Would be a market improvement from these wounds that we experience, there is so much tension in the air, im going to try to cut through it, the good thing i have some of the best to help me, President Biden meeting with the japanese and korean counterparts, how much will they callout china if at all, the counteroffensive is failed, what is next for ukraine, did elon musk kick bitcoin to the curb, Natalie Burnell joined me in studio, really beating the peak time of consumerism, see the latest example of the nation addictive to spending way more than they have, that is my take, all that and so much more on making money. Charles i decided to dedicate today show to petra belgium draft horse considered to be the Strongest Force in the world because 2023 has been all about the rare breeds that have carried the stock market and now of course they look vulnerable, i want to get overseas were the biggest stocks in europe is be dismantled, this headline youre looking at is a reaction to this com
About the fed anymore. All engines go. Thank you very much, im Charles Payne this is making money. Forget taylor swift, folks, this stock market taking their cues from 60s rock and roll. It is loud, uninhibited and infectious. It is easy to get lost in the groove and you can make big mistakes but the big one is not being in this market. Bob doll, ed yardeni, they will tell us what they expect. Shah ghailani is sharing what he buys on dips. The the pedestrian approach still workss in this environment. Nicole has a plan. Rand paul taking on President Bidens 7. 3 trillion budget. Something tells he doesnt like it. You dont want to miss my take way on the widening dills connect between the wall and main streets. All that and more on making money. You know that it would be untrue, you know that i would be a liar charles you remember that. That is a classic, right . So in the i the in immortal wors of jim morrison, you know it would not be true, i would be a liar if i told you we couldnt get
Why everybody wants to be here the land of opportunity and amazing country, never forget that. I am Ashley Webster and for liz claman read we begin the final hour of trade with the fox market alert, e dow aiming for a record close keep an eye on this it must finish up more than 126. 04 points, mark that down, if it does thatll be the 15th record close of 2024, just a little short as we head into the final hour of trading. Any gain for the s p 500 would also be another record. Its been floating right around the mark there bobbing up and down negative, positive weather weekend finish in the green at the end of the day. Receiving gains from energy names including Valero Energy which is also on track for a record close up 5. 5 , the u. S. Energy sector is rallying with oil with russian refineries, those gains in their counter active in the dollar tree and the fallout on the story a little later in the nasdaq and the red, slightly on beauty day of trading to be fair in the tech stocks marve
It. Good afternoon. We begin with fox market alert. As we kick off the final hour of trade as investors expressed concerns over inflation, cautious ahead of the fed meeting and markets pricing in 99 chance of a pause. Traders will be listening to fed chair Jerome Powells press conference, with any hint of a rate caught timeline. Dont hold your breath on it. What else is driving the declines . Big tech is another one taking a breather under pressure for rising bond yields. Microsoft, amazon, salesforce, cisco, ibm, all those names are lower at this hour. Microsoft down 2 . Lets look at the Creative Software player adobe, on the nasdaq and s p after providing week quarterly revenue guidance. That will always do it, stock down 14 or close to it. Adobe taking a bit of a beating today. With todays retreat, the s p and nasdaq dipped into negative territory. Look at the dow, pretty much on the even line, it will be negative for the week and the s p down slightly. What is going on . Lets get s
Thank you. Did you see how i perked up, great stuff. Thank you so much. Im Ashley Webster in for liz claman. We begin with the fox market alert stocks mostly lowered to kick off the week. The s p 500 and the nasdaq extending last weeks decline really the market treading wa water, theyre down reversing course up 40 points or there about coming off the worst week since october, the s p 500 and nasdaq also went off the lows of the session of the sour but still on pace to post the backtoback losses. Investors are cautious ahead of key inflation data this week we have cpi tomorrow, ppi on thursday and as we know those are two important measures that the fed will watch very closely as it decides what to do with rates, lets talk about nvidia also under pressure after posting the biggest oneday loss since may that was on friday shares are up 75 this year. Nvidia leading the way in the a. I. World nvidia in the magnificent seven as well, j. P. Morgan today downplaying concerns over a bubble in