Welcome to squawk alley. Were at post 9. Jon fortt has the morning off. Were watching the markets after yesterdays selloff. Average. Announcer pressure following the second worst day of the year for the dow and s p 500. Nasdaq coming off the third worst day of the year and on track for the first four week loss since 2016. Bob pisani watching all of that on the floor bob . The question is are the markets in trouble here . The answer is not yet. But there is some cracks developing so weve seen something in the last two weeks we havent seen in a long time a selloff last week and another one this week. Thats starting to do some technical damage several elements have really come together. So first, theres leadership doubts about President Donald Trump emerging and the ability to get tax cuts through. Traders have been alarmed by the dramatic decline of the small cap rustle 2000. Its down 7 from the historic high about a month ago so its now flat for the year. With the s p 500 up 8 for the y
Najarian lets begin with a look at the major averages boy, what a different story it is at this very moment s p and nasdaq are positive. The Dow Jones Industrial average, knocking on the same door, as well. Josh, this is a far different story from how it looked a half an hour ago. Yeah. This is what its come to this is the big pivot, scott hes pivoting were looking at the future of employment for certain people in the white house, is now the main driver for stocks like, intraday in late august, when all the real money is out at gurneys, you know, yes. But bigger picture, like, i dont feel like this is really changing peoples positioning, whether or not Goldman Sachs is going to win out over the clan inside the white house like, i dont i really dont feel like the position has changed that much. Lets keep in mind, though, s p was 2. 7 off the high this morning at its lowest levels, but russell was 7 off the high. So if you really want to gauge sentiment and you really want to get a good
Barely. Never the less, it marks the longest string of weekly gains for nasd2010. That streak hit eight despite a slight. Stocks came under pressure as expectations for an Interest Rate hike later this year rose. Despite those daily declines, stocks remained near their all time highs. Today, the Dow Jones Industrial average off 45 to finish at 18,552. Nasdaq fell one and the s p 500 week, fractional moves with the nasdaq, remember i said barely, well, it was baw a the lower. Despite todays winning streak on wall street, many were according to the wall street journal, Big Companies are giving more of their profits to shareholders than any other time since the financial crisis. Even as record low bond yields put a dividend, but are these payouts putting companies at risk . Lets turn now to mary ann with gradient investments. Welcome. Nice to have you here. Thank you for having me, sue. I guess that is the question. Does the dividend pay out pose a risk forn this market . Well, i can say
Barely. Never the less, it marks the longest string of weekly gains for nasd2010. That streak hit eight despite a slight. Stocks came under pressure as expectations for an Interest Rate hike later this year rose. Despite those daily declines, stocks remained near their all time highs. Today, the Dow Jones Industrial average off 45 to finish at 18,552. Nasdaq fell one and the s p 500 week, fractional moves with the nasdaq, remember i said barely, well, it was baw a the lower. Despite todays winning streak on wall street, many were according to the wall street journal, Big Companies are giving more of their profits to shareholders than any other time since the financial crisis. Even as record low bond yields put a dividend, but are these payouts putting companies at risk . Lets turn now to mary ann with gradient investments. Welcome. Nice to have you here. Thank you for having me, sue. I guess that is the question. Does the dividend pay out pose a risk forn this market . Well, i can say
Barely. Never the less, it marks the longest string of weekly gains for nasd2010. That streak hit eight despite a slight. Stocks came under pressure as expectations for an Interest Rate hike later this year rose. Despite those daily declines, stocks remained near their all time highs. Today, the Dow Jones Industrial average off 45 to finish at 18,552. Nasdaq fell one and the s p 500 week, fractional moves with the nasdaq, remember i said barely, well, it was baw a the lower. Despite todays winning streak on wall street, many were according to the wall street journal, Big Companies are giving more of their profits to shareholders than any other time since the financial crisis. Even as record low bond yields put a dividend, but are these payouts putting companies at risk . Lets turn now to mary ann with gradient investments. Welcome. Nice to have you here. Thank you for having me, sue. I guess that is the question. Does the dividend pay out pose a risk forn this market . Well, i can say