What happens after yesterdays big move the dow down yesterday by 2. 1 the dows worst performance going back to may 1. A lot of this was happening as we were getting comments not only from Stan Drunkenmiller and dave tepper talking about his concerns about this being the second most overvalued market he had ever seen. Comments from fed chairman jay powell all of those things adding up saying what do we need to worry about and where do we need to be concerned . Watching the treasury markets, you will see the yield for the 10year right around 0. 61 so that is with a little more pressure. Watching wti this morning, you will see that is up about 5 i think it is 2r5iding near session highs of 26 a barrel. Andrew thank you. Every day, we have a huge show another big one this morning what is on the lineup this morning. The ceo of verizon, New York Times, mohammad eleran to join us and eric schmidt who will be working with the governor of new york states and work places looking to him and that
One Company Lighting up the way to walk on in, we are going to introduce you to healthy lighting which uses uv rays or at least a certain part of the uv ray to kill viruses and bacteria all around the workplace and stores. This is a fox business exclusive. We are going to show you how this works. With much of the nation still on lockdown we have a threeway merger assuming ahead of the eSports Gaming landscape. Engine media filling the void of live sports, pitting real champion drivers against the top gamers in the land. We have a first on fox business look at the unique new company thats gunning to win in esports news and streaming. Plus carnivals booking bonanza, a barrons investing hall of famer makes his postpandemic picks for you, and charlie breaks it on pro baseballs plan to get back into action. Less than an hour to the closing bell on this monday, so glad youre with us, lets start the claman countdown. Liz lets go, tribe. Breaking news. Major League Baseball owners have approve
Sometimes its as simple as looking under the hood and find out whats working we created the cramer index. We wanted to capture the zeitgeist thf market while the averages were all over the map today, nasdaq gaining. 78 , what happened . The covid index shined not unusual. It was up 1. 7 dow gained 6 since we created in april, leaving the dow and the s p in the dust. The reason because when it comes to the pandemic, the components of the cramer covid19 index are part of the solution, theyre not getting hurt, theyre helping. And thats a big difference versus much of the s p 500 we have a lot of stocks that are coronavirus road kill. Lets take a look just to be able to show you what im talking about when i say the zeitgeist. Why dont we take the top ten performers once we started i want to show you how the 11 trillion index captures the market peloton interactive, people think thats interactive is cool like this 90 of the float sold short. But this maker of connected exercise machines is
Kited about the settle down about the record run so much ahead. But we begin by taking a page right out much a christmas carol. We need wilfred to do this all year long, the markets have been seemingly haunted by three ghosts but this week we have watched them disappear one by one. First, the clarity that the fed will keep rates where they are throughout perhaps all of next year next last nights uk elections gave us clarity on brexits path forward. No more questions. Its going to happen and this morning, perhaps the biggest specter of all over the market, trade and relief on tariff and more ag buying from china. Sending the worry packing. Mostly because nothing is quite signed yet with these market ghosts gone, effectively, tim, what the dickens are we to do. Oh, wow, i dont know how to respond. Especially when you how about good job sufficientlien i think Charles Dickens could have written up a nice tale that led to a happy ending. And you can make an argument weve had the happiest of
Google is launching its streaming Gaming Platform called Google Stadia today. The platform offers games on a subscription basis that plays from googles servers. This means there are no discs, physical media or devices involved and the games will play on computers, tablets or mobile phones. Stadia will launch with 22 games, which some critics say is not enough, but its still almost twice the amount initially promised. As it relies on the internet to work. Many areas where connections arent up to speed will not be able to use it. It will be available in m countries from today, with more coming in the next few months. Some have balked at the price, the 129. 99 premiere edition will include a stadia controller, a chromecast dongle, and three months of stadia streaming. A free to play version of stadia, with a lower resolution, will be offered at a future time. Googles Vice President , Phil Harrison is confident his firms new venture will work. Google stadia is a new generation Gaming Platf