Because we have a possible Missile Launch and Hurricane Irma. Taylor all of my eyes are on people in florida. Not a lot of movement here. I would look at the nasdaq in particular, you are seeing quite a few games,. 4 . I would imagine that is more followup yesterday, comcast 150,002nywhere from 200,000 people cutting the cord. Major sectors in the nasdaq, the Energy Sector bringing down the nasdaq. I want to look at oil. Look at this screen. Oil down more than 3 , starting to see that capacity come back online as you are reducing the pressure on demand. That is bringing some of those prices down. Range resources down 10 as a Goldman Sachs analyst downgraded that stock. We are also looking at some of the insurance and banking theirs. Im looking at insurance because it looks to be bouncing back a little bit worried if there is any good news coming out of Hurricane Irma, it was downgraded to a category four versus a category five. That means wind is 150 miles per hour. Perhaps if there is
Reason to spend four digits on this phone. Wait toe continue to release the presentation of the iphone 10 or iphone x. David kirkpatrick, lets ask about the architecture of these phones. Phil shiller the head of marketing at apple talking about abiotic infrastructure in this phone. The glass background, the sleekness. Does this Company Think about we care about such things . There aretrick things we care about. The a 11 chips that what we care about as long as they were great. We do care about if its ifing late in getting it is an organic light emitting diode, it will always be on without using battery. Matters tof change consumerist, it makes the phone easier to use. They havent had many things like that in recent years. I think this rain on the highend phone is going to be a game changer for them. David cory johnson, as we look at the iphone 8, iphone 8 plus showing off the look of those new phones, loop is similar question to you. How radical is the fact that we are getting new proc
The major averages close at record closes yesterday. Today, not so much. The dow is on pace for another record close. The s p 500 earlier today could just put in an alltime high. These are very small moves. However, any green on the screen will mean new record closing highs. With the tiny moves, he probably wont be surprised to know today is the second smallest trading range of the year about five points after yesterdays very matching red below a day back in may. Not a lot of conviction on the part of investors as to what is next. All the different factors from geopolitical tension to apple, little breather today. Let us look at the big movers for the s p 500. At the fact we see plunging 11 . Senators are demanding a probe of the hat. Plus, sale of the stock by executives. Companys plan to aquire. Chesapeake energy is up 7. 4 . Oil. Ng a nice boost from finally, even though we have unchanged stock markets, we do have a bit of a risk on tone. Bonds are trading lower. It is showing by th
House. North korea test fired a missile to travel over japan. The test. W the unanimous sanctions resolution represent the floor, not the ceiling and the actions we should take. To takeon all nations measures against the regime. Now, bill, leading our team of National Security reporters. Margaret, let me start with you. About a boy from fairfax was mowing the white house lawn. He is not addressed north korea directly on twitter yet. What is the white house saying about this most recent test. . The white house is being fairly judicious in these comments. There are a couple reasons why. One is that the United Nations General Assembly is coming up next week and the white house, the president is looking to that gathering to frame a lot of that discussion. The mindset lately is to see the value of multilateral actions. Multilateral actions from President Trump. Thee has been a behind scenes push with china on the issue of oil and north korea. With japancussions and south korea both of whom
Where they were this morning. Not doing a lot as we wrap up the week. The nasdaq, one point this morning up almost 5 10 of 1 , half of 1 , and now off of those. Green on the screen here. Apple, forw movers, example, one of the biggest gainers, and oracle, one of the as they arers here missing on some of the cloud revenue. That is what i am looking at. Lets recap for the week. Come over and my terminal, you will see we are much higher on the week for all three of the major indices, that is after last week when we saw some losses. We have some risk off dealing last week, revisiting that 2 level on the 10 year, and this week a little bit higher with yields up 15 basis points on the 10 year, so that reflation trade is certainly back on as we recap the week. I also want to look at some other major movers for the week ecowas asked fax, for example, down 5 here at the quifax down 5 tier after that breach. Elizabeth union out this morning, trans union down or elizabeth 4 , warren out this morn