Immigration and you will see that, too. Varney company is about to begin. You know, watch out, the way it opens is not necessarily the way it closes. What happens in dow, nasdaq and s p futures is not directly to the equity equities. Theres too much damage shortterm to really have it correct itself just in a few days or a few weeks. Its probably going to take months. In the last half hour of trade, things start to change and move so you cant really judge from this pathetic, according to stuart, 362 point gain. Stuart disappointing. Disappointing. Stuart i didnt say pathetic, i said disappointing and i think ive got it right. And that was yesterday, what a rotten day. Look at it today. Dow futures point to a 350 point rally at the opening bell. Now well bring you big names poised to open and how those big names are going to open. Look at netflix, up about 3 , 29 minutes from now. Apple also up about 3 , 29 minutes from now, but still only at 106 for apple. The high was in the 130s. Wher
Name . Well tell you which one. The action begins right now. That doubles every day, particularly bad. Biotech stocks posted their best in more than a month. The biotech, the ibb rallying more than 3 this week. It comes as the group lacked to the broader nasdaq 100. So is biotech finally playing catch up to the market . Should you buy in . Yeah, well, i definitely think so. Look, we did see some bullish activity in the biotech etf earlier this week. Looking for a 15 gain in there. Probably by about september. There are a lot of reasons why you might think there is room for a rally. For one thing, some of the political headwinds that were the talk of the town. We havent we heard as much lately. These are actually kind of rare these days, cheap stocks, if you look at them on a trailing earnings basis, a lot are trading barely in the double digits. If you look at an area that has seen consistent revenue and earnings growth, this is one of the places to look. Its a good weekend to talk abo
Cut in one big oil name. Well tell you which one. The action begins right now. That doubles every day, particularly bad. Biotech stocks posted their best in more than a month. The biotech etf, the ibb rallying more than 3 this week. It comes as the group lagged to the broader nasdaq 100. So is biotech finally playing catch up to the market . Should you buy in . Mike . Yeah, well, i definitely think so. Look, we did see some bullish activity in the biotech etf earlier this week. Looking for a 15 gain in there. Probably by about september. There are a lot of reasons why you might think there is room for a rally. For one thing, some of the political headwinds that were the talk of the town. We havent we heard as much lately. These are actually kind of rare these days, cheap stocks, if you look at them on a trailing earnings basis, a lot are trading barely in the double digits. If you look at an area that has seen consistent revenue and earnings growth, this is one of the places to look. I
For hikes in 2017 may be latest to protect the economy from overheating. Electioning french will be typical for europe, permanent risk. That is according to the italian finance minister. Lesson have half or less than half an hour. Very slight gain this morning. Euro stocks 50 futures of. 5 . 05 bond yields. T bonds, are selling off very slight move but it looks like it could be a risk. Lets walk everybody overnight. Focus on foreignexchange rights now. The dollar being bid this morning. Something to Pay Attention to as well. A better day yesterday against the euro than the dollar. Starting to reverse a little bit. We will see how trade plays out over the next couple of hours. Juliette thank you. Brexit may offering a deal. The eu is challenging her attempt to tie a freetrade deal. Some coverage hands of the great repeal bill intending to adopt eu rules in british law. Donald trump will be briefed today on various ways to implement conference attack us tax code. Possible options by a gr
Most of the country. But inside trading rooms and portfolio offices from boston to berkeley, from minneapolis to miami, it sure felt frigid this week. Stocks logged their biggest weekweek ly decline since the summer months, august. Send the children out of the room, folks. Here are the numbers and theyre ugly. The dow industrial averages tumbled 309 points to 17,265. Nasdaq off more than 2 down triple digits. 111 points. And the s p 500 gave back 39. For the week all three indexes were more than 3 lower. One of the main reasons for the decline, of course, oil. Domestic crude off another 3 today to 35. 62. A sevenyear low. After the International Energy agency warned of a continuing supply glut. For the week prices were down 11 . Thats oils worst week of the year. And as if that wasnt enough, investors learned today that a junk Bond Mutual Fund is barring investor withdrawals while it liquidates, sending a chill through the credit markets. Dominic chu reports. Reporter theres a new kid