Basement which i would have done anyway, and which i did. I have to tell you, i feel fantastic. I really feel good. Maria we will get into all of that coming up. First, the stage is set this week for judge Amy Coney Barretts hearing on capitol hill. Shell read her opening remarks later today. Senator Lindsey Graham telling me, laying it all out on the schedule and when he thinks shell become a Supreme Court justice. I believe she will be confirmed no later than tuesday, a week before the election. Thats my hope. Maria markets are fractionally lower this morning, its a mixed story. As you see, the dow industrials down 21, the nasdaq is up 111 and the s p higher by 8 andahalf. Investors preparing for a major week of earnings along with more talks on stimulus. Markets posted a gain of more than 3 last week. Take a look, we are lac lookingt momentum in stocks on the heels of a week that sent the nasdaq up 4 andahalf percent and s p 500 up almost 4 . Peter navarro here this morning, live at
Stimulus and higher bonld yields as well which reversed and went the other way. Dows down almost 300 points is this art of the deal or do traders really need to pare back their bets over stimulus lets get right to maike santol for the market reaction. What stands out to you right now . First of all, its an incredibly clean test of where the market was and what it was trying to bake in over the course of this rally which as will fred said was whats really fascinating too is the news came as the s p 500 was just hitting these levels that everyone has been saying oh were going to give room to this rally to get to 3425 and then well see what happens we were just above that in the afternoon and then we had this little reflex. I would caution everybody to keep in mind that we dropped to where we were trading yesterday morning right after the close. So there has been a little bit of a head of steam and builtup gains in this market this doesnt necessarily completely alter the premise of what w
From home and implementing new restrictions he is speaking to the uk as we speak. And big tech stocks gaining back some ground after a rough month. Amazon climbing up analysts say the selloff created an attractive entry point. Sara, we have 59 minutes another volatile session amazon is nicely higher. The Broader Markets are slightly higher yeah, taking all of Consumer Discretionary it with. Retail winners today as well coming up on todays show, despite the upturn, the nasdaq is the underperformer in the month of september so far. Were going to ask tiech investr dan niles where he is putting his money to work. Even the ceo of levi will join us with a look at how consumers have spending money. And speaking of retail, were counting down to nike earnings to day after the close, nike by the way, best performer in the dow right now. Well get results from stitch fix, kb home and teslas Shareholder Meeting and battery day. It is shaping up to be a busy afternoon of news. 58 minutes left of tra
Dom chu, the markets in particular you can see here 3385 is where were at on the s p. Were a stones throw, kind of spitting distance from there 3393 is the intraday record high, so those two levels to watch. The dow underperforming with the nasdaq returning to that leadership position almost a full percent today record levels of home Builder Sentiment to the upside. A far cry from where we were four months ago with regard to homeBuilder Sentiment. If youre looking for a marketplace for better days ahead, check out whats happening over the near term with etfs. They both track Home Construction and stocks. Look at the massive surge weve seen from those particular etfs just since the covid lows in march. Remember, a big deal responsible for a lot of jobs in the economy as well. Well watch that trade the stock of the day so far is nvidia they are up about 7 today driven in part by analysts in succesquehanna who have put it high, already up again 210 in just the last year nvidia raising tha
As big as apple and starbucks and shut down a major form of personal communication between the u. S. And china. Doubtsre increasing about an agreement on another round of stimulus. The president now expected to bypass congress with more executive orders. Microsoft leading some of the declines today. Scarlet fu has been following the market action. Talk to us about the trading moves on the back of all this tension rising between the u. S. And china. Scarlet fridays in august are not usually known to be heavy news days, but we had a jobs report today and we had President Trump stepping up his campaign against chinese Tech Companies. The stock market closed mixed with the s p and dow little changed. Between a huge contrast small caps and the nasdaq. Focus really on gold. The relentless rally in gold prices and the selloff in the dollar, the better than expected jobs report reverse that trade. Gold still finishing the week up. The dollar finished up 0. 5 . There is concern that that jobs r