Move welcome, everybody the major average is down right now. The dow falling for the first time in four sessions, wall street socalled fear index, otherwise known as the vix, at the highest level in two months. Apple with a major drag, with fears of plunging iphone x demand the cap has dropped 45 million in a week. The action is really in the bond bond market where yields are soaring. Michelle, welcome back thank you. Michelle carusocabrera. Bob pisani is on the floor of the new york stock exchange. Bob, is it Rising Interest Rates starting to hurt stocks . Yes, for the moment and fears of Interest Rate hikes. Puff reits, on either side of and telecom and Home Building stocks, theyre all getting knocked rather noticeably there. Also interestinvestigate sensitive. Like thanks, figure, not doing too much already, but your regionals not really doing that much so the big debate is will higher rates finally be the catalyst for a pullback we have a bunch of market movers, we have the state o
Faber broke the story, a lot more on what it could mean for media content and streaming and more the vote is in, bill ackman has lost it was a pretty tough shella shellacki shellacking. Well talk to Carlos Rodriguez about this companys victory coming up. Bob lutz says we are approaching the end of the automotive era and in 20 years no one will even own a car well dig in on bobs predictions. David, first up, the latest on disney fox. Listen, yesterdays story was interesting, largely for the fact while it may not actually occur, that is disney buying many of the units of 21st century fox, the idea that 21st century fox was willing to engage in talks designed to sell a large part of the company, willing to go smaller in and of itself sends a significant signal to many of the Traditional Media Companies out there and that is the case again as we had reported through yesterday at 1 30 when we broke the story, talks had taken place over the last few weeks. They had ended although they could
This is Andrew Liveris of dow chemical. Okay, well, we just met with the president. The group of ceos behind me and others. We had a dialogue with his team. The team was incredibly engaged but to say the president was engaged was an understatement. The meeting went way over the time allotted and we listened very carefully and he listened to us about the agenda that this administration wants to put forward to really revitalize the American Manufacturing economy. All of us are manufacturers in the United States. Were Global Companies. We create jobs. We create jobs and ecosystems, and we create jobs across the value chain. The conversation honed in on tax, regulatory and trade. He listened very carefully to everyone around me here on their specific issues and how to actually get some action around fixing some of the issues that are embedded in creating American Manufacturing jobs. The president was very generous with his team. Actually, towards the middle of the meeting or thereabouts, h
Get ready for more fed speak at home. Our road map begins with the president. No pullback despite the near daily drama in washington. New this morning, Electronics Ban targ it eieting flighting from muslim majority count countries. The president takes a visit to capitol hill, selling the Gop Health Care bill ahead of the vote on thursday. Stocks continue to show resiliency. The nasdaq taking aim at another interday high after four Straight Days of gain. The dow and s p up. S p is up 11 since the election. But the nasdaq put together three gains of less than a point. Yes. Which hasnt happened three times in a row since the 90 s. Closes at 5900 or 5901. I mean, it obviously tells you, maybe not that much going on, but also a coiling effect potentially. Youre seeing the volatility indexes and Everything Else looking like, you know, sort of the movement has been this offsetting action. At some point, no broad selling pressure. Really, something is working to keep it supported. It is amazin
Good evening, everyone, welcome, im tyler mathieson, sue herrera has the weekend off t. Week end, month end and quarter end, the dow turned in its sixth straight positive quarter for the First Time Since way pack in 2006. The nasdaq had its best quarterly performance since 2013 in the s p 500 saw its biggest quarterly gain since 2015. Here are the final numbers, for the first three months of 2017 the nasdaq rallied the most, up 10 . They changed despite todays pullback the Dow Jones Industrial average twopd 65 points to 20,663. The s p 500 fell 5. The nasdaq was off two and threefifths. So what pulled the gains in this quarter and which sectors did better than others . Domenic chu has surprises among the First Quarter winners and sinners. Reporter if you had stocks as part of your portfolio in the First Quarter of 2017, you have to be feeling pretty good at least so far. During the first three months of the year, we saw recordhigh levels for not just the Dow Jones Industrial and the s