Year auction that has taken the wind out of the big Growth Stocks. 59 minutes left to go. Now just about 20 points away from a record on the s p 500 wilfred, we crossed over that level that would have been a closing high we lost a the lot of steam i know. We didnt quite make it and sold off near the close but doesnt look likely to happen today as things stand lots to come on todays show well hear from two key market voices as the s p 500 nears and pulls back and then hovers below that all time high dan niles and mohammed larian will join us well discuss the growing china fallout with Carly Fiorina lets start with the key stories were watching mike santoli is looking at the recent recovery in bond yields and joining us to talk about apple as they hit the new high is tony from Sanford Bernstein its really not that unusual for the market to hesitate for a while when it reapproaches an all time high. Although, it seems almost a little too cute the way its done the past few days really floa
Is that is the new normal successive governments of welcome russian oligarchs and their money without in homes and there is a lot of russians with very close links to. Putin who are now very well integrated into but both u. K. Business political and social see what we refer to as lending as it london ground yet few if any questions of the National Guard the problems of considerable wealth. This open door approach has provided an ideal mechanism by which illicit finance could be recycled through the london laundromat Patrick Diamond is an associate professor of Public Policy at Queen Mary University of london he says the report shows the u. K. Has been ill prepared to deal with russian interference. The report itself doesnt really contain a smoking gun in terms of highlighting incompetence or nefarious practice on the part of any particular individual or agency it really highlights in a sense systemic use use which is to do with the front of the British Government the British Intelligen
And individual names getting lower. That keeps it pretty much unchanged year to date we have a massive show coming up discuss the latest stimulus negotiations th thats any minute now its the key question for the markets today. And then as the heat gets turned up on big tech, well talk to the always candid ceo about the precious ceos facing testimony tomorrow and the stay at home trend a huge swell of tech earnings coming to day and later this week. Lets start with the broader markets. Mike, over to you. Thank you we have markets on pause for the most part today. Bond market is qui wet yields at the lows stock market, too, is hugging this very familiar area, basically flat on the day. That is an area of attraction. Well see fit lasts for now. It is the defensive factors. The ones that benefit from low yields that are up today, real estate, staples and utilities. Take a look though at a couple of indicators as we wait for the fed decision tomorrow. Whats going on and how quiet the bond m
Host our guest reporter is cat zakrzewski of the Washington Post. Mr. Spalter, if you could begin by reminding us what u. S. Telecom is and who you represent. Guest thank you very much, peter. It is great to be here paid ira present the future of connectivity. The members of the u. S. Telecom are the innovators and Technology Company that deliver the networks of the future to all americans. We have Large National providers like at t and verizon and a wonderful regional providers like consolidated frontier and windstream and Alaska Communications but we also represent a number of our smallest providers serving a Rural Communities across the country and around us as well its one of the most innovative Global Technology and prizes like cisco and ericsson and they are also a part of our effort to raise the bar when it comes to this Important Technology which is broadband. Host give us a snapshot, if you would, mr. Spalter of the last couple of months for your Member Companies. Guest i thin
Resee recovery in retail sales dow down 271 session lows 59 minutes left of trade the nasdaq has been the underperformer is actually off its lows were kind of moving around, as we speak, in the final hour. All the major indexes are lows ahead on todays show, well speak to mike sievert. Well get an upgraciointergrac sprint and the president of the university of arizona will outline his plan for the fall semester as cases and hospitalizations rise in that state. Well focus on the big stories were watching at this hour Steve Liesman with details on todays jobless claims will is digging into Big Bank Earnings and meg has details on johnson and johnsons results. But, steve, start us off with the jobs picture. You know, were getting two different stories from the jobless claims one of improvement and one where the improvement has kind of flat lined. Well take a look at the numbers. Claiming coming in at 1. 3 million. Above expectations dow just 10,000 on the weekly jobless claims thats kind