Once internet darling . Matt i should have said once internet darling. [laughter] julie lets take a look at the stocks, the s p and dow are down. This has been another lowvolume day. Below the 20 day average at this particular time. The sort of mixed picture you see, the sort of drift that you see, it is reflective of the market. We saw the nasdaq overall at one third of 1 . We are seeing large tech stocks outperforming. This is a rotation that is coming back a little bit over the last week. We have seen strengthening markets overall. Tech markets have been underperformers and stocks like facebook are trading higher today, for example. Amazon and elba bet not gaining much, that they are definitely helping the nasdaq to some degree, matt. Matt is mexico ready to currency . With its i see the chart behind you. Julie you do. Draghi inke pulling a the other direction, instead of weakening a currency here, were seeing the dollar versus the remember, the country had a surprise rate increased
The nasdaqs best day in six months. Only United Technology declined in the doubt. Rally,ge day, huge really telling that we got a week chinese pmi, different flavor to the markets in january. Alix you can see that amplified in the bank stocks. F, s p financial sector, a 50 day moving average, just below that. Data,s deepening yield curve, the banks take off. Joe speaking of the steepening yield curve, the spread between the two year and lot,0 year, flattening a so this trend which had been going down jumped up today in a reversal. Also, amazing fixed income news, japan selling 10 year debt at negative yields. Stocks rallied, bonds fall, so it follows that the japanese yen should weekend. And particular, backing off a threeyear high. Alix oil, boom. I 31 rally from its low in february. Vladimir Putin Meeting with the heads of big oil companies. That had the markets taking off. Scarlet we should mention auto sales another important piece of data. Ford and feel chrysler betterthanexpected
Nasdaq meeting on the downside, looking at the today moves in the s p 500, you will see indeed that we had a big upsurge and yesterday we had pretty much gone sideways. Put another way, look at the bloomberg. I have the s p 500 intraday range thus far. Right now its only at 11. 7, 11. 8. It looks like that could be the lowest of the year. Of course, that has happened a couple of other days with late day changes. We will see what happens this time around. In terms of the groups on the move, we have material shares that are lower largely because of monsanto, which we will talk about in a few moments. Consumer discretionary with energy and financials, turning around later in the session. Whats interesting to me is that these inventory numbers from oil or what terrible. Lower by 20,000 barrels per day, but it was ugly and oil didnt really go catastrophic. Neither did the stock market. It really is strange. We did have loyal take a leg lower after the numbers came out. It was down by 2 and
Provided by the following theres a saying around here you stand behind what you say. Around here, we dont make excuses, we make commitments. And when you cant live up to them, you own up and make it right. Some people think the kind of accountability that thrives on so many streets in this country has gone missing in the places where its needed most. But i know youll still find it, when you know where to look. Rose additional funding provided by and by bloomberg. A provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Mandy patinkin is here, he is an emmy and Tony Awardwinning acker, he is one extraordinary acker, he stars in the showtime series homeland as you know. As you also know his character sol barenson a cia direct are and the show some say moral center, here is a look at his performance. Sol. His iconic roll in the Princess Bride has gained cult status. You killed my
Provided by the following theres a saying around here you stand behind what you say. Around here, we dont make excuses, we make commitments. And when you cant live up to them, you own up and make it right. Some people think the kind of accountability that thrives on so many streets in this country has gone missing in the places where its needed most. But i know youll still find it, when you know where to look. Rose additional funding provided by and by bloomberg. A provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Mandy patinkin is here, he is an emmy and Tony Awardwinning acker, he is one extraordinary acker, he stars in the showtime series homeland as you know. As you also know his character sol barenson a cia direct are and the show some say moral center, here is a look at his performance. Sol. His iconic roll in the Princess Bride has gained cult status. You killed my