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Volatile day. The s p 500 currently sits down 1. 75 . Nasdaq touching correction territory earli earlier before bouncing a bit. S p 500 is not quite there yet. But were on that watch over the next 60 minutes as well. A couple other gauges to watch, the vix jumping to 31 even. We have the ten year which this morning that was the big headline. The key benchmark u. S. Interest rate falling below 2 for the First Time Since 2013. Oil falling briefly or flirting with 80 level before closing at 81. And gas prices are in free fall. The key question snou whether all of this will ultimately be supportive for the u. S. Consumer or signals more trouble ahead . The biggest outperformer, the vix. Ripping to day. The socalled fear gauge on wall street gives you an idea of where the sentiment is within this market. Its up 20 . That is quite a move. And thats not even at the highest levels of the day. The vix got above 30, a place it hasnt been ....
We went to oakland and asked people on the street, people who claim to be warriors fans about a bunch of fake players, fake strategies and other fake stuff we made up. Do you think the cavs losing disdain will help the one direction defense . I dont think so. Not at all . Not at all. Do you think the warriors are going to start Elron Hubbard . No. Not in my personal opinion. Why is that . He doesnt do well under pressure. Lebron is changing his name to Michael Jordan. What was your reaction to that news . I was surprised. I thought he wanted to stay lebron. Do you think its a good idea to change his name to Michael Jordan . Marketing, yeah. Yeah. Good morning, everybody. Its all about marketing. Thats a good bit. That is a good bit. Elron hubbard cracks under pressure every time. Amazing. Power forward. Very good in the p ....