As dominic chu tells us, these kind of moves can make investors nauseous. Reporter after what seemed like a relatively calm upward trend for stocks throughout much of last year the roller coaster ride came roaring back in just the first month and a half of the new year. Larger cap stocks as represented by the dow and the s p 500 are for the most part flat yeartodate. But dig a little deeper and you can see where the angst is coming from. The dow at a triple digit point move up or down for twothirds of all trading days so far this year. And the daily trading range for the dow has been a triple digit move between daily highs and daily lows almost every trading day this year. Now the caveat here is as the dow grows in size the relative percentage move related to triple digit swings diminishes. Still, its been a rough ride for some investors who try to follow every tick. A number of factors have contributed to the volatility and could continue to do so in the coming months. First, uncertai
As dominic chu tells us, these kind of moves can make investors nauseous. Reporter after what seemed like a relatively calm upward trend for stocks throughout much of last year the roller coaster ride came roaring back in just the first month and a half of the new year. Larger cap stocks as represented by the dow and the s p 500 are for the most part flat yeartodate. But dig a little deeper and you can see where the angst is coming from. The dow at a triple digit point move up or down for twothirds of all trading days so far this year. And the daily trading range for the dow has been a triple digit move between daily highs and daily lows almost every trading day this year. Now the caveat here is as the dow grows in size the relative percentage move related to triple digit swings diminishes. Still, its been a rough ride for some investors who try to follow every tick. A number of factors have contributed to the volatility and could continue to do so in the coming months. First, uncertai
As dominic chu tells us, these kind of moves can make investors nauseous. Reporter after what seemed like a relatively calm upward trend for stocks throughout much of last year the roller coaster ride came roaring back in just the first month and a half of the new year. Larger cap stocks as represented by the dow and the s p 500 are for the most part flat yeartodate. But dig a little deeper and you can see where the angst is coming from. The dow at a triple digit point move up or down for twothirds of all trading days so far this year. And the daily trading range for the dow has been a triple digit move between daily highs and daily lows almost every trading day this year. Now the caveat here is as the dow grows in size the relative percentage move related to triple digit swings diminishes. Still, its been a rough ride for some investors who try to follow every tick. A number of factors have contributed to the volatility and could continue to do so in the coming months. First, uncertai
About three points going lower here, and the nasdaq were keeping an eye on that one. Its going to be all about the nasdaq this week. Eerily similar to the exact same time of near 15 years ago the nasdaq closed at alltime highs. Its closing in on 5,000. It just turned negative on the session. Were off five points. 4,963 is the level. Were talking about 35 points away from crossing 5,000. Well have lots of numbers coming up on this. Obviously on an inflation adjusted basis you would have to of that index at 6,800 to have it equivalent you could argue. You have that number just right at your fingertips. We were just looking at it but a lot fewer companies as well. In the nasdaq this time around you have Something Like 2,500 companies versus 4,700 last time. Janet yellen getting grilled by the house on the feds independence. They were pretty feisty. Well get reaction from House Financial Services Committee Chair Jeb Hensarling coming up later today. They were really going after her. Oh, ye
60s out along the coastline. Thank you for that. Lets check out your bridges this morning. Traffic moving pretty fast. 7 minute drive base that freeman. She exit your san mateo bridge. 80 to 1, 1, a 12 minute ride heading across towards the peninsula. Richmond, sandra fell bridge about a little under 9 minutes as youre making your way. The tolls to 101 and the Golden Gate Bridge. 37 to the tolls. A 19 minute ride. Well, hundreds of people gathered yesterday morning at the Golden Gate Bridge in solidarity with the people of iran amid violent unrest in the country triggered by the death of a young woman in police custody. There. You heard them chanting her name mahsa amini. The 22 yearold was arrested in iran by the Morality Police for allegedly breaking headscarf rules and died on september. 16th. Iranian police said she died of a heart attack. It was not mistreated, but her family has cast doubt on that account protest on his death have spread across iran and across the world as well.