Not quite as thrilling after day as we had yesterday. Ashley connell it, would be hard to repeat. S p and nasdaq dropping because of a covid 19 vaccine fading a little bit. Investors pull out money from the tech companies, that benefited most from the pandemic. Look at the dow and s p and nasdaq down. I want to get tech stocks red across the screen. Microsoft, facebook, nvidia, Big Semiconductor conductor down 6 . Adobe systems down 4 . A lot of the stocks higher on the year but a victim of the rotation of money out of tech. If it is coming out of big tech where is it going . Lets take a look. Consumer defensive names. Companies likes walmart, costco, target, proctor gamble. There they all are. Weve gone from a red skeen to a green screen. Target, all the others also higher. Industrial stocks giving boost from a csx railroad gaining more than 3 as did ge, right around 3 . Raytheon up 4 1 2 . We should mention boeing, gaining more than, well, see in the final analysis 5. 2 . It was up m
Market up 12 points, the nasdaq up 42 but the dow down 27 and it was wound and turned down to stocks, intel as well as american express, dont miss on earnings, revenue from intel datacenter, customers disappointed, what are the issues plaguing the company and mainly only intel, rival imd closing 3 higher, it mistreats estimates for capital one arrival card issuer, not that one, rally today, we have encouraging news on the coronavirus, not only gilead remdesivir with the first fda approval, but astrazeneca will resume the vaccine trial right here in the u. S. , it was good news but not good enough to raise the losses for the week, lets take a look the dow and s p 500 down for the first time in four weeks, the nasdaq down in five weeks, each off about 1 . Apple, not helping out, even though the iphone 12 is on sale, the cameras, faster chips, some of the models will start shipping today, i dont know if you have any interest, investors did not seem to buy apple today. Jackie thank you so
Market. President trump intensifying already intense travel schedule eight days before the election. Where is joe biden. Liz peek calling his very bad week. The senate will confirm amy barrett to the Supreme Court today. She was impact immediately on everything from health care to the election. All that and so much more on making money. Charles so last week the stock market struck gelled to gain traction, right . We saw it every session. Despite amazing earnings ruts with revenues and earnings significantly above the historic average in terms of beats, positive guidance is at a record high. It has never been that high. Were stocks priced for perfection . We saw the headlines. Theyre blaming soaring covid19 cases. Fading hopes for fiscal stimulus, all for the market which stumbled big time out of the gate and hasnt recovered. There may be Something Else at play although i admit i cant put my finger on it. Investors are bracing for the super bowl on thursday, biggest names report electio
Minutes of trading. President trump about to address supporters at a Campaign Rally in california which is about four hours north from where we are in miami, his opponent joe biden is in another battleground state pitching the Healthcare Plan to voters in michigan. We have fox Business Team coverage of her top stories with blake burman standing by the white house, we start today with jacqui deangelis and the new york newsroom as we wrap up with a volatile week on wall street. Good afternoon connell, two out of three bad of what weve seen weve seen three Straight Days of losses for the dow was positive for the week and you mention the retail sales, t 2 jump, the optimism was important because it speaks to the consumer, also you have vaccine optimism weighing over the stimulus pessimism in the dow roughly 3 below its record closing high back in february, its pretty remarkable when you think about that. Today was industrial stock, the healthcare stock that led the way were so used to focu
Competing candidates townhall forms, joe biden may have got the better of the president s ratings, ive not seen an official reaction but the dueling in separate separate town halls got a little heated. Take a look. The president was informed how dangerous his virus was, americans dont panic, he panics. We were expected to lose 2,200,000. You were asked pointblank to do now White Supremacy. Id noun White Supremacy for years, you did not asked joe biden whether denounces antifa. We are hearing the senate is busy not only dealing with the nomination of judge barrett but separately taken up the issue of jack dorsey, they want the twitter ceo to come and talk to the committee and he will not do that voluntarily, they will issue a subpoena to make sure he does, in the meantime, the cool front in all places happening in West Virginia, the hyper loop one, supposed to be the future of modern transportation, they have this and brought in europe and asia but nothing quite like this, we will explo