Talking about the closing bell. Welcome. Im kelly evans and the new york stock exchange. Im bill griffeth. Eight years ago today the s p hit its low point, 666. Discuss that for a while. Diabolical. The market of course has come a long way since then. The s p right now is around 2375. Well look at whats behind the pause going on now. Travel stocks are getting hit as President Trump signed a revised executive order temporarily banning travel into the u. S. From six countries. Snapping its win streak we have the first down day for the hot ipo of last week snap. We have more of whats behind that move today down 8 and 3 4 now. Td ameritrade clients have been selling for eight straight months. Well debate if this is the time to sell as the iphone 8 leaks trickle out. Havent even seen the 7 yet. Well talk about it coming up. Lets start with President Trump. Eamon is at the white house. Reporter this is a buttoned up white house in light of the signing of the executive order. The president si
Good morning. Welcome to Worldwide Exchange on cnbc. Im sara eisen. Im wilfred frost. Good morning to you from me as well. Welcome back. Thank you. Lets get straight to the market action. Should we pause and discuss vegas . Was vegas good . Breaking even is always a success. You cant be a cnbc commentator and breaking even is all that you need to do. You need not to lose. Shout out to some of the great dealers who say they watch Worldwide Exchange when they get home in the morning. At 2 00 their time . I like that. Good for them. They go from gambling in one sense to educated investing. Exactly. Not always, but we try to make it educated and give you an edge. But your trip to vegas has made me want to book. Im going soon. Back to the markets. U. S. Futures are mixed. You can see the dow fractionally higher. S p and nasdaq lower. Yesterday all three declined. 10 out of 11 sectors, the s p was lower. That sounds bad but overall declines were a third of a percent. The only sector in posit
Thus far for the three major averages. For the dow, it is since midoctober. Of 109 break that streak sessions without a 1 loss in the s p 500. We have had this lackluster trading action in terms of volatility and movement in volume. It was the lowest Trading Volume of the year yesterday. Volatility taking up and stocks are ticking down. We are seeing a broadbased selloff as well. Only utilities and Consumer Staples are higher. Financials steeply declining today, down 2. 6 . Materials come industrials, tech, discretionary and Energy Falling today. I want to focus on the financials in particular. The flattening of the yield curve is starting to take its toll on the financials large and small. Heres the financials xls down 2. 7 . Down 2. 7 . Evidence of the Regional Bank downdraft. They had been out performer since the election. Re, it look at the k is down 5 . Bank of the ozarks milosevic premier bank ozarks, Pacific Premier bancorp down sharply because they dont have the diversified inc
Thus far for the three major averages. For the dow, it is since midoctober. Of 109 break that streak sessions without a 1 loss in the s p 500. We have had this lackluster trading action in terms of volatility and movement in volume. It was the lowest Trading Volume of the year yesterday. Volatility taking up and stocks are ticking down. We are seeing a broadbased selloff as well. Only utilities and Consumer Staples are higher. Financials steeply declining today, down 2. 6 . Materials come industrials, tech, discretionary and Energy Falling today. I want to focus on the financials in particular. The flattening of the yield curve is starting to take its toll on the financials large and small. Heres the financials xls down 2. 7 . Down 2. 7 . Evidence of the Regional Bank downdraft. They had been out performer since the election. Re, it look at the k is down 5 . Bank of the ozarks milosevic premier bank ozarks, Pacific Premier bancorp down sharply because they dont have the diversified inc
Income countries. The world bank has raised capital has an raise capital since 2010. Two out of five americans said that they would need 1 million or more to retire comfortably, according to a survey from the Employee Benefit research institute. The organization has Research Showing that 10 of people with 401 k retirement plans have at least 200,000 stashed away. News, 24 hours per day, powered by 2600 journalists and analysts in 120 countries. Im a mark crumpton, this is bloomberg. Im mark crumpton, this is bloomberg. Live, from bloombergs World Headquarters in new york, im scarlet fu. Joe and im Joe Weisenthal. Scarlet u. S. Stocks heading to one of their steepest declines of the year. Joe but the question is, whatd you miss . Scarlet thanks ox seen relentless selling, falling as much as 3. 7 , the biggest decline since the monday after the brexit vote. Washington, Top Republicans warning that a failure to repeal obamacare could endanger the goal of a massive tax cut that the white h