Good afternoon. Im Tyler Mathisen right now you can see the industrials up around maybe a tenth of a percent very small moves for the s p, nasdaq and the russell as well today. Utilities in health care, they are leading the way. Energy lagging today good day for semistocks, amd, applied materials. They are among the s ps top performers retail moving, too ross stores, home depot, all hitting lifetime highs but it is not completely pretty in the sector youve got macys, coal, lbrands and nike among the s ps worst performers. Caterpillar is up there so far this year. A great year for stocks. Unfortunately for investors, that is not normal, its not even the new normal and bob pisani, some of the things that made it unusual and we get back to a more normal performance in 2018. Hi, bob. The question is reversal to the mean they say 2017 cant happen again, but why not many traders say we cant have 20 returns in the s p because its just not normal look at the average. Its about 8 since world wa
Touting its first augmented reality superstar, the dancing hot dog. Is ar the future for snapchat . 14 million in market value. Meantime lets get to wall streets Research Prices well have the details on jpmorgans move to take market share ahead. Only going to charge 10,000. Could be a race to the bottom Retail Stocks get crushed, bill miller iv is making a big bet on shopping malls. Well join us to discuss whats behind that move we do start with north korea and the latest developments about the looming threat against the u. S. Reporter we could hear from the president momentarily on the latest regarding north korea theres an event set to begin at president s Bedminster Golf Club it could be on fork force workf initiatives. He upped the ante this morning he said the u. S. Military response is locked and loaded and to that end he retweeted photos posted by u. S. Pacific command of air force bombers at the ready in guam. The u. S. Territory about 2,000 miles due south of north korea that
Now. The dow the s p and the nasdaq very little change, maybe a. 1 or two down. Also on our radar, walmart, reportedly cutting 7,000 back office jobs nationwide that stock is ticking up a bit. Tropical storm hermine bearing down on the gulf coast. Could make land fall by toonnig. Welcome everybody, guy adami is joining us for the two hours of power today. Were following a story out of Cape Canaveral florida. Lets go live to the cape with the latest. Reporter hey, brian, take a look behind me, its overcast because of that Tropical Storm thats making its way to florida. You can still see the smoke billowing out from the space x falcon 9 rocket that exploded earlier today on Cape Canaveral air force space station launch pad 40. The falcon 9 was scheduled to take the satellite launch to take it into orbit this saturday at 3 00 a. M. That satellite was manufactured by Israeli Aerospace industries. But facebook had a 95 million deal to use it over five years for internet. Org. This would hav