Fliers grounded. A risk few are talking about but we are the ticking time bomb amid many bank Balance Sheets. You are watching Worldwide Exchange on cnbc. Good morning, good afternoon, good evening wherever you may be watching what already feels like the fifth day of the week. After yesterdays wild market ride stocks, they open way down stock futures down 1,000 points. Then the market swung more than 700 points as the Federal Reserve says it is ready to buy Corporate Bonds. Basically a direct bail out struggling with individual debt issues right now, stock futures are powering up 500 points not just stimulus for the fed. Reports the Trump Administration is creating a plan for roads and bridges but some funds will be reserved for 5g and rural broadband. Infrastructure has been talked about about three years with nothing passed yet lets wait and see what happens. Treasury yields are surging on that news continued at a whoping 0. 74 . Up from a couple of days ago a huge reversal around th
The Investment Committee is ready to go. Halftime report starts right now. Welcome good to have you with us our Investment Committee, joe terranova, josh brown, the brothers najarian, jenny harrington, liz young is back, the bny mellon director of market strategy. We begin, where else, the market stocks higher, but, josh, directionless. The word of the moment, you know, were down a bunch then up a bunch and now searching for direction. What gets us back to figuring out where we might be going. Is it all about trade . Really well, it may not be all about trade but it feels like its all about trade headlines and then as we get closer to the next fed meeting, it will be all about trade headlines and whatever the fed remarks are. Its a very mixed market environment. Only 53 of the s p 500 names are above their 200day moving average. Only 35 of russell 2000 names large cap is clearly doing you much better than small cap is. But the s p has really been in a range since the beginning of augus
Welcome back to xfinity sports sunday. Raiders up 30. Derek carr. Wide open in the middle. Williams, four yards touchdown. 100 raiders. Deontay. The raiders, now 107. Patrick mahomes connecting and the 42 yards. Kansas city takes 1410 lead. How do you stop mahomes . This is what it looks like when you have bad plays. This is what happens when you give up bad plays. Raiders are 02. A barrage of plays in about a five minutes period really turned this game around. The difficult game on a authority week for us. I am proud of our team who did not quit. We turned the ball over a couple of times in the second half. We had presnap penalties on both side that are unexcusable. Incredible throw and catches. When he gets an opportunity to do that. He can drop them in there no matter where they are. But, i tip my hat to them. You got to do a better job next time. Raiders are one and one. Coach gruden would be mad if i said 02. Deontays top five when we continue on xfinity sports sunday. So that ear
Usually, but i had to take one i kept reminding you that good things can still happen. Sure enough today we got a confluence of great news that made people want to buy hand over fist. Buy, buy, buy, buy, buy, buy. S p up 1. 3 and the nasdaq pulled 1. 75 hallelujah. What happened what happened . Remember the consensus on wall street we were headed for recession, right well, then we learned that the white house has restarted trade talks with china we got some strong Economic Data terrific jobless claims number wrap it up i should have gotten a bow, wrap up a box and you have all the ingredients for a spectacular rally. So where do we go from here . Isnt that what matters . That was history before i break down my current world view let me give you some anecdotal evidence about where we are or at least where we thought we were until today. Im walking down the street going over to my small mexican place san miguel, you know what im talking about. A very nice neighbor stopped me and said, wi
due to rising floodwaters, cars at a standstill along i-70 five. the death toll now reportedly i the dozens and climbing. we will have live reports from the ground and talk about how her state is handling the extreme weather. how they are responding to the landgrab in an california high school no longer applying the thin blue line and parents goin to move disrespectful to law enforcement, but worst one of the worst rooms in u.s. history continuing on its path of destruction. in charleston, south carolina tonight with the latest. hello, molly. thankfully the rain and thos high winds have finally dissipated as it is moved further inland toward the mainland. charleston took a tough hit today. thankfully, many people here on the streets of charleston said they feel like they dodged a bullet, they have seen were storms here like irma in 2017. we got a chance to get up and look at some of the damage from today s storm. a pretty dangerous situation. a little further up the coastli