The wind is at back of investors here in stocks. How much different that is since friday when everyone was talking about selling off shares of tech and 2018 was not going to be the year of technology, but yet we come in this morning and we seat flows which i think are very important to Pay Attention to in the first couple of weeks the flows are going into technology also, i would be watching as a early indicator of to 18 the u. S. Dollar and where that goes. We are challenging the 17 levels knows lows are the lowest level since 14 so i think thats going to be important early on. I meaning the setup, josh, would appear to be to be pretty darn good other than the fact that youve been up almost unabated for as long as we can remember whats the other risk thats out there to this story continuing the way that it ended. I think the most bullish thing that you can say the setup right now is when you actually look back at years where the s p has a phenomenal year, there is nothing in the data,
Antigovernment protests rage in iran this morning is that continues to the present intriguing this report for demonstrations saying in part the great iranian people have been repressed for many years. Time for change. Let change. Let us on the escalating tensions for the country this morning. Investors hoping for a record year in wall street but the markets opening higher after 2017 produced to 25 rally for the dow, s p 500, 25 . Nasdaq up 20 . Features in what we look at in terms of stock market performance. All the major averages in europe right now lower. 5100 down half a percent. Overnight in asia, stocks were higher. Japan closed for a holiday. Majors as you can see trending up. Hang seng in hong kong a few . Holiday travel nightmare. U. S. Customs computers suffered an outage causing long delays in airports across the country. Watch. A huge line. The guy said it would take three hours. We lost our connection. I went to check my bags back here from the First American flight so i c
Allowed Legal Marijuana to flourish a number of pot stocks losing their buzz big time. What now for this budding multibillion dollar business power lunch starts right now your love is lifting me higher than ive ever been lifted before well, the weather on wall street may be frightful, but inside the exchanges it is nothing short of delightful. Welcome, everybody, to power lunch. Im Tyler Mathisen another historic day for your money. The hits keep look at this chart, will you . Look at that oneyear gains, 25, almost 26 25,000 now on the dow for the first time ever. Want to know what it was back on the, the day of the crash in october of 1987 . It was about 1,700 think of the gains, the money made since then. Financials, goldman, jpmorgan, American Express, powering the dows tripledigit gains at this hour not just by the way the dow. Nasdaq and s p 500 also new record intraday highs today. Small caps, they came along for the ride russell 2000, intraday, alltime high retailers zumiez help
A few days ago it was the nasdaq at 7,000 overnight in asia, the nikkei, if you think these numbers have been good here, up by more than 3 . It had been closed for a bank holiday over the last two days so it had some catching up to do right now you can see the hang seng closed up by a half percentage point as did the shanghai if you look at whats been the early trade in some of those european markets that we watch closely, up across the board gains of almost a percent for the dax in germany and the cac in france. Ftse hanging in there. Still in the green with italy and spain, each up by 1 and look at crude oil prices yesterday a rally in crude oil, up by 2. 1 this morning additional gains of 11cents. 61. 74 a barrel for wti big corporate stories of the morning. Tesla is still struggling with production the carmaker releasing Fourth Quarter delivery numbers that fell short of expectations again, pushing back production targets for the model 3. Tesla delivered 1550 units of the highly an
Warm welcome to Worldwide Exchange this friday morning on cnbc im wilfred frost. Im seema mody in for sara eisen today. Good morning to you. Good morning to you lets check in on the Global Market peicture this morning. A day of gains, up slightly resounding week to kick off the year it looks like it will continue the dow up 61 points nasdaq 23. S p up 5 in premarket trade. Yesterday financials played catch up having lagged the market for most of the week. But for the week as a whole, energy the clear winner with oil prices rising. That sector up 4 in the s p tenyear treasury note for youful yieyou. We started the week in the low 2. 4s, ending at 2. 456. The 1,000point run weve seen in the dow is the fastest in history look at asian equities, japan seeing its biggest oneday gain in over a year you can see here on friday closing higher by nearly 1 . Softer gains in hoping congress and china, but still stocks there moving to the upside the kospi up better than 1 on the day. In europe, the