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Good morning welcome. Im Morgan Brennan live at cnbc headquarters kicking off with historic moves on wall street as the dow moves towards 20,000 the First Time Since february 2017 the dow has now erased all of its gains since President Trumps inauguration back in 2017 this mornings futures it has been volatile, we started higher, turned lower weve gone flat. Right now, the dow is indicated to up 194 points, the nasdaq to open up 143 points it has been a wild ride. Futures spikes on the news of the stimulus from the ecb. Weve been bouncing around ahead of that 9 30 open. Taking a look at the bond market weve seen a lot of volatility there. Treasuries yesterday sold off with significant spike climbing as high as 1. 25 . Now coming off as investors move back to treasuries with a 10year at 1. 177 . Just off threeyear high ....
At 71. Cooler north and west, 59 in lancaster and 60 allentown. But across the map this is a warm start to our day and this is indicative of what is to come. As we go sbootd afternoon hours were talking temperatures in the 80s. And some of us upper 80s for temperature. Radar and satellite shows us we have clouds lingering right off the coastline here, thats because jose, whats left of it, no longer a named system, but we still have some clouds, a little moisture but its way out to sea. Some of that cloud deck hanging along the shoreline. Everyone else clear as can be for us and thats going to be the case today, sunny to mostly sunny conditions. So now were talking about Hurricane Maria. Still a category 3 hurricane. You can see its now moving to the north of the bahamas. But now its going to begin its trek along the east coast. Somewhat similar to what jose did not too long ago and that means we could see some impacts again. Well ....
And we also want to welcome our guests for this hour joining us this morning from londons Nyu Stern School of business professor Scott Galloway and from one markets, cofounder Kate Mitchell were watching shares of amazon. 14 hours into prime day. 14 hours into prime day. The company is saying the echo is the best per foming bestselling item for the day. Marked down by 50 its not just amazon were seeing deals across ebay and best buy mark things like ipads, lap tops, smart watches down by 47 . Lost the script. There kate, when it comes to amazon, is there a point at which the sort of dominance of u. S. Retail sales and disruption of the brickandmortar Retail Business stalls out . Well, its hard to see in a day like today i mean, these guys continue to impress me an ....