you re watching worldwide exchange on cnbc top of the morning to you in for brian sullivan today kicking off this monday morning with stock futures indicating declines. the nasdaq up about 48 points as you can see but the nasdaq composite overall over the last two days has seen some of that positivity posting a 1.5% gain with the help of blowout quarterly numbers from amazon.com, facebook as well the latter coming off of a gain of 10 peculiar on friday for the best one day performance since march 13th of 2020 you can see apple shares over the last couple of days in the green. the major averages coming off their fourth straight months of gains. the s&p 500 seeing it s best july since 2010. you can see here 20% gains for the dow industrials. 26% gains for the s&p and the nasdaq up 40% just over that span alone now in yields they continue to hover near historic lows ticking slightly higher to 54 basis points or .54% ten year note yields around 11 basis points and the 30 yearlong
forth with portnoy on what you say are amazing insane moves that can continue. yeah, i mean, understand there is florida has been so much comparison in 1999, 1999 was never like this. you had a lot of crumby companies that would go up a lot but nothing like this. i mean, we have major trillion dollar companies that are going up at a pace that we ve obviously never seen because we didn t have trillion dollar companies before but i do think that my friend david portnoy he s got a big cohort saying that stocks only go up and i m just giving this is frightening i m giving a little bit of homage here because, yes, if you got in when davie trade got in, i mean, all you ve seen is up. so it s not wrong for him to look at that i mean, the guy got in i think march 23rd when he decided to take the suits on directly i got up this morning, i said, geez, maybe i should wear jeans. i don t want to be like wrong. i want to be i don t want to be on the other side of the trade of this
not his first or last. he will share his story on making money. charles: so before we even start with today s session i want to glance back to friday in the market. we saw a roller-coaster. it was all about news out of d.c., right? remember it looked like congress would throw in the towel on any additional fiscal help. the rally faded big time. then came word talks would continue over the weekend and the market actually soared. for me the most important part of that session was the volume. it was highest day of volume in the entire month of july. it was on a up day. that is a huge buy signal in my opinion. want to bring in disruptive tech research founder, lou, moneymap press, their chief strategist, shah galani and erin gibbs of gibbs wealth management. shah, your thoughts on this market. it is breaking out. the volume is getting stronger. i think that is the ultimate buy signal. you re absolutely right and it was the buy signal coming off the lows in march. what peo
official sally yates testimony yesterday before senate judiciary on the trump russia and michael flynn probes former acting director of national intelligence ric grenell. yates shows once again the obama team had a singular focus t was just not stopping russian meddling t was bringing down candidate trump. more on yates testimony on general michael flynn. the key facts overlooked in the testimony about the obama administration s pursuit of general flynn, even after fbi agents recommending dropping their case against the general. we got that story tonight. big new democrat push for mail-in ballots. remember the old jokes, the, check is in the mail, got to wait for the check? this is no joke. will the election be lost in the mail? do we face a constitutional crisis this coming november? fox news contributor jason chaffetz tackles that as tens of thousands of ballots have problems in a recent major vote. fox news contributor deneen borelli weighs in on a new gallup poll. shows
a little history most of them good. maybe one bad way. it is your rbi it s ahead right here on worldwide exchange on cnbc well, good monday morning and good afternoon and good evening. thank you for starting your week with us here on worldwide exchange on cnbc and here s how your money and the global markets are setting up there monday stock futures are lower and they come off their lows by about 100 points remember very volatile at this hour particularly in the summer. now in regard to the market the dow and the s&p coming off their third straight week of gains the nasdaq though, it fell partly to blame for technology and probably the theme to watch is big tech. it s amazon. amazon seeing the first down week much more on the rbi i don t want to give too much away it wasn t just amazon dragging down technology. the question that investors have is is the work from home or state at home trade trying to beginning to wind down they took a pretty big hit last week something to w