Leaderboard. No bubba watson. Its right behind you there it is there it is. Caterpillar, apple moving up, boeing, intel, verizon, theyre all there. Mandy is still down under. Kayla tausche down on the floor of the New York Stock Exchange. Great to be with you here on this monday afternoon. We are watching the dow snapping that sevenday losing streak. Also seeing its first 200pluspoint gain since the middle of july. Bob pisani is here with me on the floor to look a little bit deeper into what exactly is pushing the markets higher. Is it all industrials today . No, it is pretty broad rally. 41 advancing to deshriclining stocks. Seven days down in the dow industrials. That doesnt happen very often. Were due for a bounce. Theres hopes for stimulus in china for all the wrong reasons. Look what happened to china today, both shenzhen and shanghai up 4 to 5 . Economic data was very disappointing overall here. Ppi and trade numbers were terrible. But shenzhen and hang shy both rallied, hong kon
Las vegas police say theres been a shooting at a Music Festival that has killed two and left 24 injured. Over 100,000 passengers are left stranded over europe. Monarch has gone into administration and its boosted its competitors stocks. Top stories, spains ibex is here Companies Across all sectors as you can see are suffering with the banks amongst the hardest hit. Violence broke out in catalonia as they tried to stop people from casting their votes according to the catolan health department, people were injured with Security Forces they fired rubber bullets and used batons and demonstrations lasted long into the evening theyre calling for the resignation of the Prime Minister they say 90 of the over 2 million votes cast were in favor of leaving the catalon called these activities appalling. Translator on one side we have violence and shame and on the other violence and democracy. This is an election that we ask for from the European Institution tsz and from the governments of other co
Shares of dow component nike rallying today after the company said it expected sales growth to be in the high Single Digits over the next five years the Company Holding its investor day investors are liking it so far so far. And mark parker will be joining us in a rare and exclusive interview to discuss more about his plans for growing revenue for the sportswear giant. Its the best performer in the dow components today President Trump said earlier this afternoon the u. S. Desperately needs tax cuts well talk about that and more, Congress Secretary wilbur ross will be here post nine joining us exclusively coming up in a little bit good lineup of guests. We have a good lineup today. Lets get to the top story. The market selloff continuing today. The major averages off the low right now but the dow was on track for the worst day since early september. Lets bring bob in here look whats driving the move lower today. Hello william finally volume and volatility and we should have it because w
Give you his take on the treasu secretary testimony. He will give us an update on possible tax reform. Francis rooney was once a top ambassador. He will tell us whether the pope well have any influence on how the Trump Administration conducts business. He handed him a book about something we will take but thats what thats all about. The global manhunt for accomplices zeros and on libya and the bombers family. The attackers attackers father and brother have been arrested. There is a library port on who theyre looking for next. Two or three or ten points depending on which youre looking at tapping 21,000. And now slightly below it. Theyre focusing in on yet another record close as a federal services it might be prudent to wait to see if that slower firstquarter data is just a one on. Will start the countdown. The Federal Reserve agrees to weigh on data before raising rates for the as it focuses on drying down its 4 trillionollar balance sheet. The latest notes out of the Central Bank Les
Got to get back in time here is what else is happening at this hour, its a good time to buy a house, if you can find one for sale. Mortgage rates hitting the lowest level since november. The 30year fix now 3. 95 , but housing inventory, the number of homes for sale, remains very low in some cities. The home of the little blue box is giving investors a gift. Tiffany boosting its Quarterly Dividend by 11 and more departures at ford. This time its Global Product Development chief is leaving. Becky, thank you very much. Folks, stop me if you heard this one before its another recordsetting day for your investments. Were in the middle of a sixday win streak propelling yet you heard scott and melissa say i but ill say it again the s p 500 and nasdaq hitting new highs. The dow not far behind. Check this out, the nasdaq is now up 16 of 19 trading days so far this month. That is putting it on pace to have the most up days versus down days of any month since all the way back in september of 1996.