That retaliation comment that mentions boeing. Did not mention apple, but apple is acting terribly did not mention Applied Materials. Had a great quarter, stock reversed badly its a surprise. I dont understand whats happening with boeing. You have this you have the ceo, who is blasting the clients, then you have china who doesnt want boeing, and a queue for boeing planes that is dissolving i dont like anything im hearing about boeing nothing. You mentioned the editor for the global times, he does say based on what i know, if you block further, we can add you to the unreliable list, and he says qualcomm, cisco, apple as well as suspending the purchase of boeing planes. This is terrible. The china haters and china lovers should look at our retail sales and say, you know what maybe we have to shut up a little bit here. Maybe were not as strong as wed like and we should hold out until were stronger ive been the hardest line on china. Everybody knows that im harder than peter navarro. But t
A move like we saw yesterday doesnt typically begin the recovery from a dow turn the likes of which weve had, does it no this is one of the greatest oneday bull markets ive seen. You had to come in at the darkest hour, if you didnt, youre coming in on total quicksand. We had a move that was so accentuated by the machines, algorithmic. They exacerbate which ever direction it is. I hate it as much when it goes up as when it goes down, it brings in a lot of people who think maybe its all clear its not all clear its almost like youre lucky if you bought yesterday and you should ring the register today weve seen prices that will hold up but everything ive heard this morning is about how were ready and open for business, but no one talking about going to where theyre ready. Boeing, yeah, thats great you want to fly . When do you want to fly again . Thats a great question, jim. When you talk about what life is going to be like once the crisis passes right or when people go back to socalled no
And lately its proving which. Were talking about technology ocks. Thesi nasdaq com dominated by tech closed at yet another record high today, now on track for the best year in a decade as a matter of fact. Theector as reflected by in etf is up more than 40 so fa this year. And its been helped by a 50 gain in sem conductor stocks and a doubledigit rise it in social media shares. As it happenings the nasdaq was the only of three major indexes to finish higher. Lthe dow f 102 points. Back below 28,000. The s p fell by 1 point. Bob pisani looks closer at techs big run. The markets clearly overbaulgt butot much worry not yet. The major averages chewing in which and eit highsry day. The s p up 10 off 3 trading day this is month. The marketic tecns dont seem crn the market is getting too far ahead of its. There is the fear offis ming out calling it f. Omo. He is that is forefactor the s Technology Store the big leaders in particular. The top ten having big gains above the s p 500. Look. The s
Pinp rally pushed the dow into record territory. Today a mere 6point gain did the same thing. Record highs. D s p close at but the moves didnt come easy. Stocks wavered between gains and losses. But in the end helpe c from trade optimism, earnings moment up and deeson Economic Data. Today as i mentioned the dow rose at 6 points, now mat 27681. Nasdaq up 40, the s p added 7. T in f all major amples higher for the webb. The s p finished the fifth consecutive week of gains. But the big question for investors now is can stocks move higher . As bob pisani reports, the answer my lie in the bond market. Reporter beyond the ral in the stock market we have seen a rally in bond yields. The yield on the. S. 0year treasury notariesen sharply the past seven days invenors ha seen that move in bonds since before the 2016 president ial election. Now this recent spike in yields mass pushed bank scks back into ahi leade position with regional banks like coamerica and key cor hitting highs omile utilitie
Have ever seen tweet us your thoughts welcome to power lunch. Im melissa lee. Wall street carving out some nice gains the dow and wall street pushing to highs s p, zi oons and jpmorgan author industry, the recreational vehicle ceo speaks with jim cramer tonight on mad money. Check out unilever it is going higher no final decision has been made yet. Emerson electric up more than 2. 5 the company withdrawing its 225 per share offer to buy Rockwell Automation rockwell, also higher. Thank you very much welcome. Im Tyler Mathisen here is what else is happening at this hour i get the what else . Otherwise known as the thanksgiving leftovers home prices gaining momentum, rising more than 6 year over year that is the fastest annual rate since 2014 seattle reporting the biggest jump home prices there soaring 13 from a year ago. Potential new problems from wells fargo. Foreign exchange bankers at the company were overcharging clients and albertsons striking a deal with instacart. Michelle we beg