Nasdaq, it has been a commodity that rally and that is still the case but outside of commodity related stocks we are not seeing the gains he saw earlier in the session. Up considerably, 1. 9 , off their highs of the session, up 2. 25 at one point, industrials and financials up but everything falling back from where it was earlier in the session. More red on the wheel, health care and Consumer Discretionary stocks are down. Oil is coming down off its highs of the day though still up considerably, 6 off a little bit from the highs this session. That is contributing to some extent to becoming off of the highs for overall in stocks. Likely not the whole story. The yen getting relief off the huge rally. Julie a little relief that changing. Point , the yen came came down to unchanged and now it is very little changed, the fiveday rally we had seen in the yen the bounceback is dissipating to some extent for the u. S. Dollar. Gold prices, it has been having a big week. It is positive on the da
S p 500 above 2100. Above a level that some traders have been talking about. 18,000 for the dow. All three major averages moving to the highs of the session. The highest that we have seen. Jones industrial average , last may is when the dow hit its record. 1. 1 . Nly off about the s p, around the same so we are getting closer to reachieving that record for both of those averages. The nasdaq, little further away. Todays session, energy has turned around and is the best performing group in the s p 500. Up about three quarters of 1 . Health care is gaining. We have Consumer Staples being pulled lower in part by earnings from coke. I wanted to look at other earnings movers that are not quite the biggest names but still important ones to mention. Textron coming out with earnings that Beat Estimates. The company saying bell little changed in terms of sales but its growth in industrial Aviation Industrial and aviation that did better than estimated. The chipmaker coming up with earnings that
Case. The headline is the judge has dismissed the competency case. The winds that fight. Chairman of a company that is privately held. He is also on the board for cbs. Good afternoon. I am alix steel. The great fed disconnect. There is a chance of a rate hike in june. They are warning to not cannot the fed. Torlet, there is a new vote impeach the brazilian president. Crudethe Worlds Largest exporter must find a way to compete against shale. Head over tos julie hyman. Its been a mixed day so far and i please. Julie there is not any reaction to the news about sumner redstone. He is 93. Lets look at the major averages. The dow is down a quarter of percent. It turned lower mid morning. It has not recovered. Fluctuate, averages its been in a tight range today. We bounce back from two weeks of losses. S p, weve at the seen that bouncing around a little bit. Here is not ae very big one. Weve been talking a lot about how investors dont have a lot of confidence in the rally. One of the ways we
After muddy waters, the research firm, said questions in a report of by the extent of the transparency in the eurasian market. This Company Reported earnings today and basically it cut its fullyear forecast after posting a profit decline in operations former soviet countries. Trying to move out of those markets and focus on your. Europe. It will like it is moving higher. It is moving more than 1 . This was called higher. Gaining after the swiss drugmaker raised earnings forecast by a new drug for love diseasefree Deutsche Bank is pretty flat. A new drug for long disease. Deutsche bank is pretty flat. A Foreign Exchange unit mistakenly sending 6 billion to a u. S. Hedge fund client and retrieved the money a day later. We will hear more later. Very much. Hank you and remarkable story out of Deutsche Bank. I will break it down later. The ftse 100 almost dead flat. For, germany,ight up about 0. 1 . The early moves. The marks to wrap out of asia with the david in hong kong. David good morni
Half hours time. It looks like investors do not anything germanic ahead of that on a macro basis because the s p and dow slightly lower. The nasdaq slightly higher here today. Gross closer to resuming and surpassing its record high. Take a look at my bloomberg terminal. I the intraday moves going back to six months. The record high was reached back in july, july 20 to be exact. We are 1 below that level. Indo see a rally for stocks december. We could see not only the nasdaq but other averages once again surpassed those records. Today, yahoo ogy is in focus. The wall street journal reporter that the company was considering a sale of its main core internet business, leaving olli alibaba states. Qualcomm is an outperform after coming to an agreement with xiaomi. It is a 3g and 4g patent agreement that will allow for royalty fees. This is important because qualcomm had said last month that it was maybe having issues with negotiating those speeds with its chinese customers. You can see the