Line with policy decisions with Market Expectations. And tech leading the charge with apple high on the back of bullish markets that are higher. S p up 1. 2 . Dow is up 232 points near the session highs joining us, mark tenler. Mark, trade was the mover as it was yesterday. More of it, day after day, the thing that continues to drive the market is the most recent news about trade. So, yesterday, there was less optimism about there potentially being a deal the market sells off today, theres less optimism, so the market rebounds but nevertheless, were stuck in this trading range of 28. 25, and 30. 25, right and i think its very unlikely that we break out of that range unless and until we actually get a trade deal and i think the likelihood of us getting a broad deal is unlikely i just dont think thats going to happen. It all depends what that narrow deal looks like. Or the october tariffs removed if theyre removed for good, thats bullish forponed all that great. Lets focus on the big sto
We lower on the douby just 6 points some individual stock moves on the final trading day of august to hit check out ulta beauty on track for the worst day ever down around 30 after missing on earnings, revenue, estimates for the fullyear guidance also coming in light blooming brands seeing a spike around 2 00 p. M. After Jana Partners to take a 9 stake in the company saying in a filing it believes shares are undervalued and intends to have discussions with the company about a possible sale. Nearly 8 pop there. Shares of lions gate falling on a report of comcast dropping starz. Comcast is parent of cnbc. Joining us for the entire hour, final hour of the final month of trading for final day of the month of august is mark tepper to these individual stock moves like an ulta, wilfred mentioned target up 25 , ulta down almost 30 . Why are these such severe reactions to earnings, these reratings of the stocks individual story or the Market Investors are concerned overall about just carrying r
Results from the French Election sparked in a market rally. Pricing that if it very. The centrist candidate. We know how the pricing and the polls have gone with brexit and donald trump when the presidency. Teachers across the board 198point gain on the futures right now. Take a look at europe. The euro hitting a fivemonth high against the dollar. So they plans on keeping france if he wins in the e. U. And the euro as well. In a show, lets take a look at how your asian markets could overnight. The shanghai lower down 1. 4 . Investors keeping a close eye on earning ahead of the opinion. Halliburton, and u. S. Drilling dignity. A horrifying moment caught on tape. A 4yearold little girl falls out of the back of a moving bus. A firefighter took the video and immediately came to her rescue. Check your pantry. A massive recall. Not one involving golf balls, but one by fritolay over salmonella concerns. Turbulence to the Airline Industry will look at the latest incident but it is not all bad