Its 46 waiting to apple, amazon, microsoft, facebook, and google. We are seeing the worst case fear on the part of investors that if those names go down it will take the market. We are seeing that split between the s p 500 and the nasdaq. Small caps getting a bid, which did not happen yesterday. David speculate with me. How much of this is the real world . We have the big european fiscal bailout approved yesterday. We are talking today about one in the United States. Is it possible this is reacting and stocks would do well if there was a recovery . Abigail i think this has more to do with trading and technicals. When you look at the rotations, there are many rotations going on week after week between the different sectors. It does not fit into one bucket , and lestlogy investors think one week unless investors think one week recovery. Where we have real euphoria is silver, up 60 . Gold lagging behind on the year. Gold is leading. It is not stocks that are getting a huge big rally out o
Give us a sense of the area. Its a very strange vibe on the streets here admittedly. People are having a bit of difficult time just remember images that we saw come out last night and its the first time that weve seen in the protest already mass attackers coming after protestors and they were beating them pretty savagity with a baton. And it really added a bit of a new dimension to a pretty fast that until now, weve been watching over the past seven weeks and been surprised by the momentum it sustained and surprised the fact that carrie lamb is continuing to maintain ground. David carrie lamb denied the attackers on the protesters came from the government. Is there a sense that the government is behind the attacks . They did really attack the protesters. You know, that would all be speculation at this point. She and the Police Commissioner had a very somber press conference that came out with a lot of officials. And they really dug their heels and they said that these attackers were no
chris jansing picks up our coverage right now. good day, i m chris jansing in new york city. happy memorial day. and welcome to a special edition of chris jansing reports. the agreement on the debt limit is not done but is done but the fight s not finished. the white house and the speaker s office now in an 11th hour push to pick up every last vote in congress, trying to make sure their big deal doesn t go bust, but today is also about putting politics aside and honoring the men and women who have fought and died for this country. you might have seen the sombering images out of arlington national cemetery where the president laid the wreath and delivered that memorial day address. also this hour, a second memorial day address. one you ll only see here on msnbc. this one from president zelenskyy. as he salutes the americans and ukrainians still fighting for freedom. that is just a few minutes away. but we begin with the intense pressure of step two of the debt ceiling deal
iowa. perhaps equally stunning, no deaths have been reported, although one woman is missing. the latest from the scene coming up. it was a missed chance for change in turkey where erdogan has been elected for an unprecedented third term. what that means for the people there and for authoritarian rule worldwide. but we start with two days left before the house is expected to vote on a deal to raise the debt limit. brand new details emerging about the political hill still left to climb, not just republicans, but democrats as well. ro khanna, a member of the house progressive caucus said a large majority of the house democratic caucus is still in flux, not sure how they re going to vote. the first step is getting the bill past the rules committee. at least three committee republicans are expected to oppose the bill. it will take democratic party support to keep it alive, something speaker mccarthy was asked about just a couple hours ago. that was nbc s julie tsirkin. she
self-righteous as session above the people that she was elected to serve, the people that are elected are public servants. in many ways she showed utter contempt of the people in her own state and they did not like it one bit. and oddly this led congresswoman cheney to align with the very same democrats, i find this the oddest thing of all who called her own father a war criminal. look at what they did to scooter libby, his chief of staff, called her father a murderer, a crook for working on halliburton. the very same people that smeared her family for decades, and then there were people like myself who defended her father and people like scooter libby and we are now just dismissed as unethical without any principle, values whatsoever. would clearly rather have joe biden and democrats in charge of the country with all of their destructive policies, it is more dangerous than ever. instead of donald trump. the people of wyoming disagree with her and the numbers, they speak for