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Heres where we stand today. The dow was up about 150 points on the open this morning, but thats been wiped out for the most part. The s p driving into negative territory. The nasdaq getting hit the hardest, down about half a percent, but look at the staple stocks today been hitting new highs cal bells soup jumping as much as 10 to its high es level in more than a year tyson foods, pepsi, both prints record highs today thank you, bill as stocks race back to highs, the countdown is on to new tariffs in a couple of days. Bob pisani is watching that at the new york stock exchange. Bob. Hello, kelly. You know the markets lost some steam here after a broadbased rally this week. Were still higher on the week and only 36 stocks in the s p 500 are down thats remarkable. A big win here the other 464 companies, theyre all up just shows you how broadbased this rally has been. Heres the problem many see the rall y as tenuous and tentative. Theres wide disagreement over how much slowing the school s ....
And nasdaq all higher. Were close to session highs. So with yesterdays big recovery and todays big rally, is a panic selling nearing an end . Joining us is paul hickey of bespoken investment group. Good to have you with us. What is your take on how this market feels at this point . Obviously an up day is welcome after several down days in a row. This market, the day to day moves are more fickle than a 4yearold. So we get big up moves, big down moves. So i wouldnt read too much into this right here at this point. It is just again, welcome, we have been getting killed all week. Still down for the week. Yes, still down for the week and still down considerably on the year, no matter how many no matter what measure you look at. What signs are you looking for that would mean we have hit bottom . Anything that rings the bell for you . I wouldnt say there is any necessarily bellringer, but, you know, some of the if you want to look for encouraging signs now, you have sentiment measures are ver ....
A little more than a month after president obama announced a historic diplomatic reboot with cuba and lifting restrictions on americans travelling to the nation 8 senators and 4 democrats and 4 republicans introduced legislation to go to cuba and this is the first on the trade with cuba and president obama eased some restrictions last month it takes an act to lift the full embargo in place for 50 years, any bill that eases or lifts embargo faces stiff opposition from many lawmakers. Meanwhile cuban president castro is sounding his own opposition to a more normal relationship with the United States so long as america quote blockade stays in place. He also renewed longstanding demands that the u. S. Evacuate the Guantanamo Navel base on the eastern coast of the islands and u. S. Leased the 45 square mile air from cuba since the early 20th century but since 1959 the communist g ....
Tetra Bio-Pharma Inc. (TBPMF) and Prepaire Jointly Apply to BARDA for Funding streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
AbbVie (ABBV) to Host Third-Quarter 2022 Earnings Conference Call streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.