Than annihilated overnight. U. S. Futures surging after Chinas Central Bank announced they are going to a similar jump in futures after china announced a rate cut but that 441 point rally in the midday session was wiped out by the end. The blue chips closing down 205. The s p has lost 2 trillion in market cap over the past seven sessions. You did not like yesterdays open. Do you like this one in. I think there will be a better time if you want to buy. I think there have been some bargains created. Thats a big difference. I think yesterday is funny. We should have been down one . Yesterday europe was pushing the euro down. Interest rates werent that good. Interest rates not that good. We have a couple things i like. Schlumberger is the greatest in the oil patch. Theyre making an acquisition. Weve been waiting for consolidation there. The actual individual components of retail that have been strong. I think the last 45 minutes were a access of buyers. My only problem is why isnt there a
Power lunch starts right now welcome to power lunch this september friday. Stocks are on session highs. The dow topping 22,000 for the first time in two weeks. Nasdaq trying for another record the s p 500 having its best week since april. All three major averages on track for a second straight week of gains check out movers wynn resorts trading at levels not seen in two years. The big news today, american jobs creating engine wilting a bit in august. Only added 156,000 jobs last month, below the 180,000 that economists expected. Senior economics reporter Steve Liesman is here to take us inside the numbers it is cooling, coasting, stabilizing . A lot of negative words used in the intro i dont know if i agree. Job growth did slow. Came in below expectations but is a decent report the population is growing at 80,000 thats what we should expect were almost double that number, still enough to take some workers off. Ism manufacturing, one of the highest numbers in a while more about that in
Please, krjim cramer yesterdays sell all or todays recap. Dow falling 12 point, s p advancing. 01 nasdaq climbing 1. 5 were lucky to have guests on this show that can help us answer crucial questions about tack before we hear from them, let me give you my take on the sea saw action and the leaders of this Market Action i know, you feel like man, i got vertigo and seasickness. First lets tackle the real cause of the week starting last weeks technology. You all know the epicenter here, its its apple for heavens sake last week we started hearing run wins even before orders can possibly be that apple was having problems selling the release of iphone 8 how much confusion is there when it goes on sell, we still have people calling the 8 the 10 and people calling the 10 the x by mistake. The Software Companies making products for iphone and the watch got hit to too not that you should own apple but you should trade it. In the end, most people who try to trade apple end up buying high and sell
Motivation factors associated wh terrorism other than a person intending to cause mass casualty before we label with that, it will be a matter of process. No, we have not. No, we have not. We have not located any items within the room or his house at this point yes, maam it was a matter of normal practice whenever we use a dynamic entry. We have information he has been there since the 28th of september. So i have no idea whether he prevented house keepers from entering the room or not thats just a matter of continued investigation. Thank you very much. We will provide you an update probably in the next two hours thank you. That is joe lombardo, clark county shr rieriff. 50 dead, 400 injured after a gunman fired on people attending an outdoor Country Music festival the suspect is dead after being confronted by police is 64yearold Stephen Paddock. He killed himself. He was shooting from the 32nd floor of the mandalay resort and casino as jason aldean was on stage performing police say th
Weve only got three hours to cover it, Varney Company is about to begin. Otto warmbier has just passed away. He spent a year and a half in north korea. A lot of bad things happened. But at least weve got him home to be with his parents, with are they were so happy to see him, even though he was in very tough condition, but he just passed away a little while ago. Its a brutal regime and well be able to handle it. Well, that was President Trump commenting on the death of north korean detainee Otto Warmbier. Take a look, oil prices are at a new low, the supply a major concern, hasnt been this much since november of last year. For many people, the good news, silver lining, the National Average is 2. 28 nationwide. The cheapest gas, by the way, south carolina, 1. 96. In oklahoma 1. 99. Alabama close to the dollar handle. And take a look at u. S. Futures, stocks are at record territory. We were up and now were down. The question people ask, is there any stopping this market . I dont think so