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Markets moved to the downside, Morgan Stanley at the Economic Team out with a note in the last few hours, talking about some of the risks. Markets as youhe start to see this payrolls turned back negative. What that means for the Downside Risk for the market at valuations that are by some measures full at this point. Romaine lets bring jim polson back. Upay, you see the nasdaq 100 0. 8 . Snp down half a percent. Down 2 on the day. Smaller, midcap cyclical names, that has kind of disappeared. That some of these names could come back anytime soon . Jim i think that whenever we have jitters about the virus reemerging, that creating a slowdown in economic reopenings , we will get the kind of today we got today where the market itself, great leadership by what is perceived as defensive investments, which is the new communication ....
That long to come back to an alltime high. And lets all remember the last time we were there in 2000 we felt like we were at mt. Everest at that time because it had gone straight up. And it didnt take very long for it to come plunging back down to earth although this time is different. A lot of people looking at the valuations and a number of reasons. Well talk about then and now. Also something to note heading into the close, quadruple witching. The expiration of four different options contracts to make for a bumpy ride and exciting and higher volume ride into the close. That is what could put us over the top for the nasdaq today. So well watch that going into the final hour here. Lets show you how were doing otherwise for the major averages. The dow is up 233 points. Thats close to the high for the session right now as a matter of fact, up 1. 3 . And the s p is up 24 points now at 2113. Lets get to our closing bell exchange. A lot to talk about our guests today including jeff reeves ....
If injured much about it, we have any quality for russians. We have actual racism, bigotry, against russians. Its now dangerous to be russian in europe. So i work with as possible. If a nation suddenly be disliked was the hotel latino place there and only now come to the for the last full for shirley moss for so for the is router will be a new one. Hasnt been seen before in their perspective. Better plans must be a little more informed. Some didnt the studies before the door and moving in that i knew you started with, you know, people not yes. Whos dial . It also brings up the door. Could go with his i here because thats a theme is usually when you got a pretty doing was a how i can with consumers with i mean it wasnt due to me, delusions, wellborn. I wish you, all you gotta do is feed him over the head and just tell him the right way to live near is going to do it for what was it before . I let you move up just to be, i just play a shy many of the kids. I tried to understand why my ow ....