Employees are walking off the job after the ceo barred political activism at work. We will have a live report. Venture a longtime capitalist who just took his company opendoor public dont just for look at public and private markets amidst a pandemic and an election. First, stocks climbing on speculation a stimulus plan will get done. Doolittle, walk us through the Market Action today. Abigail something a bit new today, thats the fact that markets were relatively calm, although the word relatively is important. We did have a bullish ending for stocks, the s p 500 finishing at its best level since early september, and for the most part stocks were higher all day. There was one little wobble late in the morning here on the east coast when speaker of the house nancy pelosi said she wont accept a skinny deal on the airline stimulus are bailout for the airlines unless it is colluded included in a bigger deal. Action withe more the dow transport, another. 8 percent. About then that headline c
What caused bitcoin to plunge 1,000 bucks in minutes and the surprise winners and losers of the first democratic debate and what big topic surprisingly was missing its thursday, june 27th Worldwide Exchange begins right now. Afternoon, good evening and welcome from wherever in the world you may be watching. Im Brian Sullivan futures are higher on the dow. Your chart of the day already on this thursday has got to be bitcoin. If you have not been following it, its been a crazy 24 hours for the crypto all right. This is an intraday chart. 24hour chart of bitcoin yeah bitcoin right now is down 991 all right. We surged past 13,000 here almost touched or basically did hit 14,000 then news that the biggest bitcoin exchange, coinbase, had crashed. Nobody was able to trade on coinbase look at that in minutes, bitcoin fell to about 12,000 14,000 to 12,000 in minutes. Kind of tried to come back now weve been sliding throughout the Early Morning bitcoin down 7 or 1,000 a coin to 11,921. More on th
The nasdaq up by 19. Lets look at what happened overnight in asia. The nikkei was up by 1. 2 . Hang seng was up sharply it was up by 1. 4 . The shanghai was up by 0. 7 . In europe, the early trading thats taking place there, you will see a mixed picture the cac and the ftse both down by a third of a percentage point. Dax is flat. Stocks are higher in italy and weaker in spain. Then in the treasury market, if you want to check things out, the tenyear actually staying at 2. 045 President Trump arriving in osaka, japan moments ago just as the wall street journal came out with a report suggesting that progress on a trade deal Kayla Tausche is there on the ground she joins us with the latest this morning andrew, its President Trumps third g20 summit as president. His third visit to japan as president. And perhaps the highest stakes yet as he holds several bilateral meetings, not the least of which with president xi jinping where we learned that the wall street journal is reporting according
End down today, it will probably still be a strong july wall streets eyeing what would be a fivemonth winning streak thats very impressive. It is we have some downgrades today on the research front. Ford, ge, csx, u. P. S. , salesforce, thats just a few. We will dig into some of the reasons why. And twitter left its heart in san francisco, but elon musk saying the newly branded company, x, will still call that city home despite its downward spiral, as he says ill be out there next month. You will . Well, september, for dreamforce oh, dreamforce. Im a big believer in the city, and i was out there in september and was i dont want to say i was horrified. But its mnot the city that i remember were going to talk more about that, but i want to get to the markets as we start our coverage for the week. Today is our last day of july. As we said, fifth straight month were coming off what was a fairly strong week sure. And what seems to have been generally speaking, and of course, we got a lot mo
Right now are hunting high and low for a catalyst to push the markets to maybe a new record. Right now not having much success. The dow, which lost 96 points at the closing bell yesterday, is down another 85 after squeezing out ap an 8point gain yesterday, the s p 500 losing 10. The nasdaq at the moment down 81. The russell, both of these also saw points added on the board tuesday, but now theyre looking at goose eggs or worse. Nasdaq down 80 points, the russell 2000 down 10 points. Now, the bulls might not have to wait too long to find what theyre waiting for; that is, if salesforce comes in with solid earnings, they report quarterly numbers after the bell. This could be an Artificial Intelligence market driver. I mean, maybe not on the same scale as nvidia perhaps, but with why salesforce . Lately salesforce has been leveraging its a. I. Driven einstein copilot platform which enables customers of theirs to multitask and and get work done through conversational means. Ahead of the rev