For what happens next. In corporate news, becky, apple hold ago product event in california today. The company is expected to unveil the latest event to the companys new line. Mavericks operating system. In other tech news, nokia launching its first tablet today along with two large screen smartphones. These are among the last products the company developed to compete with apple. And samsung. Before deciding to sell its hand set business to microsoft. Microsoft, service 2 and service 2 pro tablets go on sale in 22 initial markets today, including the United States. Both are updates of the first generation surface tablets released last october. Improvements include increased battery life and higher resolution screens and camera peps joe, get your geek glasses on today. You know what, steve . I am more interested in this jobs report than the next one. I dont why . Because im not interested in what the shutdown did. Im interested in the basul level of the next two will be a mess. The expe
The s p 500. In record breaking territory. There it sits at 1740. 86. Now, there is one way to buy this s p very cleanly or there are several actually, but one of the cleanest is the spider. The spy, and there you see that it is up about 22. 22 year to date. Bob, deuces are wild on that one. Show you the many ways you can own the s p 500. You can slice and dice it a lot of ways. You can own the s p 500 through an Exchange Traded fund three ways, all three of the biggest etf companies essentially offer a way to buy the s p 500 he just told you about the s py. Ishares offers the s p 500 and called the ivb. Virtually the same product. Vanguard enables you to buy the s p 500. Same product. The voo. All low costs like. 05 . Terrific way to get broad exposure to the market. The s p is market cap weighted. Supposed you wanted to do equal weight, all five stocks in the s p 500 equal weighted. The rsp, rydex does one. For the market cap weighted s p 500. Suppose you dont like all this volatilit
The crimean referendum, of course, is this weekend. The roadmap begins with continuing Global Concerns led by china and ukraine. Have the markets looking at a modestly higher open this after the major averages logged their worst day since february 3 period. General motors is firing back that air bag failure in recalled vehicles resulted in more than 300 deaths. Target admitting it did not take immediate action after Security Software originally alerted the company to malicious activity after the data breach. And Mark Zuckerberg calls president obama to complain about the governments surveillance programs. First up, though, thursday, the 13, was bad luck for the bulls as worries about a slowdown in china and rising tension between ukraine and russia helped spark a market selloff. All 30 components finishing in the red. And the s p has fallen to negative territory for the year and the nasdaq posting a decline for the fifth time in six sessions. The s p has only had a yeartodate gain nine
And better caps. Tyler he is a out today. Sue down on the floor, the new york stock exchange. Over to you. Thank you, simon. The s p 500 beating the dow industrials by a long shot so far this year. Check out the chart. The s p 300 better than the dow. Investors and traders play these through the etf market. The dia covers the dow stocks and sp kwlchlt, s p 500. Which might fare better in the second half . Mike holland is chairman of holland and company and lee part ridge, chief Investment Officer at salient partners a great team to talk about this mike, let me start with you, if i could. You do not believe the bull run is over, there is more ahead. Which of the two indices i talked about do you think might fare better the second half . The second half is quite a short period of time. I think the divergence will probably narrow. I think we have had, a few years ago, the big cap stocks so undervalued relative to the rest of the market stocks like intel, microsoft, in fact, so cheap, they
Services, pmi, International Trade and ism nonmanufacturing numbers that day as well. Forecasters say the economy probably added 218,000 jobs in june to make five straight months of job gains of more than 200,000. Thats something we have not seen since the end of 1999 before the dot com bubble burst. The bulls are looking to close the books on a successful first half of the year. The s p 500 is up more than 6 this year following a jump of 30 in 2013. If the market closed the year at current levels, 2014 would be the best threeyear run for stocks since the 1997 to 1999 period of time. Its weird. Its like a weird goldberg thing the way they do this. Sometimes if it was the first or second of the month with the first friday, they may do it the next friday. They do it weird. Other times we have been here on fridays when some markets are closed and the stock market is closed good friday. Its a lesson here, the only people at cnbc that have to come here joe is winding you up for when we walk