To see everybody the dow did get to 29942, that is an alltime intra day high. Fell back a bit off that, a better than 400point game for the dow, s p better than 1 , nasdaq a little shy of that and then the small caps all the way to the righthand side of your screen banks, travel and leisure stocks leading the way. Some of the stayathome stocks. Theres the possibility in the middle of december the Federal Reserve steps in and provides further stimulus to replace whats missing from fiscal policy makers i want investors to give consideration to who potentially would be the treasury secretary. And, lastly, what will incoming president elect bidens policy be towards the chinese i think the reintroduction of a favorable relationship is a positive one so there are many catalysts coming as it rates to the reopening of stocks, you could look at financials and energies, but the one sector that stands out to me as the opportunity is industrials it screams high in terms of return on equity, its go
Youtube segment. The coronavirus remains front and center the u. S. Reporting more than 90,000 cases in a single day for the first time ever. 59 minutes to go in this session, the week, and the month. We are down 3 on the nasdaq today. Ahead on todays show we will speak well break down all of these moves and speak with dan niles and see if he is buying any of the tech nims names on the dip. Lets get first to the market. Mike santoli is tracking the action for us. What stands out . Just in the last hour or so, the s p 500 did go back down and test this level everybody has been watching. We have been pointing it out all week basically the september lows, 3,230 and change we did hit it on the nose. It was a little bit of a tag and then bounced off that. Thats what a test looks like. You dont pass every test. Keep that in mine. It is also the june highs. Also the break even level for the year so there are understandable reasons why people are clustered in this area and decide whether thats
The candidates key messages. Stocks finding strong footing after a recordshattering Third Quarter u. S. Gdp report and word that Speaker Nancy Pelosi and treasury secretary Steven Mnuchin still have the stimulus lines of communication open. But the major indices are still far from recouping this weeks losses so far. The dow at the moment up 270. That is a 600 point swing from peak to trough and back up again. The nasdaq up 234. Could all of this change either up or down in an hour, when americas tech titans report earnings . The three tech ceos who faced congress yesterday face shareholders today. Our tech panel with what to watch ahead for facebook, twitter, google, apple and amazons Quarterly Reports. As the coronavirus cases spike, we have the chipotle ceo on how his restaurant chain is preparing for the second wave. Plus, when are quesadillas coming back on the takeout menu . Can we get to that . Hes coming up in a fox business exclusive. Weve got this. Investors are waiting with b
News cribber john solomon are here, joining me in the you 8 0. Earnings season rolling of on. Big banks on deck this morning. All the numbers as soon as they hit the tape and impact on markets. Broader markets pointing to a gain at the start of trading, dow industrials up 84, nasdaq up 28, the s p 500 up 10 o 10 poin. Yesterday stocks were sluggish over weak Quarterly Earnings and halted covid19 vaccine trials. At the end of the day, the s p 500 was lower by 22. Shiny now apple, the Technology Giant unveiling four new iphone 12s ss for your convenience. Coping tips from outer space, astronauts have isolation advice for the weary public and its making a buzz this morning. Mornings with maria is live right now. European markets in the green, take a look. The fq100 up 14, the cac is up 1 andahalf and the dax index higher by 15, fractional moves this morning in europe but to the upside. A mixed story overnight in asia, as chinese president xi jinping is calling for young People Living in h
Score lately what one new study is saying about the American Household and it may be good news for you on this monday, october 19th. This is Worldwide Exchange. Good morning, good afternoon, good evening, im Brian Sullivan thanks for joining us to kick off your week. Heres how things are looking to start this new week. Futures are solidly higher dow futures up about 135 points. Its a big autumn so far the nasdaq and nasdaq 100 coming off the fourth straight winning week both now up around 4 since the beginning of october small caps, they continue to shine. The russell 2000 up more than 8 on optimism for more stimulus as well as hope for a domestic economy rebound. Check this stat of the day out in the s p 500, 60 stocks are up more than 10 this month the best of the best is tapestry, tpr, the old coach retailer on the more macro front, another huge day for speakers from the federal reserve. Chairman Jerome Powell will make remarks along with three other fed speakers actually five other