into the former soviet union chuckles poland and then a big push by president obama back in two thousand and nine two thousand and ten was to try and get more u. S. Exports to india and so they put a billion dollars in in that so the Export