Consumer confidence relatively judge the michigan consumers intimate data is a good guide. Lets break it down a different way. Current conditions, 85. 9. That is above expectations at 84. 9. This is what i was really looking for, expectations also ,oming in ahead of expectations but they are still below current conditions, 79. 2. They are not going down, which ethic is the really important thing, as we see the virus picking up. Alix and we didnt get stimulus, counterintuitive to what many thought would happen. Big tex stocks are lower on a stocks big tech are lower on a flurry of data. Now with us, mark st oeckle. Are you buying the dip . Tok i think people need keep it in perspective. The reports were good. I think what we are seeing today is skimming a little but of the froth out of the valuation adjustment. I think they are all very wellpositioned and very well performing companies, but lets also not forget weve had a big run up into these numbers. The interesting part is you look a
Nominees. And, election security. It is at the top of everyones mind. What the cloud flare ceos company is doing to thwart cyberattacks. Plus, highlights from my interview with Disney Ceo Bob Chapek in the last hour. Disney plus shares jumped in afterhours trading. First, lets get up to speed with all of this market move. Tech dominating the day. Mastec registering its best day since april. Abigail doolittle, what a day. Abigail the nasdaq 100 having its best day volatilead all of this action, speaking to the big gains in august, the big selloffs in september. We now have the nasdaq and s and p trying to take back on those alltime highs. A new wants to this is this year, in 2020, these big internet stocks are considered to be quote unquote defense. The companies have really been outperforming from the stayathome trends. Apple up more than 6 . Its best day since july 31, when the stock had surged by 10 . That is the degree of the buying power. We are seeing how much the investors and tr
Are miles apart. We are focused on that potential record close on the s p 500. The number youre watching for is 3386. 15, a couple points off of it as we stand, sara. Hard to believe that we are here coming up on todays show. S p 500 could close at a record high for the First Time Since mid february were going to talk to wharton professor Jeremy Siegel about whether the rally can last from here. Plus counting down to a pair of key Earnings Results after the bell, lyft and cisco gearing up to report well bring numbers and analysis as soon as they hit. Lets focus on the stories were watching with one hour left of trade. Mark santoli with the action, colin rush from oppenheimer. Lets start off with the broader market, familiar things taking us higher, tech, lower treasury yields and the like. Thats right. A bit of a reform to norm. Yesterday 3381 of about the late selloff. Of course were a couple points above that right now its kind of tantalizing also seems a little bit silly this hesita
Not enough to keep any of the majors in the green, dow and s p are about to snap five day winning streaks while the nasdac which did hit a new intraday record earlier has now reversed and probably wont likely see its fifth Straight Record close still what a week its been for the nasdac. One of the top minds on wall street is here, to make sense of all of the market monster moves this week. From the tech rally to golds jump about 2,070 an ounce and bitcoins come back, and we have a fox business exclusive you cant miss his perspective. Telemedicine also in the headlines after President Trumps executive order promising the government will pay for americans to use it, and the big emergencier of course but their competitor is a company thats smaller, and the ceo of dario health is here on the consolidation in the medicine worlds new normal and what his company does differently, its a fox business exclusive, and the end of the pandemic lockup has driven people straight outdoors this summer,
For their good morning its searchings day the 7th of july youre watching r. T. International where its just gone 10 oclock here in moscow now with most countries in the world easing back to normality following months of locks and scientists are warning the virus is no longer being treated seriously enough more than 200. 00 researchers and doctors have sent a collective letter to the w. H. O. Saying the risks of airborne transmission are being ignored were concerned that the lack of recognition of the risk of airborne transmission of coded 19 and a lack of clear recommendations on the control measures against the airborne virus will have significant consequences well that warning there does come as people around the globe have been flooding back to shops bars restaurants and beaches Saskia Taylor now her says is the risk of mass contagion. Its restrictions on lockdown was lifted people wasted no time in pounding the pavement no moss gloves just some good old pretend to 20 close crowds a