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Brown, pete nigerian on the phone, erin browne. First, lets check out the markets to see where we stand this hour as the busiest week of earnings season starts to ramp up the dow up just 28 points. Nearly 400 point gains the s p just marginally to the downside the nasdaq up nearly one full percent at this point. 8657 there a key focus for many traders up about 1. 25 at this stage its great to see you i guess i would start by saying the s p 500 is now down 11 year to date. The recovery has not been anywhere near as robust for the median stock as it has been for the gigantic stock in week is what i call the playoffs of earning season the most important stocks to the overall direction of the s p or reporting. You know the names microsoft, facebook, google, et cetera those are really the stocks that i think matter most directionally. This could be a very interesting week its not all bad yesterday was a massive day. Thats what youd want to see. It happened. The iwm had a 4 3rs day. Not much ....
, Gary Kaltbaum and well the president is firing off this tweet, china dropped the price of their currency to an almost historic low, its called currency manipulation. Are you listening, Federal Reserve . This is a major violation, which will greatly weaken china over time. Wall street not liking that tweet at all today, but how much of a beating could markets take . What do you think . Look, i think they can go lower. Look weve had a good year already. Markets were up in the 20s. They were due, and theres some issues out there that have to be addressed. I ask myself questions every day why is the 30 year bond germany trading negatively. Why . Aways the economy there is sink ing and if germany is sink ing europe is. Same with japan. I think Economic Growth is slowing down and the market sees it and what happened on thur ....
We have a rogue judge who ruled the properties are worth a tiny fraction, 1 100th, a tiny fraction of what they actually are. We have a racist Attorney General who is a horror show who ran on the basis she would get trump before she even knew anything about me. She used this to run for governor. She failed in her attempt to run for governor. Virtually no following. She came back and said now i will go back to get trump again. This is what we have is a scam and sham. Just so you know, my Financial Statements are phenomenal. They are actually less in terms of the numbers used than the actual net worth. The actual neath worth is substantially nor. No bank was affected or hurt and dont know why they have to be involved. They have so testified. They cant believe that they are involved because they were paid back on time, there were no defaults, no problems, and it was like ....
Known about it and followed up by expelling 35 Russian Diplomats suspected of being Intelligence Officers peered theresa may said her country is appalled by the ongoing violence in the Eastern Region of syria. Stop to the a Syrian Government attacks on civilians and called out Bashar Alassads biggest supporters. Not just about the Syrian Government but his backers and we call on all of the backers, including russia, to make sure stopsiolent violence and people in need of help are given help. She says the u. K. Is working with the United Nations to help get humanitarian aid to the area ....
Beneficial in the short term. After the bell an exclusive interview with senator tim kaine, the democratic Vice President ial nominee making an economics speech in detroit this afternoon. Goldman sachs, one of the leading dow components today on the heels of its Earnings Report that came out this morning. The Financial Firm getting a big boost from trading revenue. We have more on that move coming up. And from olympian to entrepreneur, Michael Phelps will join us here to discuss his latest Business Ventures as more and more athletes turn themselves into enterprises. Swimming with the sharks in the world of business at some point. The nasdaq really the big leader in todays market rally. Seema mody has more f ....