Solidly higher, all in rally mode with the dow up more than half a percent, and the s p 500 up, and nasdaq up the most at 9 10 of 1 . For the dow and s p 500, the tech heavy nasdaq up for the first time in five days, putting in weekly gains, and this week we have had the pattern of bind the open and selling the close. Back to last friday, the pattern started last friday of the s p 500 higher midday only two fall. Todays trading higher during the day and finishing lower yesterday, recite a dramatic reversal with highs up more than a percent. We see right now the s p 500 flirting with that top trendline so it will be interesting to see whether or not buyers can hold on. One source of bullish tailwind, rates trading higher. That has been the case more recently when rates are trading lower the has been a tale stocks. Tailwind for that is the degree of sensitivity, but in the last five days we have had strength. There was also a bullish the apartment of energy report, and this was interesti
It is friday. S, looking good, quiet, one accident left, constrtiamp out there for sure, definitely lot chillier this morning than we were this same time yay cool down began yesterday, still at this point in the morning in the 50s in a lot of got, wet weather moving through, now that the chill has gun to settle in, totally ser still just warm enough, that it is strictly finding but however go far enough north, dry at the moment, if any enough north there could east be freezing in the poconos, still Winter Weather advisoryp n into berks county. Look at the difference, though , you have now substantially ine places where the cold air had alst 20 degrees cold nerveame millville. Definitely notice that it feels much more like winter, wae door this morning, so you have got 40s, 30s, 20s to the regl yourself waking up but still have showers could ends up with some minor icing. And i did not like it. Good morning, everybody, hand i friday. So looking outside to some construction, so schuylkil
Good morning a very warm welcome to Worldwide Exchange on cnbc im wilfred frost. Lets check in on the Global Market picture and futures this morning are looking at a positive open. We are higher in the premarket coming off a day where we did see gains for the dow and the s p. But we closed well off the days highs, both indices coming into today down about 1 week to date yesterday the nasdaq was lower fourth negative session in a row. But only slightly lower. Such that week to date its down just 0. 4 . Today, as you can see, up significantly. The dow is up 187 points s p up 16. Nasdaq up 45 points. Coming into today all 11 sectors of the s p are Lower Consumer staple is the worst performer, down 3 we saw yields rise at the start of the week and pull back, but today tenyear above 2. 9 . We spiked at the start of the week and just have come back a bit. Asian equities, its been a negative week overall, just seeing a bounce today. Up about half a percent or so for shanghai but hong kong and
Won, i want the gold i watched a couple hours of it unbelievable, right . Im still trying to understand you try to get it in the center thing or not you want to new york the other guy out. Whats the hammer if you have the hammer. I dont know the terminology come on i know we won by knocking them out those guys are intense. This guy has been there for several olympics when the guys get what is he called . Who does the pushing . Yeah. They score. Hes like 9 or something. When the guy on the other side is holding the brush i think theyre getting rid of the friction in between to make sure it goes the right direction. I know, but the guy at the other end, he is not moving, theyre aiming it . Theres a lot more skill involved than we have given them credit for yeah. And what if theyre running down and a foot hits is that a technical they have to be careful it is slippery theres a deal breaking not a curling deal. General mills buying blue buffalo for 8 billion in cash or 40 a share. Blue buf
Well, growing number of companies are distancing themselves from the nationl Rifle Association ending discounts and other membership benefits. Let us now how you feel. Should companies boycott the nra. You can vote on our live poll abc7news. Com go to the website and click a thumbs up and thumbs down. We will leave the voting open while we bring in Lyanne Melendez live in the news room. Reporter would you believe me if i told that it is not always clear that boycotts have an impact on the companys business. Caught in the middle of an angry debate. The First National bank of omaha cut ties with the business. Flag ship win club called the american sellers wine club. It is described as the nra wine club. The company did not respond to a request for comment. One company that did break ties was simmanic saying they have stopped their Discount Program with the national Rifle Associations. Others have done the same. San francisco supervisor has led corporate boycotts in the gay rights fight.