Rosey lately with volatility back with a vep jengeance. The dow is up 4 . The s p is up 5 . And the nasdaq is up by roughly 9 . We have been watching the futures this morning ahead of the opening bell this morning. We do see red arrows with modest declines. The dow futures are just 28 points below future values. The s p is down two points and the nasdaq is down 3. 5 points. Over to you, andrew. Well talk Corporate News this monday morning. Argentina suspending proctor gambles operation in the country accusing them of tax fraud. Argentina accuses the company of overbilling 138 Million Dollars in imports to get money out of the country. They are gaining in mccow with and lists looking to decline year over year. Among the reasons, fewer tourists slowing the Economic Growth and china fighting corruption. And in a monday morning deal already this morning, the publicis is buying sapient for 25 a share in cash for 3. 7 billion. Thats a 44 premium with the deal coming after publicis failed on
Is that why democrats stand to lose ground if the polls are believed to be . We have more on what the survey says of blackrocks rob capito joining us. Dont look now but the s p is close to posting doubledigit ganl this is year. What about hedge funds and actively managed mutual funds . The way a lot of folks are invested in this market. The news isnt so good for them. Well take a closer watch. Tim cook promising the apple watch and maybe not now until springtime. I thought it was now, as a matter of fact. Whats delaying the apple watch or was the spring that cook mentioned early next year . Well try to sort it out. Josh lipton is doing digging. We have a report on that coming up in a little bit here. Entering the final hour of trade, the Dow Jones Industrial average off 20. The s p just barely negative at 2017 and the nasdaq adding 5 points and still the outperformer. Talk about it all in the Closing Bell Exchange today. Sam stovell with us, jake raddic, Quincy Crosby and our own rick
But appetites to own are another. New home buyers, first timers, new lows, enormous ramifications for the housing economy. Lets check in with sue at the new york stock exchange. Kind of a mixed day here. We had mixed Economic Data so perhaps mixed trading session should not be a surprise. Dow, s p 500 and dow utilities. Dow negative by about three points or so. Some of the big integrated oils are moving. Chevron and then home depot the biggest drag on the index. Nasdaq up for the 11th time in 1 sessions. The middle of october we all remember how brutal that was. It ended with a pretty big bang. Which are riding the market the best . The index funds or actively Management Funds . Dominic chu is back at hq. If you look at active versus passive discussion it is about whether or not it is better off to pick stocks and time markets as opposed to do what everybody wants to do which is stick with one fund that marks the s p 500 and go from there. According to the analysts at morning star tell
12 months. Check things out this morning, if you want to see the knee jerk reaction to some of these things, youll see already the futures are indicated higher. We knew the republicans were likely to whip, but if you take a look, there were some this was what you would absolutely call a wave with some races that hadnt been expected to go their way going their way, as well. Dow futures are indicated higher. S p futures up by close to 7 points. Nasdaq up by 16 points. As for the bottom, weve been watching oil closely once again. It is down again this morning, down by about 31 cents. 76. 88. Thats about where we were yesterday at this time. This morning, the tenyear looks like it is yielding. I cant see it because theres a line over the one place where it says 2. 35 . The dollar this morning at this point looks like it is up against the yen, up against the euro, up against the pound. Euro is trading at 1. 2484. Dollar slrn yen, 1114 and change. Gold prices look like they are down, as well
A laundry list in the op ed, tax reform, health care legislation, terrorism, reforming education prices. What will they get to in the first meeting on friday . Well, gerri, everyone should have realistic expectations what ultimately can happen here. Anything that the president s desk you need 60 votes. Which means you need a fair amount of democratic support in the senate. You need the president to sign it. If you winnow things through the through tests they are fairly minor. Good steps in the right direction. Keystone pipeline would be on top of the list. Maybe trade measures. Nothing that is really, truly transformative. Gerri that sounded like mcconnell was pointing to when he spoke yesterday. He seemed to be saying dont expect the world. Well not be able to get everything done. Susan, to you, what do Small Business operators want to see . Gerri, Small Business wants to see two things very critical. Not so much, healthcare. Theyre sending employees to exchanges with under 50 employe