It fell to a four year low and a rotation out of Growth Stocks some of those recent ipos all falling sharply today. Were down 237 points on the dow not far from the session lows. S p is down and nasdaq is down joining us for the full first hour of the show, dna nathan quick take on the market move. Its very similar to what weve seen in the last week of the first month of each radiator when weve been in earnings this hold year. We saw this in q1. We sold afterwards we saw it again in july. Other we are we made an incremental high. Thats what is consistent. One thing that took it down into enthusiasm about low expectations on earnings with some sort of negative headline about trade and i guess the question is, is this playing out the third time in a row this year Communication Services and utilities with materials, industrials, financials all down more than 1 well focus on the big stories. Bob pisani is covering todays market Kayla Tausche has the latest headlines on china mike santoli h
rachel: showing up for dinner a little bit too happy. pete: maybe, yeah. rachel: i look at that picture and wonder why we left. will: that was a rough show on sunday. rachel: for you. pete seems to be able to weather the circumstances. pete: it was a great show on sunday. proper nutrition. glad you re here and welcome to fox & friends on this saturday morning, february 25th, year of our lord 20, 23, and we always enjoy 2023 and we always enjoy reuniting in new york. will: russia s war on ukraine enters it z second year, president biden is hitting moscow with new sanctions. rachel: they ll target 200 individuals around the world supporting the kremlin s war efforts as well as russian financial institutions. pete: didn t prevent it in the first place, see if it does now. we re joined live from kyiv. that s right president biden meeting virtually with members from the g7 and new economic sanctions from russia and administration officials say these new sanctions will seriou
Can you even imagine . Well, it was pretty dramatic back then. Back then, i was anchoring for the old Financial News network, and on that day is that ron burgundy no look who that is that is a very young paul tutor jones. Oh, my goodness. This is back when paul used to take my phone calls call me again, paul. Wed love to talk again. Anyway, he was on the floor i love that stache. Talked about what happened, what was going on, what he was thinking. Did you lose the stache after the lets see, that was in 87. I lost the stache around 88 or 89 yeah wasnt long after that. Not too late to bring it back. I think it is by the way, paul tutor jones is lauded for having kind of foreseen that drop was happening. Let me tell you, i mean, we were friends back then he was a very still is very, very smart trader. He came up out of memphis trading cotton futures. Wow and hes very savvy trader. Very, very savvy trader. I mean, no surprise that hes had the kind of success he has had. Anyway, were going
Welcome to squawk alley. Jon fortt with mike kantoly at post 9. Kayla has the morning off. Jop jo jon . Lucky number 13 for the markets. The blue chips marching towards 20,000. In case you were counting, 42 days till donald trump becomes president. Will this trump bump lift all or hiding future risks . Joining us are Brian Jacobson and here at post nine john stoltz, oppenheimer asset managements chief investment strategist. Good friday morning. Good morning, jon. If im not mistaken, john, your projection a year ago for where the s p would be right now is right about where we are. What do you make of this trump rally . Was it going to happen anyway or is it worse off than you had expect smd. Our expectations had been that the s p 500 would cross 2,300 in 2016. But weve certainly gotten help from the election of donald trump. Theres nothing like projections of lower taxes, of reduction of regulation as well as prospects that were going see some significant infrastructure spent to get the
I am your uncle. I am your brother, i am your neighbor. Captioning sponsored by cbs this is the cbs evening news with scott pelley. Transition officials didnt say what prompted the tweet, but it came the same day that russian president , vladimir putin, said moscow needs to strengthen the military potential of Strategic Nuclear forces. I think the tweet was ambiguous, and it was hard to figure out what exactly he meant. Reporter former u. S. Ambassador to nato, nicholas burns. In Nuclear Diplomacy and in diplomacy in general, you want to be clear, most of the time especially with your adversaries about what youre willing to do and not willing to do. Reporter a trump aide later tried to clarify saying the president elect was, referring to the threat of Nuclear Proliferation and the critical need to prevent it. During the campaign, mr. Trump also sent conflicting messages on nuclear policy. Look, nuclear should be off the table. But would there be a time when it could be used . Possibly.