At least 22 people are dead dozens others injured after two separate Mass Shootings in lewiston, maine last night one a restaurant another at Bowling Alley Police Searching for person of interest, 40yearold robert card still on the run this morning, joining me right now former fbi assistant director being from fbi agent attorney Chris Swecker give us your reaction a morning, what we have a lethal combination of advanced military experience and training along with a mental illness, also someone has what i all kaweapon mass destruction ar15, scope laser person that knows how to use it so this is to manhunt dozens agencies responding trying to get organized takes hours literally hours, multiple locations, and i think deliberate i think planned it this way, to increase the confusion so he could escape. Well, lets talk about that because i want to get your take what fbi focused in on in terms of zeroing in on where he is. At this point, do you think he is still in that region . Has he left
That group is down 4. 8 , because of google and alphabet, a sharp negative reaction to earnings there. A big week obviously, on the nasdaq as well, which is down 1. 4 , alphabet will be the bottom performer, but youve also got weakness today in amazon, in apple, offsetting some of the strength in microsoft earnings and tesla. When it comes to finding opportunities in the market right now, our next guest says steer clear of utilities and largecap value, bullish instead on midcaps with a eye on rolling recessions hitting a variety of Different Industries next year joining us, city Global Wealth chief investment strategist, Steven Whiting its an interesting idea to not just worry about overall recessions, but rolling recessions in industries, because what you hear and what ive tried to capture in Certain Companies and industries is very different, whether youre in housing or in travel absolutely. And look, two years belowtrend growth feels awful but its going to accomplish what a shallow
86 points. If youre looking at the treasury market, this has been our big interest point. Right now it looks like the 10year is back where it was yesterday, not back above 5 even though yields are a little higher. 2year is at 5. 08. Crude prices around 85 a barrel this morning, wti is up 3 cents, and then crypto is on fire. If you check out sessions this morning i dont know why i say sessions. Bitcoin is always trading, never stops. Just above 34,000 this morning. Meantime lets talk about todays squawk planner. Boeing, norfolk southern, and tmobile. After the close well get reports from meta, ibm, and mattel. And as joe said, the drama continues for speaker of the house. Tom emmer ended his bid. Dozens of larms and former President Donald Trump expressed opposition to his candidacy, last night choosing mike johnson as their next nominee. A social conservative from louisiana. Hes a former analyst and radio host and served on president trumps defense team during his two impeachment trial
Wednesday october 25. Your top stories, 6 00 a. M. On the east coast. Battles abroad and here at home, u. S. Troops stationed in the middle east seen an increase in attacks on their bases as tensions escalate between israel and hamas. A warning to iran from the secretary of state Anthony Blinken saying the u. S. Will defend itself should enter the conflict, what you need to know on a live report coming up. Markets this morning are flat after double beats and technology space, were talking microsoft and google betterthanexpected quarter and were previewing data and amazon also out this week. European markets are mixed. We have some gains this morning in london but weakness in the rest of the eurozone. The fraction of a move to report. In asia overnight markets mostly higher, fractional move across the board, and asian markets. Back in washington, the house chooses the speaker designate in louisiana congressman mike johnson after latenight boat as investigations continue into the biden f
Make homes more affordable my next guest says it may be time for the government to make a move lets start with the markets, though back to session lows this hour over to dom chu with the numbers. Just about deeply in the red right now, given some of the price action we have seen and certain key stocks within the market, the heavily weighted ones but to give you the state of play, down roughly 44 points for the dow industrials, 0. 1 of 1 the broader s p 500 is where were seeing things play out down 48 points right now 4199 is the last trade there at the highs of the session, it was down about 15 points, down 52 points tat low. So, again, tiltding right around the lows of the session. 4238, thats the level the 200 day moving average, that longer term trend line that some traders are watching keep an eye on that. Of course, the nasdaq composite is down 254 points, 12,885 that represents a near 2 decline, really getting heavily hit right now on earnings reports especially from Big Technolo