Its competitor, nikola the Airlines Holding up after Morgan Stanleys bullish call on the group. The analyst will join us kelly, first over to you major aver raages are hitting their lowest levels. Bob has a look at the stocks making the biggest move today. Bob, lets start with you. Were in a 40point trading range. Were about to break out on the upside i know this sounds crazy lets look at the sectors and whats moving. Were not getting a lot of help from technology. It rallied early yiier but hasnt been moving as forward were getting nice moves from the industrial and Health Care Stocks these stocks rallied earlier off of their lows. Apple was 119 earlier. Its not moving the market forward here in the middle of the afternoon. Still off of their lows. Same with microsoft, nvidia, lam and some of the work from home stocks they were lower earlier but not rallying dramatically. All of them down wayfair was briefly positive slack has turned positive. The stocks are all off their lows most of
Texas and louisiana preparing for laura to makela landfall asa possible cat 3 hurricane and facing new head winds of a pandemic and the end of an era. They start the end of a new slogan as Everybody Needs to keep their hands out of their mouth. This is Worldwide Exchange on cnbc good morning good afternoon good evening im Brian Sullivan thank you for joining us on a busy tuesday we have to start with the markets and your money despite whatever news there is out there, the money flowing into stocks just does not stop futures higher, maybe on possible headlines of u. S. china trade talk front all of this coming after yet another record setting rally s p 500 closing above 34 time higher and nasdaq hitting 37 records for 2020 the dow, now less than 1 away from break even on the year. Could get there today with the way the futures are looking. Speaking of the dow, there are big changes coming as announced late yesterday three stocks in. Three stocks out sales force will replace exxon mobil.
Lets begin with that historic day for apple. It is the most valuable company on earth we shouldnt be surprised, but it just took two years for add a trillion in market cap thats just astounding. Absolutely remarkable its unprecedented to have a trillion dollar company. I added to apple after they announced the split. It makes no economy supplies in terms of benefits to the company in doing that. You can trade partial shares there are robin hood and others, but i thought the market would react positively i added to my core position. I dont want to sell, even though i do have some concerns theres an attack on the app store, which has driven a lot of growth im staying there for now. I think the 5g phone will be the biggest Product Launch theyve ever had around the world. Jim, i notice he own it as well, but to me you sound to be, you know one of the maybe, you know least enthusiastic about where the stock is now and where it can go from here. Do you think thats fair to say . I do, but tha
Tiktok bid jim, we will start with the retail numbers lowes is a good one to start with, its been called depots quarter on steroids today. Look, i think that Martin Ellison has taken a Company Making it anything but an also ran. 35 camp is terrific hes really got finally hes got the e com down Marvin Ellison is a turn around man par excellence and this is an amazing quarter we dont want target to overshadow it too much because i like the stock and i love the fact it wasnt up big early on its a buy yeah. In store traffic or in store comps, jim, up 11, which is different than what we saw out of others. I mean, i guess when you dont have as fierce a web challenge in Home Improvement and you have the stay at Home Rebuilding boom, thats going to add to a couple huge dynamics. Yes, it will. Remember, there was a period where lowes was not digitized enough also didnt really have very Strong Customer service. All of thats changed under marvin he is the last person to ever want to champion hims
Condemnation. Emergency in china is story floods forced more than 100000 people from their homes and threaten an ancient statue of the good. And sport byron munich of set up the Champions League final with. The german champions beat lee all 3 nil to reach the biggest game in European Club football. Welcome to the program our top story protesters in baton rouge have defied the governments warnings of a tough crackdown on dissent Alexander Lukashenko has told Law Enforcement agencies to restore order on the streets but protesters in minsk are piling on the pressure accusing the president of rigging use election victory earlier this month and demanding he step down stuff a state run chemical plants have walked off the job joining other factory workers who typically was his supporters in the past but on now calling for a nationwide general strike the protestors have found support with the European Union which has announced a new raft of sanctions and says it wont recognize the Election Res