Wednesday and this morning, dow indicated down about 170 right now. S p down 21 and nasdaq down by 58 just 4. 5 from its alltime high more about what it has been doing well the nasdaq 4, 6 or whatever you dont call it the nasdaq 100. It is concentrated i heard Brian Sullivan saying early that of the nasdaq 100, that 35 of those companies are trading 10 higher or more for year to date not the full year but year to date what weve seen this year broadening out a little bit there is the big chetech and the big tech that seems to be well suited for what we are all doing. Not a total surprise oil hasnt hurt either remember, it was the may contract when it expired at the end of may something theyve never seen us before wti back up to 34. 07. That tells you what people are anticipating it has rallied 70 and only at 34. Right tells you a little about what is happening here also take a look at treasury yields we are around 21 for the 10year. 10year at 0. 664 . Andrew thank you, becky lets bring
Has joined Founders Fund and where he will invest in the world of Venture Capital. And superconductivity is having a moment and we will explain where a potential breakthrough in technology has been driving both excitement and controversy. Lets get a quick look at the markets. We are treading water with the technology quarters. The nasdaq is flat and earnings are a big part of the story but we see a cell often treasuries. The yield on the u. S. 10 year treasury is the highest in nine months but there is a concern about the cost of bother of borrowing. The Philadelphia Semiconductor index is softer by 0. 3 and a big part of that is all come which is down by 10 . We will get to that shortly. The two big ones we are braced for, apple and amazon report after the bell. We will look ahead and think about what the macro environment for those two names both from the consumer perspective and the cloud narrative. Lastly, microsoft showed slowing growth in cloud which is their biggest direct compe
Alphabet c. E. O. Well break that down and discuss so much more throughout this hour. But first, we turn our attention to what is happening more broadly on the markets. Maybe we look at this. Bitcoin on the downside versus the u. S. Dollar. A stronger dollar and weve seen kind of lackluster moves on the benchmark more broadly. A look at the nasdaq trading flat. Yields, as weve been seeing on the 10 year, up about two, three basis points. A big flood of money on the 10year debt. How will that be taken down . Apply goes up. Maybe a little bit of a selloff. Huawei made in the United States by intel, qualcomm and were going to dig into that story later. But i want to show that were bouncing off our lows. What have you got in the microperspective . Ed earnings. Outside of earnings but lets start there with the tale of two ridesharing apps, uber and lyft. Uber has a lot more to it. In its quarter, there was issues of seasonality, regionally, it was a bit weaker and the stock was down pretty
Companys products spans various sectors. Thats what makes it so interesting. The ceo will join us exclusively ahead, but we begin with todays market and bob pisani at the new york stock exchange. Bob . Hello, jon. Good to see you. We have been chopping around in a fairly narrow range and the trend is up and certainly since the pc report and the s p 500 and the trends been up here were trying to get to the 200day moving average and were at 5114 now, slowly, but surely. A lot of strength in boeing, thats great news. Apple. Caterpillars been strong. Goldman sachs has been strong and thats at a 52week high and a number of big movers nasdaq, the bigcap tech is mixed and lets take a look at the midcap tech stock and meta and alphabet is down 2 and amazon will close tomorrow and it is up fractionally here global industrials have been having a great little run in the last couple of days and thats good to see. Boeing, lets get out of this month and one of the worst month ever and boeing was nea
Every day and we agree there must be the highest level of coordination between our diplomatic efforts and our military efforts. You cannot have a stronger partner then he secretary of defense who embraces diplomacy. I hope he feels he has the partners he needs the state department. The beginning of the partners and friends who are working for the american people. And wes much to be done are just getting started. To address a few specifics that have been erroneously reported this morning. The Vice President has never had to persuade me to remain as secretary of state because ive never considered leaving this post. Andlue the friendship counsel the Vice President and i admire his leadership within president Trumps Administration to address the many important agendas of President Trump, from a foreignpolicy perspective and a diplomatic domestic objective. Let me tell you what i have learned about this president , whom i did not know before taking this office. He loves this country. He put