Going down. Look, i have the i have a list in my hands, like senator mccarthy of 54 known stocks in the s p and how they would do inverted the top 20 ive been working on. Three are hurt 17 that win. If everybody decides that theyre going to pay less for every stock because of this, all lose the algorithms are set to make sure all these use our economy is not as uniquely sensitive. These are not exporters that need to have a dollar weaker dollar is just getting stronger. Extraordinary rally in the dollar dont want to see it i struggle to reach a conclusion that this is all bad given the fact that germany had rates for some time and the market is not doing that badly, even though they have an export economy and their dax, real terms, is up even though theyre exporting right to china in and those sales are weak as we see the numbers from china it is not the end of the world or the German Market would be down. No one is asking if it is the end of the world if it is the end of the cycle, ri
You can see behind me, 35 to 36 is the indication. The Market Makers here are yelling out a number of prices and levels and number of shares. What theyre doing right now is trying to get down to a price that can clear the most number of shares out of here. Were getting close to that number right now at 35 1 2, which is the midpoint of this indicated range as of this time, youre still talking about an approximate market value range of just around 14 to 14. 5 billion. So very much higher than the 15 to 17 and the 17 to 19, the 19 to 21, and the 22 open. And then the 26 to 29 indication that we first got when this came to the floor. So as things stand right now, theyre yelling out a bit more well bring you more details but 35 1 2 is the midpoint of the current range. We could see this stock opening up sometime in the next few moments depending on how quickly they can get those orders together to find the one price that clears the most number of shares for the opening trade back to you guy
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 highs we were up 21, then down around seven point below, so theres the range the thats are nasdaq, a quarter percent gauge. 16,342 is the last trade there. Theres still a big focus on tech, with the semiconduct trade. Arm holdings, those shares are down 3. 5 right now after a generally positive Quarterly Earnings report, comparability is being parsed out, but revenues are 47 higher than last year, and thats in part for demand for a. I. Again, it was down 8 at the lows of the session, so well off tho
Plenty of blue sky tonight. So the fireworks might be visible, which you know is not always a sure thing on new years or for that matter on the 4th of july when they light up the sky here. Sometimes it lights up the insides of the clouds. Stay tuned. Were going to bring you the craziness coming up in our later newscast. Reporting live, joe vazquez, kpix 5. Thank you, joe. Heres a live look at times square in new york. The annual crystal ball drop happens in less than three hours, at midnight eastern time. Security is tight. Everyone who goes into times square must be scanned with metal detectors. Police have deployed teams of rooftop snipers and dogs that can detect explosive particles after two recent terrorist attacks in the city. Thats not the only concern. Could be one of the coldest celebrations on record. The temperature at midnight in new york will be about 13 degrees and with the wind chill it will feel like 1 below. Back in the bay area, its not bad at all. We will actually wi
Word. Reporter imagine being the director of sales and marketing, with the park potentially closing tomorrow, now what . I have spent a fortune in the shops, the cafes, the restaurants, if you close alcatraz, you might as well shut down the city. Many people who want to visit alcatraz say it will cramp their style. They would include the little guys who take tourists to see big trees. Barbara sedemis was here the last time the Government Shutdown in 2013. We hope it wont last very long because it does affect income for sure. Reporter the opinion demographic expands, here joe parker from oklahoma. Phow long have these trees been here, and its going to be closed down, the trees are going to be closed because of some political gamesmanship . Well be sitting on pins and pine needles awaiting news. And we will be following the very latest in lastminute attempts to avoid that Government Shutdown. Well have updates on of course world news tonight and of course on abc7 news at 6 00. A big spik