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Junk bonds too. Well discuss whether this aversion to ris sk a red flag now or perhaps a sign of capitulation. A minor bounce this morning even with the big selloff in asia last night. Up 162 for the peak for the dow now up 135 points. All the other averages higher as well. The nasdaqs up 30 right now, trading at 4,365. And the s p has come back quite a wit bit from lows of last night, now up 16 points at 1,926. Rich peterson from s p capital iq. Monica meda. Bill willis from princeton securities. And Rick Santelli as well. Ben willis, lets start with you on this crazy market day. Is there any doubt now that this market is influenced greatly by geopolitics . I hate to start off this way, but i dont believe its geopolitics. I think geopolitics is part of the fuel thats triggering the currency markets, which is really whats been driving the Technical Levels of this market. We ....
Retailers seemingly turning things around. Best buy and williamssonoma reporting better than expected results. Keurig Green Mountain. Sell force. Com despite better than expected earnings. We have exciting news. High octane analysis once reserved for elite investors willing to pay armies brought to you through cnbc. Announcing a strategic investment with kensho using the cloud to bring Historical Context front and center. Ceo and cofounder Daniel Nadler will join us live to show you how it works. It will be interesting to see what they bring on to the set. You can get complicated questions answered within seconds, apparently. We look forward to that later in the show. First up, a pair of retailers up sharply. Best buy reporting better than expected Third Quarter r ....
Time since 2012. Maybe stocks are slowing because of the hunt for yield, the tenyear treasury note below 2. 6 . Whats that sound . It is realtors dancing as Mortgage Rates are likely to fall back again. Europe as you can see with the exception of what looks to be switzerland or lichtenstein is down. Our road map begins with apple and one very large acquisition. Talks to buy beats headphones, dont forget the streaming service for 3. 2 billion and create the first hiphop billionaire, we will address some skepticism from the street. And getting divorced before they got married. Publicist and omnicon calling off their merger. Ugly breakup in the ad industry. Somebody call john ham. Ralph lauren and the gap out with results. Ralph lauren beat, warning about shrinking margins. Ralph waging its Global Expansion at the begin of margins. Were calling it straight out of cupertino. Ap ....
Why are some drug prices so high and what can and should be done about it . All that on thursday may 22 for nightly business report. Good evening, everyone, a big surprise from hewlettpackard today. But not a pleasant one. It accidentally released its Second Quarter earnings about an hour early while the markets were still open. The report was scheduled to come out after the closing bell. Well, investors were puzzled by the change, disappointed in the results and it didnt help the shares either. The worlds biggest computer maker continues to struggle to stay relevant in the world of mobile devices and cloud storage, it is no wonder they announced more job cuts for a total of 50,000 employees getting the axe. For the earnings, 88 cents a share in line with analysts estimates, revenue continued to decline and then and thenarrowl forecasts, shares fell slightly in late trading after sliding 2 and a half percent during todays session. ....
Nightly Business Report for wednesday, may 7th. Going, everyone, and welcome. Federal reserve chair janet yellen went to capitol hill today. She told Congress Joint Economic committee that the u. S. Economy is turning up after a winter of virtual standstill. But she pointed to several areas that bear watching, among them, housing. Steve liesman has our report. Reporter fed chair Janet Yellens testimony before Congress Joint Economic committee today blamed the first quarters economic weakness solidly on the harsh Winter Weather saying she already sees a rebound in spending and production in the first month of the spring. And that leads her to be optimistic about growth this year. Looking ahead, ....