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It fell to a four year low and a rotation out of Growth Stocks some of those recent ipos all falling sharply today. Were down 237 points on the dow not far from the session lows. S p is down and nasdaq is down joining us for the full first hour of the show, dna nathan quick take on the market move. Its very similar to what weve seen in the last week of the first month of each radiator when weve been in earnings this hold year. We saw this in q1. We sold afterwards we saw it again in july. Other we are we made an incremental high. Thats what is consistent. One thing that took it down into enthusiasm about low expectations on earnings with some sort of negative headline about trade and i guess the question is, is this playing out the third time in a row this year Communication Services and utilities with materials, industrials, financials all down more than 1 well focus ....
What janet yellen is doing at the white house. We are here in she is said to be there for a meeting with gary cohn. These are the latest in regular meetings they hold. Investors are concerned about what is happening with Janet Yellens candidacy for the fed chair post. She met with President Trump yesterday. We are seeing the markets continuing on this upward trend. A record high again. Treasury yields are up. The dollar is up. Optimism on tax reform. An announcement about the next fed chair anytime now. Financials and tech are leading the gains on the s p 500, which is up for tens of 1 . The nasdaq is rebounding from yesterdays losses, up. 5 . Vonnie we are learning the fed chair janet yellen is back at the white house for a meeting with gary cohn. It is a semiregularly scheduled meeting. We want to turn to washington, d. C. And have a look at what is been the priority this w ....