S p 500 few you ares up 15 the nasdaq with a gain of about 1. 7 all because of what is happening with four big horseman check out shares of apple, facebook, alphabet and amazon. They went before congress two days ago and came out with earnings that knocked it out of the park on every one of those counts three of the four are trading sharply higher apple up 6. 1 , facebook up 5. 8 , amazon up 5. 4 alphabet did beat earnings estimate did post the first revenue decline and is down 0. 67 . More on those in a second. Lets kick it over to wi will everyone wilford. Good to be back extraordinary numbers, as you said well discuss those in a moment. First check out this mornings agenda as we are closing out the week well bring you results from cat, chevron, exxon and merck. Kol gate, underarmor and others. The late day of july lets check out the market score card owl three major indices on track for the fourth straight gains. Nasdaq the big oner up 18 month to date up 5. 2 . This past week, back
The bloomberg terminal. Reopening in america, President Trump urges the u. S. To get going again, even if it leads to more death. Chinas ambassador to washington calls for an end to the blame game over the coronavirus origin. More pain for europes banks. Lenders try to estimate the damage to their Balance Sheets from the coronavirus shutdown, and the ecb stands by its inflation mandate after a German Court Ruling on its qe program. Bond investors expressed concern about the Central Banks latest ofonavirus stimulus in light that decision. We are under an hour away to the start of cash trading across the continent, and in Great Britain, lets look at futures this morning, pointing slightly lower after a decent rally yesterday, although it was a rough start to the week for European Equity indexes. We are looking at drops of about. 1 right now on the dax futures in frankfurt. Higher in thedge cash trade yesterday. We are seeing futures edge higher once again today, so. 6 gain across the s p
America are piling on mountains of debt. What happens when its time for companies to pay the piper well get some answers on this tuesday, june 11th as Worldwide Exchange begins right now im back hi, from wherever youre watching im Brian Sullivan. Thank you for joining us on this tuesday. It could be a lucky seven for stocks theres a lot of green on the screen, and we can use i another rainy day in new york. Either get another cup of coffee or go back to bed. Dow futures are jurnd under 100. The dow on a sexday win streak. Of course, if we keep this up, it could make it a sevenday the bond yields are ticking up higher the benchmark tenure yield at 2. 16 . Also watch oil Oil Beginning to creep a little bit higher as well were up just under a percent. Also a big night overseas. Not as much in japan the nikkei in japan did rise 3. 1 look at the shanghai come possib posit. And the European Markets like our futures, like asia, a lot of green on that screen as we talked about, germany startin
In the last 45 days, we are back in the green, at least for two, if not three of our major indices. The s p 500, in the green. We will call that flat. The nasdaq has not been able to get out of the hole it dug itself into. Some earnings weighing on some of these indices. , microsoft, cat missing estimates. I want to show you the General Health of the s ps 10 sectors. One of the big reasons for the rise in equities is because of energy. Part, hasr the most been up for the entire day up 1. 2 here the biggest leader in the s p in terms of sectors. Financials are up a little bit more than 1 . On the flipside, Information Technology has been and continues to be the biggest laggards, down 1. 8 , in part, of course, because we have been talking about earlier, apple is in a bear market. We stay with technology. Microsoft down 7 . It did miss estimates coming out after the bell yesterday. Gartner, for example, saying there is a contraction in the market. 9. 6 in terms of pc sales. Alphabet also
Apples earnings that will be out after the close. Right now at 2986 on the nasdaq. The s p is up 2 3 4 points app 1411. So whats the market looking for . We had some good Economic News this morning. Earnings mostly positive, though we cant seem to get a rally going. In todays closing bell exchange, je ngentlemen, good have you on the program. Jim, let me kick this off with you. Talk to us about what youre seeing in terms of the backdrop earnings as well as Economic Data and how they fit into in terms of the valuation of this market here. What do you want to be doing . Were longterm investors, and were fairly optimistic that this things going unfold fairly well. Right now were kind of held in the cross currents of earnings reports and the anticipated election, the uncertainty that goes with that. We think once we get over the election hump that the markets going to look a lot better and then this is jim moffitt speaking, right . Yes. So youre optimistic long return. Jim bianco, any thou