About 12 today. Another market master, ams evaluation 2 trillion for the first time ever. Tech was leading now 59 minutes left of the session and were essentially flat apple not flat. 2 trillion Company Coming up in just a few minutes, we will speak with White House National Economic Council director larry kudlow about the stimulus stalemate in washington the rising tensions with china and a whole lot more. Later rolling out the red carpet, ceo of amc theaters will be joining us with his companys plan to brink customers back to the movies its not going to cost you very much. Lets focus in on the big stories were watching in this final hour of trade. Bob pisani tracking the fed minutes. Joining us to discuss retail moves from pro forma starting with Broader Market weakening a bit off fed minutes. This doesnt happen very often. Usually fed minutes is not a market mover it was as wilf rentsched we lost points in the s p 500, thats noticeable given the fed doesnt move the market in the min
Continue on funding for u. S. Coronavirus response in house and Senate Negotiators are working on a total Funding Amount and the house is exciting to see a bill early this week with the Senate Taking it up after the house. Gary shapiros president and ceo of the Consumer Technology association and he is our guest this week on the communicators. Esther shapiro, what is the cpa and what do you represent . Guest is great to be back here. Thank you. The Consumer Technology association represents over 2000 American Technology companies and we produce the greatest, honest, coolest most amazing event in the world and that is the ces in las vegas. Host and will we will get to ces in a moment but who are some of the Member Companies . Guest everyone you check to see when you walk into your local best buy, walmart, but we also have sony and apple and you name it. 80 of our companies are Small Businesses but the 20 of the big ones we have everywhere from google to air b b to lift and the disruptor
Atmosphere. We will get details from microsoft president and cfo. We will look at what an internet pioneer sees in the decade to come. Now, after three years in the making, the u. S. And china signed phase one of the trade deal on wednesday. Chineset trump and officials put pen to paper for a deal that the president claims will have a Significant Impact on the tax world. Pres. Trump china has made enforceable commitments regarding the protection of american ideas, patents, and trade law. They have also agreed to confront pirated goods. Which is a big problem for many people in the room. Those people in the room with in the room being those of the likes of executives from micron, qualcomm, ebay, and others. I spoke to the director of digital and cyberspace policy on the council of Foreign Relations in new york. In washington, eddie collins. We have learned that the u. S. And china have taken the first step to negotiate some big imports into the u. S. In terms of china promising to commi
And after yesterdays selloff where we saw bond market selloff and the yields higher and the pressure on the tech stocks, we have a reverse. Some of the big tech heavyweight on doing a lefty doing the lifting on the day. The adp number showing that there is softening in the labor market and maybe the Federal Reserve and maybe the Federal Reserve isnt going to have to go so hard so fast. We are seeing big going flat on the day as the dollar comes down from what has been a rapid run up. Lets look at the individual players. We have seen tesla, the outperformer of the toys on the day. We are seeing palantir higher. It is getting close to clinching that important deal with the u. K. With the nhs. Zoom on the downside, one of the worst performers. It has been announced, some new products and analysts were critically overwhelmed when they try to compete with the microsoft. Lets go back to the crypto story. A jury has been selected, opening arguments are said to start today for sam brickman fre
Then hold on to our Massive Gains today . Howdy the dow end uproaring 619 points, s p pulled more than 3. 9 , largest gain since 2011, and nasdaq rocket 4. 25 . Where were all those sellers . Where did they go . Did they fin Senate Judiciary committee had they left the building for good . For starters lets speak to the whole random nature whats going on in this stock market these days. Of course were trading in lock step with the s p futures at the open. They rallied hard from the getgo today. After falling some 10 for the year, then they tipped big time in the middle of the day. Oh, it looks scary. Then they powered right back up. And then some at the close. Hows that possible . Ive even got some substantive things happening that are pretty positive but maybe more important some ethereal, mechanical, and purely emotional factors that could be at work here. First, in this environment, we always got to turn to china, right . Thats the primary reason for our stock markets action. While t