Wave of political activism. The party has been called into question in the wake of Donald Trumps win. His book outlines his vision for this countrys future. I am pleased to have him back at this table. Welcome. When did you write this . Did you keep a diary . Bernie i wrote it over a threemonth frantic period. Working 12 hours, 13 hours every day. I started it after the democratic convention. I just worked hard for three months. It is a couple of things. The first half of the book talks about the issues that you raised. Talks about taking on the entire political establishment, the clinton organization, the media that did not take us seriously. Also wall street and corporate america. It talks about being on the campaign joe, the kind of support and coalitions that we put together. Among young people and working people, we struck a real nerve. In virtually every primary and caucus that we engaged in, we won the overwhelming report. People under 40 years of age. Which tells me that the id
Pullback, but it feels like a mixed market because the dow has been flirting with gains, and right now it is a four point. It is not all red for the major averages, though the dow has trended lower for parts of the day. A sideways move here. We have volume lower as well. Why is the dow doing better less like the big movers. Mcdonalds is rising after mcdonalds japan started selling poking and toys. Johnson johnson is out with earnings that beat estimates, and the Company Raised its forecast for fouryear earnings as well. Trading higher making predictions about demand in india. Those shares are gaining. This gain in the dow notwithstanding, the s p 500 and the nasdaq are not holding up well. Lets look at the movers there. Netflix has been trading lower all session long after subscriber targets missed estimates. Microsoft reports after the bell. It has been lower all day in advance of that. Phillip morris coming out with numbers that missed estimates as well, being under pressure from the
It is about 30 minutes into the trading day of the u. S. So lets head straight to the markets desk or julie hyman has the latest. Dow just upe the about 13 points. Not a huge decline there. The nasdaq, close to. 3 . Take a look at what is going on here. And that is factoring into the trading today. If you look here on the bloomberg, it is Energy Shares a lot of the earnings reports we are watching are actually pushing stocks higher, one of the reasons the dows not falling as much as the s p and the nasdaq. Lets get to the earnings movers. Shares plunging by 14 . The focus tends to be on the subscriber growth. Subscribers, one and a half million overseas. The company itself has projected as well as what analysts have projected. Explaining this as impart an increase in prices in the United States. Helping support the dell to some extent. Drugs holding up well, particularly for remicade. Ibm is another one watching. Earnings knowing yearoveryear but eating estimates. Earlier. Re higher th
Equities, a little push back. Morgan stanley saying we will see maybe 1 in the First Quarter of next year for the 10 year yield. Some selling in stocks today. The money flowing to some extent into treasuries. The dow had been holding up relatively well. Still down the least. Back into the red. Pulling back from the record close yesterday for the dow and s p 500. The magnitude of the drop is not big, only one third of 1 for the s p 500 but the brett of the decline pretty broad. All of the s p 500 lower today led by energy and materials as we see a commodity led selloff. A lot of individual movers, netflix out with its earnings, the subscriber growth, or lack thereof drawing attention. Adding 1. 6 8 million subscribers in the Second Quarter, falling shorts short of estimates blaming price increases. Johnson from johnson and Lockheed Martin, they had winners, though Lockheed Martin now lower after that Companies Earnings beat estimates, Johnson Johnson with earnings that beat in the Secon
There. That means two things, talking about the candidates and the turf on which they want to debate to take place. They are describing two different turfs. Donald trump describes america in threat at home and abroad. He is building a presence only he can fit. Hillary clinton shows challenges, and yet because of this, we can take on them. She is building an america where she is the best one to lead. There is a lot of debate over the initial diagnoses before they get to what the notions are. Where we are right now is where we were months ago when the Trump Campaign said the threshold question was whether they could hand the presidency to donald trump and he will not break it, whether he has the temperament and judgment for the job. That is the number one right. People want election change. The question is whether donald trump represents change or dangerous change. Charlie most campaigns are about the future. At the same time, she has her own questions about trust and favorability and th