Markets. Dow is up 181, 30,150, all three of the averages setting record highs today. Shannon, you have made some very interesting moves in your portfolio, both what you have trimmed and what you have added to first to what you have trimmed apple and microsoft. T tell me why. So really two different stories here, scott. First of all, ill start with microsoft. As i talked about on the show, this is our Largest Holding and remains a very high convince for us we still have a lot of confidence in azure and the endtoend software it offers but from a portfolio perspective, it was time to trim apple, weve seen a significant runup, 75 in the last year and we really feel like a lot of that has come on multiple expansion. Weve gone from about 15 times to about 27 times. Although we do believe in the services storyand the mo monetization, we think there are better opportunities we trimmed back from a market weight to an underweight were going to continue to hold the stock and maybe look for oppor
Stock market. And what weve done has been amazing, and weve done an amazing job. And its rounding the corner, and we have the vaccines coming and the therapies coming. Coronavirus dominating the conversation during competing town halls. Well show you the biggest moments of the night. But first a lemur is no longer missing. The endangered animal turns up tonight as the mystery grows over who stole him and why. Tonight the lemur is home safe at the San Francisco zoo. How did the primate end up on the peninsula . He was spotted this evening at a daly city preschool some 5 miles from the San Francisco zoo. Check out the map. Its a distance. Tonight the search continues for who stole the lemur. You spoke to one of the men who first found him. Reporter and you can imagine it was quite the shock. It was picking up his daughter when he parked his car, got out and one of the kids shouted lemur. He then took a quick look and noticed, hey, thats the one thats been missing. Tonight mocky the lemur
Tech stocks underperforming today, pulling back more of mondays gains or giving up mondays gains, i should say, still on pace for a positive week 59 minutes left of the session, exactly down. 5 , sarah. Weve got a big lineup coming your way National Economic Council Director larry kudlow will join us to talk about the stimulus negotiations and any Economic Impact there. John shrewsberry of wells fargo will be with us and well talk to David Malpass and the race to fund Vaccine Development around the world. First off, though, lets get straight to the big stories were watching mike santoli is watching the market pullback. Rick santelli has the bond report but lets start with mike santoli. Big tech and momentum growth that have been running pretty hotly. This modest payback mode for the prior few weeks. Lows for today were right exactly where the s p closed on friday essentially made this roundtrip a couple of times, trying to bounce off of them yes, if you look at energy, look at pure val
Current temperatures in the 70s in hayward and redwood city and that just sort of gives you a preview of how warm it expects to get into the afternoon and the big concern here is the dry northeast winds and the red flag warning in effect through 11 00 a. M. And gusty conditions and ill go into more detail on that coming up in just a few minutes. Mike . All right, vianey. One little segment closed roadway and over in the trivalley. As we get a look over there. Eastbou eastbound 84 just before 4 00 a car hit a tree. Doesnt sound like anything major. The tree is across the eastbound lanes and that will be a problem. Very dark right now of course before sunrise well track that. The main commute through the trivalley is fine and oakland where we already see slowing northbound towards the construction at 29th. Back to you. Thanks so much, mike. Among the thousands of customers in the bay area impacted by the Public Safety power shut down the city of calistoga. The people there just trying to
Morning. And ready for takeoff . Were asking you, loyal viewer, if the time is right to get back in the air it is thursday, october 15th, and this is worldwide exchangeexchange exchangexchange good morning, good afternoon or good evening, everybody and welcome from wherever in the world that you may be watching im Brian Sullivan it could be a rough day for the markets. Dow off nearly 300 now, lack of stimulus from d. C. And concern about new lockdowns in europe will probably get most of the headlines, but weve nine th known that for a while and this could also be hitting sentiment right now. The Financial Times reporting that france and netherlands seem to be on board with a possible plan to go after big u. S. Tech companies, a leaked paper suggesting that an effort to break up some of the big names is, quote, on the table. Look at those losses in europe, apple down 3 , facebook off 2 and amazon down 2. 5 and here the dow shedding another 160 plus points and on track to snap a two week