Miller with headlines. Matt on the east coast, a deliberate act to destroy the airplane. A Prosecutor Says black box recording shows the copilot on the flight locks the pilot out of the cockpit and then flew the plane into the french out. The ceo of german wings a few hours after having heard this we can only speculate on the motivational the copilot. I would like to very cautiously say this is by far the most terrible event in our company. Mats bryce robin identified the copilot as a junior pilot who started flying in 2013. He passed all of his tests and was fit to fly. Saudi arabia and its sunni allies have launched airstrikes in yemen which at the airport and a nearby military base in the capital. This comes as rebels advance on the port city which is the stronghold of the embattled president. The yemeni president has arrived in riyadh am a saudi arabia. The strike sent oil prices higher, hitting their highest price in more than a month with new york crude well over 50 a barrel. In
Accomplished investors in their own right. Plus theres so much to discuss. Tyler, were going to talk to the coopermans and the millers about where they see this market going. The incredible valuations weve been seeing in some Companies Like open table. Speaking of that deal today. Bought by priceline for month than 2. 5 million. It will be interesting to hear about that. And plenty of other occurrences in this space. Of course weve got to talk about oil, about some of these new tech developments and much, much more. Apples not falling far from the tree in those cases. Interesting to hear how they invest alike and how they invest differently. In markets right now lets take you through the three major averages. The dow up 32 points. About. 2 of a percent higher. The nasdaq a relatively small gain of about 12 points at 4309. And the s p 500 moving up today by about five points, a quarter percent at 1935. Joining our closing bell exchange, Kelly Connelly from jhs capital advisers, rich pet
Plus cisco earnings due out any moment. Jon fortt, eric, mark having instant analysis of the numbers and the expectations call for 51 cents of share on revenue of 12 billion. We want to kick off with bob and todays pullback. Reporter depressingly similar pattern again today, maria. Opening, and markets just move down. More times than not since august, putting up the dow, thats whats happened. Sometime in the midday, sometimes, weve had a rally to move to the upside. But not today. Basically ending not too far from the lows of the day. Has the market lost its bid . Put up the full screen. Higher rates clearly a bit of an issue and clearly a bit of a problem overall. However, i would point out that the u. S. Has seen stock weakness while we have seen strength in europe as well as strength in emerging markets. Look at the Global Markets for the month of august. U. S. Has usually been a leader for the several month, but now is a laggard. Brazil, germany, china, all notably outperforming th
What was predicted the what the walmarts woes say about the broader economy. And housing disconnect. Home builders are more optimistic than they have been in eight years. Nightly Business Report for thursday, august 15th. Good evening everyone and welcome. The drip, drip, drip of sliding stock prices turned into something more today, Something Like a tarrant. Investors digested troubled news with walmart and cisco and claims mean the Federal Reserve will reduce stimulus sooner rather than later. The dow is 546 points or 3. 5 below the alltime high hit on august 2. The s p 500 is 48 points or 2. 8 below the peak set that day. New todays sell off accounts for half of those declines from the alltime highs, the dow down 225 points, the nasdaq lost 63 and the s p 500 lower by 24. But it wasnt just stocks that fell today. Bond prices tumbled, too, largely on the fed fears. The yield on the tenyear bond is 2. 77 , its highest in two years. Also moving up today were gold prices. They spiked mo
Optimistic than they have been in eight years. Nightly Business Report for thursday, august 15th. Good evening everyone and welcome. The drip, drip, drip of sliding stock prices turned into something more today, Something Like a tarrant. Investors digested troubled news with walmart and cisco and claims mean the Federal Reserve will reduce stimulus sooner rather than later. The dow is 546 points or 3. 5 below the alltime high hit on august 2. The s p 500 is 48 points or 2. 8 below the peak set that day. New todays sell off accounts for half of those declines from the alltime highs, the dow down 225 points, the nasdaq lost 63 and the s p 500 lower by 24. But it wasnt just stocks that fell today. Bond prices tumbled, too, largely on the fed fears. The yield on the tenyear bond is 2. 77 , its highest in two years. Also moving up today were gold prices. They spiked more than 2 settling above 1360 an ounce as the dollar fell against the eros and the yen. As tyler just mentioned, the news fr