S p 30,038 russell out performing everything today lets begin our conversation, joe. Really want to use these last days of june to discussion where the money is going to be made in the next six months. First half is going to be in the books in a couple of days. Its been a turbulent one. We know that what do you think is in store for the next six lets talk about the last couple of days so we can look toward the final six months. A lot of complexity here first of all, you have the russell rebalance. You have a 10 decline in the last five days for facebook and the immediate question for me is does that have an impact on the Technology Sector. If i look at the sectors, technology is the only leading sector in the month of june. Are we going to get weakness here out of the Technology Sector i think that extrapolates further to more weakness throughout the summer for technology and there in lies your opportunity to take advantage of that orrection. How about the performance for the emerging
Housing market the Housing Market has been a strong part of the economy and also boeings 737 max test flight looked like it went pretty well. That stock is up nearly 10 . 59 minutes left if trade. Yeah, helping the dow outperform today coming up on todays show, etsy is major winner at stay at home trade. Shares doubling this year. Well ask Josh Silverman, sooce how theyre using the platform and well talk to larry kudlow about the rise of cases in the United States and the Economic Impact some states including just moments ago new jersey pausing their reopening measures as we stand, the s p 500 is up 1 lets focus on the big stories mike santoli is tracking to days market rally we have the details on gilead which Just Announced pricing for the coronavirus treatment. And julia has the latest on facebooks growing advertising boycotts mike, lets start with you and the broader markets. A tidy little bounce today. Getting back a portion of last weeks losses. Really concentrated on the smaller
Indonesia rattles the nickel market. We will bring you Investor Insights from the top analyst in sydney. Markets gaining ground for the past six sessions. Lets turn to sophie. Green shoots for aussie shares after the best winning streak since may. This after Growth Stocks led gains on monday. We are seeing the backup and aussie yields, with the rise across the curve. The rba governor will give a speech today ahead of the policy decision. Ahead of fed and boj decisions,. He yen on the back foot flat, seeing futures waiting for signals from governor kuroda. A sense of overheating for japanese stocks, earnings making that trickier. We just got word on earnings, from thoseumbers reporting. , a fifth of firms will deliver the report cards ahead of the deadline by the end of the month. Lets head to new york for first word news. Thanks. Boris johnson will try tuesday to give parliament to allow an early election, after failing on monday to get the majority needed to push it through. He says h
By 15 points lets look at overnight in asia. The nikkei going strong closing at the highest level since 1996. A gain of 132 points that puts the nikkei at 20,823 hang seng was up by 0. 6 pfr . The shanghai was up by a quarter percentage point in europe, you will see that at least in the early going things have been mixed. These are modest moves in spain, stocks are under pressure down by 0. 9 this is coming as some concerns arise in catalonia. Well talk more about that in a moment we have news just out from the National Federation of independent business, showing Small Business sentiment dropping in september. The nfibs monthly index dropped to 103 for the month, that compares to 105. 3 in august. The group saying the immediate temptation is to blame the hurricanes in tex and florida but adds this is not case with Small Business owners across the country becoming measurably less enthusiastic but also points out the index is high by historical standards. Also in energy news, opec secret
Enforcement matter in the european union, based on a theory that goes beyond international rules, well allow you to file a lawsuit here and collect the money back. In fact, you can auction off the embassy of the country that sues you. We could do a lot to make it clear that were tired of this onesided debate in which we demand and they give a live, and we give a little more. Because they are threatening to hurt our industry. Its the wrong approach. We need to get much more tough minded. If i could add to that, i agree with the questioner in the main, but i also agree with stu. In the sense of, there is a whole lot of, oh, im shocked that theres gambling in this establishment going on. And there is certainly some hypocrisy, some double standards, and indeed, a lot of the stuff the nsa is doing is doing in cooperation with some of these governments. I dont think that and, also, and again, ive conceded as much, sometimes this is being used as an excuse to justify positions that were alrea