Hour futures are solid, earnings phase one signing, lots of eco data our road map begins with trade optimism reigniting the record rally. The chinese delegation heads to d. C. Today for an expected phase one signing on wednesday plus new ceo, same crisis. What to expect from boeings new chief executive, David Calhoun, who takes over today and the future of the 737 max. Then there were four, alphabet nearing the trilliondollar market cap club, behind apple, microsoft and amazon stocks are looking to recoup some losses from dow, the dow surpassed 29k for the first time before finishing in the red. All three major indices are in the green since the beginning of the year led by the nasdaqs 2 gain as we were saying on squawk a few moments ago, jim, if lulu yes, maam of lemon is a clue to the earnings season, maybe this rally has been justified we have two conference this is ek wweek, icr in orlando andi conference in san francisco, health care. Theyre used to be able to say better than expe
Silicon valley tGlobal Health cares when nasdaq leading the way while the dow gains 83 points, s p up 6. 7 were here to cheer the most Economic System in history. Capitalism is taking the lumps like since the Great Depression and some is selfinflicted we have real problems with income inequality like the money that boeing was to pay dennis mulingberger can the new ceo change the companys trajectory or a Corporate Culture that seems to have gotten rotten and the ugly emails and it appears engineers deceived the federal regulators about the need for more Pilot Training to handle the maps but they did need training to handle the systems as the company made clear last week. Boeing is not putting capitalism best foot forward here undeniably so. Lets not throw the baby out with the bath water. And that stems from the everything i see happening here in San Francisco now we have a real windfall here this week jp morgan is hosting the Largest Health care con presence of the year and well explor
Low. Our roadmap begins with red october. Stocks off to the worst since the crisis futures have a new open. After the worst manufacturing in a decade, sources work on that this morning. Shares of pep ki so fueled by sales growth and a nice earnings beat ceo will join us first on cnpc in a few minutes market versus a rough time in an economic slow down a second selloff resulted in the dow falling more than 800 points s p lost its gains from queue and q3 combined. Investors will be paying close attention to Services Data in less than an hour from now jim, they say of the two times that ism manufacturers contracted, we havent had a recession because Services Held in last night i had marty mucci on from paychecks. My old colleague larry kudlow chief economic adviser to the president says thats where it comes from its not like gm creates jobs. He says this was the best time theyve had and september was a strong month in the country and was constrained by not being able to find more employee
And now a rewards program. Well look at tobacco free nicotine pouches how Phillip Morris is capitalizing on them but before that, lets get over to dominic chu with the numbers. S we have lost some steam due to the slowdown in shares of boeing right now, the dow industrials at 39,293, off about 376 points, or 1 downside the s p 500, i will put a star up here, because earlier today, we did hit a record intraday high, but its 5306, flat on the session right now. And the nasdaq also gets a star. Its holding on to gains, but it did also hit an intraday record. Up 85 points we all know the reason why, thats a big part of that story, nvidia we take the next approach to whats happening in the marketplace. Nvidia keeps climbing towards session highs. In fact, so much so that its well above 1,000 a share, 104 per share, up 11 . And to put that in perspective, at this point, its way over now 250 billion in market cap in one day. That means its added just about as market value as the entire market
It would mean more expensive housing for less quality housing. You have to build yourself out of this problem. The only way to do that is to build. What is your interpretation of proposition f . This is a big win for airbnb. Now people can rent out their rooms for more than 75 days. Just keep in mind when you spend 8 million versus maybe a quarter of a Million Dollars, youre going to have a great opportunity to win. When you draft some item as poorly drafted as was the proposal that was put on the ballot, when you allow for exploitation by saying that you can sue your neighbor and do it in secrecy, the process is bound to be flawed. That was a vote of a flawed process, not necessarily of how people really feel about the business of being able to rent out housing. Mr. Mayor, talk about aaron paskin. Do you think it will change the way that the San Francisco mayor can operate, are what kind of things he can get through because of the shift because of aaron paskin. It certainly will. I ha