On the systemic problem for amazons delivery network. And what shares of tesla are doing for the first time in history. All of that as Worldwide Exchange begins right now good morning welcome to the show. Im dominic chu in for Brian Sullivan lets talk about what stocks are doing on this abbreviated trading day. Dow is up by 17 points s p at 1 and nasdaq around 7 markets are closing at 1 00 p. M. Eastern. They will remain closed picking up for a full day of trading on thursday today also kicks off the first day of the official santa claus rally period which happens the last five trading days and first two trading days of the new year the s p has posted 1. 3 average gain in the last ten years, the markets only posted two losing santa claus sessions as you see in 2013 and 2014 the santa rally, a powerful force. Lets go worldwide to see what is happening with the trade. You can see, a fairly mixed session, the nikkei about flat down about 0. 01 looking at what is going on in europe general
Yesterdayramatic selloff rippled through the financial market. Ocks dropped sharply at the open. Then they only to fall, and soar again. In the biggest comebackor the s p 500 since 2011. Lets get right to thelong numbers. The Dow Jones Industrial average rose 560 points to 12, 912. Get this. At the open, the index immediately fell 567. There issing is something about6 think about that when you play the numbers. The nasdaq add 148. The s p 500 was up 46. Investors blamed the vol on intrarate concerns. Computer driven trading, and object structure volatility funds that use leverage. Bob pisani nowlo with a at todays action from the new york stock exching. Talk abonother roller coaster ride for the stock market. The dow tumbled 560 points but reversed course. At the end of the day, the dow travelled at more than 1,000 point rang we havent seen have tilt like that in all of 2071. The dow hit correction territory earlyon. We were down 10 from recent high. But at the close it managed to top
Suspect accused of random g killing a man in cleveland, up this epp loading the crime to facebook. Until they catch me. Its been one year since Legendary Music singer prince died. Today search warrants in the Death Investigation will be unsealed. Gets around, so hell win, right . Easter bunny takes them out, screens wins with birthday cake. Teddy roosevelt went the only one who went down yesterday in washington, the phillies did, as women, losing six to four against the nationals. All right, we send it over to lauren, hopefully the weather today is a winner . The weather today, maybe tie. Yesterday with sunshine, and temperatures in the 80s and off to mild start, dont even need a jacket, feels pretty good. This one for decoration, 65 n philadelphia, were at 66 down the shore, 57 degrees in the poconos, winds out of the west and light, dew points elevated, little muggy feel that damp factor, we will see some showers working on through fairly light in intensity, couple of sprinkles tryin
Good thursday morning here on squawk alley. Also this is insider ceo. Henry, good morning to you as well. First up we are following the latest out of Cape Canaveral florida where a spacex rocket fought fire and exploded. No injuries reported and no threat to the public. The rocket was a Spacex Falcon 9. The fire and explosion resulted in a complete loss of the rocket and its payload which was an israeli communication satellite. It sent a thick plume of smoke into the air and caused a blast felt several miles away. It was caused by what it is calling an anomaly during a static fire test. Henry, how much does this set back the ambitions of spacex . Or is this just a natural occurrence for a company trying to do something very difficult. Its a natural occurrence. Elon musk said rockets are tricky. All the Space Exploration companies they all had these set bac backs. It reinforces the idea that when youre working on these engineering problems things can go wrong. Look at tesla and the issu
Lifts early lockup restrictions on more than 2 million shares. And ben carson cements his lead over his republican rivals in a new poll but president obama takes aim at all the gop candidates criticizing their reaction to the recent debate. Hello, hello. Good tuesday morning. Thank you for tuning in. Lets check in on the u. S. Futures ahead of the u. S. Market open. Were looking at declines being priced in after that rally that we just saw yesterday. Not a bad start to november. The russell 2000 being the best performing benchmark. The nasdaq with a 15 year high. Were 2. 5 away from the all time high back in the bubble years of 2000s. Now lets check in on the Small Cap Index. As we just mentioned the nasdaq already. Lets talk about technology first, guys. I thought we were checking in on small caps first off but as you see 2. 5 from record territory and thats the intraday because we did close above the highs of 200. A great start to november given the gains in october and the gains in