After yesterdays midsession rebound, the dow initially fell more than 750 points from the trading session before that striking turn around and finished higher more than 750 points s p 500 went from more than down 1,500 and nasdaq went to close up by 1. 4 these moves came after the fed said it would buy individual Corporate Bonds, not just the etf. President powell trading these today not only on what jay powell said but this idea that the administration will be looking for a 1 trillion package it just seems like the federal government is doing the best in their economy. S p indicated up by 41 and the nasdaq indicated up by 73. Looks like this morning, the 10year is yielding 7. 43 . Watching this stuff how it played out yesterday was kind of phenomenal i couldnt believe what we were watching at the close. It was quite unbelievable you are right houj part is the government stimulus unless that leaked out watching the market. It was down. I dont like mondays anyway. Then i saw 400 and bas
Opportunity. At a fundamental level we have communities in this level that feel a level of uncertainty, how they will be allowed to proceed with life, liberty and the pursue the happiness from businesses when you have uncertainty thats not good. Thats part of what this discomfort is about. The other piece is opportunity and i know ken frazier talked about this on cnbc earlier today, a question about who has opportunity in this country to advance economically what happens to economic mobility Going Forward education questions there as well i think as a country, if were going to be as efficient as we can be, if were going to be as advanced a we can be, we have to get the most that we can out of all of our people out of all of our resources. From an Economic Perspective to me, carl, thats where this needs to go. Morgan, i know that theres been so much going on this weekend, both on the streets and in business dont know what youve got your eyes on. Yeah. I think you really hit the nail on
What she did is achievable. We dont all have to die. We dont all have to sacrifice their lives. They tried to kill my child to shut her up. Guess what . You just magnified her. [applause] trade do more for the Emotional Service this morning. Walmart earning the big one to watch today. To try to see how is keeping up with amazon. Broader markets here. Lower after games. Delegates are pulling back about 14 points. Nasdaq weaker by 400 . In europe this morning, take a look. Lower across the board. In asia overnight, markets were mixed at the close. The nikkei and the hang seng lower pitch a high and kospi were higher. Samsungs battery recall is that. Refurbished batteries for the galaxy know for a taken off the market over concerns. Plus a painful first pitch. Watch. Wow, more on the good coming out of. Jamie to talk about it, Fox Business Network Dagen Mcdowell is back. Chief Investment Officer Michael Johnson play ceo lawrence jones. Good to have you here. Thanks for joining us. Welcome
To leave the eu next week. It wont lead to the chaos that many seem to be expecting. Yet here we are after yet another day where the market was totally immersed in what will happen a week from now. The dow slipping 58 points. Nasdaq falling. I say weve seen this movie before. Except the last time we women through this, it was a heck of a lot worse. I dont really fear the idea that the uk, a country with its own currency, might divorce itself from europe. A whole couldnt penalty in with a different currency. Greece leading the way, a few years ago, i was genuinely concerned about greece, spain, portugal and especially italy. The Third Largest bond market in the world. Those were real unknowns and that would have reverberated around the world. But the European Central bank solved all those problems, maybe not to your satisfaction but certainly the satisfaction of american stock investors. I think the same thing will happen again. The pajama traders. Believe me. You may just get your chan
Let us talk about the currency market very briefly. As an introduction to set the scene this morning, the euroyen set for the worst ever losing streak against the euro since 19 59. This particular pair getting a bit of a chill ahead of the ecb mating that is looming. Story than broader that. It is the euro weakening generally, against most of those 60 major pairs apart from the danish krone. As you can see, that was back in march and april time. An interesting one to watch. We will have more on that and does the moment. Let us get to the bloomberg. Nejra france and russia have agreed to coordinate strikes in syria to increase the focus on jihadist militants. That is after president Francois Hollande and president Vladimir Putin met. Differences over assad. Commerce sales surged yesterday, raising questions about how many will show up for brick and mortar promotions for lack friday. According to adobe, sales are expected to total 1. 7 billion. President ping announced a Major Overhaul t