This is 3 declines for each of these markets. Joe, it looked worse overnight well see what happens as we get a little closer to the opening bell youve been watching the treasury. It was lockdown. It was lockdown for quite some time. And it really was about i couldnt help but saying, this is the politicians fault. It was if they had done what they looked like they were going to do as of friday, i dont think it would have been like that but then again, we may have had the, all right, they passed it, were up and then that sells off. In this world, i dont know what to hope for anymore. This is how it works, though. Im going to read something in a second that im so excited about. I even got more excited about this than i did about the futures not being locked down is,000 points. Weet gel well get to that. It was 954 points or something. Yields have come down. The tenyear was down at 0. 829 . Again, that volatility is spreading not only through the stock market but treasuries. Its been amazi
Down to 67 basis points today. Road map begins with the year of trump. One year since donald trump historic run, is there still room to run for the stock market rally that followed . A snap lifeline tencent posts a 10 stake. A snapchat redesign. A president ial warning to north korea, do not try us we will go live to beijing, the latest stop in the president s tour of asia it was the year ago today that donald trump was elected president , market history has been made with stocks constantly hitting record highs since the trump election, the nasdaq is up 30 and s p a 21 gain guys, if you look at first years of incoming president s, its third behind kennedy who had 26 his first year and bush 41 had 23 were going to look all morning long at the impact on m and a and how the tweet moved individual names. Its worth talking about. Lets get one thing straight, the rest of the world has been good too i dont want people to say if they hadnt been in america i do think theres an atmosphere that c
The ashes . That is what you did in virginia and new jersey. And your guy your guy going to politics who is my guy . Deblasio. My guy. 60 youre a new yorker hes your mayor hes my mayor hes my mayor. Thats my mayor. And he we had him on the show before ive also had commentary that has not always been positive about some of the things he said i know. I know youve been critical you have not been positive of deblasio, im just yanking your chain. So the prospects for tax reform what do we think i think it gets more complicated. Is this a picture of the future . Is this something they can look at a year from today and say election day all over again if we dont have something passed potentially in all fairness im glad you guys got it. Its nice once in a while. You were off a low base. A lot of state legislatures and governors. You are talking about the democrats having a good day for the first time in a long time. Youre looking at the democrat over there . That democrat . Its been a long time
Im michelle carusocabrera. We have a new trading month under way. Its been a narrow mixed session and then some volatility here in the last few minutes because of what President Trump said. Nasdaq outperforming the dow and the s p 500 again hitting another record interday high. Speaking of highs, check out these names. Price line trading at an alltime high back to its i po in march 1999. Yes, that would be an alltime high. Electronic arts alltime high in 1989. Dales force, ditto, ipo june of 2004. Ceo marc benioff will join jim from San Francisco tonight on mad money. Jim cramer, of course. Melissa, check out shares of tesla up more than 3 today. So far the stock is up this year, get this, more than 50 . First, though, to dom chu with breaking news. What we are watching now is a move in the financial stocks, big bankrelated ones on the heels of bloomberg headlines saying that President Trump is weighing possibly a revival of the 1933 act, xheshgs banking operations. He told reporters i
Shout out to President Trump with this, i guess. Im wilfred frost, good morning to you from me as well. Final trading day of may. Did break that sevenday winning streak yesterday for stocks. Still stocks are up for the month of may. The nasdaq is the clear winner up almost 2. 5 . The s p is up a little more than a percent. And the dow is up less than a percent. This is all monthly figures im giving you on this final trading session of the month. Dow futures down 6 points in early action. S s p and nasdaq up. Tech is up 4. 5 for the month as a whole. Tech as a defensive, tech, Consumer Staples and utilities are best groups. 7 out of 11 sectors are higher for the month. Br broadbased rally. The british pound, sterling taking a hit after the release of the late ef yst poll which s theresa may could lose the majority after next weeks election. Sterling down to 1. 2785. Yougov is not calling this a pot but a projection. They are staking a lot on the data, saying this is a possibility but we