Bk says if you want to know where the market is headed, Pay Attention to this one chart. Your chart of the week, a mystery as well. To quote the song, weve got a long way to go and a short time to get there. Lets start with the biggest of the big, the big apple no were not talking about new york city, all due respect, frank were talking about the worlds Biggest Company getting even bigger today apple shares rallying more than 5 apples move adding nearly 104 billion to its market cap. Thats equal to, get this, an entire citi group, two kraft heinz and roughly two chipotles. Do you want to be part of it or are these little town blues headed apples way thats the question, i think. Are you leaving today or if you dont own the stock, are you buying it today. After what almost feeled like sa punctuated move just since earnings, everyones done the numbers on where they are off the lows its been staggering the question you have to ask is what the multiple you put on the Services Business versu
Early today starts right now good morning on this wednesday. Im cori coffin. And im frances rivera. An epidemic with no end in sight. The coronavirus reaches a grim milestone as the american death toll hits the triple digits. Heres what you need to know at this hour. As the deadly outbreak evolves, u. S. Officials are boosting measures to combat coronavirus in new york city the shutdown threatens to go further. Mayor bill de blasio urging new yorkers to prepare for a shelter in place order a decision will be made within the next day or so as hospitals become strained by a surge of patients the pentagon announced it is getting 5 million respirator masks and also 2,000 ventilators to the department of health and Human Services secretary of defense mark esper said 1 Million Masks would be available immediately. And one South Carolina School District is putting meals on wheels the anderson School District is delivering breakfast and lunch to thousands of students the bus driver miss patric
Movers this month. Jim cramers going to be on here to tell us what these par boir bolick moves mean and tillray announces a shake up well talk to the ceo, brendan kennedy, to ask him about his plans to make this hot stock hot again. Say that five times fast power lunch starts right now stocks are retreating today, it was above 29,000 before sinking just moments ago before the breaking news, reports of china tariffs staying in place until after the 2020 election. Kayla has some new details on this developing story. Kayla, i thought they were supposed to sign this deal tomorrow i guess its still on, but youve got some details. Go ahead signing is sill on, but the principles have maintained ever since this was reached that any future tariff reduction would hinge on chinas compliance with this first phase of the deal an Administration Official telling me moments ago theres no agreement on a path forward with regard to tariff reduchotin to between mid december and today, there is still no d
Up a percentage point. We will get their earnings after the bell. Ie also finished higher chewy also finished higher. Scarlet volume was pretty light, 12 below the average. Part, market breadth was fairly negative as well. Of negative to positive. Lets dive deeper into the action with our markets reporters across the different asset classes. Abigail i would like to bring bonds into the equation. We are looking at here, in white, our treasury futures. Last six months or so, both are higher but sideways. Growth in stocks going higher at the same time. Since september, basically a downtrend for the 10 year eat treasury note. Downtrend, it could suggest that the recent choppy action we have had for stocks. This week, keep a close eye on this chart. I wanted to look at the volumes. Earlier this morning, we were looking at volume trading on the yetf, which tracks the entire index. Bond trading down 40 , relative isthe s p 500 index where it down less. Typically when the s p 500 etf, the spy,
In arizona, rescue crews pulled a construction worker from a dry well near phoenix. The man fell 50 feet into the hole yesterday morning. It took him about five hours to get him out. He suffered minor injuries. Papa johns founder says the company isnt producing the same product since he stepped down as chairman. John snyder tells a louisville tv station hes had 40 pizzas in the last 30 days and quote its not the same pizza. He also said the drop in quality means customers suffer. Snyder resigned last year after using the n word on a diversity training conference call. The pizza must still be all right if hes had 40 of them in the last 30 days. Look, i ate a bunch of them, its not just good. Like when you eat a bag of chips, these chips are just not good. And you finish the bag. Things were nasty. This morning the countdown to whats shaping up to be an incredibly busy black friday. With so many sales under way some of the real savings may not be about where you shop but how you pay. Her