announce the launch of its 5g. power lunch starts right now tyler, thanks let s look at shares of apple. remember, they were up 6% yesterday. they were down about 1% as the iphone event began last hour they are now down 3.5% so you really took a turn lower in the last few minutes there. josh lipton is standing by as the event continues. josh the event did begin here. four new models so far introduced so apple is saying the latest and greatest technology, billing it as the smallest, thinnest, lightest 5g phone in the world, that s at starts at 699 and then the next model will start at 799. then there are those that want the most cutting edge technology for them apple offers the iphon 12 probe and iphone probe max. they re powered by 814 bionic chip that should mean a real boost in performance. new camera system in these phones that s very important to consumers. new wireless charging system as well it not just iphones either they also did announce a smaller, less expensi
daydream look in your eye and i ve got that red lip welcome to power lunch, day before thanksgiving. tyler mathisen here. green on the screen. look and behold, green on the screen as we head into thanksgiving stocks are higher. only making a slight dent in the losses in the past two days, however. today s gains are pushing the s&p 500 out of correction territory for what that s worth but the nasdaq still, folks, even despite 109-point game in correction huge rally for oil crude up about 4%, recovering a lot of its losses for the week energy, communication services, consumer discretionary shares among the best performing s&p sectors right now. contessa i m contessa brewer let s get straight to the action this hour, seema mody tracking the big movers and looking at the prospect of a major market catalyst fading. mike santoli on why this appears to be an orderly sell-off. and fueling fears of a slower economy that s keeping consumers on edge. 176 points, some of the ma
mind and what he now tells his children only on gma this morning. get by with a little help from my friends and hand in hand, the massive turnout across the country, stars from los angeles to nashville to new york. when tough times hit, this is who we are. thousands of you jumping in donating more than $40 million and counting in less than 24 hours. do not give up hope. the incredible effort and how you can still help this morning. whoa stand by me darling darling i love that. we do say good morning, america. what an incredible night. so many people joining together to support those affected by hurricanes harvey and irma. they were right here in our little old studio and all across the country. it was amazing to see thousands of you at home opening up your hearts and your wallets to help those in need and guess what, the hand in hand telethon has raised more than $44 million so far. the money is still coming in and the need is still so great. we re r
of course spain and italy, we always like to have them when i m doing this part of the show. but we don t this morning. italy a couple percent. thank you, sara. as for the ten-year note yield still hovering around that 2.5 yeah, there we are, 2.54 we call it this morning and crude down about 1%. let s get to the roadmap on this friday before christmas, and it starts with the trump twitter bomb. defense stocks on the move after the president-elect pits boeing super hornet jet against lockheed s f-35. investors are taking notice. going nuclear, russian president vladimir putin responding to president-elect donald trump s call for a nuclear arms race. and where s the santa claus rally? come on, it s that time of year. futures are plunging to a lower open as we see from dow 20,000. but the dow does remain on track to match its longest weekly win streak in two years. well, lockheed martin shares are falling as you see right there in the premarket. this after presiden
using a stock tool that says, yes. me list yashgs after sulissa go out on a shopping spree. but if you choose wisely, there could be some money to be made. now using a quantitative tool looks at market action. we looked at past occurrences when the retail etf has fallen 7% or more within one month as it just has. that has happened 12 times since 2009. now no clear signal for the xrt itself about half the time it continues to lose ground. but we did find some good individual stocks. now as for macy s, nordstrom and jcpenney, they only post rebound gains of 67% of the time. but when they do rebound, they re good for 2% and 3% average returns sprerespectivel. there are special i dty and dist names. the names are more reliable bouncing back one week after the xrt loses p 7% or more within one month. so look for names like tjx and ross stores. head over to cnbc pro for more on other parts of the consumer sector that tend to bounce back. all right. thank you for the data dive.