Polls. I will ask liz peek for her thoughts and more all that and more coming up on making money. Charles so after failing to hold on to early gains the market is Building Momentum to the downside. We havent gotten into panic territory but theres a fair amount of frustration especially coming to nasdaq which continues to stumble. Well see what this is all about. When it comes to the economy, well the u. S. Consumer is in very strong position right now. The lowest disposable income ever. This powered credit schwarzenegger to the highest point ever. Wall street is looking 2021 earning to eclipse 2019 although there was stronger yearoveryear estimates when you go back to july. Back then the street was looking to 32 increase. As of this weekend a 26 increase. As for now the market continues to grapple with the inability to widen the rally as the same names move higher. When the growth names falter the entire market falters and become vulnerable. Who is iroing wolf . There still fiscal stim
I got some sleep you didnt miss much this last week. Kind of Nothing Happened not really actually. What week so much happened. What week are we in its going to be 52 for 52 at the end of 2020 in terms of crazy weeks. Thats true. S p was almost closing at a high im faking now like you. Im not in new york city do you like my backdrop . What do you think of it . Thats what im saying. You look great you look great you look fabulous. Okay. Is this are you old enough to remember huntly and brinkley what are we . What are we trying to pass our self off as here what do you think . Chancellor and tv people were probably trying all right who knows who knows. Let me tell everybody about the craziness of what happened in yesterdays market because the swings were wild stocks were up, as joe was mentioni mentioning, we flirted with the height of it most of the day but then turned late lower late we closed lower later in the day. At one point we should tell you the s p 500 was within 1 2 a percent fr
Theyre raise something 130 billion in market value between them just today. Tesla, also down 4 in the likes of amazon, alphabet not far behind lawmakers continue to work on aadditional stimulus package with new details coming out about individual and corporate ap dow down 330 points with 59 minutes left in the session, sara coming up, tech investor dan niles will be here to make sense of the late day selloff in technology stocks. With the nasdaq down 2 . Plus, well talk to john rogers about his take on the market and the areas hes investing in right now. And more earnings coming your way after the close including intel, etrade, mattel and apple supplier sky works we bring you the numbers as soon as they hit the tape with one hour left of trade, lets focus in on the stories. We have details on the increasingly heated rhetoric between washington and beijing phil lebeau has comments start us off with the Broader Market and tech especially not getting the love today tech is overheated. Loo
I will choose the u. S. Dollar, pulling back after the fed minutes yesterday and also investors pushing out the odds of the Federal Reserve rates. It is now done around three or sent from its most recent highs that it reached in july and yes, we are seeing the oil winning streak continue up for the sixth straight session. Wti trading above 48 per barrel. Opec meeting the expectations next month, also a part of it. We have been on an incredible roller coaster when it comes to oil prices. Take a look at a oneyear chart. Chart and mapped the top and bottom changes we have seen. From october to february, 95 rebound from february to this summer, a 20 rebound most recently. We have an incredible zigzag and you see the most recent zigzag is compressed in terms of time. On august 2 that oil reached its shortterm low and reentered the bear market. Are not seeing a lot of change. Stocks are bouncing around a lot of tight range today. The s p gaining a little theme, the nasdaq as well. Energy sha
Something made popular by social media users, viral content websites. The organizers of a referendum in ukraines Eastern Region of donetsk say residents have voted overwhelmingly in favor of greater autonomy. But the credibility of the polls is coming into question. People voted in the regions of donetsk and luhansk. They were asked if they support selfrule for the region. Its not clear if people were voting for independence or for a system allowing greater autonomy within ukraine. The prorussian organizers say the turnout was about 75 in donetsk, and over 80 in luhansk. Translator 89. 07 voted in favor. The Organizer Says the voting was fair, but did not disclose how the results and turnout rate were finalized so quickly. Many observers are pointing to possible ballot rigging. This video supposedly shot at a polling station shows a man writing names on multiple voting slips. Hes also showing several passports as voter identification. This woman has two voting slips. And she casts both