Stay updated with breaking news from Technology fees. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Read tomorrow. Not so invisible. The chip giant notching its biggest stock reversal in nearly seven years and the biggest single day percentage decline since last may, plus targeting tiktok. Theres a bill thats moving through Congress Pretty quickly that could ban the social media platform in the United States. President biden says if, in fact, it passes congress, hell sign it. Lets begin with what will be a very busy week for the markets that ended friday with a losing week for the s p. We havent done that for a few times, but it didnt stop your former employer. That is true. Berens. I think the nature of the decline, you mentioned the reversal in nvidia and we had an almost made to order jobs number and the market didnt exactly shrug, but it wasnt able to capitalize on it. It highlights a couple of the things people have been suggesting would be a test for the market, which ....
Hits stores worldwide. Tim cook at the building in midtown today, greeting people. Questions still remain. I read it there. What do you need . What kind of demand do you have to have . Never mind. Were keeping an eye on strikes. Hollywood strud yos and the writers are going to meet again today. Uaw preparing to possibly expand its walkout from detroits big three. Yeah. Lets begin with the markets after thursdays selloff, jim. Selling rosh hashana worked, sell yom kippur. Larry williams said, be careful, september is going to be terrible. He came to me this week and said, okay, cover your shorts yesterday, buy today. He looked at cycles for short, medium, and long, and they all say that today, next week, we bottom. Look, when you come in and you say septembers going to be awful and then suddenly you say its time to buy, i think that guy has gravitas. Okay. If you say so. He looks like harvey keitel. Winston wolf. Ill do a little keitel for you later. I got to hear him. 30 minutes. Ill b ....
A get together would create the Worlds Largest agricultural supplier. The greens are, oh, the end of the world. There is not, but austria goes antimuslim riots and the they poke chinas eye in vietnam. Varney company is about to begin. Lets be clear. We like drama, but were not going to see much drama on the markets this monday morning. Stocks are going to open pretty flat. The dow, remember, about 800 points from the record close. Ail, still hanging around, 47 and 48 a barrel, but the bank of america is going to 25 a barrel. It will not happen today, but thats what they expect in the future. I like to see the price of gasoline. I dont like this. It keeps going up. 228 the national average. Its a low of 169 on february the 15th. So were almost 60 cents a gallon above that in a mere three months. More on that. Outrage. Stuart did you say outrage . Its costing me 30 to fill up the van, it was 20. The scooby van, huh . Lets get whats ....
Our roadmap this morning begins with the jobs number coming in just shy of expectations for march, january and february revised higher. Notably all of the march gains came from the private sector. The ipo parade continues today with no less than four offerings the most notable Online Food Delivery service grubhub, the ceos going to join us after it opens for trading. And exxon the Worlds Largest publicly traded oil company has agreed to disclose more information about the risks of fracking. Were going to tell you why. But first up, the numbers for the march jobs report nonfarm payrolls up 192,000 forecast called for a gain of about 200,000. January and february pay ros revised higher by a combined 37,000. Unemployment rate held steady at 6. 7. There was an increase in job seekers. Average Hourly Earnings fell by a ....