Bigcap tech for more perspective on iran, we have two big interviews. The broader markets, and a special intraday come back. The dow is still just negative, but we are we have off the lows. Whats your take today not only did we not go down as many as some thought on friday, but after we dipped this morning and came back, you know, its a very powerful first few days in terms of flows, but well keep a close eye on it 2020 forecast, but first lets focus in on the big story. Middle east tensions continue to rise mike santoli has hits market dashboard bob, lets start with you. The markets are tell us the longterm Impact Limited so far. Its not over yet. Today same situation, but different trading. Late in the day we faded, but not today. What moved everything around amazon, facebook, microsoft flattish, but down on the day. When you gelt those stock moves, curiously finally energy stocks. Even with oil relatively muted, nice for some names. Guys, back to you. Lets send it over to mike san t
A little of this is flight to safety. Were going to talk geopolitics. Were going to the white house. The white house announcing sweeping new rules on what is called a crackdown on junk fees including banking, travel, lease sure, and housing. Theyre looking to ban businesses from charging hidden fees. That would include resort fees, live event fees, car rentals and more. They would be required to show customers the full price up front. That i would be empowered to secure refunds if the mandate is violated. The white house also taking aim at banks. The Consumer Protection bureau will require large banks to stop charging fees for basic Services Like requesting your Checking Account bans or payoff balance. Its more of a simple process. This is a big deal. You know what . For consumers, its sort of hard to think how its a good thing. Im sure there are folks on the other side, business leaders, saying, oh, my goodness, this is a whole other level of complication and we dont want to do it or
we will talk about what is happening with the payroll number and what is happening with our interview with Vladimir Putin. The week oil has had . It has been shocking. We may about the idea see stabilizing in that market. A lot to talk about. You have a great conversation coming up. You have an allstar cast and preview. Alan krueger will help us. We are going to get fresh reaction from the white house with jason furman. Alex a positive tone into the eight 30s jobs. You have to look at where investors are going into. Theyre going into health care and the safety trades. Market, it is about the stronger dollar. The dollar is stronger across the board. Up . Rent Vladimir Putin saying a freeze can happen between russia and opec. That is helping oil, which has had its worst week since january. In the bond market, look what happened to the japanese 30 yield 30 year yield. This is what happened. Bmj went to the market boj went to the market and bought maturities 10 years or shorter. It is not
Emails, employer info. How much your stolen data is worth to cybercriminals. You will be shocked. And reaching a critical stage at the port. The l. A. Port saying it is days days away from a total collapse. We will take you there live. First, to sue at cnbc headquarters. Stocks are rallying shaking off any fears about greece and europe overall. Its not any old rally, either. This one is putting the dow and s p back to break even for the year, and the dow is on track for its best weekly gain in more than three years. Lets get you caught up on the numbers. The dow is up 142 points the nasdaq up 26 and the s p is up almost 14. Oil has been rallying throughout todays trading session. We are better than 6 to the upside on wti and ice brent is up 5. 5 . Bob pisani is on the floor. The important thing is the character of the action, what the leadership is. Rather than showing you the stocks, let me show you the sectors that are strong today. Automotive is strong another good day for them. We
The close of trading. Scarlet fu is looking at the action on the markets. Scarlet they want to pull higher. They have been meandering all day. You have two Straight Days where the dow average moved at least triple digits or close, more than 100 points. We are not continuing that streak. We have been positive all day long. We are up 66 points. Trading in dow, s p, nasdaq stocks at least 10 below the 10 day average. Utility stocks are leading the way, up almost 1 . Energy stocks leading the decline, down 0. 75 . The dollar posted its first monthly drop since last june in april. It has resumed its rally, up for a second day. Just barely, but it is higher up almost 1 in may. Factory orders stronger than expected ending a streak in which manufacturing related numbers kept missing analyst estimates. You can see crude oil down 0. 3 and copper lower by 0. 4 because of week china manufacturing data which indicates contractions. Alix very busy day. Here are top stories we are watching ahead of t