lamb weston, that was one of our stocks of the hour. down 11%. i don t know what is going on over there in the 209. taylor: i am never going to live that down. that is good to know. on a more serious note, some of the industrial companies, 5757.r at a spot intraday basis down to about 31 basis points or so. keyink 54 will be the next resistance level. the flight to quality we have seen, given the fed and some of the weakness we have seen in earnings. shawne: still with us, matthews. it is earnings season and we are getting into it with some of those large mega cap tech companies. there is high expectation but also a general sense that given their size, given their market dominance, they really cannot lose. they will have the revenue growth and have margin expansion there is really not a reason to be afraid of what they will say or report. do you buy into the i guess teflon nature of some of these names? i think it can last for a while. if you look to the nifty 50, that lasted
the dow industrials up just a few points at the opening bell, 11, maybe, but look at that level. back to 28,000. modest small loss, small loss for the s&p and also for the nasdaq. so look, everybody, sit back, you are going to watch financial history. history being made in hong kong, too. sure looks like open rebellion. the street fighting has escalated. police besieged one of the main university campuses which they say was being used to make weapons. a police officer was hit by an arrow. ominously, the peoples liberation army, chinese troops, in plain clothes, appeared on the streets on saturday. that was taken as a grave warning. add all this up, it is beijing versus the people of hong kong, communism versus democracy. it is a bloody fight and it is not over. in the united states, the democrats want to remove this president from office because of a phone call. varney & company is about to begin. stuart: okay. let s talk stock market, shall we? dow closed in record t
maybe 50 odd points today. it s a down day, at least at the opening bell. caution, tomorrow we get the big report on the service sector and friday, the big jobs report. if either confirms the manufacturing slowdown, i m going to say watch out below. and this, too, may be a negative for stocks. the hong kong shooting tuesday night, an 18-year-old high school student goes down. it is urban warfare. no other name for it. more protests are planned for right now. don t ignore this. the national day military parade in beijing on display, a series of very modern weapons including carrier killers. that is missiles capable of knocking out an american carrier battle group. that would change the military balance in the pacific. that s the asian backdrop to the trade talks, not that encouraging. we are invested in you and we will take you through what may be a nail-biting day. varney & company is about to begin. stuart: this market is likely to open this morning on the downside aft
a bounce in the eyes and services data out today in order to save the market but today the i sense that his readings on the u.s. services sector fell last month to its lowest level since august of 2016 coming in at $52.00 expectations of $55.00 service oriented companies employ the vast majority of americans and registered the weakest growth in september in 3 years business production new orders grew more slowly and employment levels were essentially flat so between the 2 numbers now the pair of surveys clearly point to a sharp loss in momentum the services side is much larger than manufacturing accounting for about 80 percent of the u.s. economy manufacturing only makes up roughly 20 percent so many analysts came out and they didn t place too much emphasis on the manufacturing numbers earlier this week and they were overly dismissive of the weak reads they said that the market shouldn t panic yet manufacturing doesn t amount to much and services matters more and that s actua
sheer saoirse kennedy was found annispsa.he kennedy compound at hill was just 22 years old. marc liverman is in new york. good morning, marc. good morning, wendy. there s still a lot of questione loss of another kennedy. robert f. kennedy s granddaughter died thursday afternoon at the family s compound in hyannis port, massachusetts. emergency responders rushed to the estate of nantucket sound. her family released a statement saying our hearts are shattered by the loss of our beloved saoirse. she was the daughter of robert f. kennedy s fifth daughter courtney. she was due to graduate from boston college next year. the six-acre estate is best known for being the summer white house for president john f. kennedy. the death is the latest in a long line of tragedy in the political dynasty. president kennedy and his brother robert were each assassinated in the 1960s. john kennedy jr. and his wife died in a private plane crash in 1999, not far from hyannis port includmichael kenne