And nasdaq up by 12. This comes after a big up week for the markets where nasdaq was up 2. 3 across 6,000. Closed the week at 6,047. The dow was almost up by 2 . Closed very close to 21,000. Were going to continue to watch, as we get closer to the opening bell. Take a look at crude oil prices as well. Crude oil was down about 29 cents. The big story was it was below 50 for many days last week. This morning, its down another 16 cents to 49. 17. Let get you ready for the first trading week of may. The agenda chockfull of Economic Data and earning reports, the ism manufacturing and construction spending, tomorrow, april auto sales, Paychex Small Business jobs and wednesday, adp, Service Index and fed decision at 2 00 p. M. Eastern time. Thursday, q1 productivity and factory orders, friday, april jobs reports. As for earning, more than 100 companies in the s p 500 reporting. The big names to watch, include conocophillips, merck, apple, facebook, tesla, kellogg and cbs. More than the holdin
And more. The nasdaq rally rolls on buoyed by apple which reports tonight and united ceo set to testify on capitol hill this morning. What is at stake for the carrier and the industry . First up the president s comments about considering breaking up the big banks, created a lot of buzz yesterday on wall street. Jim, the point was made he doesnt often talk about the big banks, talks a lot about community lending, but that did give the markets a bit of a scare. Was it deserved . I think that the president when hes in front of particular audiences likes to say the things that the audiences want to hear. This audience does not like the big banks, feel like what happened during the Great Recession was far too much concentration in the hands of wells fargo in the hands of jpmorgan and bank of america, but remember, those were really at the behest of the government. They were trying to make sure that everybody was able to have a bank that worked and we didnt have a collapse. So to undo it whi
Lunch. Im melissa lee. Stocks are holding steady. The nasdaq hittinging yet another record interday high today. Tech and industrials the best performing sectors Consumer Staples and financials. They are the laggard. Down 2 on a big miss, mastercard is up two and mosaic down 7 after missing the top and bottom line. Brian . All right, melissa, thank you very much. And i am brian sullivan. We are coming to you live from day two of the milken global conference in Beverly Hills, california, speaking with the worlds top thinkers on the market and economy. Politics, which is encapsulating everything today, eric cantor being former House Majority leader, chris aailman and dr. O. Welcome, everybody. As michelle mentioned twitter popping this hour thanks to comments from billionaire investor mark cuban. Its up about 4 right now, and we will get to those comments in a moment. First the air is coming out of the auto bubble, it seems. Gm, ford, fiat, chrysler all taking big hits today. Lets go insi
Adjustment earnings. Havee battle for strength top hundred 84 a share in at ts bid and verizons bid before. They have a huge spectrum. It is all about 5g for these players. Jonathan Emmanuel Macron scored a decisive victory over Marine Le Pen. 60 of the over votes. , guyng us now from paris johnson. Fantastic reporting yesterday. The job for Emmanuel Macron. Talk to me about what he needs to achieve over the next month to make sure he gets something out of those parliamentary elections. This is just one piece of the puzzle. Presidency a major leap forward for him and his political ambition. It is only part of the journey. He needs to carry the momentum into the massive assembly. He needs to be able to deliver the policies he has talked about. I think it is going toi think ie interesting politically. The Prime Minister effectively is going to run the domestic agenda and people are talking about that he needs someone little bit rightleaning. He needs to bring in some people from the righ
Record highs on an intraday basis. They have not been able to maintain those levels. These are all very small moves. I wanted to dig into the dow a little bit. The only of the three major averages that have failed to maintain the record that was set on march 1. Apple is the big winner in that index. Shares up 3 after brian white over at Drexel Hamilton put a price target on apple, sending shares up. Ibm lower on Warren Buffett cutting his stake through berkshire hathaway. Bernsteins saying the shares should not be bought on weakness. Downly, Goldman Sachs 0. 66 . To talk about apple again for a moment and as it relates to the s p 500 more so, right now, thus far, we have seen apple rally in along with the s p 500 rallying along with the s p 500. This has been supportive for the s p. On the bottom, we have the correlation. We are really seeing a lot of the time, a majority of the time, the two moving in tandem. If apple does continue to rally, that would not be bad news for u. S. Stocks