Youtube segment. The coronavirus remains front and center the u. S. Reporting more than 90,000 cases in a single day for the first time ever. 59 minutes to go in this session, the week, and the month. We are down 3 on the nasdaq today. Ahead on todays show we will speak well break down all of these moves and speak with dan niles and see if he is buying any of the tech nims names on the dip. Lets get first to the market. Mike santoli is tracking the action for us. What stands out . Just in the last hour or so, the s p 500 did go back down and test this level everybody has been watching. We have been pointing it out all week basically the september lows, 3,230 and change we did hit it on the nose. It was a little bit of a tag and then bounced off that. Thats what a test looks like. You dont pass every test. Keep that in mine. It is also the june highs. Also the break even level for the year so there are understandable reasons why people are clustered in this area and decide whether thats
Report tomorrow will be backwards looking and will include the worst of the coronavirus outbreak, but gives ead before the pandemic hit us. Romaine youre talking 13 billion shares swapping hands, well above the average, but in line with where we have been. The sectors prior, energy, utilities, consumer staples. You strip out a lot of the names and we would be more flat on the investorst looks like will take it anyway they can get it. Today, they will take it. Strength, the bloomberg dollar spot index moving higher by 0. 5 . Gains inespite some the currencies overseas. In the treasury market, a modest selloff, but 10 year yields 0. 62, but that is where it has been for some time. Backet lets bring Stephen Dover with Franklin Templeton in san mateo. One thing is dividends, we have sectors,anies, suspending or halt dividends. One group that isnt are the big citigroupdman sachs, Morgan Stanley confirming dividends. That is in contrast to banks in europe. How much does that give them a natu
Out as bridgewater flagship funds logs one of its first half performances in decades. And Rising Oil Prices boosts Energy Stocks after the uk calls irans seizure of a british tanker in the strait of hormuz an illegal act well, good morning, everybody and welcome to street signs. Were about one hour into the european trading session i just want to recap quickly some of the action we had in wall street towards the end of the week last week it was a weaker close for the three majors on the week the dow ended up about two thirds of a Percentage Points lower. S p and nasdaq little more than 1 weakish end to the week for u. S. Equities as we get into the heart of earnings season here. 28 of those released results have beaten sales and 49 have beaten on earnings according to data from goldman. Still right in the heart of earning season, about 150 S P Companies will be reporting this week worth bearing in mind that so far the market has tended to punish the misses a lot more than they rewarded
Im wilfred frost. Im seema mody in for sara eisen. Always good to be by your side. Lovrnlgts l lovely to have you here. Yesterday the dow losing 22 points but the nasdaq hitting another record high, a divergence between the major indices. Looking at the futures where theyre trading on tuesday morning, if youre just waking up with us. Here we go. S p 500 calling for a higher open by one point. Dow jones higher by 13 points. Bp earnings, results is something investors are digesting. Nasdaq higher by 8. We will keep a close eye on the nasdaq throughout the day. Apple hitting a record high now up 25 this year ahead of its highly an tess pated earnings report, which is die this afternoon. Ju the nasdaq composite, a big mover of the overall index. Quick note on treasuries, looking at where the bond market is trading now. When headlines began to cross about the 4. 3 reading in the gdp model forecast we saw a sharp drop in treasuries and gold. Tenyear note yielding 2. 33 . Yesterday, as you sa
If brian were here, hed know that song i do not im Tyler Mathisen major averages in the green in this next, really, three hours left on this final trading day of the quarter and of the first half of the year the dow getting a boost from nikes rally on the backof its earnings beat out last evening check out whats moving right now. The dow industrials up a little bit. As you look at humana, Becton Dickinson all hitting new 52week highs. Its also the last trading day of the first half. Investors, so far this year, have seen some solid gains bob fisani is on the nyse floor. D dominic chu. Thanks, tyler take a look at the sectors here. The key point is were continuing to see mild resistance in technology for example, semiconductors are lagging a bit. Biotech, which is another Market Leader lagging a bit a lot of talk about this rotation going on. Look at the leaders in june. The big leaders have been tech, particularly Semiconductor Stocks utilities have done well as Interest Rates have sta