Final 59 minutes of trade, looks like the bulls started happy hour little too early and completely stopped. They had to sit down. Look at the dow entered day. The rally up 290 points to the upside, it has entirely disappeared. We reversed. The dow was down one hundred 12 points. A pretty significant swing here. Lets look at the s p. It was again of 38 points, we are down 17. All happening at precisely the same time. Look at the nasdaq, the broader markets around 2 00, 10 00 pm, the nasdaq had been as high as one hundred 59 points, way up higher, it comes just as apple dropped below its 50 Day Moving Average in heavy trading. A move that can be considered a cell signal. You can look at apple right now down 4. 5 , 11 00 a. M. 00 am it was down 2 and change. You see the doubling and this sort of waterfall situation and 182. 63 a share, apple has lost its 3 trillion market status, apple did beat on the top and bottom line for quarterly numbers but iphone sales in at 39. 67 billion, shy of
A little chop in the market today as we watch political turmoil in greece. Oil moving higher, back above 55. Some supply concerns bubbling over in libya. In the tenyear, settled back to 222. That is about a oneweek low. Our road map begins with global fears returning to the market. Greeces failure to elect a president has europe in the red and u. S. Futures pointing slightly lower. Forget the Movie Theater on demand. Nearly five times the size of the physical box office. What it means for the future of movie releases. Move over yuber. Chinese market is now the worlds most valuable tech startup. Equity futures edging lower. Global uncertainty returning to the market following seven Straight Days of gains. European shares back to work leading the decline as the Greek Parliament fails to elect a president. That does set up some nationwide elections in january potentially derailing the countrys bailout agreement. Greek stocks were down double digits. We are going to talk more about the sar
By Will Feuer Cinemark Holdings' posted higher revenue for the fourth quarter, lifted by attendance gains and rising concession sales. The movie-theater.