ten-year yield falls below 10% and the services sector growing, accelerating with private payrolls beating expectations as well huge lineup of guests for you, starting with our closer, the ceo of camp bell soup, mark clouse that stock is up today and scott black, where he s putting his money in the mix of this volatility. and as we get another global interest rate cut today, this time from canada, we will be joined by former fed vice chair donald kohn. joining us for the first full hour, final hour of trade is josh brown, ceo of ritholtz wealth management. your take on the rally and how sustainable it is? well, it s a rally in the context of a market that s moved more than 2% in either direction in five of the last seven days, which has happened before, but it s fairly rare and i think when you look at health care being up big today, yes, you can do a direct you can point directly to super tuesday and the nominee looking more like it s going to be biden, which i guess is
weak manufacturing data raising hopes for more fed easing and the ten-year yield falling well below 2% for the first time since early july coming up later, big exclusive interview with the former vice chairman of the federal reserve, don kohn we ll ask him how the trade war escalation could impact the fed s next move. joining us is barbara duran from capital partners barbara, do you make any moves on this surprise tweet this afternoon from the president no, no. i think we ve seen this before and it doesn t make it any less real or impactful. 10% will see what goods are impacted i think a lot of that is in certain sectors and stocks already whether it s the industrials, the manufacturer. we have to wait and see. we know what sectors are impacted this is cell phones, laptops, tvs, baby toys. all those who testified, please don t put tariffs on us, that s what it is apparel. the rest of the country i think it s not going to change the basic economy and what s going on in t
closing bell starts right now. bringing back our love triangle graphic from yesterday with warren buffett above it welcome to clbltd clblt great to see you just less than one hour of trade. well off the session lows as we stand. there s the intraday chart for the dow. just higher by 20 points the s&p s just in negative territory. as you can see, the nasdaq sinking more meaningfully. the sectors that are gaining are defensive today. we ve got the likes of staples, utilities at the top, communication services at the bottom and google notable declining certainly not helping coming up the ceo of rio tinto joins us on a closing bell exclusive to discuss a global economy and the company s new climate change initiative. let s get straight to the story of the hour. apple one of the most important reports of earnings season josh lipton at am hq with a preview of what we can expect. josh sara, here is what we expect when apple reports results after the close. earnings per s
fed shrinking the portfolio. we ll discuss with don kohn. 59 mupinutes left of trade today communication services and technology that lead the declines in terms of sectors in the s&p. consumer discretionary and industrials the only outperformer. dechfense contractoring lift apple is lower ahead of the results. now to the reporters on earnings dom and josh dom, let s start with you. morgan, wilfred, a lot of numbers. we are at the quarter-mile mark. 27% of companies within the s&p 500 reported their numbers and of those 27% of the companies 74% of companies have beaten analysts estimates and 24% missed estimates and a positive start to the earnings season with regard to growth, it is still a positive story there, as well with the companies that reported and if all other companies in the s&p report as expected, we will see a gain in earnings per share by about 14.2% meanwhile, we ll see a gain in overall revenue 5.6% generally positive theme check out what s happening with
pulled back a couple of hours ago when fed chair jerome powell was speaking we ll dive into what words drew the market low we re up 2/10 of one percent. going for five days in the row for the dow, the first time since october. for the s&p it would be the first time we ve seen that kind of win streak since september. really gains across the board. did not look this way after the open today. slightly more defensive in terms of the sector performance today than past days but nonetheless as you say, five days again in a row for the dow would be a big win given what we saw late last year. 10% off the lows for the s&p 500. today s top stories. we have the latest on the government 14shutdown and more n the retail tech. sara, they are going to feel the shutdown all the way over in switzerland. president trump tweeting that he is respectfully canceling his trip to davos. a smaller delegation led by treasury secretary steven mnuchin is still likely to attend but the president