Laura as it intensifies into a category 2 hurricane 16 years in the making, palantir finally making a bid for the Public Market but not without a lot of investor scrutiny move over bill ackman, there is a new face you ever watching cnbc good morning. Im dominic chu in for Brian Sullivan today a bit of a miss so far you can see the s p higher by about four points. The dow jones lower by 37. The nasdaq outpacing after the s p 500 closed higher. Hitting the 17th record close of the year nasdaq trying for a fivesession winning streak as it pushes. Now seeing the 38th record close of this year the dow bucking the trend ending the day lower. The key to watch there, 28,000 mark early going, you can see the shanghai composite about flat on the day as well. Meanwhile, we are seeing outperformance in the german dax up about a half a percent. The ftse 100 underperforming as it has been all year currently down in this session we continue to monitor the developing story in the gulf of mexico hurric
To buy the dip should you hold onto what you have in terms of technology or should you get out of some of names you have ridden up or wondering what to do i ask you through the prism of selling slack on august 25th and then adding to crowd strike this week and what that says about how you view that question one of my favorite sayings about being a Market Participant is if you dont know who you are, the stock market is a very expensive place the find out i know who i am. Its taken me a long time to get here i understand the way that my mind works in both bull markets and bear and bear markets. I understand the things i have to correct for the biases i have to overcome. I cant get rid of them. People dont really change they get smarter but they dont change theres two ways tho think abou your question. Here is a stock thats 400 chair. Down 18 from a recent high. You watch it the whole way up kicking yourself that you dont own it one of the hardest hit names a of the last week or so, if yo
Investors seem to be more optimistic as Congress Continues to work on another federal relief bill. The president at the bottom of the hour scheduled to deliver another news briefing. This as tensions between the u. S. And china continue to escalate. The u. S. Has ordered that the chinese consulate in houston, texas to close china to close. China is calling for the u. S. To revoke the decision and is warning that the u. S. Has more diplomatic personnel in china than vice versa. Joining us to break down the market avenue big the Market Action are Abigail Doolittle who has following who has been following the action. Abigail tesla delivered. Considering you have the stock of more than 280 on the year going into that report. Before we look at that stock specifically, it has been another interesting, slightly choppy day. More sleepy at the end of the day. We saw this late day surge climbing. Not huge gains. We had stocks of flat. Nasdaq down at the end of the day. This s p 500 higher. This
You to terry for her support for her advice over the years, including many good topics, suggestions, and if you are here you will know she is responsible for the beach boys, and all sorts of others we have enjoyed over the years thanks to her suggestions. Terry, would you please stand up . [applause] tonights speaker, claire l. Evans, has achieved notable success in two disparate fields, both as a musician and as a writer. In the former career, she is the lead singer and cofounder of the conceptual pop group yacht, and has recently returned from a tour in europe with that group. But it is her second career as an expert in the area of technology that brings her to us tonight. And in that regard, she is the former futures editor of motherboard and a contributor to vice, the guardian, and wired, among other publications. She is, for example, the Founding Editor of terraform, a vices sciencefiction chronicle. However, the thing that particularly commands her to our attention and brings are
Biggest demonstration in a month. The numbers indicate the protests will drag on into the new year. Kathleen one story for the stock market on friday for the u. S. , a blowout drops report for the month of december november, that is setting the stage for strong december meeting and even a strong 2020 because people have concerns about recession long gone after the jobs had its biggest monthly gain since january. You can see how the stock market perform, the Dow Jones Industrial average gaining 1. 4 . Industrials, energy, financials, all the companies doing better, and should do better if the company is going to if the economy is going to do better. Data to 3. 5 . A separate report shows Consumer Sentiment at a seven month high. What is this going to mean for asian markets today . Sophie we are seeing a risk on somewhat with futures pointing higher after the weekend brought us a surprise drop in chinese exports. Kong, therein hong have been calls for a general strike after the biggest p