Afternoon. Plus the business of back to school, rapidly approaching that time of year again, some School Districts heading back maybe later this week, next week, and this fall students, parents and teachers are facing a wave of issues including inflation and Artificial Intelligence. Were going to take a dive into some of those issues over the next few days. Kelly, take it away. Its more complicated going back to school than it used to be were also getting more complicated trading where the markets continue to be unpressue nasdaq once again the underperformer down 101 at the moment some huge earnings moves to mention. Roblox is plummeting 21 today, its back below 30 a share, missed on the top and bottom lines, wider loss than expected. We will have more on that in just a moment. Carvana also lower by 3 , we had this 0800 run up this year each with todays pull back, still one of the most incredible runs weve seen of 42 a share. More on the chart in just a little while. And as tyler menti
Closing high for the s p and for the nasdaq and also extending that, 5300 on the nose there for s p 500, so we will track all of it over this next hour of trade. Rates are lower across the board and that means tech, utilities are leading the way, too. Lets take a look, there is text, utilities, and smallcap getting a nice bump, as well. Apple has been on the tear lately, now back above 900 per share. Or, 190, i meant. 190. Im getting a little bit ahead of myself. Lets get to the ai announcement first. Maybe an iphone refresh. You get where im going. Technology will be here later to give us that story. That gives us to our talk of the take, whether it is okay to be bullish on stocks. Lets talk to josh and cameron, josh is an nbc contributor. I got ahead of myself on apples price, but we are not getting ahead of ourselves on these new records for all of the major averages, so i just ask you, is it time to get more bullish . Well, i guess i dont get more or less bullish based on price act
First Abigail Doolittle tells us everything going on in the markets. Small small gains for the nasdaq but nonetheless looking at it caused with the reflation trade, the dow and s p 500 trading lower, the doubt on pace for its worst day in the month of february. Thething else about today, first day in seven trading sessions that we do not have some sort of record high for these three major averages. A bit of a pause in the reflation trade. We have stocks close to the record highs and still do not have a 1 move for the s p 500. ,hen we go into the bloomberg the top orange line is a 1 move up in the bottom line is it one person move down. We are now on day 49 without a move up or down. Day 89 without a move to the downside, the last time that happened was in 2016. Stocks trading to alltime highs on the reflation trade, the risk rally, we do not have any really big conviction behind it or big moves. The last view times the other ranges broke it was on massive volatility so when this tradin
First Abigail Doolittle tells us everything going on in the markets. Small small gains for the nasdaq but nonetheless looking at it caused with the reflation trade, the dow and s p 500 trading lower, the doubt on pace for its worst day in the month of february. Thething else about today, first day in seven trading sessions that we do not have some sort of record high for these three major averages. A bit of a pause in the reflation trade. We have stocks close to the record highs and still do not have a 1 move for the s p 500. ,hen we go into the bloomberg the top orange line is a 1 move up in the bottom line is it one person move down. We are now on day 49 without a move up or down. Day 89 without a move to the downside, the last time that happened was in 2016. Stocks trading to alltime highs on the reflation trade, the risk rally, we do not have any really big conviction behind it or big moves. The last view times the other ranges broke it was on massive volatility so when this tradin