Up on supplies as the storm is scheduled to make landfall later tonight. Plus, ford and volkskswagen take their alliance to overdrive in a bid to overtake the competition. Serena williams, the final and wimbledon tomorrow, but more than another grand slam title for the american athlete. We take a look. Viewers on pbs and United States all around the world, a very warm welcome. Turkey has received the first shipments of a Russian Missile Defense System despite the threat of sanctions from the United States and concerns of its nato allies. The white house has threatened turkey with real and negative consequences, while nato has warned that the russell and that it could deliver details about t the differences defenses. [no audio] delivering parts of a Russian Missile Defense System. They confirmed that deliveries had begun. We say this each time. This is a done deal. The process continues. Russian sources say the antiaircraftft system can reachf two 30 kilometers and has a range of 400 ki
Dealt a blow this past month the nasdaq up 5 the russell up 5. 5 . The dow up 1. 5 . So goes the start of the year. So goes the rest i mean, historically, you come out of a great january and most of the time you do get followthrough. Of course nothing is perfect if it were that easy, you would set a formula and there would be no need to think i dont know if its as simple as extrapolating a good january, a good first quarter, what have you, but theres a reason why that kind of thing does tend to persist over the years and decades. The stocks change. The ceos change. The products and services that theyre selling change what doesnt change is human nature and when the indices get a good start, that generally leads to chasing and generally leads to people just feeling more upbeat and better about things and interpreting data points as bullish rather than bearish so they can stay in the game. I like the way the year started. Guarantees us nothing, but probably it does do well the rest of the
Positive rates have stabilized a little bit. The data is mixed. How do you assess whats been a really difficult week. Well see how long that will last seeing the yields move up again absent an expansion of the conflicts in the middle east, and the reason i say that, if you look at the treasury auction, i think, on tuesday, it was kind of punk, right . I think that will continue to be the narrative going forward. The market was due for a bounce and amazon was as good a reason as any in reflection, i thought earnings were actually great, the market said, hey, we can pick and choose here 24 th is a respite critical companies have missed and missed badly and the market is punitive. Its the largest, the highest ive ever seen as ive said many times, the risks outweigh the rewards theres a time to play and a time to wait your return is definitely defined by your point of entry this is not it youre playing more than look, you bought more meta i did you bought more microsoft i did right yesterd
Good earnings and then the ugly being the obvious. Whats going on with mega caps alphabet down, meta down, microsoft now down, apple as sara was talking about, now below 170. How do you size it up here yeah its weird its a day you have a bizarre strength in small caps doesnt really appear to be appro po of many in particular youre probably going to get favorable pce data on the inflation front, but i think the big takeaway we talked about this on tuesday, judge the first thing is that its probably better if youre a trader to take advantage of an earnings move post than to try to anticipate going in because what a lot of these situations have in common is, the earnings are great and then you get this p punishing reion. Even if you knew the earnings would be great you didnt know how the crowd would take it. Now we know. The skds thing, i think the big takeaway is the rallies on cost cutting and the, quote, unquote, year of efficiency some of these companies have declared, are over now sh
Doing it but our analyst says dont hes going to talk about how much he sees ahead and why he insists the competition cant catch up before that lets start with todays markets and dom chu always has our numbers kelly, markets have turned mixed in midday trading after starting off the day with some fractional gains the dow is a very modest 76 points. Thats about. 2 gain. The s p 500 is down roughly 6 to 7 points 1 10 of 1 loss there. The nasdaq underperforming that tech heavier index pulls back by just about 1 3 of 1 16,280 for the composite index a lot of individual stocks on the move today and im sure well be talking much more about all of them throughout the course of the afternoon. But here are some of the midday mover highlights starting with the absolute plunge in shopify, down nearly 20 right now pape fifth of its value gone after the ecommerce Platform Company for merchants reported actually better Quarterly Results but gave whats being viewed as a more disappointing Current Quart