Day, even if stocks are going to the downside. The swings we have seen today are not the largest in recent days and the volume is also dropping. Volume on the s p 500 running more than 20 below the 20 day average. We have seen volume running a little bit hotter. A bit of applause on a couple a bit of a pause on a couple of different fronts. We had an uptick in range over the past week or so as we have seen these wild swings between highs and lows. When you have today where we have seen the trading range has gotten a lot smaller. Volatility is here to stay for a little while. We may not see those swings every single day, so we have a little bit of a pause. Where we are seeing interesting action is with a couple of dental supply companies. Health care is pretty active and with these companies in particular, Patterson Companies and henry schein, they are being accused by the federal trade tomission of conspiring undermine the ability of independent dentists to get lower prices for product
Al qaeda leaders as they plotted the 9 11 attacks. An afghan official says omar died two to three years ago across the border in pakistan. The taliban says the group will release a statement shortly. Congress will question pentagon officials today about that iran nuclear deal. A Senate Committee want to know how the agreement could affect the military balance in the middle east. Yesterday, secretary of state john kerry test of ride before a house committee. All makers from both parties sounded skeptical about irans promise not to build atomic weapons. Matt microsofts new operating system windows 10 was released at midnight. It sparked a surge of computer buying but that is unlikely this time. Still, microsoft Vice President told bloomberg that this launch is very important. This is a pretty significant launch for anybody who uses pcs and wants to get things done with technology. We have had big window launches that have brought in things like enabling the internet to happen. I think wi
Clapper reiterating the lack of evidence of collusion between russia and the trunk campaign. The electronic spin on sites could soon expand its u. S. Officials reportedly considered adding restrictions on larger devices to both europe and the u. K. Grandpa stressed the action. So for earnings for the s p up 14 . Disney, the company set to report after the bell today. Analysts expect earnings of 1. 41 a share. 111 and change. Red america looks like this. Again at the opening trading. Investors at 20point yeah volatility is up with something to wch today. The volatility index closed at their lowest level since 1993. Europe stocks are higher. Kids across the board are two thirds of 1 as it did the eax index in germany. Overnight markets were mixed. The cost be in korea closed president ial vote. The first trillion dollars company. High expectations of apple. The market cap 800 billion yesterday. Join me to talk about it, dagen mcdowell. Wall street Global Economics editor, jon hilsenrath.
I mean, up or down. Lets just see. The european markets have been open for some time. There we can give you some actual answers. Also, well, largely down other than the ftse in the uk which is up. But no great moves there. Thank you for italy and spain in the control room. I like to see a broader picture other than the big three. As for crude oil which we go to next, 2. 276. Wti back above well above its kind of a stealth move there a little bit. Thats all talk ahead of the opec meeting. Hot air . Yeah. The saudis have cut back by 500,000 barrels because the u. S. Is increasing by that much in if next four months. So interesting. Well talk oil during the show but lets start with retailer. Two are falling sharply. Tiffany with a surprise drop in samestore sales and lowes also missed on its top line. Plus, were awaiting a new outlook from the fed. The u. S. Futures are more or less flat after the longest winning streak is extended. Over in china, a downgrade. Moodys lowers its rating on
Run on a cumulative basis has been small. Performer,is the slipping the roles between the dow and the nasdaq that we have seen over the last week or so. The vix is down again, volatility down below 10 today. Points out if you are looking volatility, their places to find it. You can find it in individual stocks, but you can also find it relatively in europe. European equities more volatile than here in the u. S. Looking at the 20 day realize volatility for the s p in blue, its been going lower and lower, and for the s p 600, the stoxx 600 in europe, in yellow. The biggest gap in volatility that we have seen thus far in 2017 with european stocks being on a relative basis, more volatile. Where we also find some volatility is in technology. We have a move today with the nasdaq and the nasdaq 100 specifically, seeing its biggest oneday gain going back to july 19. It hasnt been that long, but its been quiet on the tech front until this most recent gain. Some of the bestperforming stocks in t