If not in the immediate wake of the fed minutes coming out. The nasdaq and the dow all higher. The nasdaq is the winner of the day on Strong Technology numbers from Applied Materials and a general lift and technology. If you look at the week now for the s p 500, it is posting a gain of nearly half of 1 even though there was that rocking this in the wake of those fed minutes coming out. Week,still again for the snapping a threeweek losing streak for that index. In todays session, tech is the best performing sector here. Information technology up nearly 1. 5 . Financials also doing well as well as health care. Consumer staples not faring quite as well. , watchingage terms some of the best performance on the s p 500 today, i mentioned makerd materials, the of chipmaking equipment, with a forecast ahead of estimates as orders search. Endo Health Solutions apparently the federal trade commission is granting some kind of antitrust approval for an action, but its not clear exactly what its fo
Dow is up 25 points. S p is up by 2. Nasdaq up by close to 7. Overnight in asia, better than expected Economic Data coming out of japan. Factory output rising. 1 gain to the nikkei up by 166 points. If you take a look at early trading and european markets youll see at this point thing, relatively flat. Red arrows across the board. None of these major averages down by even 0. 2 . A race looking at how european average, up on asia. They read articles like that. They dont last long in these websites. No, they dont. I guess thats the same way with print. Were going to talk about the top stories. Do you like a fourday week where you have a friday off or a fourday week definitely a monday. Its pay it forward, right . Pay it forward. You dont do anything for the friday off of the foreday week. But were youve put in five last week and get three off. Its already tuesday, everybody. Monday is gone. Its better. Its better. Among our top stories this morning, price of crude and the only markets we
It is a labor day battleground blitz on this holiday monday. With campaigns making their final pitches in the traditional turn to the final sprint before election day. Youve got joe biden talking labor in pa. The vp candidating holding duelling events in wisconsin. Well take you to all of it. Plus, nbc news exclusive reporting on a possible pentagon shakeup. With the president looking for possible replacements for defense secretary mark esper. Were also live on the latest with the out of control wildfires in central california. One of them growing to 114 square miles. Thats about the size of fresno, california. We have a lot of news on a busy holiday monday. I want to start on the campaign trail and our nbc News Reporters there. Mike memoli is in harris beburg washington. Ali vie ali vitali is in wisconsin. Mike, talk about what were going to hear from bilater. T reporter the Biden Campaign knows pennsylvania well. Biden held his First Campaign event in 2019 at a union hall in pittsbur
Today for the annual running of the bulls. Joe, any interest in doing this . No. Never . Never. Thousands cram into the streets to watch. Some participating and while bulls are seeing red, joe referred to this earlier, the Nobel Prize Winning Economist Joseph Stiglitz has a market message for the bulls there. He is uncomfortable with stock market levels and stiglitz argues that the high levels doesnt signal a high level in the u. S. A very strong stock market price is a symptom of the weak economy, not a symptom that we are about to have a strong recovery to our real economy. I dont think he is headed to pamplona any time soon. The fact that my multinationals are getting a large chunk of profits from emerging markets. Wait a second, you would run with the bulls . I clearly have an ambition to do that. You cant do that. Its a touch of bait interesting thing to do. You are looking at me like im crazy. Joe said it was a counter what was your i didnt know you needed a nobel prize to say th
They cant find work and that is putting pressure on retailers. And know your options, when insurance wont cover your longterm care needs, what are the alternatives . Well tackle that as we wrap up the series how to navigate longterm care. That and more tonight on nightly Business Report for friday, august 2nd. Good evening everyone. American businesses werent it was supported to show 183,000 new jobs were added. It didnt. Only 162,000 people got jobs, the slowest month since march. The numbers for may and june were revised down. Hampton pearson takes a closer look behind the numbers. The reason why the jobless rate is lower and the troubling trends in the market. Economiests say factors with employers adding just 162,000 workers to payroll, and a downward division of 26,000 jobs from the government for the pref warehou previous two months. More part time highers are being hired tied to implementing obamacare and private sector defense contractors are feeling the impact. The last four m