Return especially in texas is a factor. Now look at this. Five stocks at or near record levels. Apple, microsoft, google, facebook. What you are looking at is premarket prices. I see apple and amazon up again. Not much of a selloff in the other three. Facebo facebook, google and microsoft, after yesterdays stellar performance. Put together, these five make up 22 of the s p 500. Now, that is dominance. The news from the street this morning. It is not good. In atlanta, armed men took over a small area and refused to let the police in. In wisconsin, a state senator beaten when he took a photo of demonstrators. In our Nations Capital, the flag burned by a cheering mob. Varney company is about to begin. Stuart a political bombshell is unfolding. Longtime democrat congressman of new york, elliot engel, is fighting for his political life. The 16term incumbent is trailing by double digits against a progressive. He received the full support of congresswoman alexandria ocasiocortez. Engel was su
Im Andrew Ross Sorkin. You cant wear white pants. Im Andrew Ross Sorkin with joe kernen and mike santoli is here hanging out for becky who is still off today. Lets show you u. S. Equities at this hour. We have a little bit going on. Not too much just yet. The dow off 27 points. Nasdaq opening down 58 points. S p is off 9 points. Treasury yields with the 10year treasury is sitting at 4. 224. The 2year treasury at 4. 910. Have you noticed we flipped that board around, joe . The oil prices . No. The treasury board. That board, we used to run the 30year treasury. The 30year at the top and 2year at the bottom because the way the world used to work. Now the world is flipped upside down and here we are. That is a good metaphor. Mirror what is happening. You remember, andrew, years ago where were you on the show or before when greenspan said it. Its back. Combine the 2year. The 30year used to be the one to watch. Exactly. We should have done 100 about a year and a half ago. Would that have wor
S p 500 closing above 20,000 for the first time ever. Are the markets about to go even higher . Its interesting you said the most specific there was Nothing Specific about it. Think about that but that was the most specific thing he said. Two or three weeks is very specific. The market rallies on the lack of specificity. Can the market go higher . Yeah, i think it being. Why . The russell continues to hold above that 130 level. Transports continue to hold above that 160 level and the vices which i still think its going to single digit theres no since of urgency in anybody right now in terms of risk or the fact that we might be looking into abyss. I think the market goes higher from here. I have to say the other side of all this is what we talked about for a couple days. You see yields coming down and the dollar weakening. A lot of this policy is getting pushed out or at least theres a lot of noise and distractions and you can make an argument that actually the economy is telling you wh
Information was posted online. Global news 24 hours a day powered by more than 2600 journalists and analysts in over 120 countries. Bloomberg west does next. Emily salesforce ceo calls out oracles desperation move. Our exclusive interview with marc benioff. Pokemon go might change mobile gaming forever. We will speak to the ceo of niantic ahead. The visionary that kick started googles self driving dreams. It is making it possible for anyone with an Internet Connection to join in. First, days after samsung recalled note seven, apple is facing a Technical Glitch around the rollout of its latest operating system. Customers updating their iphones could not turn the phone back on until they plugged the phone into itunes on the computer. The problem was quickly resolved and we apologize to those customers. Apple shares closed on a high despite the glitch. Tmobile andrriers sprint said they were seeing record demand for the iphone seven in the preorder period. Webb, who tried to update his ph