Run on a cumulative basis has been small. Performer,is the slipping the roles between the dow and the nasdaq that we have seen over the last week or so. The vix is down again, volatility down below 10 today. Points out if you are looking volatility, their places to find it. You can find it in individual stocks, but you can also find it relatively in europe. European equities more volatile than here in the u. S. Looking at the 20 day realize volatility for the s p in blue, its been going lower and lower, and for the s p 600, the stoxx 600 in europe, in yellow. The biggest gap in volatility that we have seen thus far in 2017 with european stocks being on a relative basis, more volatile. Where we also find some volatility is in technology. We have a move today with the nasdaq and the nasdaq 100 specifically, seeing its biggest oneday gain going back to july 19. It hasnt been that long, but its been quiet on the tech front until this most recent gain. Some of the bestperforming stocks in t
1 . The german dax is up about two tents of a percent and the cac 40 up. It is 90 minutes into these training sessions in the u. S. Now. Abigail doolittle has the latest. Abigail we are still looking at advertise. The dow at 5500 and nasdaq all trading higher. The s p 500 and nasdaq are on pace for record closing highs. The nasdaq is sitting at an alltime high for today. It is not onar but for a record closing high. We are watching whether or not the dow can carve out 20,000. If that happens it will tie for the fastest climbing history. We have some strength in the retail sector. Up. S p 500 retail index chelsea Advisory Group says holiday sales are on track or even perhaps poised to beat estimates. We also have amazon trading higher. It is on for its best day and two weeks and amazingly, amazon shipped one billion items over the holiday season. That is amazing. Another amazing factor on ecommerce and amazon. Amazon, between november 1 and december 16 accounted for 16 of ecommerce sale
Milk tastes better or something. The ways tech is disrupting the multibillion dollar ag industry and pretend im brian when i say this, im udderly insane power lunch starts right now. I pretended you were brian so well i rolled my eyes. Lets take a look at the markets this hour. The dow clearly under pressure but the nasdaq higher once again, up for a fourth straight day and for the 12th time in 15 days helping the nasdaq. A big move for shares of amazon. Com. That stock is hitting fresh interday record highs. Check out some of the movers right now that were tracking for you. Sonic 5 . Restoration hardware soaring about 13 on its earnings beat and optimistic forecast and dave and busters down 3 earnings beat but same store sales missed that mark. Brian . I think theyre a bunch of bull and you milked them for all theyre worth. Im brian sullivan. Here is what else is happening this hour. Boston fed president Eric Rosengren calling for four rate hikes. Sales rebound iing to their highest l
Estimates. Road map begins with eli lily abandoning an important Alzheimer Drug, stocks down more than 13 in the premarket. Well have an exclusive interview with meg whitman, corporate americas relationship with president elect trump on the agenda. And the countdown to black friday and a cheerier Holiday Outlook for retailers. The winners straight ahead. First though to some news this morning on the continued search in the transition for the next treasury secretary of the United States. That list does appear to be shrinking. We can tell you this morning that jon gray, the man who runs the real estate business at blackstone, one of the more senior members of course of that firm, is no longer being considered for treasury. It had been reported earlier this week after meetings over the weekend that mr. Gray along with of course Steve Mnuchin who was the Campaign Finance manager for the Trump Campaign were perhaps two of the few candidates left for that post. But this morning i can tell yo
We really had stagnated market for almost two years. Barely inching up highs. I think that trumps and republicans program which the market is much more in favor of than just trumps program can certainly spark another 5 or even more increase. Now, whether it comes by the end of the year, well have to see, but i think we have to be very encouraged by the choices certainly they pick for treasury and commerce. I mean, these are men that are very aware of markets. Theyre very aware of the globalization of our economy. Whats important is that if he goes into an extreme protectionist or import mode, tariffs is greatly reduced with these advisors he has chosen where. He deserve all of our respect. You deserve as much credit as anybody. You have been saying 20,000 on the dow for the better part of a couple of years, if i recall correctly, but nothing has happened yet with the trump administration. These are projections that things are going to happen, and the market has run as if everything has