Swan number three, hurricane zeta. We will show you exactly where it is right now and how its crushing oil, natural gas and energy stocks. At its lows the Dow Jones Industrials had fallen 908 points. So when you combine that with the previous two days, thats a drop of more than 1700 points. The s p 500 and the nasdaq are also struggling hard right now. We have the s p down 94, the nasdaq down 332. Look, now we see octobers gains wiped out for those two indices and oil getting crushed in the aftermarket session, down 5. 25 . We are now at 37. 51 a barrel. This is not helping, either. Three tech giants, facebook, twitter, alphabet google, adding to the nasdaqs woes. Their shares hammered as their ceos faced congressional scrutiny from both sides of the aisle during a very contentious hearing on capitol hill. We are about to show you the key moments and then our tech panel, top guys in the industry, will translate what it might mean for the stocks. Will the renewed lockdowns invite a supp
The nasdaq is the leading indices and oil hitting a threemonth highly after military strikes in the middle east energy is the bestperforming sector today joining us for the hour is josh brown, ceo of Ritholtz Wealth Management josh, obviously seeing a little profit taking here is this a tax situation scenario or is there more to read into about losing steam and sentiment . If you see profit taking on the what penultimate the penultimate is that not an american word as well . It is, we just dont use it as much. And it doesnt sound as good when i say it. It doesnt, sorry when youre seeing profit taking on the second to last day of the year, thats not tax related, but it could be front running what others suspect might be fax related, meaning look at a typical investment portfolio this year, if they own sector etfs, for example, they have a ton of Technology Large cap tech has done unbelievably well this year. Or if they own individual names. If you own apple, youre up almost double. Now
Wrong. Plus President Trump says hes would listen to dirt on opponents from foreign countries. Democrats slamming them for those comments but havent we seen this already from someone on the left . All that and so much more on making money. Charles millions of people feel that capitalism isnt completely fair especially when it comes to Economic Issues like opportunity, wages, the ability to prosper in a nation where only 3 things really have been for certain, debt taxes and the higher cost of living, now, Bernie Sanders has tapped into some of the stuff, people would be delighted to pay more in taxes and as nation needs the whole enchilada, the last time he ran but obviously would be dangerously arrogant if bernie could couple the extraordinary benefits to have wealthy and big corporations, i mean, think about this, no one likes the big bank bailouts, specialole tax rates for billionaires, rubs people the wrong way on both sides of the aisle, defenders of capitalism should be listening
Composite was down half of 1 . Nicole crude oil done at present yesterday. Down 1. 5 . Lauren shares of apple set to open in more than a decade good analysts and estimates ahead of its Earnings Report today. Dude ceo elon musk over promised and under deliver again . And sports can make him one of the world series is history and pitcher cory clover shuts down the chicago cubs. We will have the highlights for you. Nicole wednesday 5 01 a. M. October 26. We welcome you to heaven, your first look at todays markets, the latest breaking news in what to expect that they had. Lauren donald trump pushes hard are both in the battleground state of florida. More now from adam shapiro. Good morning, nicole. Good morning, lauren. Donald trump continues to energize his base and will be added later today to washington d. C. And north carolina. In florida he had several things, one of which was upon the care and some of the promises. Its either affordable and people are having a hard time obtaining ins
Exchange. Good morning. Im sara aseisen. My favorite song. Im wilfred frost. And ill say it again, welcome back. Missed ten day rally in the there are. Missed you. Miss this major move in stocks. But, yes. You had a great time. I had a nice vacation, postelection vacation. Lets check in on the global market. U. S. Equity futures after another rally day on wall street yesterday left the do you up 80 points and trifecta of record closes. First time all four averages closed at a record since 1999. All three closing there august 15th. Were strong again. Dew futures up 47, s p futures up 4. 5 and nasdaq futures up 18, more than 18 points. For the ten year treasury note yield a story of higher yields, the selloff in bonds, stronger dollar. There we are right now just under 2. 30 on the ten year. Theres the spike up. Like you were never away. You know i have to keep paying attention to markets a little bit with such major action. You wouldnt believe what she reprice to while shes away. The te