Behind, but what is important is the symbols along the way, and the number one symbol is the most unloved bull market since time began. You do measure the wall of cash on the sideline. How does that feel this dow 30,000 morning . Left out,very lonely, isolated, and i imagine some of it has capitulated. We talked about a tugofwar at the start of this month when we got deposited vaccine news. Overwhelmingly now, this market is looking through the nearterm risks into year end. I had a conversation with someone who suggested we could get a negative payroll sprint negative payrolls print for the next couple of months. It is an outlier call, but deteriorating data is consensus, and here we are running straight through it. Tom maybe it is a biden administration, the fed coming on, stimulus coming on. You keep talking about the russell 2000, up 11 year to date, and it has been a moonshot the last number of weeks. The nasdaq 100 lagging recently, up 34 year to date. 500 up 12. 5 . P for you, we
This comes after modest advances you did see gains. The second out of the last three sessions as joe mentioned it has been a rough week we are on track now if we continue on this pace to have the first down month weve seen since march. Looking at all the gains theyve built up on all of this. You are looking at fairly solid gains. It is a matter of days before we get to the end of the quarter. Take a look at the treasury yields now, especially the 10year. 0. 661 hasnt budged. Weve been sitting at these levels for some time weve got developing news right now. President trump asking a u. S. Court to let a ban on the tencent app wechat proceed the judge is giving the president to 2 30 this afternoon to postpone a ban on tiktok downloads. It doesnt pause the ban but says they must defend the policy in a sunday court hearing. The policy is currently set for 11 59 p. M. This sunday so a lot going on with the kvdel saga it was 11 59 last week too. What happens if you cant download it . Did you
This morning. Markets are pointing to higher opening this morning. Possibility of more stimulus of holiday shorten week, this after Third Quarter kicks off with mixed day yesterday, nasdaq with 12th record close of the year. 95 points at 4 00 oclock on wall street yesterday. Meanwhile more stimulus ahead. President trump telling fox business he supports additional money going directly into americans pockets, hes looking to add incentives to get people to back to work. Warning of market crash of former Vice President joe biden gets elected. The house takes action over hon hong kongs actions. All that coming up. Officials finally taking action in seattle meanwhile clearing out the autonomous zone after 3 weeks of occupation, then this, tesla driving to new heights, charging past competition, largest automaker by market value surpassing disney and cocacola. Mornings with maria is live right now. Maria Global Markets this morning look like this, we are looking at gains across the board, gr
Relatively good news out of new york where hospitalizations continue to decline although there is a spike in deaths in the state. The governor is worried, outlining for folks the idea of a staggered reopening of the state. Only 45 minutes after new yorks mayor bill de blasio was saying look, it is looking like june. That the city will not be able to open up before june. That was not exactly worthy after fox news or fox business alert. No shocker there. A highranking mayor of the city was making it official all you needed to hear, wow, this whole comeback for the economy which cant get any robust way without new york kicking in is not likely to happen. So that is kind of been pulling and pushing at investors today. Jackie deangelis has more on all of the above. Hey, jackie. Reporter good afternoon. Good to see you, neil. Thats right, the market is paring the losses right now. Youre right stocks are kicking off the week in the red after a very strong week last week. Investors are cautiou
Good morning, its monday and lets kick it off with data. Eurozone factory pmi, 57. 4, manufacturing growth coming in at the strongest level in over six years and forward looking indicators are positive, as well we had encouraging numbers out of italy, france and germany this morning lets have a look at the stoxx 6700 up by 0. 7 and that follows a pretty dismal week for european quit i did mequity markets we were off by roughly 2 , maybe because Central Banks have been turning more hawkish well talk much more about that with our guests in the next couple of hours. And lets also show you what the markets are doing one by one some buyers are coming back in ftse 100 up by 1. 5 , and the cac 40 also pitting utting in a faiy Strong Performance most sectors, in faskt all actun the green. Oil and gas also up by 1. 4 . We had a fall in the u. S. Drilling activity and that has been propping up oil prices. Real estate, food and beverages some of the more defensive stocks moving a touch lower. Hea