Sara eisen great to have you with us lets get straight to the markets. Extraordinary seesaw session yesterday. The dow up 300 points at one stage in the morning, around about midday lunch time, started selling off, such that the dow ended off 58 points or 0. 25 those intraday swings were similar across each of the indices. The s p ending lower the nasdaq ending down 1 . Definitely the same theme throughout the day whether we were at the peaks or troughs thats the selling of things like tech and buying of things that could benefit from a lower Corporate Tax rate like financials this morning you can see a similar theme once again the dow is higher. The s p is fractionally higher but the nasdaq is lower. The dow up 8 4 points. Tenyear treasury note did rise over the weekend to cross above 2. 4 , but slipped a bit yesterday. It is below that level still today, 2. 38 on the tenyear. Look at whats going on arou around the globe ahsia is mixed but mostly lower. The south korean kospi is highe
Radar headwind weighing on the banks. Were going to talk about that. Both sides of that issue coming up. Plus, unfortunately in venezuela latting continues as they grapple with Food Shortages and an economy that is definitely in crisis and the president is in exile here in the u. S. The director taking a direct swipe at jack dorsey. Well tell you exactly what he said. Lets start with the comeback in stocks today. Bob pisani with the latest. Bob . Its been an interesting day. To a certain extent were become smacked around by brexit concerns and particularly on the currency markets. Take a look at what happened just about the time of the european close at 11 30. The dollar weakened. The euro strengthened as well. It happened when we heard about the tragic death of the mp over there, joe cox. We saw knockons as a result of that. We saw a modest lift during that time and weve just turned positive for the day. The dollar weakness had a very important effect. It stabilized oil. Oil had an ug
Rise again. Should you lock in your rate right now . We begin with what we told you about. Crude is soring and we are currently at 3 . And its in the past month alone. Everyone wants to know. Hey there, jackie. I will start with the question and i will answer it right there. We are over 60 today. Traders are telling me they think i could go to 65 by memorial day. That is because we made the run for 60. There has been a lot of resistance and geopolitical events are taking us over the edge. There was closure of a port in libya by protesters and we have seen skirmishes for sometime. People are focusing on saudi arabia and the situation in yemen as well. Geopolitics was the one thing we said could bring us higher despite the fact that we have a global oversupply situation. Right now traders are shrugging that off for the most part. You have a weaker dollar and that is adding support as well. I will say this. In terms of prices at the pump this is not a good thing for consumers. 2. 63 is th
The smallest microcap stocks, which should benefit most from a sunnier economy, are still remarkably inexpensive. Here are some funds to ride a possible boom.