At one point the dow was actually up triple digits. The closing numbers, the Dow Jones Industrials Dow Jones Industrials added 56 points to 20,663. The nasdaq rose 43. And the s p 500 was up eight. Bob pisani spent the day at the New York Stock Exchange figuring out why stoc [ bell ringing ] reporter yesterdays selloff was a oneday event, at least so far. Traders had been nervous going into the open because yesterday a lot of big institutional traders were selling stocks. The concern was that the big players would continue to sell today. That did not happen. Wall street strategists also do not appear ruffled by the wild ride yesterday. None of them were taking future stock gains, at least not yet. Jpmorgan told clients they were still raising earnings estimates because corporate guidance has really been strong. Elsewhere, an accident in times square in the middle of the day that caused the death of one pedestrian caught the attention of traders. But it does appear to be an accident and
Singing today. At the cnbc offices. And apparently soon around the world. Karoke day in the news room at cnbc. By the way, can you shoot just look. Its fleet week as well here. Wave, everybody, guys, say hello to america. There you go. So we got Barry Manilow, fleet week, and the whoop whoop will be coming up in 30 minutes as well today. Adjust your volume. Theres other news too, though. We have to get to it this hour. Bmw and volkswagen caught in the cross hairs after President Trump slammed the german auto makers. Whats behind the harsh represent reck coming up. The ceo of netflix said its biggest competitor is sleep, remember that . Now facebook could be trying to give netflix a run for money as well. Details on that story coming up a little later. As amazon and alphabet crawl towards 1,000 a share, we begin with stocks in that prestigious 1,000 a share club, dom has theres only one stock, other than berkshire hathaway, right . Of course. The 1,000 stock club is verified, for sure.
To know in the massi memo, because information is power and the property man has got you covered. [ woman vocalizing ] thanks for joining us. Im bob massi. If youve ever looked around your house and thought, you know what . I need to downsize, well, youre not alone. But more and more, well, people are taking that to the extreme. Tiny houses im talking 95 to about 170 square feet are becoming more popular. Theres even movies and tv shows about them. The kitchen, the living room, the bathroom, its all included in that small Square Footage that, for most people, is the size of their master bedroom. Theyre usually mounted on 20to 27foot trailers and can be towed pretty much anywhere. Someall it a movement. But it seems clear that ny of those deciding to live tiny, well, theyre doing it as a direct result of the housing meltdown. They just dont want to spend their money on things like mortgages and be saddled with debt anymore. Mario soto lost his home in the financial collapse. I lost ever
To know in the massi memo, because information is power and the property man has got you covered. [ woman vocalizing ] thanks for joining us. Im bob massi. If youve ever looked around your house and thought, you know what . I need to downsize, well, youre not alone. But more and more, well, people are taking that to the extreme. Tiny houses im talking 95 to about 170 square feet are becoming more popular. Theres even movies and tv shows about them. The kitchen, the living room, the bathroom, its all included in that small Square Footage that, for most people, is the size of their master bedroom. Theyre usually mounted on 20to 27foot trailers and can be towed pretty much anywhere. Someall it a movement. But it seems clear that ny of those deciding to live tiny, well, theyre doing it as a direct result of the housing meltdown. They just dont want to spend their money on things like mortgages and be saddled with debt anymore. Mario soto lost his home in the financial collapse. I lost ever
To know in the massi memo, because information is power and the property man has got you covered. [ woman vocalizing ] thanks for joining us. Im bob massi. If youve ever looked around your house and thought, you know what . I need to downsize, well, youre not alone. But more and more, well, people are taking that to the extreme. Tiny houses im talking 95 to about 170 square feet are becoming more popular. Theres even movies and tv shows about them. The kitchen, the living room, the bathroom, its all included in that small Square Footage that, for most people, is the size of their master bedroom. Theyre usually mounted on 20to 27foot trailers and can be towed pretty much anywhere. Someall it a movement. But it seems clear that ny of those deciding to live tiny, well, theyre doing it as a direct result of the housing meltdown. They just dont want to spend their money on things like mortgages and be saddled with debt anymore. Mario soto lost his home in the financial collapse. I lost ever