Page 40 - Squawk Box News Today

The market did give back gains we had seen earlier in the session. Part of what we had been seeing with wti prices. Oil prices up. Wti potentially having seen the worst. Talking about disney in a minute they are reopening disney shanghai on may 11 wti up 3. 5 . 23. 40 it has been a long time since weve seen these levels, andrew. It is joe, or becky. We may have to get tacos for joe at the end of the month. Dont worry about me, andrew. Thats like 6 for 12 tacos. What we have to worry about is the...

Hour with our Investment Committee today. They are our committee let oos get a check lets get a check on the market. Stocks are marching higher we are right near session highs. Lets take a look at what exactly is driving things and for that, well start with josh brown because youre in the box right next to me right now what can you make of what this jobs report told us and why does the market continue to rally given the fact the economic prospects may be so dim . Im pretty comfortable saying thi...

Least for today. Nasdaq pacing for its fifth day in the green markets moving higher. Lets get to bob fast break more on this rally. Hi, bob. It is tech powering the market is choosing to believe the reopening stories will go well the airlines are all up. It goes either way on that well see if we can break out. If we can do that, were back to the levels we havent seen since march here when you have the five largest stocks, the market will be up. Thats a big meg cap rally most of the semiconductor...

Ready for the having sounds like a horror film, but its not everything you need ton about the major event about to take place in the cryptocurrency world. We start with the historic jobs report more than half a Million People put out of work. The market rallied with the dollar ending higher and the volatility index dropping below its 1 hund00day moving averag. When unemployment skyrockets to nearly 15 , do you think the stock market would be down but it didnt. So guy adami, what do you make of t...

President trump and the white just a few months ago, we were talking about labor shortages house down playing efforts on going up thats no longer the case. Another stimulus bill despite urgent pleas for more relief from the states and businesses up 1. 4 on the s p. Are you suggesting that companies have an edge in those Profit Margins not falling further because theyre laying off so many workers . Were going to tualk about that stimulus question if a in a i think they have flexibility moment, bu...

Coming up. Pay day for elon musk days after he stated his opinion. Tuesday may 5, you are watching Worldwide Exchange. Good morning, good afternoon, good evening and welcome i am Brian Sullivan. Thank you for joining us on this tuesday, may 5 down one, up the next. Maybe down the next. The market weve been living in looks to continue today as well. When we came in or started since many of us are still at home, futures are posting a solid gain of about 350point jump at the open as you know, it is...

They come. Checking out the 10year, weve been around the same level yesterday we were at 0. 75 this morning, it looks like the 10year is yielding. 69 saying the Global Oil Demand will fall by 9. 3 billion a day erasing almost a decade of growth down about 2. 25 baushing it back to 19. 65 a barrel dr. Scott gottlieb, chairman of cbs health, fanatics executive chair. Chief Investment Officer and more coming up in the next three hours. Joe . Becky, you remember United Health care is a dow component...

370 but did end the day lower. It was the first down day we have seen in five trading sessions well watch what happens today we have a fed meeting coming up. That will be the pla is to watch as we hear from the fomc later today. The 10year just below. 6 a month. This has been the best month for the dow in 18 years because we are coming off of march because that was the worst year for the dow in 22 years. You see these huge swings first down and then up what we are watching in the equity markets ...

Thats something to behold. Its hadding the lowest level since march of 1999. Right now well take a quick look at my board, which is current. I can see it down 4. 13 i say that because ive been practicing waiting 12 seconds to get a quote on something that im trying to give you instantaneously. Now im back on the nasdaq and i can actually see it. The coronavirus pandemic has sapped demand for oil and global storage is rapidly proefing capacity the world is running out of room on ships anchored at...

The nasdaq up about four points. Yields firmed up a little. You can see the 10year, as equities came up, the 10year about 0. 624 all of this as Energy Prices got stronger the june contract up about 13 now trading at 15. 68. Hard to believe that is a strong level. 15 a barrel is pretty strong for oil when they were paying people to take it from them earlier this week. Time for the squawk planner is it . It is yours, joe. Getting to closely watched jobless numbers. More than 4. 3 million americans...