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Its been a wide range today. Former citigroup ceo sandy weill will join us to discuss the water shed moment at his former company which just became the first major u. S. Bank to appoint a female ceo plus, well speak with jason robins from draftkings ahead of tonights nfl kickoff. And we are counting you down to some exciting earnings after the bell today including peloton, oracle, and chewy. Two out of three are big stay at home winners plus an interview with chewys ceo as soon as the numbers hit the tape lets get straight to the market in the final hour of trade another volatile session on wall street mike santoli tracking the action for us what caused the weakness here in the last few momentors so . That morning rally was really limp it did not pass any of the tests. It stopped where yesterdays highs were nobody had any faith this was really going to be upside momentum then you had a rally in the treasury market. Yields got compressed a little bit. And the dollar is also been higher ....
From pfizer and after the aresa zenica coming up, the ceo of caesars will join us exclusively to discuss that partnership and the path forward for vegas plus, shares of Advertising SoftwareCompany Trade desk are up more than 50 on the year up more than 200 from the march lows were going to talk to that companys ceo, find out what that move is all about how they managed to outperform and whether the underlying business is looking as strong as the stock. First up though, lets focus on the big stories in this final hour of trade. Mike santoli tracking the Market Action julia is covering new developments in the oracletiktok saga and josh lipton on information on nvidias deal to buy arm holdings start with the come back for tech and the overall market. A pretty broad and strong rally. You have a little psychological boos ....
You believe that an anecdote on twitter about a cookie that cost 18, is that reflective of our economy and where were at or not . I certainly hope not. I dont do much shopping these days, but that sounds like a pretty expensive cookie. Yeah. And, now, i believe that the American Economy now is the envy of the world after everything right now, correct . We are yes, were performing very well compared to our peer group. Pretty great. And is it fair to say that the stock markets are all up at record highs, right . Pretty close. Yeah. And inflation has been pretty effectively addressed, right . Sharply since the middle of last year. We have a ways to go on that, but weve made a lot of progress. And corporate profits are pretty robust, is that fair . I believe it is. Okay. Well, we can agree that and i dont understand why more people seem to be talking about a cookie that costs 18 but it seems to be against the evidence as well, but g ....
Jonathan krinsky, the path of least resistance, new highs. Are you on that page, too . Im on that page for now for sure after powells dovish comments, and i said this last week or the week before, after the market sold off a little bit, whats going on here . He put a flurry into the market and said no more rate increases. So if you were worried about that, thats off the table now what was jomo turned into fomo the joy of missing out as the market was declining has turned into the fear of missing out genl thats the narrative thats been constant for the last year, i think it is, and im the longest ive been in memory, actually, and its not because my memory is short, as youre about to say. Im glad you said it. Our viewers were thinking it im glad you confirmed it. I wanted to get that out there. I think moderation is in order here i actually think Inflation Numbers will be weaker tuesday and wednesday. Youre longer the market now ....