Stay updated with breaking news from Barbara reinhard. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Otto libre, the amazon of Central America up on the day, reinforced bying the covid19 environment and that seems to be reinforced by reports. Scarlet taking a look at the nasdaq 100, which covers the biggest 100 companies and the nasdaq composite index, it is at a oneweek high, even though we have seen other indices limp into the close and ended the day near their session lows. We have more earnings coming out. Tmobile is the latest company to report, First Quarter etf revenuer the period, 11 million, short of what 11 billion, short of what analysts were looking for. Still awaiting peloton ,nd fox, etsy and other name Different Companies that have been to fitted that have benefited from the lockdown, along with tech. Regardless of where you look, apple, microsoft, facebook or amazon, they continue to get bid higher ....
Crew touching 95 a barrel. 4. 6427 is the new cycle high. Tom this thursday is more tumultuous than monday through wednesday. An equity pop at the back end and we are short covered. And the optimist will be here with us in a little bit. You have to reset and recalibrate. There was a moment yesterday and let me get out the surveillance mouse and tell you that we had a 2. 30 10 year real yields. I did not frame that six months ago. Jonathan the equity market is kind of a snooze. Bond market huge moves. Fx one point four briefly against the dollar. The dollaryen getting closer to 150. Lisa that is exactly the right observation. Why are stocks so subtle and why are they not responding to the markets. Is there just simply a paralysis, or this is forced selling for funds that do not have a big position. At this point are we looking at some unraveling that is gaining steam that nobody wants to get in the way of. Tom i am going to when mike mckeen gives us the gdp blah blah blah, but there is ....
Books help ge turnaround . Julie why not . Today, the answer appears to be corporate earnings and other individual stocks pushing things i. Things higher. Nasdaq at records today. As this momentum continues to drive trading. A great story that mike regan recently wrote in business week. He talked about the fear of missing out trade taking hold here, especially with retail investors. We have seen strategists raise their yearend forecasts. 8. 55 is the updated target, the alon yellow line. Quickly, wehe year, saw the s p outpaced the median yearend target. The dow at 26,000. Boeings price target being raised at citigroup. It was upgraded to outperform. Shares up 2. 6 . Unitedhealth group out with earnings. Because of taxes, earnings will be higher in 2018. Merck announcing positive results related to its lung cancer drug. Those shares up. Citigroup saying despite the 22 billion charge, it will stick to its payout for 2018 beyond because of tax benefits New York , United States , United Kingdom , El Salvador , City Of , Saudi Arabia , North Korea , South Korea , South Korean , Ben Affleck , Dick Durbin , Goldman Sachs , Brooke Sutherland , Steve Bannon , Julie Hyman , Taylor Riggs , Jim Hackett , David Westin , John Flannery , Jamie Dimon , Mike Regan , Price Target , Tax Benefits , Larger Company , Oil Gas , First Day ,
Expected to hold steady at 5. 3 marking a seven year low. Again the report will be released at 8 30 a. M. Eastern time and its one that the fed is watching very closely. The last jobs report before they try to decide if theyre going to raise rates in september. Welcome back. Thank you. We talked a lot about those rates. Weve seen lockhart say theyre going to do it. We had powell on who said still data dependent but a lot of people swinging toward september. Yeah, you called this awhile ago. Well, Wishful Thinking that they quarter point, you know . You can do it. You can do it. Its not going to nothing is going to happen. You can do a quarter point. Im going to talk about the markets now because were going to focus on the jobs report and i decided that im kind of glad that were cnbc and Business News. Im still thinking about what i saw last night, what i witnessed and i want ....