Christmas. You can see we are set up for a lower open generally speaking on the major averages, s p showing a little more signs of life. European markets, most have been closed for the Christmas Holiday or boxing day as well. So not much to speak of there. Lets get to our own 10year note yield though as we take a look where we stand right now. 2. 483. Crude oil, wti up a few cents and just out the latest shill erin dex shows home prices up 6. 2 in october. That of course year over year from last year lets get to our road map this morning. It does start with apple largest market cap out there, shrinking in the premarket on some reports about next years iphone sales, were going to fill you in. Will this years rally continue as we close out 2017. Finally a retail rebound, how the struggling sector is faring so far this Holiday Season as you may know not too bad. Lets start with apple shares, they are under pressure in the premarket. Reports of sales of the new iphone 10 are slowing accord
Gartmans says bitcoin investors will face the one thing has them beefing. First, you start with the nasdaq near record highs, the fang stocks leading the pack higher. But caution, this is the no fang zone, like the no school zone, but even better, because outside of fang, there are some other, scare we say even more lucrative opportunities. Other tech names are soaring. Square is up a whopping 67 . Tesla and ali baba up 40 , invidia is up 36 . Is it time to start betting on some nonfang tech zone . No fang zone . A food job with all these great, great for a tuesday, mel, well done. Yes, there are names you can invest in, in the no fang zone. I will give you a quick three. Red hat has been a name they just signed, another strategic line with Amazon Web Services a. Big valuation. Doesnt patz. They have a meat. Who you know who else has a meat . Adobe. Theyre reporting june 20th. The pattern has been, they report. Stock sells off, buy the selloff. Its worked for almost two. 5 years. I lik
Tie fell out of your pocket again, andrew like it did the other day and no one there that looks good. I figured today was one of those days. We spent some time on a farm yesterday, joe. Thats right. You head back out to the north 40. North 40, andrew, is a term that people out in that part of the world use for the 40 acres that are north 40 . Yeah, andrew is going to be bringing us up to date on everything thats happening in Middle America right now and give us a real view from the front lines on all of this. Well be back with him in just a few moments. Joining us is the u. S. Managing editor for the financial times. Well get to her in a moment because we have to talk about Deutsche Bank and whats happening. Thank you for joining us. First lets get a check on the markets. Take a look at u. S. Equity futures. Yesterday was a down day. Dow down by 200 points on concerns about the Deutsche Bank. S p was down by 20 points yesterday. And the nasdaq was off by 50 points. This morning things
Bank, nowsche commerzbank, the share prices are likely to come down, despite thing dividend is up, but 9600 jobs will go. Tom it has always been the news, and it has been for years, what to do with commerzbank. It will be a good hour to inform people of the dissensions between commerzbank and beleaguered Deutsche Bank. There are differences between these stories. Francine you are absolutely right. They are different. This is surprising because it is after brexit. We will get more on that. Bloombergstraight to first word news. Here is taylor riggs. The army says it and selected heavy casualties on militants trying to infiltrate india. No more attacks or plans. The attack was in retaliation for a Deadly Strike on the indian army earlier this one. Eight and soldiers were killed. Meanwhile, pakistan denied the Indian Forces staged a raid, saying they fired across the border. Congress has top suspending the u. S. Government shutdown through the summer ninth. It puts money forth to fight the
Bouncing around throughout the session. Each stock is down about a quarter percent. Earnings. Just about we have Energy Stocks gaining as oil falls, curiously enough. You can look and see energy and materials are the two best performing materials. Consumer staples are on the downside today. That is shaking up. Verizon is what is pulling down the telecom shares. Wireless subscriber growth Beat Estimates but because of negotiations with labor unions, that is going to weigh on secondquarter earnings. Apple, which has delayed the Earnings Report by oneday is coming out with a shares falling about 1. 25 today. A lot of divergent views on apple. And cocacola is down for the second day after its report, even as analysts report weather yesterdays drop was justified. Tracy lets give you a break from the earnings. Tell us what else is moving . Julie oil, we are watching that today. It has had a drop as we have seen the dollar bounce around. Thes up off the lows of session. Speaking of the dollar