progress in china u.s. talks and stocks pointing to a rally at the open, shaking off worries about slowing global growth. musk bets on the midsize suv. shares falling premarket and big tech driving the market to new 2019 highs what is behind the resurgent faang rally this year? stocks on track to open high we are the tech sector on pace for the best week of the year heading into today s session the dow and the s&p 4% away from the all time closing highs the nasdaq almost 6% away. week to date, guys, the dow is up 260 points, despite a 334 point drag from boeing yeah. boeing, what we looked it up, worst week in about two years. down 11% but the strength continues and, you know there is no major explanation or catalyst given for this week s big move, the tech trade is back but generally the 2019 comeback story for the market has been pinned on a few key factors, which continue to drive this market the fed s major policy pivot toward a pause, stimulus from other central
more durables were a mess down 44. that s the worse headline numbers of the year. our road map begins with stocks set to bounce back dow tumbles nearly a thousand points tech has been de-faang. facebook and alphabet all have been crushed and sign of a trade war impact, economic perhaps, deere with an earnings missed slowing demand stocks are set to reopen high after two big days of selling. the dow loses a thousand points so far this week s&p is down 10% from the september high the nasdaq is barely hanging onto gain. about 45% or so are down 20 from the high two months into this process a lot of that repricing had been done s&p did 90 points in two days. it seems like people are dpgettn a lot of selling out of the way. there was a lot of sloppiness in the market yesterday it does make sense to me we are seeing a little bit of a lift today. let s see if things will be punished beyond of what we think. some signs were not as over sold as we were in october we are not, y
sue herera. and i m bill griffeth in for tyler mathisen. welcome aboard. thank you. here on wall street today, the s&p 500 and the nasdaq closed at records on this shortened holiday trading session. but we begin tonight with retail which helped push those indexes to new highs, as investors bet on a strong start to the holiday a critica period for that industry. lines were long at some stores on this black friday. early estimates say shoppers could spend more than ever before. and retail executives are hoping that that turns out to be the case, especially since unemployment is black friday was very strong online as well as the traffic that came into our stores last night and that are here today in our stores. so a good start to the whole black friday shopping season. our margins at brookstone are up. the inventory is cleaner. the inventory arrived later this year, on purpose. and so now we have to come through. we have 2,500 people waiting at the front door this mo
you can see we re set up for what would typically be what we ve seen most days higher, european markets this morning as well. we ll look at right now and they are as you see largely in the red. no major moves the uk has come to light here in the last couple of trading days, though, making up perhaps some of the gap with the other markets. the 10-year note yield hanging around the 2.4 level where it s been and earlier this week we saw wti cross above 60 and it is there again. that has actually been a quietly big story you might argue. that just happened last night, right we did earlier this week and now we re back above natural gas prices you might expect also moving up a legal bit, recently given our kitchen pipe froze. oh, no. yeah. welcome to homeowners. these are the joys. but a quick public service announcement, you take a hair dryer on the pipe and we got it going again. then you let it trickle all day and hopefully we ll be able to make dinner tonight.
today, boss tick and caplin, claims fall to 222 roadmap begins with rate shock jitters as investors continue to digest the hint on hikes. could the ecommerce giant account for 25% of the s&p 500 gains this year such as netflix and microsoft. walmart looks to challenge target and amazon making a big investment to boost online sales for home goods. stocks are looking to rebound from the big swings on wednesday. the dowrose more than 300 points and only to give up gains and finish down 167. the blue chips and s&p in the midst of a two-day losing streak and nasdaq is down for three days and has not had a four-day losing streak since november of 2016 that s how long it s been for the nas. it looks like they were going to be in good shape yesterday and held onto the gains until the digestion of the fed minutes and amazon crossed 1500 for first time and fang really powered the nasdaq higher until of course, the minutes. now the journal is looking at individual stocks that