Page 2 - Utilities Sector News Today

Im melissa lee, coming to you live from studio b at the nasdaq we start off with a sharp reversal in shares of jpmorgan today. The big bank hitting an alltime early in the session, but taking a tumble midday. The drop coming off Ceo Jamie Dimon said this at the companys investor day i think were in a very good position to continue to invest in our future, and were not going to buy back stock now. Share buybacks have been a big driver for stocks this year. Look at the gains in alphabet and apple ...

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On nvidias numbers . Lets welcome Jordan Jackson is Global Market strategist for jpmorgan Asset Management and stephanie link, hightowers chief strategist and Portfolio Manager and cnbc contributor, both here at post 9. Great to have you. Jordan, a momentous week obviously, and i think the question on everybodys mind is now what . What do you think is next . I think weve got some further upside from here and i think we could see another 5 to 10 upside from here. The reason being you have three p...

Margaret thank you to all of you for joining us tonight, to our dedicated staff here at George Washington university. To our media partner, cbs news and sirius xm and our incredible production team. Thanks for helping the Bipartisan Policy Center sponsor this wonderful debate. Its the fourth in a series by the senate project. Tonight promises to be an interesting and informative discussion on some of the most Critical Issues facing our country and our world. We are honored that senator chris coo...

Surge admitted speculation that Roaring Kitty is back. We discussed that and so much more. Lets turn our attention to the macro picture. New headlines coming from the new york fed when it comes to Consumer Sentiment. It is still running hot, 3. 3 in terms of where consumers see inflationary pressures being in a year. Still holding onto gains,. 3 higher. Cpi on wednesday, ppi on thursday. 2year yield remaining higher. Borrowing costs remaining high. Money going in, yields go lower by two basis po...

Concerned. Compromises acceptable to both parties, certainly never took into account the fundamental interests of the palestinian people, by the way, here we are hearing about plans to prepare a ground operation in gaza, but you and i understand that how is it quite , if i say so, semiprofessionally, the use of heavy equipment in in residential areas, this is a difficult matter. In the same residential buildings it is even more difficult to carry out these operations there, but the most importan...

Plus the ceos first interview in four years. Gen zers are looking for trade schools rather than colleges. Lets start with the markets, though, dom chu, what are you seeing . Were seeing some markets near the highs of the session. So green pretty much, but maybe just fractionally so. So, nothing terribly crazy, but still in the midth of this winding down, still a lot of volatility, but markets are generally holding up. The s p 500 is at 5204, up 17 points are or about one third of 1 . At the high...

Around. What it means for both disney and its ceo, bob iger. Plus keybank seeing an opportunity in one beaten down sector. Why investors should, quote, close their eyes and just buy utilities. That is coming up. But first, lets dig a little deeper and further into todays market action. As you can see, its generally negative, but we did see a little bit of slight positivity at one part today and the dow industrials down 0. 1 and well off the session lows and the s p 500 4303. At one point we were...

Germany, after the attack , the leader of the adf party, popular among germans, was hospitalized. Yasnaya polyana in moscow named the laureates of russias largest literary prize. Who won and what is the main press. The russian authorities will continue to expand support measures for teachers to create more comfortable conditions for them in the country. Build and repair schools. Vladimir putin congratulated teachers on their professional holiday and emphasized a teacher is not just a profession,...

Thats where were going to start, because thats where the pain was being felt, but now services green, financials green, tech green, health care is green, as well. We were going to say tech was mostly lower, the gain in nvidia not enough, but as we said, the situation continues to change which is why we have to watch this final stretch is closely. Our talk of the tape, when will stocks stabilize . Are they in the process of doing that. Is tomorrows jobs report the key . Do we have to wait for ear...