What happened in your christmas household . It was wonderful. At with my sister. And best gifts . You know, the usual what is the best gift that we could get, you know sf what is t best we could do at this point is that appropriate for Morning Television i got socks socks are good. I got some very thoughtful sweatpants i got some sweatpants how thoughtful could sweat pants be they were very comfortable. Did you get new yoga wear lululemon, yeah see, i knew that i was going to get you that, but i knew someone else would. We cant just all keep repeating. Okay. Anyway, im Andrew Ross Sorkin joe kernen is here, melissa lee is here. Becky happily has the day off. A quick look at futures. We have the dow looking like it would open down. A few days where we talk about things opening or at least looking like they will open in the red. Right now dow would be down about 32 points. Nasdaq off about 7 1 2 s p 500 off or rather up margma marginally bitcoin is rising, recovering from a selloff last
For the s p 500, it was its 13th record finish in just 17 trading days so far. Earnings helped drive the blue chip index as some of the worlds biggest Global Companies easily beat profit expectations. They also said things are looking fourp the rhett of the year. At one point today more than 30 of all of the 30 dow components from at alltime highs. Here are the closing numbers. The Dow Jones Industrial average advanced 140 points to 26,392. Nasdaq fell nearly four, though. But the s p 500 rose by about two. Once again, the dollar came into play, adding some volatility to the trading day. Now yesterday we told but the dollars impact on the stock market after the u. S. Treasury secretary said a weak Dollar Benefits u. S. Trade. Today, other officials chimed in, including president trump. Heres steve liesman. Reporter it was a wild ride for the dollar today sent falling and then flying by comments first from a european officials and then from the president of the united states. European C
We are off session highs and off session lows perhaps restoking the trade war discussion, and they closed a percent, perhaps this gave investors that are looking for selling opportunities a bit of a window to do so. We saw a leg down again around 1 30 the dollar hit three year lows later on, and the dollar fell after treasury secretary Steve Mnuchin made comments, a weak dollar positive for trade, the weaker dollar pushing up the price of oil and gold, up higher by 20 bucks, for stocks, the nasdaq, weakest of the three averages, thats Still Holding to be true, and the weakest of the major s p sectors. Chip stocks, specifically weaker on pace for the worse day since the end of november, and Texas Instruments, the biggest drag in the chip group, the shares down as much as 9 at one point after an inline Earnings Report, but also the slowest Revenue Growth in a year, causing investors to rethink the prospect for Texas Instruments. Weakness in the tech stocks we watch closely, the faang gro
Police are checking into reports of gunfire at Walter Reid Medical Center in maryland. Someone called 911 reported hearing one shot inside a building on the campus in bethesda. Workers are currently sheltering in place. Were following breaking news out of new jersey. State police have issued an amber alert for a missing baby. They say 9monthold William Marino junior was taken at knifepoint by his father. It happened in New Brunswick middlesex county. The childhood on the right side of the screen was last seen wearing a yellow shirt khaki pants and black sneakers. Anyone with information is asked to call 911. Well keep you updated throughout the day and 6abc. Com. Turning to the accuweather forecast on a warm and very humid monday lets get the latest conditions from david murphy at the action news big board this monday. Reporter lets cover the precipitation first nothing happening locally alicia. We have small cells by gettysburg, if you look at Storm Tracker 6 live double scan, so far
And welcome to power lunch. Stocks are cutting their earlier losses the dow was down triple digits, but the s p 500 having its worst day since may 17th tech, materials are leading the declines as you see by nearly three quart oers after percent me slay . Here is what else is happening at this hour Steve Scalise undergoing his third surgery after being shot yesterday. He remains in critical condition. The senate stepping up sanctions against iran and russia. The house needs to vote on it. More and more ceos speaking out, urging President Trump not to reverse u. S. Policy on cuba. The president is set to speak about it tomorrow. More on that story straight ahead. All right, thank you very much, melissa. Lets kick it off with your stock story of the day and that is the all mighty Amazon Company in the headlines again as a report surfaces that amazon might be willing to pay up to 9 billion bucks for the messaging app slack. Now along with much of tech lately, amazon is down today off about