London and it works really well. Sometimes not so much but in some cases i agree with your priorities isolation, thank you as we kickoff the final hour of trade stocks are on pace for the best threeday performance since november Dow Jones Industrials up 108 points the s p getting 41 the nasdaq 150 points russell 2000 the biggest percentage of 25 points. No massive individual gains but when you punch up the five day chart we start with the russell because that best shows a muscular move of about 3 and it leads to the small and midcap breaking of bigtime, billionaire investor leon cooperman about to reveal to stocks in the russell that he has unmassed quite mistaken why he remains fully invested and will ask the Business School grad the news breaking couple of hours ago that his alma mater has canceled the main Commencement Ceremony and hes been very critical of the University Leadership and how it handled the propalestinian prohamas campus protest and announced on the show back in octob
Your attention it trades on a number of different platforms but on coin base it moved over the 16,000 mark. Matter of fact, it is approaching the 17,000 mark. Keep in mind earlier this week, we hit 13,000, 14,000, 15,000 so far this week. Now, it looks like we may hit the 17,000 mark on coin desk and bit stamp it is a little bit lower as you can see there but it definitely is on a tear this morning just an amazing run for this particular crypt ocurrency almost 17,000. Carl, back to you. Thank you, sue. Obviously, our data, i believe,m averages the price of various exchanges, which is why you might see a price on coinbase that doesnt match the number on your screen. We appreciate that sue hew rea a the word mania is being used, henry. The question is whether or not thats fair. Brings back a lot of memories the same thing about bitcoin, when it was 300 which is a perfect asset. No Intrinsic Value and easily g to a million per coin or go to a dollar no difference. Watch it rocket now. Whe
Were lockstep with europe this is a very big change. You pointed that out a number of times the tenyear note yield creeping up a little bit from the lows we saw last week. Maybe helping firm up the financials just a bit. You see crude there. We just heard, of course, from the treasury secretary of the United States, steven mnuchin. As they wrap up squawk box. Tax reform, its got to be the most significant item on the agenda you know, he seemed to echo comments he made in the past about 15 being a target but not hard and fast. He did say some things in terms of pass throughs when pressed by andrew how are you really going to be able to prevent people from becoming llc and therefore benefitting from the potentially lower tax rate than they would as individuals he said, Service Companies would be one example that were not going to allow im not sure we heard that before in terms of specifics when it comes to how theyre going to sort of thread that, very importantly if everybody becomes a p
The russell 2000 continuing its outperformance, it had been lagging, it had a big start postelection and came down. Or the past few sessions, it has been doing better than the majors in terms of the percentage gains. The dow slightly in the green, very slightly. The s p and nasdaq trading a little bit lower. We have been watching oil prices. Inventories data this morning, that showed that a larger than estimated built in crude Oil Inventory at a big drawdown and gasoline and distal inventory in the wake of Hurricane Irma and the recovery from hurricane harvey. That was a bit of a surprise. Oil went up. Still hanging onto a gain of 1. 7 and holding about 49 per barrel. That means strength in the oil industry. And oil stocks with energy the best performing group in the s p 500 and some of the gains we are watching, apache, conoco phillips, in terms of the exploration and production companies. Outside of the world as stocks, watching bitcoin. Jamie dimon got attention yesterday for a tras
Good morning. Joining us kara swisher, executive editor at recode. Before we get to kara on the top tech business, lets get a check of the markets the dow is as just hit another record high. Its just backing off of that point. But if the dow manages to close higher, that would be the ninth record close in a row. And the tenth straight day of gains for the dow. Certainly the Big Multinational Companies have outperformed. Take a look at the nasdaq. It is doing better at. 25 coming off a week of losses. Well see if tech can continue this rebound it is sort of a mixture, a mishmash, mike, of companies that are leading right now you have Goldman Sachs and apple leading the dow. As far as the s p 500, tech is strong, Consumer Staples off that tyson report. We have a lot more earnings to come this week, disney, cvs, time warner and retail later in the week nasdaq is up 60 of the volume in advancing stocks the bread sj good and the nasdaq nod as g the market just holds steady the s p 500 is ha