Someone thought there was a method to this madness we are back on the first floor you should watch this show just to see what goes on on times square take my word for it, there is stuff that goes on out there you dont want to miss you got to be 18 for some of this stuff we are ready to go. Brand new set. It is good to be here. We thank everyone for the love beautiful coloring and lights nothing was spared in terms of money for this. Look at this it looks like we are going to take off here. An elon musk designed set. We have that Federal Reserve Board Meeting coming up. Well hear that decision in a couple of hours. In the meantime, you are watching the futures dow indicated up by about 14 points nasdaq by about one point. Nasdaq up about one point. We touched a high yesterday and gave it back a little bit. Still looking at the s p a couple of points off the alltime high. Dow futures indicated up by 16 looking at the treasury market, still looking at the 10year yielding up to 1. 83 somet
Morgan brennan and jon fortt at post nine. Market improving on headlines from larry kudlow. Facebook, amazon, alphabet trading 7 to 15 below peaks on that, we turn to mike santoli about what it says about big tech valuations. Valuations moderated, sentiment has turned i think mostly were talking about alphabet, facebook, and amazon opposed to netflix. Analysts talk about potential some of the parts type valuation. Break up value Type Analysis of the companies, not because they think theyre likely soon to be broken up, want to surface the idea theres value not recognized in the markets. It was emblematic, saying google cloud partners is worth 225 million. If you buy into that, is Amazon Web Services worth all of amazons market cap . You can go on with the conventional wisdom that facebook was somehow broken up, someone some of those off, maybe the sum would be worth more than it is now, right so i think this is mostly a wall street exercise. But it shows you that faang became faang beca
Key. Trade tensions, not healthy matters. President trump opening a new front slapping dozens of new terrifs on goods coming out of the European Union and more road blocks for tesla a Record Number of deliveries was not enough to satisfied share holders. Worldwide exchange begins right now. Good morning and welcome. Shares of tesla setting up for a rough morning despite posting a Record Number. Tesla shares off by about 5 the stock has been struggling this year dpoun nearly 30 first, an october gut check for stocks, the dow plunging more than 400 points on the second day of trading in the Fourth Quarter. Over the past two days, the dow has she had 3. 1 the s p down 3 to start the month as well. This is the first time in its history, in its history the s p kicked off the Fourth Quarter with backtoback drops of a percent or more a piece. This morning, stock futures pointing to what could be a modest recovery at this stage. You see hear the dow especiallyiopening by just seven points. The
Want thats fine. Welcome back. Orville redenbacher bottom line, 350 bits at the lows today which are pulled back through the s p. You traded through the 50, did things you are supposed to do, closed on a better level i will let the technical guys talk about the market levels a payroll number this morning showed a trend weaker in payroll. You had pmi all week to sell you the Global Manufacturing environment is in shambles you have a dynamic where i think corporate ceos if we had the trade rhetoric three weeks ago before we got into earnings season guidance i think would have been a lot different. We havent pulled back as far as im concerned. It doesnt mean i think we have a 10 pull back here, but i think think about this week, put it in the Rearview Mirror and talk about a fed that might be more in play based upon all of these factors. This is maybe what the president wished for. Wondering what it felt like, this was going to be a pretty good market week, at least what the expectations
Points higher right now. The s p 500 looking to open little over four points higher lets show you what happened over night in asia as well maybe were pushing a little bit i was going to say, i thought it would be the opposite situation but the hang sang off little over 1 almost 1. 5 . Shanghai composite down. European equities as well right now. We see whats going on there there you have green arrows across the board finally the number that Alan Greenspan says he likes to look at, treasury yields. Show you where things stand. Thats a sad i look at all those things its a sad commentary on our life. I dont know if its sad. Sad that its the first thing i do oh, to see before coffee, before brushing my teeth, before anything. Yeah. Shaving shaving any way, developing story this morning, over the british ship that was seized by Iranian Revolutionary guards last week, iran releasing new video over the weekend shows commandos repelling on to the deck tanker from helicopters uk leaders spent t