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and ended in record territory. 393 for s&p 500, and the nasdaq closing at a record. gaining 1% on the week. gaining up six weeks in a row. investors are cheering an accommodative fed, a solid october jobs report, stronger than expected corporate profits and a government that s cutting regulations and has lowered taxes. okay. there s a china wild card, can t forget that and president trump did take some steam out of the rally yesterday when he said he wasn t willing to fully roll back tariffs in a broader trade deal. but talks between washington and beijing do continue, and even both sides to do so. that s filtering into other parts of the market. the russell has rallied and 1.93% for the 10-year yield. biggest in a month and gold
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moment for these democratic candidates who will be sharing the stage. 12 of them in total on tuesday night, in the battleground state of ohio. dave and julia? jeff, thanks. you can see the cnn/ new york times democratic debate, live from ohio tomorrow night, 8:00 eastern time, here on cnn. a defining moment, we ll see. let s get a check on cnn business, this morning, with a look at the global market picture. a strong rally in asia markets, supported by the trade deal. japanese markets closed for a holiday. on wall street, we re tilting to the down side, off half a perce percent, as you see. taking back some of the gains from friday s session, as investors cheered progress on the u.s./china deal. the dow up 219 points on friday. the s&p 500 and the nasdaq closing, as higher, as well. disappointment filtering in on the details of that deal. investors preparing for a flood
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what is happening on wall street today? across the board on wall street, the dow and s&p and nasdaq closing, low points of the session for the dow, that meant down 800 points, fear showing up in the marketplace, 11 out of 11 industry groups on the s&p, closed down because of this inverted yield curve. onto us treasuries above those, that is a problem that has not been broken since 2007 and that predated the last major recession to follow. a lot of investors anxious, tech energy, financial, these were the groups that fell off of the most. it will be interesting to see what the fed does next. thank you. a rough ride for the stock
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