The crash of a ups cargo plane in alabama. New information coming out throughout the day. The very latest, plus fire sweeping through parts of iota including around several bigname ski areas. They are being threatened right now. Well tell you about that, but, first, to sue at the new york Stock Exchange. Good to see you, ty. Well start with the markets right now. A down day right here on the floor of the nyse. The Dow Jones Industrial average is off 93 points, twothirds of a percent. The s p is off a third of a percent or about 6. 33 point. The nasdaq is down 7. 33 points and the russell 2000 is off two points on the trading session. The tenyear yield is right now up above the 2. 70 range. Were now at 1. 71 . The gold market, after a little bit of a selloff yesterday bouncing back, up number 13 bucks on the day and brent crude is up 17 cents. Apple above 500 bucks in todays trading session. 502 cant 45 to be exact. More on that in just a second. First though to bob pins on the floor fo
Almost 2 of the lows of the session. Look how quickly rebounced back. That 1. 2 decline put us right at the correction move. We were down about 10 from its recent house, maybe a bounce off that level is what we have . Havent had a correction in the nasdaq since 12 to. Yahoo is going to report earnings. The question is how much will that affect trading activity as well . That and a couple other companies will be reporting tonight as well. Speaking of fast moving changes, if you were watching this show yesterday, you know anything can happen in a final hour of trading, and heres what we were talking about. 3 00 yesterday, the dow fading fast. Only to do a stunning turnaround in what some down here, yes, were calling the shaq rally. There he is. When bill and i started interviewing the former nba great here at the exchange, maybe coincidence. I think not. The real point of all of this, we need to get shaq back on the floor right now. I think the traders would agree with that. That was an
Places where you can shop and drink. And sue takes us inside the Tallest Hotel in the united states, it will be your first look. Its supposed to open in the next few weeks. Before sue moves on up, she is at the nyse. Hi, sue. Yeah. Well go uptown in a few minutes. Well take you to the. Top floor in about 30 minutes. Lets talk the numbers and big ones on wall street today. Tyler showed us the Dow Jones Industrial average up now about 178 points on the trading session. The s p also firmly into the green territory. Its up better than 1 at 1804. 25, significant its once again above the 1800 mark. In terms of the nasdaq the last trade, were up about better than three quarters of a percent or 34 points on the trading day. And the tenyear in terms of the yield, it was all over the board after the employment report this morning. Right now its at 2. 87 . Keep in mind, everybodys looking for the three handle near term in the tenyear. There are three questions were asking on todays jobs number. O
Points, s p advancing. 15 . For the next five weeks, its all about the reports from individual companies. And were up to the challenge, unusable hand, or not. Before we get to the particular stocks, lets understand the way earnings season works. As i write about in get rich carefully, which has a huge chapter on how to play the quarterly reports, how to handle this season, accompanying deliver on a trifecta of accomplishments in its quarter to ensure the stock will jump on the news. It needs to top the earnings and revenue estimates, meaning do better for the quarter than the consensus of the analysts who follow the stock. And then it has to raise guidance for both figures going forward. If you dont get better at revenues, better earnings and better guidance, you most likely wont see an increase in the stock price after the quarterly release and the Conference Call results hit the tape. Notice that i included the term Conference Call in the equation. Thats because, by far the most crit
Falls into the earth. First though to sue down at the nyse. Hi, sue. Hi, ty. Pretty dramatic pictures there. Stocks, meanwhile, well off the lows of the day. Right now lets take a look at how the dow and s p are faring. Right now the Dow Jones Industrial average is off 14 points and the s p is off about 2. More markets in a minute. First though as ty mentioned blackberry. The board is looking at its options right now, and that could include a sale of blackberry. It also could mean some kind of joint venture, and it could mean some sort of a partnership. The company has been under fire for some time. Its new blackberry 10 smartphone came out with great fanfare but the reception has been lukewarm since then. Year to date the stock is down about 13 , but on those restructuring talks, the market has moved it up 7 in todays trading session. For the threemonth period its down 33 . Canadian firm Hamblin Watsa is blackberrys number one shareholder. Blackrock ranks fifth with 9 million shares.