Before but investors remain bullish. We are on record close watch for the three major averages, as we stand, the nasdaq and s p pretty comfortable. The dow just higher, though, by only 0. 1 . Industrials the only sector in the red. Consumer discretion. Joining us, josh brown from Wealth Management. Well done. What did i say . Im not sure. It was cute. I got close enough. Lets stay on track nasdaq, dow, s p. With almost nothing in the red at all. Its bigger than that 52week highs for the slf. Bank sector. Very, very key incredibly bullish Consumer Sector spydr. Look at the usual suspects, xlk. Off the radar things that are happening thats really interesting. This might be because enough tax law selling has already occurred or traders are anticipating the end of that. Some of those highprofile ipos that blew up this summer and fall are starting to make meaningful moves off their lows, looking like they could be putting in a sustainable bottom. Peloton, after a very disappointing debut. S
S an hour and a half. The task force will now come to order. Without objection, the chairs authorized to declare a recess at any time without objection members of the full committee are authorized to participate in todays hearing consistent with the committees practice. This hearing is entitled robots on wall street, the impact of ai on jobs in the Financial Services industry. The chair will recognize himself for five minutes for an opening statement. Thank you all for joining us today for what should be a having interesting hearing of this task force. Were looking at exploring how ai is being deployed in Capital Markets from automated trading to Investment Management decisions. An e minutes for opening statement. First off, thank you for joining us today for what should be a thisinteresting hearing of task force. Today were looking at exploring how a. I. Is being deployed in Capital Markets from automated Portfolio Allocation to Investment Management decisions. Were also going to cons
The highly anticipated service shares of gap tank after the company ceo announces his exit it is friday, november 8 and Worldwide Exchange begins right now. Good morning, here is how your money and the markets are setting their day up futures pointing to some stability. A slight decline the dow would be up by about 10 points s p off by about one point and nasdaq off by about 11 treasury yields backing off ever so slightly. 10year treasury moat yields move to the most in a oneday gain since President Trump got elected but seeing a bit of a pull back at 1. 9 . Two year notes at about 1. 7 the knee day in japan about a quarter to the upside. The hang seng is off and the shanghai composite as well well move to the european trading. Dax off a quarter of a percent cac similar and the ftse 100 as well slight declines in the european trade. Turning back to china now reuters is moving the internal option from the white house and advisors joining us live with the latest. I feel like weve been he
Government bond is attractive compared to risk in stocks right now. 283 on the tenure. Three, another problem is the internal workings of the market exotic product, robot trading up a pushing stocks to rapgd sell ising . As of now the dow is down 6. 5 so poor this week. With will open higher. Do not know how we will close or where well close. But back drop this morning is another chaotic night in congress. But we now do have a budget for the next two years. Thats not necessarily great news for investors. But bottom line on this republican budget Government Spending goes way up and so does the deficit. Again, were hearing the words, debt bomb. Varney company is about to begin. It changes so rapgdly that were going to show you futures all over again. All right we were up 100 now were up 60 youve got to watch this. Literally moment to moment. Wall street is on course for its worst week in six years. It has been a really qield ride for stocks just this week. These are the swings in the dow
Halt trading on the floor. Just because they werent being traded on the floor, doesnt mean the markets stopped moving. Thats not the case the stocks were routed to other electronic exchanges. Trading on the floor of the new York City Stock Exchange was halted by an unknown problem the Exchange Says they know what the issue is but they werent any more specific. They opened about 3 10 this afternoon. They get their pricing from the new york Stock Exchange it was critical the big board had floor trading open again by the close of trading today. What happened most of the stocks that would trade on the floor of the new york Stock Exchange were traded elsewhere. Expect to see some investigations by regulators like the sec. The nyse shut down trading on the floor because it was concerned about a technical glitch. In the end, the stock market finished lower because of concerns about greece and china. The computer problems are not part of the problems that grounded American Airlines flights tod