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Now in bear market territory. Those stocks are down at least 20 in some cases, more than that. All the major averages deeply in the red today. Its i shaping up to be the worst week in the dow, s p and nasdaq in nearly four years. This is serious selling. Lets look at the price of oil breaking below 40 a mark today. Weve been watching this one for some time. Its now down about 20 . Thats a bear market. Thats just this month. Finally, take a look at volatility index. Surging today. Its doubled this month. Its above 25. This is the one we are watching. It was dormant all summer. Today its up above 25. This is the best month it had. All sorts of benchmarks are being set. Exactly. Dow jones industrial average is close to breaking below 16,600, which it did do briefly earlier. We started the week with the vix around 12 and were at 25 now. We have bob doll to break down where he is telling his clients to put their money now. Tech and social stocks getting crushed in this market. Apple one of ....
Session highs it was up 163. Of course, plenty of attention on crude oil rising after that china rate cut. Bob, a different pood today . Yes. We have a rally, but not an enthusiastic rally. It was 51 at the open. We should have gone better. The volume is only moderate. It drifted lower. The buyers are not enthusiastic. Im not seeing people go after stocks beaten up. S p 500 has been sideways except for a dip in the middle of the day. Up roughly 300. A few sectorspecific movements. Home builders have been weak. Toll had a report where earnings missed expectations. Growth is slower than expected. Elsewhere its the enthusiasm or lack thereof im interested. Freeportmcmoran is now down. We should have been doing better. Some big multiindustry companies. Textron, united technology. 3m. Down right now. We should have seen this up on bigger volume if you had enthusiastic bounce back. Were fine. Weve got a bounce back. I dont see a lot of buyers coming after the market right now. If that contin ....
Workforce of the future and infrastructure. Vice president pence will be engaged with each of the groups and after the groups conclude their discussion, the president s staff will compile the feedback in the president will sit down with the entire group for a listening session on some of their recommendations. As you can tell by the structure of the meeting, the president is expecting these interactions to lead to real action being taken by the administration, creating a dynamic and booming economy that works for all americans. This continues to be at the top of his domestic policy agenda. As a successful businessman himself, the president knows if we are getting the country back to work, we need to hear directly from job creators, what is loading them back in what the appropriate steps to remove the barrier. In his first month in office, the president has already taken numerous actions to boost job creation and key Economic Indi ....
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Shares of Exxon Mobil Corp. bounced 0.9% in premarket trading Friday, after the oil giant was upgraded at Gerdes Energy Research, citing valuation after the. ....