Controversy coming up. Another rate cut to tell you about, mornings with maria begins right now. Maria wig but this morning, joining the conversation, dagen mcdowell, founder and ceo, liz peek, great to see everybody this morning. Good morning. Maria lots to talk about, also on deck, ihs, we are talking oil, entered a bear market. Assistant to President Trump for trading Manufacturing Policy pete navarro to talk china and the fed, check out the oped and the journal about that today. 3time mlb, mvp and 14time allstar Alex Rodriguez, arod, they discuss the sports business and podcast and all things baseball, dont miss a moment of it. A lot to talk about, another rate cut overnight this morning from the philippines, look at the markets of 67, nasdaq up 40 points. Investors shaking off the trade tensions and growth worries when all said and done yesterday with dow industrials down 22 at the lose, s p in positive territory and nasdaq up almost 30 points, Fourth Central Bank in 2 days cuttin
Got us high as 88 this morning our global map futures falling sharply picking off where friday drop off. We have broadcom raising that bit for qualcomm it would be the Largest Technology deal if it got done it is best and final and it is worth more than 121 billion in cash and stocks. Shares of wells fargo sinks. Stocks are on track to extend the sell off on friday if the dow falls 235 points today, that would constitute a 5 pull back on its all time high on january 26th might we know how long it has been since we gotten that 5. It is been the story. It is how long the streaks have been last week we got rid of two of them which is more than 60 bases point tcp fr drop of the day. It emblems of how extended the market was and everyone i think, a week ago were saying it was overdue. Markets are over heated so this is how it looks and when ever that happens, you can grab at the headlines for why it could go further and i think just looking at the dow open makes a lot of sense they always s
Announce the charges in florida case with us for the hour today, joe terranova, stephanie link, josh brown and jon najarian and also gentleman gentleman theirian the nasdaqs skid would be a troubling sign it is the worst stretch in some ten months josh, im wondering what you make of what is happening with the fangs. Thank god im back. No one is talk lick wquidations today. These stocks are allowed to go down 10 it is not the end of the world and in fact i would actually say look at how well the market holds up in the face of the most popular hottest stocks in the market doing poorly. This is a positive not a negative so lets think about it. Apple down 9. 6 . The russell doesnt move the russell is up 6 this month. This is a good sign. You have an oil rebound, you have the itb, builders making new alltime highs as im talking. You have the transports within pennies of a new alltime high this is a positive, not a negative let these stocks correct they are up very, very big and at the end o
And by contributions to your pbs station from viewers like you. Thank you. Tonight in part two of our exclusive conversation with the only two africanamericans in the senate, well talk about everything from the gop takeover of the senate to tax reform to steve scalise. I started the conversation by asking senator booker what it feels like to be a minority in the minority in the senate. This is all i have had 13 months in the senate. The first 13 months i was in the majority. I spent a lot of time learning. We had frank conversations, i within the always happy with the way things went. Im a prisoner of hope that there will be a way to navigate now that i am in the minority. Speaks of criminal justice reform, when i have kofrss with senator cornyn and senator scott with rand paul mike lee, i can go through, you know at least ten plus senators on the republican side who talked to me about this issue or cornyn, lee and paul put bills in. Im hopeful, even with a republican majority, legisla
Problem is with apple. At any rate, heres where we stands right now. Sort of a meandering day for the markets. Some Economic Data out this morning. The market responding to that. Then a sideways move after that. The nasdaq benefitting from the rebound in technology yesterday. Up 11. 5 points on the thatnasda. The s p is also trading higher. There it is. Up 2. 5 points on the s p. Meanwhile, bullish sentiment at an eightmonth high right now. Equity allocation is still at the lowest level of the year according to the American Association of individual investors survey that was out this weekend. Stock in a waitandsee mode. Totally understandable until these fiscal issues are resolved. But dont just sit on your hands. There is money to be made if you can find the opportunities. Lets find out where they are in todays closing bell exchange. Everybody is in the water here. Scott is not there yet. Jeff cox, the market is still waiting on the fiscal cliff. Theyre still sort of held accountable