Called recall. Shares remained suspended in tokyo. A change at nestle, dan loeb once more urgency as its fund builds up its stake in the global food giant. Bailout, mored imf loans as mongolia begins to vote for a new president. Thing whichther dominated the trading week, oil falling into a bear market, falling from the peak in february, down 20 . I want to bring this chart up, 355 i was going to bring it up, but we will not. It shows the oil price and its relationship with gold, should be a bit cautious out there. We will discuss that in the course of the program. Lets get over to shery ahn. We should be seeing markets in malaysia and singapore open, but they are on holidays with india, indonesia, and philippines. This session looks positive, the regional benchmark gaining with australia leading gains. Do keep an eye on commodities. We are hearing competition over rios coal assets intensifies, it could be upping its bid to match glencore. When it comes to commodities, keep an eye on c
Nasdaq trading at record highs. The nasdaq up for a ninth day in a row. Some bullish action for the major averages. The dow up the least, up. 2 . Near session highs. Some bullish action as earning season is getting underway. Stick to the tech heavy nasdaq and the nineday winning streak. Cap tech the month of july has been very kind for technology and for the nasdaq. That pullback has been erased. June being the first down month for the nasdaq in eight months has also been erased. The certainty and bullishness for the highflying sector back on. These are the big highfliers today. Microsoft, apple commandments on microsoft will be reporting tomorrow. Therest of these companies following week and the first week of august. Investors are migrating back to the true and tried technology names. That is according to paul sweeney. We all think of 2000 as the big tech boom. This is the s p 500 informationtechnology index, we see the big boom, the bust and now, recently, the s p 500 index for tech
Nasdaq trading at record highs. The nasdaq up for a ninth day in a row. Some bullish action for the major averages. The dow up the least, up. 2 . Near session highs. Some bullish action as earning season is getting underway. Stick to the tech heavy nasdaq and the nineday winning streak. Cap tech the month of july has been very kind for technology and for the nasdaq. That pullback has been erased. June being the first down month for the nasdaq in eight months has also been erased. The certainty and bullishness for the highflying sector back on. These are the big highfliers today. Microsoft, apple commandments on microsoft will be reporting tomorrow. Therest of these companies following week and the first week of august. Investors are migrating back to the true and tried technology names. That is according to paul sweeney. We all think of 2000 as the big tech boom. This is the s p 500 informationtechnology index, we see the big boom, the bust and now, recently, the s p 500 index for tech
Nasdaq trading at record highs. The nasdaq up for a ninth day in a row. Some bullish action for the major averages. The dow up the least, up. 2 . Near session highs. Some bullish action as earning season is getting underway. Stick to the tech heavy nasdaq and the nineday winning streak. Cap tech the month of july has been very kind for technology and for the nasdaq. That pullback has been erased. June being the first down month for the nasdaq in eight months has also been erased. The certainty and bullishness for the highflying sector back on. These are the big highfliers today. Microsoft, apple commandments on microsoft will be reporting tomorrow. Therest of these companies following week and the first week of august. Investors are migrating back to the true and tried technology names. That is according to paul sweeney. We all think of 2000 as the big tech boom. This is the s p 500 informationtechnology index, we see the big boom, the bust and now, recently, the s p 500 index for tech
The Federal Reserve says the economy is growing at a modest pace. The central bank saw inflationary pressures rising. Will it be enough to raise Interest Rates . Erik schatzker is in washington with the latest Economic Data. Give us the interesting points of the book this time around. The book could have strengthened a case for a rate ite two weeks from now but did not. You heard those words and you said it yourself, modest. The key word in these anecdotal reports, modest economic growth, modest wage increases, modest hiring. Not an assessment that turns doves into hawks. If anything, it raises the stakes for fridays jobs report. You have to figure policymakers are struggling. There is a tight labor market. There are signs of building inflation as a backdrop. You have Consumer Spending just yesterday, home sales, and that surprisingly Strong Manufacturing data reported this morning. Then you have the book you might characterize, as i have, as meh. There is just not a lot to go off of h