Tenmonth high. And check this out, since last friday, the dow has added 127 points. Of that, apple has accounted for 85 points. The question is simple. Is apple saving the markets . And if so, should you feel better about where we are right now in the markets . Tim . Apple is not saving the markets. 85, 127 points . Come on. Look at retail today. Is apple pushing up jcpenney, nordstroms . Emerging markets are up 2 today. Volatility is plunging, not because apple is the dream stock, and actually their camera is pretty good. Apple is rallying because samsung is very weak because apples expectations were de minimis. And so yes, apple should be doing what its doing. But to say if apple was not doing this, which i think is the question youre asking, would the markets be rallying . I think yes, they would be. We overreacted to the comments, we assumed fed was not going to act to acting way too much. This is not a place where you can move too quick on Interest Rates. Volatility has fallen. Fe
Treated to a new show we out there is. The nikkei injured in his clothes. Shanghai composite index up to half of 1 . Japan closed for a holiday. Cheryl oil prices at 3 yesterday adding to gains overnight. 4575 rightparen oil. Nicole president ial candidates react well candidates react well done the chip lead in the battleground state. Ceo of mylan refusing to apologize for a 500 price increase for companies epipen product. Trade do he misled lawmakers on a chance to impeaching. Cheryl Adrian Peterson said to have surgery. The rest of this season now in question. Well have the highlights in the latest in the wildcard race for you. Treat 25 01 a. M. Here in new york. Thursday, september 22nd. The first day of fall. We welcome you fbn am. This first look at todays markets can and the latest breaking news in what to expect today had. Violent protester in North Carolina for a second straight night. Angry demonstrators clashing with police throwing bottles and fireworks. Officers responded g
Disagree over some issues that were passionate about. We will. Congress will pass some bills i cannot sign. Im pretty sure ill take some actions that some in congress will not like. Thats natural. Thats how our democracy works. But we can surely find ways to Work Together on issues where theres broad agreement among the American People. So i look forward to republicans putting forward their governing agenda. I will offer my ideas on areas where i think we can move together to respond to peoples economic needs. So just take one example, we all agree on the need to create more jobs that pay well. Traditionally, both parties have been for creating jobs, rebuilding our infrastructure. Our roads, bridges, ports, waterways. I think we can hone in on a way to pay for it through tax reform that closes loopholes and makes it more attractive for companies to create jobs here in the United States. We can also Work Together to grow our exports and open new markets for our manufacturers to sell mor
A turning of the tide, big selloff yesterday of 238 points, asia down big overnight, europe down especially hard this morning and we were down, as you said, 130 until noon thereabouts, the return there. We are seeing plus signs right now for the most part. Lets check the rest of the market here, the s p and the nasdaq. We are getting closer to our boards here, our positive as well, the s and p up 3 1 2 points, 1949. The nasdaq is also higher by 16 points, see the russell two, guys, leading the way, the big laggard to the downside is the big gainer to the upside today with a gain of 1. 25 . I just want to mention because i mentioned this on street signs as well, bill, but friend of show was actually suggesting that maybe yesterday and the way there was maybe leading the market down or one of the reasons why it was leading the market down, maybe this capitulation and early on this morning down by 11 from its highs. Fully in correction territory and maybe the correction in the russell 2 k
To fall. Interestingly, not putting much downward pressure on the stock market. Also, Commodity Futures Trading Commission head timothy mass 5 2k joins us after announcing the settlement with the banks. There are some smoking gun chat room messages you have to see on this story which has some wondering why the penalties announced were not greater. Well get into that and more with Timothy Massad coming up momentarily. Two earnings are out in an hour. Cisco and jcpenney. Well bring you the numbers that could move both stocks and overall market, second they hit the tape and the best analysis on the street that all starts right after the closing bell. At t is halting buildout of fiber optics in about 100 cities in what so far is the most apparent Chilling Effect of the president s call this week to clamp down and regulate the internet. This as reports say that the fcc chair may defy the president s call for Net Neutrality citing the agencys independence. This story is a lot of moving parts