22 years after our nation was attacked today. These are your top stories at 6 00 a. M. Eastern time. Well, we are beginning the first full trading week of september, taking a look at futures, the dow is up by 74, nasdaq up 84, s p up by 17. This ahead of a big week of Economic Data where investors get a read on inflation, ppi and rel tail sales come out thursday. Take a look at european markets. As you can see, youve gone green across the board. Over to your asian markets as you can see we do s. Lahave a mixedstory there. Meanwhile, President Biden delivering a rambling speech in theet vietnam while talking about economic priorities with china as the house readies a slew of investigations when they return from recess tomorrow. Then, 22 years later, we reflect back on what we have seen since september 11th, 2001 after the worst terror attack on american soil. Were going to tell you the stories and were going to honor those that we lost all morning long. And joining the conversation all
22 years after our nation was attacked today. These are your top stories at 6 00 a. M. Eastern time. Well, we are beginning the first full trading week of september, taking a look at futures, the dow is up by 74, nasdaq up 84, s p up by 17. This ahead of a big week of Economic Data where investors get a read on inflation, ppi and rel tail sales come out thursday. Take a look at european markets. As you can see, youve gone green across the board. Over to your asian markets as you can see we do s. Lahave a mixedstory there. Meanwhile, President Biden delivering a rambling speech in theet vietnam while talking about economic priorities with china as the house readies a slew of investigations when they return from recess tomorrow. Then, 22 years later, we reflect back on what we have seen since september 11th, 2001 after the worst terror attack on american soil. Were going to tell you the stories and were going to honor those that we lost all morning long. And joining the conversation all
22 years after our nation was attacked today. These are your top stories at 6 00 a. M. Eastern time. Well, we are beginning the first full trading week of september, taking a look at futures, the dow is up by 74, nasdaq up 84, s p up by 17. This ahead of a big week of Economic Data where investors get a read on inflation, ppi and rel tail sales come out thursday. Take a look at european markets. As you can see, youve gone green across the board. Over to your asian markets as you can see we do s. Lahave a mixedstory there. Meanwhile, President Biden delivering a rambling speech in theet vietnam while talking about economic priorities with china as the house readies a slew of investigations when they return from recess tomorrow. Then, 22 years later, we reflect back on what we have seen since september 11th, 2001 after the worst terror attack on american soil. Were going to tell you the stories and were going to honor those that we lost all morning long. And joining the conversation all
Washington about the massive spending bid are the bond vigilantes back power lunch starts right now good afternoon and welcome to power lunch. I dont know about you, but i cannot remember a week quite like this one. Another day of wild swings on the dow. Worst week on track for since october 2008 during the financial crisis the dow and the s p 500 hitting correction territory. They are off 10 from the recent highs and nasdaq darn near close to it. Tesla touching bear market levels, off 20 from its recent high fedex, ups, taking hits on the reports that amazon is now going to muscle into their territory michelle. Well see on that the latest on the topsyturvy friday lets get to bob pisani on the floor of the new york Stock Exchange. We are off the lows lets look at sector were getting a flight to safety in the ten year bond and reits beaten up, Leadership Groups and banks count them in the middle but industrial and energy and materials, the growth sectors, they are the ones that are gett
Oil posted its best day in seven years gaining 12 on hopes of a possible Production Cut that we told you about last night. The Banking Sector also pitched in having its best day since 2011. Helped out by a big buyback that well tell you about in just a few moments. Some strong Economic Data helped out as well. Add it up and a recipe for a rally. The dow was up 2 to close at 15,973. Nasdaq rose 70. The benchmark s p 500 added 35. Thats also about 2 . For the week it was a different story. The dow was the big loser down nearly 1. 5 . The nasdaq and s p both off more than. 5 . Bob pesani has more on todays rally. Reporter the market cannot decide how it feels. All week we were in the usual quasipanic mode that characterized the entire year. Oil down, bond yields were down, gold up, yen strengthening, Global Stock Markets down. Then everything changed at 2 30 p. M. Eastern time yesterday. Oil trading at 26, a 12year low, turned around on remarks of the uae opec minister that opec may agree