Scarlet lets check in with our reporters. Abigail, what are you watching . Abigail i am thinking about the s p 500 that did move up. This chart doesnt show a little bit of the panic. We looked at it many times. There is the tail end of last years big selloff. This years big rebound. We were talking about the range between 2800 and 3000. It looked like the range was going to break down. In october, we had a higher low. The entire range fulfilled the target of 3200. We are now above that level. Above look at how far we are the average. History repeats itself. It looks as though we will have consolidation ahead. The rsi at 76. Once it starts to turn down, it could suggest the men some is going to come back off. Today, and this year, very bullish for stocks. Taylor so often in San Francisco and new york, we talk about how often tech is outperforming the s p 500. Up just under 35 . Top four companies in the s p 500 are accounting for the rally. Apple alone amounts to 9 of the rally. The iph
The yen is the rfor the markets. 113. 10 the dollar is stronger against the pound asd prices, they have been on the back foot, especially with thereemerge sense reemergence of the u. S. Dollar around labor day is when the yen kicked off and gold stronger dollar, higher treesh treeshry treasury yields turning to the wall street agenda the latest read on the health of the u. S. Car market with september auto sales theyll come out throughout the day. On the earnings front, results from lennar, theyre due before the opening bell the death toll continues to rise in las vegas following the deadliest mass shooting in u. S. History. Multiple vigils were held across the city last night to honor the victims. Jane wells is live for us in las vegas with the latest. Good morning good morning. This is the venue behind me, still shut down this is where the concert happened, where the massacre happened. You can sort of see where the gunman was, on the right side of that a little more than halfway up h
One to watch today but if you look at the initial signals, we are lower on the stoxx 600. It was a strong session yesterday for the dax up close to 1. 8 , clearing fresh hurdles, well above that 13,400 level rough day to follow up on some of though gains. Lets see what were seeing elsewhere. Telco is at the top, healthcare is at the bottom most of the markets really showing sectors are declining out of the starting position in terms of that sector, couple of reports in there including sanofi the overall picture is a weaker one. Just outpaced to the down side by travel and leisure sliding by a quarter of a percent basic resources, a slightly weaker start up by a quarter. Utilities off by 0. 2 . The others, media stocks, weve had that sector trade down by 0. 10 . Utilities down slight declines in the early start of the session wayment to get to retail quickly. Next is falling again after a horrible trading session yesterday on the back of its concerns around unusual volatile patterns in
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