1 . The nasdaq, the tech heavy sector is making gains as well, perhaps having it turning positive for the first day in five. It will be interesting to see what happens with the nasdaq. Take a look at what is happening with the utilities. Those are outperforming, up about 2. 3 . Those are usually positively correlated with rates falling today. You are seeing utilities also gain. Lets jump into utilities a little more here. We are focused mostly on pinnacle west, about 4. 4 . They reported earnings today, and midpoint earnings per share of you did beat analyst estimates. They see tax reform as positive and are looking for about 1. 2 42019 and cap ex 2020. Investors are happy about that. We want to look at some of the semiconductors, because the Semiconductor Index is also outperforming here. Up about 1. 4 . Amd, downs are on about 1. 5 , but an analyst came out today and said he likes amd accelerating trends and growth both in pc gaming and cryptocurrencies should benefit the stock. Secu
China failed and the diplomatic approach from clinton, bush and obama also failed. The criticism of President Trump has started, senator feinstein doesnt like his bombastic language. Senator schumer calls it reckless. Overall sense of shock. America is waking up to something that we have not seen before, rogue state with sophisticated nuke and americas president responds, in the nuclear era this is unique. Financial reaction is unfolding. There has been a flight to safety, investors buying gold and u. S. Treasuries and some selling of stocks. This market is like likely to move. On this day august 9th, 1945 an atomic bomb was dropped in nagazaki, last time a Nuclear Weapon was used. Varney company is about to begin. North korea best not make anymore threats to the United States, they will be met with fire and fury like the world has never seen. He has been very threatening beyond a normal statement. And as i said, they will be met with fire, fury and frankly power the likes of which thi
Often than not. I was looking at the research group. 68 of the time going back 50 it. S, we see past performance does not determine future results, but you do see that pattern. Highs of the session right now. Again almost across the board with the exception of utilities. Thanks and Technology Lead the upside. Consumer and discretionary also help leading the gains. A lower than average volume we have been seeing is starting to change a little bit today. It is about in line with the 20 day average. That has been lower than the past 100 day average. That we are catching up today has a lot to do with a surge in volume in energy names today. A 66 gain over the 20 day average. There has been quite a bit of volatility. Russia meeting with the heads of has createducers some volatility. Oil is also rising to the highs of the session. Energy movers that we are watching in terms of the individual stocks being affected by the gains. A lot of the Services Providers are gaining on the day. The s p 5
Early conclusion of the tpp. Furthermore, on the aiib aiib in asia theres a tremendous demand for infrastructure. And the Financial System to respond to this is very important. On this recognition we see eye to eye 2009 china and myself and i think this is a point on which we see eye to eye between many countries. For japan to participate in the aiib is a decision which we have not taken yet. But to create such an enormous financial institution. And since this will have an enormous impact on Asian Countries as fair governance is necessary of the institution. In particular the board to review individual projects and to approve of this is indispensable. And sustainability. And the environment and society. And the impact of this should be considered. We need to secure this. Its not only about the lenders, but the borrowing nation zs. For example, various Infrastructure Projects may not be sustainable. It might have too much of a burden on the environment. If this is the case this will bri
Know how much it will cost taxpayers for the socalled navigators who will help to fill out. And from wall street to washington, and Varney Company is all over it next. S to room 12 please. [ garth ] bjors small busiss earns double miles on every purchase every day. Produce delivery. [ bjorn ] just put it on my spark card. [ garth why settle for less . Ahh, oh [ garth ] great businesses deserve limited reward hes your wake up call. [ male announcer ] get the spark Business Card from capital one and earn unlimited rewards. Choose double miles or 2 cash back onvery purchase every day. Whats in your wallet . [ crows ] now wheres the Snooze Button . Folks have suffered from frequent heartburn. Butetting heartburn and then treating day after day is a thing of the past. Block the acid with prilosec otc, and dont get heartburn in the first place. [ male announcer ] one pill each morning 24 hours. Zero heartburn. The latest out of egypt. At least 638 people are dead. More than 4,000 have been i