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3386 is the number to watch for that s p 500 record close. 59 minutes until the close we have a big show coming up to day the s p 500 makes yet another run at that record close bob doll will tell us why he is expecting the economic recovery to be more choppy. And why hes cautious in the short term plus, gaming the impact of the dnc. Well speak with a policy expert who says this weeks Democratic National convention could be a negative for the market even though its happening virtually. Right now, were going to focus in on the big stories were watching to day. Bob pisani is tracking to days action we have the latest on growing tensions with china. And joining us with his outlook for stocks is tony dwyer bob, start us off with the Broader Market whats going on behind the scenes and whether you think we could see that record s p 500 close today. When you get this close withi ....
Happen because the journal story last night, also about the huge i think its 7 or 6 of the market are now owned by etfs, which is great until its not. There is a growing group of folks who are thinking if were just buying stocks en masse, will any reversal like the qqq, 100 stocks effectively. But five stocksmake up 40 of the index. So thats why people say, why do you talk about these stocks all the time because their weight matters. Theyre so powerful within the index. Earlier today, i was looking at the s p 500, there were probably only 75 stocks that were positive on the day. By the way, the last down month for nasdaq was october of last year for the s p and dow. It was sooner than i thought it was actually back in march. We should appointment out, this isnt a complete selloff this is a day very much about rotation youve got correct. Selloffs in the momentum stocks, technology in particular a lot of those stocks are not returning to levels that are frightping at this point yet but p ....
The 24 hu00 block. The father was on scene and identified his son. This vehicle will be towed to our police garage. Thats where well do a thorough investigation. At this time, we dont see any weapon in plain view. Reporter the car had flat tire, a tarp over a one doe and hadnt been moved in some time. Police didnt know if the teen was shot inside of the car or if he was placed there. Its also unknown if this was a murder or if the gunshot wound was selfinflicted. Fortunately, we found city realtime crime cameras in the south end of the block at york and park avenue. We also found several private residences with surveillance camera. Police hope the video can uncover clues. In addition, the teens parents and the owner of the car who lives on the block are being questioned. Back out here live, police are on scene and as you can see the tow truck has arrived. Once they can haul the car away theyll reopen the block of north park avenue. Aundrea clinethomas. A delaware couple faces murder ch ....
History. A russian crime ring has swipe ed 1. 2 billion user names and passwords. The cyber thieves hit up 400,000 websites in and out of the u. S. It gets worse here. 542 million email addresses also grabbed. The hackers targeted fortune 500 sites and everything in between. They used bot nets or Zombie Computers to do that. This crime spree was international but a milwaukee Security Firm caught it. The 3yearold Hacking Group has no apparent link to the russian government. There was a sliver of good news to tell you, though. The stolen information has not been sold yet. Instead the thieves are using it to send spam to places like twitter and collect a fee along the way. Looks like your retirement account could take another hit this morning after the dow slid again tuesday. Renewed jitters over russia and ukraine are to b ....