One of the big ripple effects is utilities. Take a look at this chart behind me were seeing the death cross thats what some technicians call it when the shorter term 50day moving average of a stock or etf falls below longer term trend, the 200day average were seeing it with the excel, the spdr sector utility, xlu this does not portend bad things but something to Pay Attention to its not the only that were keeping an eye on. Were seeing some action play out in some parts of the market. Namely in the real estate stocks the vanguard reit index is sinking down to multiyear lows. As we take a look at whats happening with this, its already in correction territory, off about 10 plus the highs we saw a couple years ago well take a look at another part thats perhaps a brighter spot while all these guys are making these multiyear lows, one thats not is the consumer staple sector. This is actually just a stones throw away from alltime highs would you believe it or not, more than half of the index
And jon fortt making his way back from out west. You know why we cued the billy joel at the top, shares of twitter had their dose of honesty. Extending their losses, revenue up 61 in the quarter. Executives voiced concerns about user growth. Here is jack dorsey the interim ceo on last nights Conference Call. Chronic initiatives we mentioned in previous earnings calls like instant timelines and log dot experiences have not yet had meaningful impact on growing our audience or participation. This sun acceptable and were not happy about it. Joining us this morning from one market in san francisco, colin sebastian. Good morning. Good morning. People are noting the clash between last nights call and the media rounds they did in the prior quarter where they were enthusiastic about the game plan and about the product. Why the uturn . On one hand twitter is, theres a tale of to sides of twitter. On one hand, adam bains team, on the revenue site of the business is performing extremely well. Twit
A crackdown on corruption in soccer. Nine soccer officials and five Corporate Executives have been charged. They call it a 24yearlong conspiracy involving 150 million in kickbacks. In zurich switzerland, fifa is holding a News Conference. Earlier, swiss Police Arrested six officials. Fifa has been accused of corruption for years. Russia and qatar have been named top posts. This firs for fifa is good. It is, in terms of cleaning up and everything of what it is, in terms of the process, it is good. Vonnie we have more on this in a few minutes and all morning. Time is running short for greece. Greek officials are meeting in brussels. Greece must pay the imf 8 billion early next month. Bloomberg news reports little has been found in recent talks. Greece is balking at making reforms in labor laws and sales tax. Cyber crooks have used the irs website to steal information on more than 100,000 taxpayers. They used that data to file face to file fake tax returns and irs Officials Say they remov
Recognize the classic motown pop song. You dont have to worry. You already know the song but if you called me 30 years ago i may well have that before i decided to become an academic i try to be a rock star. I had a lot of fun. That is not where my strength glaves. I realized i could do better as an archaeologist and a late lead guitarist. Being a historian is a better way to answer the question and tonight i want to disagree. War what is it good for but it is the story over the last 10,000 years . To create Larger Societys for the ones that people live in . This is an important thing to say because of that is the case that understanding what war has been good for seems it is crucial to understanding what it might do with the 21st century if we want them to be safe we need to know what it has been good for in the past. The weapons are more destructive but yet the world is a safer place to live hidden. With a remarkable paradox that needs to be explained. The answers to the question is
Why what is happening there is threatening to hit your wallet over here, busy day, stunning weekend, welcome, i am neil cavuto. Thanks to david asman for filling in. Dorian breaking out everywhere. Heres what we know right now. A mandatory evacuation is underway in part of Brevard County including coco beach, Cape Canaveral, residents and lowlying areas are told to get out starting tomorrow. Floridas republican governor ron to santos telling our residents to listen to local officials free information. Orlando International Airport will shut down at 2 00 eastern out of abundance of caution. The impact on Labor Day Travel will be felt nationwide whether you are heading there or not. Team coverage in West Palm Beach. We begin with rick. Such a complicated forecast. Normally use a storm will turn in a direction 50 miles one way or another but when that 50 miles means making a direct impact on florida or not there are big impacts one way or another. This was Hurricane Matthew a few years ag