Sue is off tonight. Today stocks moved higher, sharplyigher on a familiar theme, trade. Chinese officials were quoted at sayiy wanted to resolve the current trade conflict in the u. S. In a wacalm manner. Some took it as a sign that the Chinese Government will not retaliate against the latest round of tariffs and the bulls ran with it on wall street. The dow was up 26 points to 26,362. The nasdaq added 116 and s the gained 36. As bob pisani reports, this rally does not have the certainty of some reporter the rally rolls on. Stocks ended yterdays gains ater chinese officials s positive tone for u. S. china trade talks. K man for Chinas Ministry of commerce said they are willing to solve it with a calm attitude. It comes three days before the next round of tariffs are slated to go into eect. That happened before theap a opg be stocks were higher throughout the day. Tradeheavy industrials like boeing and caterpillar were up. Tech names like alibaba were up. These are names withi the cycli
Ban on huawei. Grounding may have serious implications for boeings future credit worthiness. Shery lets get you started with a quick check on how markets closed in the monday session in the u. S. 3 , as we rallied had tech shares leading the gains. The Philadelphia Semiconductor index up 2 . We had some positive trade news on the u. S. China front, not to mention a time of earnings and analyst calls. Apple being the biggest win on the nasdaq, up. 7 , with Morgan Stanley boosting its price target for the stock. We had Energy Shares gaining ground with crude jumping the most in more than a week. Tensionsanu. S. Ongoing in the middle east. Lets see how things are shaping up for the asian market. Pointing tores are modest gains in toto, sydney, and seoul. Tech firms very much interview with optimistic call travel and macron plus micron plus. On the koreajapan parade fund, governmentont, a official from south korea reportedly said the country is preparing a plan for a Semiconductor Test to
Welcome, everybody, to the aforementioned power lunch. Im Tyler Mathisen all three major averages are on pace for a second consecutive day of declines. Havent seen that in a while the dow down triple digits at this hour. Down 141 points. 175 points at its low earlier today. Now, boeing and apple account for roughly half of those losses that you see right there the russell 2000 and dow transports have both been slipping back into correction territory. Kelly. Thanks. Stocks are lower again today as apple drags down tech and the fed looms large. Bob pisani has more at the New York Stock Exchange. Hello, kelly. Downgrades are dominating trading today. Tech, including semiconductors are down the leadership board pretty narrow energy is up on oil strength the rest of the leaders are largely defensive like real estate and consumer staples. Retailers, though, doing well. Under armour, nike, and gap helping Consumer Discretionary elsewhere, no big news on the fed or trade today those are the tw
Welcome to the whole story. You may have noticed dining out right now is different than it was before the pandemic. For one, there are fewer restaurants. An estimated 70,000 fewer since covid 19. Higher prices and sometimes added Service Charges that many restaurants say our final to keep them running. More restaurants are Offering Takeout and delivery services. Restaurant and had to adapt and evolve in order to survive. One of the establishments that didnt survive was bobby flays longtime new york restaurant got two. He close the doors days after the lockdown began and that Experience Led him to think about who made it through the pandemic and why. Over the next hour bobby flay takes us to restaurants around the country from oregon to kentucky to new york and introduces us to some of the leading chefs and experts say that dining out has changed for good. March 2020. States are shutting down restaurants. That is a sector that has switched off overnight. Like so many in the restaurant i
March, 2020. States are shutting down restaurants. Thats an Industry Sector that switched all. When you look at big moments like that, how do you face it . What do you do . It was so not in our play book. Major d was telling people i know youre used to this, but thats a remarkable thing to have on a constant basis. People have been waiting for four hours. It was something i didnt have the strategy. We werent able to go to work or order food. No food in the Grocery Stores. But my Chicken Farmer saying now his business is wiped out and Big Box Stores are frantically trying to make deals with these guys. By the end of march, 2020, financial losses and Employee Burnout had taken a toll. Introduce yourselves. Did you close . We never closed. Which in retrospect probably would have been the smarter move for everybody. Because nobody knew what to do. Nobody knew what to do. I think our business was already on a lot of ropes. My per view showed me we were running on very archaic system. In New