The oil markets. First, stocks kicking off the first trading day of the new year on a high note. And if the january effect plays out, todays gains could be a positive sign for 2018 bob pisani here with the story bob . Reporter yes, just a lot like 2017, some of the big names are moving today semiconductors doing well. Lot of interest in that. We see Retail Stocks doing better we see energy doing better heres something curious, the banks are not participating in the rally. I find that interesting given that the ten years been moving up utilities have have been a loser for a long time. Thats no surprise here. Look at some of the big banks. Come over here citigroup here down 0. 4 on very light volume most of the big banks, regionals in particular are down fractionally not a great month, frankly, if you want to look at january. We asked our friends to take a look at the last five or six years in january it tends to be a down month. Nasdaq and the s p and the dow industrials all to the down
You picture that in power lunch starts right now. S. Hey, everybody welcome to power lunch for a wednesday. Thanks for joining us. Im tyler mathisen, stocks on track for the first down day maybe for 2018, and you want to be volatility you wont see it there look at those moves. The dow just peeking into positive territory by 0. 01 of a , led by the airlines, american, united, delta all flying a new tenmonth high and breaking news on the tenyear auction results Just Moments Away were above 2. 5 Home Construction stocks tracking for their worst day, folks, in more than a month. Morgan i am Morgan Brennan are Rising Interest Rates a threat to this rally we have all the angles covered Rick Santelli in chicago watching an auction of tenyear notes. Steve liesman here on set on the rapidly Rising Interest Rates, but we begin this hour with bob pisani where stocks are rebounding bob, whats going on slowly but surely, about you it started out rather rocky. Preopen, the futures contract, where ab
And into the fryer good thursday morning welcome to squawk alley. Were at post nine of the new york stock exchange. Dow is down 91 currently the worst drop of the year so far. The big news today though, amazon announcing the finalist for the hq2. We have details. Good morning, carl. And lets go straight to a map of the 20 contenders youll see that most of the locations, they fall in the midwest, south, and east coast of the country away from amazons current home of seattle and the west coast in general where most of the Biggest Tech Companies are. The only city from this coast, the west coast on that list is los angeles. And the only city outside the u. S. Is toronto, canada. It has tons of engineering talent close by. An interesting candidate given the current political environment. Now other contenders include cities that already have ties to amazon or jeff bezos like austin and washington, d. C. , and where he himself bought a home last year the other cities on the list like boston,
Up, and has recouped a lot of losses. Beenlso a big help has stocks trading at a record. As we see stocks here at the highs of the day, and you heard scarlet mention Warren Buffett, ts a cap Archer Hathaway s tradinghathaway higher on the session, and another story on apple that we will be discussing throughout the day is a scoop by our apple reporter sake company is prepared to release a trio of smartphones this year, the largest iphone ever and an upgraded iphone x and a less ed bets of model as well less expensive model. Of thes into the theme tech outperformance we have been watching in todays session. Semi conductors have been outperforming in todays session as well as tech continues to lead gains. There are of number of Telecom Conference is taking place this week so there is of announcements and commentary from this conference is. Volume has been declining to some extent. , you can see the year to date drop and recovery in the s p 500, but volume spiked while stocks were falling
Cyberdialogue when russia is sincere. In munich we must gain mutual trust for iraqis and everyone. Without this, we cannot. U. S. Investigators reportedly find software which helps cars and sales gains in the Fourth Quarter missed expectations for the consumer. And does expect better results this year. Good morning, everybody happy monday of course, u. S. Equities did end the note on a much better week last friday with the dow ending above 25,000 mark and s p avenue 2750 lets take a look at european markets this morning the picture is mixed roughly 50 50, as lackluster stock and stoxx 600 in line with u. S. Equities did end the week up 3. 2 and that was the best week since early december switching to individuals, over there, you can see, the bond performing, down 3. 5 lots of data to watch out for in the uk this week of course, weve got the employment data, and expect a few headlines to come out of there. And the dexetra dax did have a week last week switching to sector, oil and gas, u