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Lets take a look at what is happening in asia too. Those markets were closed. Hang seng off by. 1 and the shanghai up about a quarter percent. Youll see at this hour, slight gains across the board italy up three major averages up. 1 to. 2 . The tenyear is yielding 1. 772 . The 30year at 1. 28. We were just talking about all of this. All of those moves made. Pretty confusing to figure out what was happening and why i think there are a lot of people looking at a lot of these small events and does it have bigger implications. In this environment where everyone is feeling uncertain. I think these fractures make more people nervous. Whether this is a bigger issue, i will know this weighs on investors sieky i had a 2007, summer of 2007 bnp scare. There was maybe 2 billion that was frozen, sub prime and there was a freak out. At the time, it didnt feel meaningful this is the first time the fed stepped in the only time they did this was in the middle of a crisis. Thats right. This is a warning ....
Welcome, good to have you with us. Our Investment Committee at the table, joe terranova, stephanie link, and one of forbes top 100 Financial Advisers the dip for stocks this hour, the g20 getting closer and closer that meeting between President Trump and president xi also marking the end of the first half of the year, all with the backdrop of a fed that could be poised to cut Interest Rates in a matter of weeks, a central bank in europe that seems ready to act dramatically as well. Jim, this is your moment youve been looking towards trade and talking about it for months now youre going to have this dinner meeting inosaka is it okay for me to say im a little nervous im fully invested, i do have a little bit of cash, scott, but im nervous even though im inv ....
Ivy zelman is here to talk about that. Instacart raising its price after the successful arm ipo. On stocks, we are weaker and the losses are accelerating in the last few moments. Were down a percent on the s p, putting in jeopardy the gains for the week. The nasdaqs down about 1. 4 . Whats working today is a little more defensive. Its the health care and Utilities Group which is bucking the overall trend, higher stocks, on the back of a little better Economic Data. What we got this morning, Industrial Production was better, but we did have Lower Consumer confidence from university of michigan. Interesting to see us lose some ground even as yields are coming down as well. Lets begin in michigan as the uaw goes on strike. Our phil lebeau is on the ground with t ....
Passing yet another milestone in a year that has been full of them. In fact this is the fifth 1,000point move in the blue chip index this year, the first time thats ever happened. Investors enthusiasm has been driven by the prospect for tax reform. Strong corporate earnings, and a growing global economy. The Dow Jones Industrial aver advanced 331 points today to 24,272. The nasdaq added 49. And the s p 500 was up 21. And on this last day of november, the dow logged its longest streak of monthly gains in more than 20 years. Bob pisani has more on the dows run through 24,000. Reporter it was another banner day for the stock market. Stocks roared higher on this final day of november with the dow smashing through the 24,000 mark to another high. The dow had its best day of the year. Buying picked up steam early in the day when senator john mccain said he would vote to support the senates tax bill, boosting its chance of passing. ....
History. Stocks posted their fifth day of gains despite points toward a pick up of inflation. Stocks soarth. Dow jones industrial average advanced 306se points to c back above 25,000. Theasdaq added 112. And s p 500 was up 32. Just as theselloff happen at break neck speed so did theco ry. Mike santelli has a look at whether the bulls are back to stay. Is a five day rally in stocks moving a bit too fast or is this a recovery from t Market Correction . Conventional wall street holds that steep pullbacks usually take weeks or more to recover after an initial bounce. Thendex is slipping back to recent lows after a retest or a base building process. The pattern could unfold in coming weeks but the chance for a quicker rebound toward the late january highs cant be miss dismissed right now. The history says the fasr the drop the quicker it can be recouped. The recent tumble was the fastest from an alltime high in 80 years. There was a ....