Now. Thats a gain of better than 800 points, 2950 a key level for the s p, were slightly above that with a gain of 3 . And the nasdaq, where so much strength has been of late, 2. 3 higher, 9230, russell 2,000 having a big day as well kevin oleary, 2950, key level on the s p were all the way back to where we were in early march and you, my friend, you say youre growing more bullish. Yes, i am i listened to what the fed says and they have an unlimited pocketbook they made it clear they are going to overcompensate, scott, and youre starting to see it happen right now. The beneficiary of this will be issues of credit, we issued a trillion dollars worth of investment rate credit so far this year. Spreads have tightened you know i watch the etf market like a hawk. The fed has only done a few hundred Million Dollars of purchasing it is job owning that is getting it going this is an extraordinary time. If youre an investor and missed days like today, youre mitts g i missing 30 , 40 , 50 of the
Call on ge why he says there could be more turbulence ahead its our call of the day and michael farr is unveiling his top ten stocks for 2020. Part of halftimes game plan to get you ready for the new decade Investment Committee is ready to go Halftime Report starts right now. Welcome good to have you with us on this friday our Investment Committee, jim, josh, steve weiss, jenna, the chief Investment Officer at boston private wealth. Michael farr is the ceo of farr, miller and washington. Also with us today onset, keith banks, the head and vice chairman of bank of Americas Solutions group. Stocks are hitting more highs. Could be the first eightday winning streak in more than ten months we have news happening at this moment on boeing our phil lebeau has it scott, this involves united airlines, which is one of three u. S. Carriers that flies the 737 max. It has announced that it will pull the 737 max from its schedule through june 4th, which means when you look at the u. S. Airlines and w
Look at europe. Those numbers are even stronger. You want to see this thats what i was thinking. Wow is that because of our deal here we dont like crises crisis averted. Yeah. Only adding another 300 crisis kicked down the road. Right it gets interesting when you think about the timing of when the next will be treasury yields at 2. 055. Hes like the cnbc app. Youre like a human version of the cnbc app. Joe just recited it before the show began like rain man i decided since you you may or may not know thank you. I cant sleep. Im like cramer, up at 2 00, answering people on twitter. Talking to people. Trying to help at 2 00 in the morning youre doing this no cramer is. Cramer at 3 45 is. I know. Yeah. Its decision day in the uk. The conservative party suspected to name a new Prime Minister today at about 6 45 a. M. Eastern time well bring you that decision as it happens former london mayor Boris Johnson is seen as the clear favorite theresa mays successor will take over tomorrow afternoo
Again. So youre not looking at a bounce back. At least not in the early trade. After you have such rough seas like that its not unusual to see it the next morning. But right now at least it looks like the dow is indicated to open down another 77 points. Yesterday closing below 17,000 for the First Time Since october. The s p 500 is down another 8 points after closing down by 2 yesterday. Check this out, though, the dow negative on the year. S p is negative on the year as well. This is decline of 2 yesterday for the dow. 16990 is where it closed at the end. Its at risk of the annual winning streak for six years in a row. We should point out the five dow components hitting 52 week lows yesterday includes utx, conoco, exxon and Procter Gamble an intel. Japan was down by 3 as well. Shanghai composite down and hang seng composite down by 1. 5. Chinas august flash factor pmi. Thats a key Manufacturing Index. It dropped to a 77 month low. Do the math on that, thats more than six years. Domest
Lunch on a monday begins right now. Welcome, everybody im Tyler Mathisen stocks posting solid gains and sending the dow, the s p and the nasdaq to alltime new highs materials, financials, telecom leading the way higher meanwhile, yields on tenyear notes hitting highest levels in more than a month. There you see it 2. 23 check out some of the movers in the market shares of ubiquiti networks, thats spelled interestingly, dropping about 8 . Short Seller Citron Research calling the tech Company Total fraud. Nvidia trading at alltime highs. Paccar also hitting alltime highs. Im Michelle Carusocabrera while the east braces for hurricane jose this week, Hurricane Maria has now strengthened into a major category 3 storm we have the latest just minutes away Home Builders feeling less optimistic concerns that rebuilding efforts after hurricanes harvey and irma will drive up construction costs. And the cnbc global cfo council releasing its latest info some giving President Trump credit for some o