Screen is driven by not the feds comments, a little boring with the zoom box or retail sales that we got or housing numbers. But what is happening at the mornings Research Meetings all over the country today where the down gained 37 points and the s p dipped and the nasdaq lost 1. 25 . More on that later today seemed like it was dominated by the fed in the amazing snow flake ipo and as someone that helped bring the microsoft ipo to goldman sachs, i know a big deal when i see one. More on the demons the deal unleashed. We had a nice rally going today and thats about what is going on behind the scenes every morning they have a meeting where they pitch the sales force on individual stocks and entire industries as buys or holds or very rarely sells after the pandemic got rolling, almost every piece of research that came out cut numbers. For individual companies and suggested the situation would get worse. The conclusion ive never seen so many sell eric men dae eric men dae er recommendatio
We start off with all the red on wall street, stocks retreating from alltime highs as the dow drops over 800 points in its biggest oneday decline since june tech starts dropping nearly 6 , snapping a tenday win streak. Is this only the beginning guy adami, what do you think hi, mel remember the carpenters . The car ppenters are one of my o five favorite bands. Weve only just begun as ive said many times, 24 hours does not a day make. I dont want to get into the vix but i will say weve talked about it now for the better part of a week and a half despite the that the Broader Market was rallying, the vix was trying to tell you something the internals of the market havent been particularly good this gets us back to levels we saw last week. I do believe its the beginning of something but it could all reverse tomorrow on jobs numbers. Weve seen it before we come back after a long weekend to find the market up significantly. Clearly there are things to be concerned about. Grasso, what did you
Were likely exposed to fentanyl on the golden gate bridge. Chp responded to the scene just afternoon after reports of a driver swerving on the bridge. And crashing on the alexander offramp. The driver was reportedly passed out. Authorities to say that is when officer tried to put the car in park but collapsed after he was overcome by some sort of chemical. Authorities administered narcan on the officer. He is expected to be okay, and all seven people were exposed including five Law Enforcement officers, a tow truck driver, and the driver found in the car. We have a crew on the scene will bring you a live report coming up at 6 00. The bad air, a live look outside today marks 20, look at that come the 27th consecutive spare the air alert as fires continue to push smoke into the bay area and that picture says it all on top of old smokey. Nasser these images of california on the left, satellite view from last september and on e t, how it looked yesterday. For next donation as to how long w
Lows the ceo will be here to tell us how he and his company delivered. Plus the university of arizona claiming it has found a new way to prevent covid outbreaks, testing the sewage coming from dorm rooms president Robert Robbins will join us, as power lunch begins right now. I cannot wait for that story. We wait for the beige book from the fed. Dom chu has more on the markets. So the dow is up almost 300 points at this stage, the highs of the session more importantly were keeping close to dow reclaiming record territory. Anybody who has tuned into power lunch or cnbc in general the last several months knows we continue to make these record highs with the s p 500 gold star there. The nasdaq always creeping higher here. Believe it or not, that 12,000 market was hit early today it open up at 12,050, roughly that level just to put things in perspecti perspective, if you look at the nasdaq over the last year, from the lows we saw up until where we are right here, were talking north of 80 ga
Home this is not an option. Welcome to my world this is all i use these days. It is so easy. So quick amazing im 30 years old im 66 i look like adonis. You are mocking me. Not a terrible mock to receive wolff, were you here in the u. S. You mean january 1, 2016 when i arrived on these shores . Was it really january 1 one or two. You are in for another treat, i guess to see real democracy in action to have a constitution that is the envy of the world instead of 12 different parties in england, the republicans can team up with bernie. You know what it is like to win the popular vote exactly, because our forefathers realize two parties could not elect the president. Other people might have something to say in the uk, you can quite comfortably get a seat in Parliament Without the popular vote you are right, we have no written constitution it is hard to push back on that front. We have our own royal family, the kardashians. We promise not to gang up too much. Im enjoying this so far. I want