Screen completely different from yesterday and will call it a modest rebound but it was the big tech stocks that fueled the selloff in today though stocks also seen a modest rebound, certainly not recovering the losses theyve seen over the last three days but nevertheless they are back in the green. Take a look at tesla, that stock has lost around one third of its value in just one week. But look at it go today up nearly 7 and by the way well talk to the former Vice President of tesla coming up in this hour. Also tesla rival nikola solid spike after announcing the partnership with gm and come up will talk to the company ceo about the electric Vehicle Market in the fierce and growing competition. Meanwhile talking about competition in the race for the white house joe biden traveling to battleground states michigan to tout his new made in america plan, this ahead of the president s visit tomorrow and this morning by the way President Trump nominated for a Nobel Peace Prize by a member of
Points. But as more people go back to work, could the sudden tech spending boom that was triggered by the workfromhome movement, could it disappear as quickly as it began . Chairman and ceo of adobe, this is a Favorite Software company of small and medium sized businesses, he is here, first on fox business, on whether we all kind of borrowed from future tech spending to ramp up connectivity and what it might do to tech stocks coming up. With the memorial day holiday soon upon us, will americans give us that once in a lifetime visit to europe or somewhere else for a Summer Vacation closer to home . The ceo of the Worlds Largest travel Marketing Company says one hotel in particular thats announced it will reopen is proving to be the biggest vote of confidence the nation could get. Which hotel and where it is, coming up. Plus, Hedge Fund Hot dogs, pandemic rebound stocks and charlie breaks it on directvs future at at t. Less than an hour to the closing bell, lets start the claman countdow
Exchange this is epic as well why do you get squawk box specific mugs. I dont think we have that on closing bell. You think your set down at the ant kuwaited New York Stock Exchange the whole Stock Exchange is our tv set. The whole future is nasdaq. Its moving forward. The specialists, the middle man. You want to be here, my friend its a lovely new set. It is. I wonder how much these costs, these mugs. I love the New York Stock Exchange we love both. Just kidding we do get territorial once in a while. Im glad you like our new sets and our mugs dont take that with you treasury yields this morning, i looked 190 on the ten year recession fears have faded trade concerns are so 2019, i think. Arent they . Theyre just so 2019 the dollar. Thats supposed to weaken im doing another show today exchange. So am i. Closing bell. Thats your normal show what happened over the weekend . U. S. Military carried out precision defense strikes in syria against a Militia Group following a string of attacks
The Organization Also tweeted that two of the victims were taken to the hospital in critical condition. The police have not yet confirmed those details. It appears a synagogue was being run out of the rabbis house in an area with a Large Population of ultraorthodox juice. Members of the community told reporters they are frightened and confused. You know, you go in the streets, and the stars, you see people just getting along. You go down to walmart, people shopping together. What is going on . And that is the question we do not have the answers, and people are genuinely scared. Mothers do not know, if it is safe to send their children tomorrow to school. A community on edge, the New York Times reporting the police announced they arrested the suspect in harlem about an hour ago. s identity has not been released yet. Authorities say he carried out his attack during a hanukkah celebration. A new York State Attorney tweeted this tonight, quote, i am deeply disturbed by this situation unfol
Williams of dollars in market value gone in minutes. I am frank sommerville. We will hear from an expert who says, dont panic. But first the numbers from today. The dow was off 588 points, but that was actually an improvement after being down more than 1000 points at the beginning of the trading day. The nasdaq lost 179 points. The s p lost as well. All of this on top of big losses last thursday and friday. The Chinese Market has been setting the tone. It is tuesday there and investors are once again selling off. The shanghai composite was down for percent in morning trading. Australia and korea were in positive territory. The dow and nasdaq are off 13 . The snp 500 is off 11 . S p 500 is off 11 pit percent. So what is the smart strategy Going Forward . We have Ken Pritchett live. Reporter volatile would be a fitting word to describe the us market today. We have seen it all day long. That was the selloff rational given a relatively healthy economy . Shortly after the opening bell, the