Good morning. Getting right to the top story you can see right now, the dow jones is implied higher by 225 points, nasdaq still showing relative weakness given the technology selloff weve seen. This is coming after that massive selloff from the major averages yesterday the dow closing down more than 800 points slightly off the lows. In this situation, they are all coming off their worst trading day since june 11. Since monday, all are on track from weekly performances since june one sector snaps the heat. Snapping the win streak when it lost nearly 14 apple saw its worst day since the 20th losing that market cap, the largest loss of the biggest oneday record they lost more market cap just yesterday than the individual market caps of 470 of the s p 500 companies. That is how much money was lost by apple microsoft, alphabet, tesla saw market caps sink by 10s of hundreds of dollars. You can see tesla lost millions. Microsoft lost 115 billion. August unemployment report is due out. Expecti
Nation, and protecting our in our hour of need. And today, isaac continues to do exactly that. Isaac still works at the pentagon, now as a sergeant. He is on duty right now and he has joined us here today for the ceremony. In this morning, all of us and thank isaac for his service. Where is isaac . [applause] pres. Trump thank you, isaac. Thank you. [applause] pres. Trump two isaac into every First Responder and survivor of the attack, you carry on the legacy of the friends you lost. You keep alive the memory of make who perished and you america proud. Very, very proud. To the family members with us today, i know that it is with a heavy heart that you come back to this place, but by doing so by choosing to persevere through the grief, sorrow, you honor your heroes. Renew our courage and you strengthen all of us. You really do. You strengthen all of us. Here on the west side of the pentagon, terrorists tried to break our results. It is not going to happen. Where they left a mark with fi
The way up into these numbers. I think well start to see some of the numbers actually come back into these financials theyve lagged, they havent performed. They had that great run after the president was elected and theyve basically poaused. I think its ready to finally start to break to the upside weve seen the kind of option activity that tells us right now, its not just the individual names, the entire xlf. People come in there and buying huge numbers there, looking for more upside. And it doesnt headquarter that yield curve have been cooperating so far this week in just the past week, were up about 0. 1 on the tenyear yield curve. But its not even just about where rates are going with the financial names that were in. Theres so many other reasons to own these big banks, and especially with ccar coming later on today, its a situation where youre going to start to see some of those buybacks potentially coming back. You already heard yellen talk about the strength of the banks already
Very good morning and warm welcome to you on Worldwide Exchange kicking off now on cnbc. Im wilfred frost with kayla sitting in for sara. Good morning. I like that youre playing the weekend music. Gets you in the mood. Even though it is 5 00 a. M. It is basically the weekend. Lets see what the markets are doing now. U. S. Equities open lower, gained traction throughout the day. Finished about a quarter of 1 higher. This morning, pretty much bang on flat in the premarket, s p slightly in red, treading water ahead of the jobs number which comes later today. All eyes on that and the implications for what it means for possible fed rate hikes. Lets look at the tenyear note, what is the bond market doing this morning. Were bang on 108. We just have come down on the yield. Seen a little bond buying during the course of the week, close to 1. 9 earlier in the week, now at 1. 8 . Everything rests on todays big market story, the u. S. Employment report, forecasters say the economy likely added 15
Point72 Europe London LLP purchased a new stake in The Cooper Companies, Inc. (NASDAQ:COO – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 14,613 shares of the medical device company’s stock, valued at approximately $5,530,000. A number of other institutional […]