Tiles. The total number of the record for all time, 77, 1995 i thought you were going to say the total number of trading days we still dont have that no. But i was trying to think about it i think theres 53 days left which probably work out to 44 trading days for the rest of this year. I did the rough numbers yesterday 25 . Look, there were 220 i mean, there were 222 or something weekdays i dont know how many of those days were closed or trading sessions thats good enough. So its Something Like 25 25 of the time youve still got another potential up to 40 trading sessions left. Let the good times roll thats the bottom line yes bottom wlien is, we have seen a lot of record closer its not just here in the United States joef night in asia, green arrows across the board with the nikkei up by almost 1. 75 another 389 points added to the nikkei once again to a nearly 6year high jump just visits the area and this is the kind of stuff that happens. The hang seng up by 1. 4 . The shanghai up by.
Dom chu . As we talk about whats going on overall with the markets, talk about the idea that the investors and traders are perhaps looking at reassessing how these things, risks are setting up. A lot changed in terms of market perceptions. The risks havent really changed. Take a look at our market thermometer to see how investors and traders are gauging the level of severity that particular catalysts could have. A summer Interest Rate hike, yes. Front and center for a lot of traders out there. So is the uk possibly leaving the European Union and the u. S. Election coming up this fall. The riskier aspects for the market right now, some of the ones weve seen kind of scale back a little bit. Remember, last year, china was a huge part of the story. The market volatility there. Trading halts, everything. Chinas economy is a big concern. What theyre not a big part of the narrative as they were in the latter part of last year, early this year as well. Oil prices, remember, we thought crude wa
Retail sector is still under pressure. Pandora shares on the rise after activist Investment Firm calling for pandora to consider a sale. Stocks poised to open lower following mondays rally. Futures up 0. 4 as gasoline, medical care and food prices up. April Housing Starts up 6. 6. Well above expectations on a 3. 7 gain. Economy doesnt look too bad this morning, jim. No. A lot of that increase in cpi is gasoline has come up. Thats something that the market likes, which is the craziness of this market. Remember we go to 48 for oil yesterday, and we have an explosion. All the stocks of the companies that do poorly when oil goes higher, but thats all right because oil is meant to be a barometer. We keep telling ourselves that. At a certain point its not a barometer. At a certain point its back to the inflation rate. But at the same time i dont see a lot of strength. I just see a lot of no volume, algorithmic moves in the stock market. Yesterday was one of the worst examples of it because t
With news of the viacom settlement. Europe is in the red. To the tune of about half a percent. Oil stud stedsy but on track for the strongest weekly gain in four months. Our road map an end to the saga at viacom. Fell leap du monde stepping down. Faber will join us with the details of what the company may look like. The stock market and election. Why equities may be the tail wagging the dog of Donald Trumps poll numbers. The latest from rio as it appears the ryan lochte story enters the final chapters and usain bolt takes home another gold. Viacom expected to announce a settlement with Sumner Redstone to end the battle over control of redstones media empire. Terms would result in du monde stepping down as ceo and would receive a 72 million severance package. It appears to complete Shari Redstones victory in all of this and sets her up for deciding a lot of things Going Forward as the Company Needs to focus on repairing the paramount situation, ratings as we said good buy to larry willm
Twitter stock under a bit of pressure this morning. Company getting downgrade to underperform from oppenheimer. Well give you the latest on that potential deal for twitter. Share of deutsche hitting record low on fears a looming 14 billion fine from the u. S. Will force a capital increase. Reports say angela amerimerkel not step in with any state aid. But first, the first president ial debate between donald trump and Hillary Clinton. Could mark a turning point in the race for the white house. Many National Polls showing candidates in a dead heat. Be sure to watch cnbcs debate coverage tonight 9 00 eastern time. Jim, we talk a lot about how the market is synthesizing politics. This is a new chapter now starting now. Theres this undercurrent going on now. Ive got john harwood here, so i always defer, but this trump is more thoughtful trump. I dont know if thats true. I also know roger ailes resigned certain point from fox and rogers id always like to hear how much hes really involved, bu