Nutella, involving a lot of questions, a lot of house, and mexicos first lady. Theres a story from brazil that has just about everybody asking where is the money. Michelle carusocabrera is all over the stories. Stocks march to record highs, a new world opens up for investors, bob is at the nyse to explain this is a very big deal, right, bob . It is, indeed, tyler. The much anticipated Shanghai Hong Kong Stock Exchange went live for the first time, first time foreigners can own 560 Mainland China stocks directly. Look at the full screen here. In addition to stocks you can own that list in hong kong. Now, the hitch here, this is important, you have to be affiliated with a broker with a license in hong kong to trade the stocks. According to the Stock Exchange website, many u. S. And european Brokerage Firms are participating in the exchange because they have brokerage licenses in hong kong. The firms, take a look here, well known names in the u. S. , interak tich brokers is one, Goldman S
Its not good, might be excellent, wait a second, its trading down, lets go over the quarter again, maybe theyll explain things on the call or does the market have it wrong . There. Thats an accurate depiction what you hear behind the scenes during earnings heavy days like this one. Day where the dow gained 62 points, nasdaq climbed 4. 17 . Earnings season, earning season is a mad house and for the one week at the very height of each period right now, its a mad house where the guards have been locked up and the inmates have taken over the asylum. House of pain for 48 weeks out of the year, theres enough time for you to think before you make a judgment. But for four weeks a year where we are overwhelmed with earnings report, this week, you are up against terrible odds and making mistakes is all too easy. So how do you make things better . How do you handle the pressure during the height of earnings season . First thing, you avoid the battlegrounds those are total nowin situations. Right
Ukrai ukraine. There is a lot of back and forth between these two companies. Hell join us at the end of the hour. Wouldnt want to minimize clearly whats happening over there but certainly at this point at least its had a minimal effect on the market. Even though it has made investors nervous, it has had an overwhelming effect. People, quite frankly, arent here. Theyre heading on to vacation. Do you know how your funding is doing this year against its benchmark . Any one whos given Fund Managers their money. Well have details. On september 9th, and the invites are out and they wish they could say more but our friends are saying more than this just wont and new iphone but the longawaited apple watch will be available as well. Im already wishing we could say more. There is always a double intention. About an hour to go until the close. Dow was off more than 100 points at the session open, now off 44. The s p down about three to 1,996. Joining our krsh exchange now, Heather Hughes from sun
York. Lets take a look at new york city itself. Temperatures right now, 49 degrees. You might say how is it going to snow . Trust uts, it will happen later this afternoon. It will be snowing at 37 degrees. That can happen in the atmosphere. Were in the 1 to 3 inches range here. Heading out to long island, less than an inch there. Were looking at 5 to 8 inches of snow. Thats the case in other major cities, as well. Washington, d. C. And the 1 to 3 inch rain. The general rule here is 95 is going to be your dividing line between that heavy snow to the west and the lighter snow to the east. Still, its not going to take much today. Take a look at boston, youre in the 1 to 3 and 3 to 35 out towards 98. West, 12 to 18 inches of snow. So you have some flight problems, you obviously have driving problems. The timing on this . Its going to start at rain as it already did. Were going to watch that mix over. The rain snow line is going to drive down to the south. Later on this afternoon, a lot of
This is the time of year that businesses are at their greatest risk for losses, not just from shoplifters but employees. Our kate rogers has a special report. But lets begin with markets right now. An hour to go and we are seeing significant pressure on stocks. The dows off 102. Well off the lows of 150 from the last hour or so of the session. Still as mentioned, a lot of pressure in the Energy Complex. Crude today closing at a fiveyear low. And look at some of the names taking it on the chin in response. You have a denberry off 10 . The equity not just hit and seeing pressure on the credit default swaps here. Time now for the closing bell exchange. J. J. Kenihand joining us and thomas fross, lee drogan, renee norris and our own Rick Santelli who rocked it yesterday on meet the press with chuck todd. Well done, ricky. Lets get to the conversation right here. Thank you. Thomas, to you first. So we have this really good jobs report on friday. And then you have this continued drop in crud