This point the nikkei ended flat. Hang seng was off just over 1 shanghai composite down as well. And in europe youre going to see at this point it looks like things are also in the red there. The ftse is the biggest decliner down by just over 1 you can see the dax down by 0. 75 if you want to check out crude oil prices, at this point youll see crude oil is up 36 cents 49. 92 facebook it is making a big bet on video. The social media site launching what its calling watch. Redesigned version of its video platform its going to be rolling out to facebook users over the next couple of weeks. It will include a mix of original content as well as live sports recommendations of what to watch will be personalized based on your interests and what your friends are talking about. This is facebooks latest push for tv ad dollars. Mark zuckerberg said video will be the largest driver over the next two to three years. A big push some people wont get it if youre on facebook now and go to look for it tod
Statement he made midday today which well talk about. Meantime, how about stocks. The s p could see its third 1 gain this year just in that territory right now. Just under well tell you whats behind the move higher and see whether we can hold the gains were drifting down a little bit in the final hour here. And this should be very interesting. After the bell, james damore, the engineer fired from google because of his internal memo on diversity. Hell be talking to kelly oneonone to give his side of the story. Looking forward to that an hour from now. He hasnt been shy about it so far. Right. Let begin at the white house where President Trump is about to address chinas trade practices. Onlion javers eamon javers is standing by. Reporter should see that live on camera in a couple of moments. The president will sign a document which directs the u. S. Trade representative to determine whether or not to investigate any china laws or policies that may be unreasonable or discriminatory relate
Rather you may have heard about this eclipse. No, what happened today, brian . Amazing americans across the nation now comes the hard part. The trips home and the cleanup well show you some of the aftermath. So much to do. Let us begin with your money it was a mixed monday for the market the dow and the s p finishing fractionally higher. The nasdaq slipped just a skosh, i believe they call it in minnesota. You betcha. If we stay weak, guy adami, is it a buy the dip market we stay weak. I would push back and say today was an encouraging day by the way, great having you onboard, great to have you here. Thanks for helping out. Established that earlier. We talked about 2410 being an important level in the s p i think it got down to 2417 today. Pete can speak the vix, down 7. 5 today the ibm, as long as that stays above 130, were okay. Doesnt feel like the worst is over, but at least today gave you the glimpse of levels it needed to hold and it did. You know, we have a dynamic where theres
As much as they used to. Well bring you the comments first, a classic trump trade. That fell sharply today. Transports now on pace for their second negative month in a row. And the airlines in the group hit the hardest. Delta, jetblue, southwest, united airlines, all near or at bear market territory, which means 20 off their recent highs. Which were just last month is this sending a warning sign to the rest of the market . Is it a sign there is more selling to come . Sara, great to have you with us thanks for filling in. Its a long day. 2015 transports had a miserable year at the beginning of 2016 it was off to the races i think tim was early on that one and correct. I have to tell you something it is not just the airlines, as you mentioned. Railroads have been under pressure for the last few weeks. Federal express was quietly sold off a few percent. A name like priceline, impervious to any bad news seemingly has sold off one thing i have said for quite some time now, the iyt transport
And later on, honeywell sending investors a mixed signal. Out with a warning after telling investors basically everything was fine back in october. All of that ahead. Welcome, everybody. But first, we begin with the risk to this epic post election rally. No, we did not hit dow 20,000 today. But we did lock in our sixth straight week of gains. The dollar is surging. And rates continue to rise. So lets start with guy adami. Yes, sir. Do you have any concerns that we could get a protracted pullback in stocks . Im always concerned. But the three reasons we just outlined dont concern me. Out of all three things you dimensioned, the fiscal stimulus everybody has been hoping for is absolutely transcending all of those things in spades. So although individually they were collective headwind potentially six months ago, i think people are looking past them now. Earnings to me are a story. But i think earnings probably will be fine. I think the rising dollar would have been a story again if mrs.