Which has mostly gotten a free ride. Well get reaction from liz peek coming shortly. Spigot to Small Business drying up. So what happens now . All that and so much more on making money. Charles well the dow is up steadily today and the market has been on a roll. The market has done better than you probably know. It is not reflected in the quotes. Give you an example. The s p was up. 006 . Tiny fraction of an increase. Guess what . Nine of 11 sectors were higher on friday. This rotation is going on. Weve been talking about for some time. Now it is catching fire. What should you be doing to take advantage of it . I will bring in my three favorite experts, mike murphy, Courtney Dominguez and shah ghailani. Mike, i want to get your thought on what were seeing in the market. The dow is having a powerful session. A lot of tech names are under pressure here but this rotation we talked about is happening. I dont think youre buying it just yet . You know, charles, i love some of the big Dow Com
The dow industrials up just a few points at the opening bell, 11, maybe, but look at that level. Back to 28,000. Modest small loss, small loss for the s p and also for the nasdaq. So look, everybody, sit back, you are going to watch financial history. History being made in hong kong, too. Sure looks like open rebellion. The street fighting has escalated. Police besieged one of the Main University campuses which they say was being used to make weapons. A Police Officer was hit by an arrow. Ominously, the Peoples Liberation army, chinese troops, in plain clothes, appeared on the streets on saturday. That was taken as a grave warning. Add all this up, it is beijing versus the people of hong kong, communism versus democracy. It is a bloody fight and it is not over. In the United States, the democrats want to remove this president from office because of a phone call. Varney company is about to begin. Stuart okay. Lets talk stock market, shall we . Dow closed in record territory friday, abov
Stay out entire field put everyone in disarray. Im talking about the dems and a donnybrook with the dems. So much more on making money. Charles new 737 max fallout causing boeings stock to decline even more. After a report that boeing may have been hiding issues for the 737 max for years. Internal messages from 2016 between two boeing employees suggest that the aircraft maker may have misled the faa about the boeing 737 max, the safety system. Boeing expected to report Quarterly Earnings on wednesday. Bring in Kristina Partsinevelos to break all of this down for us. Reporter you mentioned the leaked messages. That contributed to a lot of downgrades across the board on wall street today. Focusing on three major firms right now. Credit suisse, ubs as well as baird switching positions to neutral. Look at price targets with Credit Suisse is the lowest, quite negative in the report stating 323. They wouldnt support this especially given the leaked emails. Neil, charles yourself, saying boei
Up about. 75 . Strong profits, positive news on trade, an expanding economy with full employment. This is why stocks are headed up again this monday morning. This stock, though, is not. Mcdonalds. Its ceo, Steve Easterbrook, has been fired. He broke Company Rules by having a consensual relationship with another mcdonalds employee. No details on that, but hes out. The stock had doubled under easterbrooks tenure. Today it will be down about not as much as it was earlier but it will be down about 1. 5 . Quite a drop to 190. Heres another stock in sharp decline. Under armour. They just reported what i think was solid profits, but investors are worried about an ongoing accounting investigation. Big drop, down 14 . Big change at airnbn. No more party houses. They will develop a Rapid Response team to handle incidents like the one on halloween in california, where three people were shot dead. Airbnb wants to go public sometime next year. Stay there, please. We have a big monday morning show f
That protest organizers have called off saturdays demonstration. Were on it, guaranteed. Think of the timing here. Protest saturday night, maybe. New tariffs on china set for sunday, maybe. There is a connection between hong kong protests and china trade and our market, which by the way, does not reopen until Tuesday Morning. But look, its dorian that is the center of attention, certainly in florida this weekend. Its likely to make landfall monday and blast the state all the way through tuesday. Already, theres been a run on groceries and gas stations. President trumps canceled his trip to poland to be in america when dorian hits. Theres a nasty note here. A former Prime Minister of canada, kim campbell, tweeted that she hopes the hurricane scores a direct hit on maralago. She doesnt like our president. All right. Stand by. The latest on dorian coming up and well have the latest biden gaffe. Yes, there has been another. Varney company is about to begin. Stuart all right. This is happen