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Gaze portfolios were slammed but perhaps good news, bonds rose. Maybe the bond market may be suggesting worst of the selling may be over . Well find out meantime the banks despite the yields, battered, even as top ceos wrap their meeting with President Trump at white house, well get more on that in minutes. Perhaps the biggest shock is boeing shares down another 18 today. Boeing, really one of the bluest of the blue chips, now has lost half its value in just six months time. Well dive into why. Joining us to walk through all of this, karen, dan, tim and guy. Welcome everybody. Another big night, difficult night for a lot of people out there. Pension funds, state pension funds, companies guy the question to you and everybody on the panel and lot of viewers what may not be market pros, tuning into cnbc first time, do you sell now if you own stocks, ride it out . See any sign of a stock market bottom maybe the bond yields when let u ....
Switch shares up about 24 this afternoon. Well look at whether that treasury move could help juice the market for ipos coming up. Meanwhile, the new blade runner sequel hits theaters this weekend were going to look at whether this film can revitalize the struggling box office. Lot of fingers crossed in hollywood here as they bring Harrison Ford back one more time. Well see. Good luck. Hope it works. Lets begin today with a jobs report, though. Eyeopening number hs this morning. Our senior economics reports Steve Liesman joins us from austin with a breakdown of those numbers. Steve . Reporter yeah, bill, you had to cast your eyes down on this number here. But whats happening right now is people are really throwing out the weak number on the top line and looking to the details of the report and they find strength here. Let me show you what theyre talking about here the top line n ....
Since late april. Our question is this, whether a market that has largely ignored the controversy in washington and if it is finally paying attention what that means to yo your money. Kevin, people have been surprised at the complacency of the market. Is today a sign all of that is about to change in a big way . I dont think so. This is just the pause that refreshes. Weve been waiting for a correction like this. Its not a big deal. This whole thing with trump and the circus around it is to boil down to, he said he said, a memo versus what he said to him at a din r, whatever, its going to go away. Im extremely bullish about the markets and i took this opportunity today to buy mid cap stocks. Ron . Im going to take the other side for a while. Even before he was elected, this was not going to result in a good outcome. As i said yesterday, remain among those who believe this president will have an attenuated term in office and this is going to get far worse before it gets better and i do t ....
And not simplecism i think it would have been the same result and thats why i believe its a legally correct conclusion. Final question, darren. How important if at all was the testimony there of one of the victims of the robbery victim testimony at parole hearings can be very impactful far more impactful frankly than family members of the defendant who are fairly predictable in their support, but when a victim indicates they have been made whole, can carry a lot of waist to the trial this was a rogues gallery so that can factor into it as well when the board is deciding what weight to give it, but in general victim testimony, very powerful. Darren, thank you very much darren kavinoky, criminal defense attorney and lets bring in bill and kelly to talk more about this ruling in the o. J. Simpson case. Truly a a throwback thursday, hu oh, man, is it. Taking us all back to the 80s here. I dont know about you guys, but it seemed to me listening to each of the parole commissioners that while ....
Europe is pretty weak. Ten year yield 223, now the lowest since mid november and gold came close to 1290. Our road map begins with a eye on the financials. Jpmorgan, wells and citi all reporting better earnings than expected. Plus, the new centrist president and about face from President Trump on several key Economic Policy positions. And apples big health bet. Sources tell cnbc that the company has a secret Group Developing a new glucose monitor to treat diabetes. But first up, earnings season is here with a bang. Jpmorgan and wells fargo and citi group out this morning. Citi earnings and revenue came in well above the estimates. Mortgages though remain a trouble spot. Pretty good in trading. Equity yeah. Very quickly, jpmorgan is pretty much what im going to say pretty much perfect. But the stock was up very big. P ....