Dow down 64, weve got the s p giving up all of its earlier gains, now lower by 3 points. Nasdaqs clinging to a a 5point gain where it had been up 129 points. Kind of losing some steam. Weve seen in the final hour where things can start getting juiced up once again. Lets look right now at what ises propelling the nasdaq. Its actually china stocks. They are grabbing the top spots on the composite led by netease. Look at that gain, up 5. 25 . The the lift comes on a report by bloomberg that beijing is considering relaxing rules that cap Foreign Investment in public companies. So maybe theyre starting to look like theyre going to be a little bit more propluck publiclytraded companies and not so restrictive. Coming up, famed International Investor mark mobius is going to join us live. He has warned viewers to dodge chinese stocks. Will todays news change his mind . Were going to ask him. Hes coming up at 3 30 p. M. Eastern time. No ree laxing or easing at the Federal Reserve at this hour af
Neil 22 years ago this day, the magnitude of an unimaginable and unprecedented attack on u. S. Soil was sinking and across the country and across the world, markets would never open that day. By the time that they did on september 17, 2001 they would plummet more than 7 and keep plummeting bodily being out on september 21 after falling more than 1367point and 14 , newspapers and magazines with jargon and depression headlines talking up more correctly down in any talk of an eminent turnaround, some predicted a years long recession or worse and other solid dismal fate for the bastion of capitalism in the downtown new york city itself was destined to become a financial chernobyl to be avoided and shun one publications a decade, the reality was different although stocks were indeed hammered, they did come back, not in years, more than weeks thats how long it took the market average to recover the ground that they lost. It would be a bumpy ride and certainly a tragic one. But if the perpetr
Neil 22 years ago this day, the magnitude of an unimaginable and unprecedented attack on u. S. Soil was sinking and across the country and across the world, markets would never open that day. By the time that they did on september 17, 2001 they would plummet more than 7 and keep plummeting bodily being out on september 21 after falling more than 1367point and 14 , newspapers and magazines with jargon and depression headlines talking up more correctly down in any talk of an eminent turnaround, some predicted a years long recession or worse and other solid dismal fate for the bastion of capitalism in the downtown new york city itself was destined to become a financial chernobyl to be avoided and shun one publications a decade, the reality was different although stocks were indeed hammered, they did come back, not in years, more than weeks thats how long it took the market average to recover the ground that they lost. It would be a bumpy ride and certainly a tragic one. But if the perpetr
Neil 22 years ago this day, the magnitude of an unimaginable and unprecedented attack on u. S. Soil was sinking and across the country and across the world, markets would never open that day. By the time that they did on september 17, 2001 they would plummet more than 7 and keep plummeting bodily being out on september 21 after falling more than 1367point and 14 , newspapers and magazines with jargon and depression headlines talking up more correctly down in any talk of an eminent turnaround, some predicted a years long recession or worse and other solid dismal fate for the bastion of capitalism in the downtown new york city itself was destined to become a financial chernobyl to be avoided and shun one publications a decade, the reality was different although stocks were indeed hammered, they did come back, not in years, more than weeks thats how long it took the market average to recover the ground that they lost. It would be a bumpy ride and certainly a tragic one. But if the perpetr
Thank you very much. Multiple potentially marketmoving plates are spinning in the air as we kick can off the final hour of trade. Weve got stocks in the red on this day after the Federal Reserve left current Interest Rates on pause but hinted one more rate hike is coming by year end. Weve got the dow down 232 points, s p losing 55. And youre looking at a live picture of the south lawn of the white house where any moment President Biden will greet ukrainian leader zelenskyy, Volodymyr Zelenskyy, before their bilateral meeting this afternoon. It comes after House Republicans again torpedoed their own procedural vote this morning that would have allowed debate on a defense spending bill. General dynamics actually hit a 1year low earlier today. Youve got that in the red, lockheed martin, rtx which used to be raytheon. The funding deadline is just 8 days away, and clashes over military aid for ukraine are part of the holdup. But Charlie Gasparino learned last night wall street is ready to s