Welcome to power lunch. Im melissa lee. The dow Holding Steady right now close to wiping out 170 point loss s p 500, in the meantime, is rallying but it is all about the nasdaq today making a strong run out of territory the index also aiming for biggest monthly percentage gain in more than seven years were watching General Electric shares having their best day much more coming up but we begin today in washington and President Trump speaking a short while ago about the trade war with china a high stakes negotiations taking place in the next hour. We begin with kayla. What do you know this hour, kayla . Reporter the official white house line is the u. S. Is focused on substance and not next step but in a series of tweets and oncamera comments today, the president , whiling a knowledgi knowled cknowledging theres a lot of work to be done, hell be meeting president xi in the future and expects a deal can happen by march 1st. Were taking in billions of dollars and frankly, were creating a l
Good wednesday morning welcome to squawk alley. Im Carl Quintanilla full market coverage this morning across the board with the s p and the nasdaq having their best twoday stretch in two and a half years it is the last trading day of the month but an october to forget for tech. The nasdaq has a correction, facebook reversing the narrat e narrative, up following earnings our bob pisani following the rally, dom chu with a look at valuations and whats been lost this month Bertha Coombs will give us an update from the nasdaq and julia tracking facebook. Phil lebeau with gm shares sharply higher as well but well begin with bob pisani. Its been a lousy october but its going out with a roar i want to show you the s p 500, whats been happening the last few days we bottomed on monday and moved 118, 120 points since then the dow has moved 1,100 points since the bottom on monday the s p is up 2. 5 watch the beat and up groups when you see them bounce, thats when you start to see some stability, a
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The Trade Desk is experiencing a surge in its shares Thursday afternoon following a significant development in the advertising technology landscape. The catalyst behind the move appears to be the recent announcement made by Netflix Inc (NASDAQ:NFLX) regarding its plans to launch an in-house advertising technology platform by the end of 2025.