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Consumer stocks like kimberlyclark and chi pochi pot lay showing signs of strength. Well take a deep dive on the debate over how and when to reopen the economy well speak to the mayor of las vegas, who has called the a stayathome order in nevada total insanity and floridas Lieutenant Governor and well speak with cme ceo terry duffy about the wild swings in the oil market those negative prices. And billionaire harold hamms call for an investigation of crude futures trading. Lets drill down on the big stories we are watching. 59 minutes left of trade mike santoli tracking the market rebound. Phil lebeau has fresh comments from deltas ceo on the back of earnings and meg tirrell with the latest on the race for a vaccine. Mike, start us off with the market and the rebound were seeing today yeah, sara. Down about 5 in the s p 500 from fridays close through two days of trading, getting back in a very gentle way i will say today, kin ....
We have great guests to talk about your markets by your politics and the economy. But first things first, lets quickly check on what the data is telling us. If you look across assets, it is very clear that stocks are down the touch. They actually recouped some of hatir losses under news t north korea is ratcheting up its threats against the u. S. The yen stay put. Im uncertain about how to trade yen. It would be one of the countries in the line of fire, if something were to happen in the Korean Peninsula. Treasuries retreating. The dollar falling for the most in two weeks, on the back of north korea. Wti. We just spoke to nine a jury in oil the Nigerian Oil Minister. Plenty more on that. It would also get manufacturing figures out of the eurozone. Better than expected. Said, geoPolitical Risks weighing on the ma ....
Bouncing off that level yesterday, but today it has slipped below it and it seems as though the breaking of that level happened and caused every thing to accelerate. They are having the worst single sessions and connect to may 17, and having a major volume here of heavy selling going on. Not as the losses today, but the losses we have seen on the nasdaq this month breaking a winning streak. We have this tracking on a month test monthly basis, so before june we had seen the nasdaq rally for seven straight months, but now it looks like it will not make it to an eightmonth. It is looking less likely as we see a 1. 4 drop on the month here, breaking below those Technical Levels we have been watching. In terms of what is declining today, it seems as though it is a wholesale selling of technology and some of the other momentum stocks that had been fluctuating so wildly between gains and losses over the past month. Semiconductors are o ....
Bouncing off that level yesterday, but today it has slipped below it and it seems as though the breaking of that level happened and caused every thing to accelerate. They are having the worst single sessions and connect to may 17, and having a major volume here of heavy selling going on. Not as the losses today, but the losses we have seen on the nasdaq this month breaking a winning streak. We have this tracking on a month test monthly basis, so before june we had seen the nasdaq rally for seven straight months, but now it looks like it will not make it to an eightmonth. It is looking less likely as we see a 1. 4 drop on the month here, breaking below those Technical Levels we have been watching. In terms of what is declining today, it seems as though it is a wholesale selling of technology and some of the other momentum stocks that had been fluctuating so wildly between gains and losses over the past month. Semiconductors are o ....
Bouncing off that level yesterday, but today it has slipped below it and it seems as though the breaking of that level happened and caused every thing to accelerate. They are having the worst single sessions and connect to may 17, and having a major volume here of heavy selling going on. Not as the losses today, but the losses we have seen on the nasdaq this month breaking a winning streak. We have this tracking on a month test monthly basis, so before june we had seen the nasdaq rally for seven straight months, but now it looks like it will not make it to an eightmonth. It is looking less likely as we see a 1. 4 drop on the month here, breaking below those Technical Levels we have been watching. In terms of what is declining today, it seems as though it is a wholesale selling of technology and some of the other momentum stocks that had been fluctuating so wildly between gains and losses over the past month. Semiconductors are o ....