Lower on concerns about the health of the u. S. Economy and a number of new bearish notes from new wall street firms hurts the sentiment further. Lets check in on the biggest losers in the dow, which as morgan just said, is down sharply, near session lows, which were 462 points. Its currently down 410 points, as you can see, pfizer down 4 Goldman Sachs down 2. 7 cat down healthily 2. 56. The 30year just hit a yeartodate low of 2. 117 t the. Joining us for the full hour, victoria fernandez at cross mark global investment. Thanks for joining us. My pleasure when you see yields slip like they have done, like they did last week, does it make you want to press the sell button for broader u. S. Equities . We dont want to sell we have that longer term outlook. We think theres a lot of volatility going on and thats going to continue to play out. We are looking at these treasury buys, not just from Short Coverings but outright buying as well but i think you stay invested at this point there we
The currency weapon has been. Yeah. It was a big surprise last week when the president dropped that tweet about september 1st tariffs. And some people that i talked to, tyler, and kel, it changed the game for them. That what they thought they had was a figured out market for the most part. They felt that way because of the fed and the rate cut and they felt like they had their hands around where the market could go in the months ahead were still throwing out of whack by that. Going into that, this was a market that was up almost 20 , so far this year, trading near record highs coming off of good earnings, fed rate cut, felt it was all working for the markets. As you heard Barry Banister say, sure, we get more of an odds of a fed rate cut, trump did something good on the trade front and markets will be fine on that note, well hand it over to you guys. Youre always one tweet away. Thank you. Well see you later. Welcome to the closing bell. Im scott wapner stocks plummeting, names like ap
Started arresting protestors ahead of the Third Straight weekend of protests in Hong Kong Shanghai composite finishing the day in red european european equities here we are higher across the board german dax is up by almost 1 and almost 1 gains in france as well as for treasury yields, amazing to think that the ten year yield was at a three year low earlier this weekend 1. 443 were now at 1. 526 with the two year 1. 544 so the inversion remains exact. A new journal piece says that states attorney generals are taking issue with that proposed opioid deal with purdue. It will settle with a 2 billion settlement it will link much of that with future sales of oxycontin. Some states want the family itself to guarantee a larger cash payment up front. Others didnt like parts of the plan that calls for purdue to claim bankruptcy and emerge as a Public Benefit company theyll ask for an update today about where negotiations stand, he said he wants at least 35 states on board although a deal can mo
What list . Thats on my the other one. The one that begins with an f. My husband did that a couple of years ago. Before i knew him and im glad about that. And that would make me thats just me but that would make me just wonder. Wouldnt you like to at least be there for that once . I read sun also rises. I got the sort of the romantic idea of whats going on but i would never in a million year dos that. I wouldnt want to be running but as a spectator it could be interesting. I would never jump in a from one of the windows a couple of stories above. Would you do a flying squirrel . Ill never do that either. I dont think ill ever jump out of an airplane. Perfectly good airplane. Not once you have kids. Not for any charity or stakes whatsoever . If there was a charity and a certain amount of money id think about it and then decide not to do it. If this was a golf outing on the other side of it. When i see a really close out of bounds thats as close especially if im slicing thats as scary as
Its drive to create a Global Television network. Shares and costs are rising as subscribers switch on. Have amedia influence, i cool chart that shows a much immediate talk is affecting the market. Btv 5195. The blue bar you see on the bottom, they represent how many times you hear in the media, buy the dip. Since 2002. The more you hear this, particularly in the last several years, the higher the markets go. Maybe we have solved the puzzle. Why do these markets keep going up despite all these terrible headlines . Us, really. On saw interesting moves overnight. Not just stocks but also with dollar treasuries. He really is becoming more of a serious contender. Thet yellen speaking with president this week as well. I would love to be a fly on the wall at that meeting. John taylor now emerging as a front runner. The markets as you mentioned, they continue to move higher. We were reaching records again for the s p. The dow gaining 85 points. Nasdaq also higher by 3 10 of 1 . Not really gett