Tech stocks underperforming today, pulling back more of mondays gains or giving up mondays gains, i should say, still on pace for a positive week 59 minutes left of the session, exactly down. 5 , sarah. Weve got a big lineup coming your way National Economic Council Director larry kudlow will join us to talk about the stimulus negotiations and any Economic Impact there. John shrewsberry of wells fargo will be with us and well talk to David Malpass and the race to fund Vaccine Development around the world. First off, though, lets get straight to the big stories were watching mike santoli is watching the market pullback. Rick santelli has the bond report but lets start with mike santoli. Big tech and momentum growth that have been running pretty hotly. This modest payback mode for the prior few weeks. Lows for today were right exactly where the s p closed on friday essentially made this roundtrip a couple of times, trying to bounce off of them yes, if you look at energy, look at pure val
Masterca mastercard, microsoft and u. P. S. All lower on the back of their results as well. Bund yields and oil are lower. Tenyear yield, 0. 77 . All 11 s p 500 sectors are lower, sharply lower thats the heat map of all s p 500 stocks very few are green as you can see above me just less than 3 of declines for all three of the major indices, sara. We will ask allianz chief economic adviser mohammed elbrian. Monitoring two live events at this hour, expected speech from french president emanuel macron and a statement from dr. Fauci mike santoli covering the market selloff meg tirrell with more details on the covid spike in the u. S. And europe and ylan mui start us off with the selloff, mike starting to do some damage third day in a row for the s p. Its starting to cut a little deeper the hope gave way and did accelerate the down side multiple pressure points on this market causing investors to have a harder time looking across this valley of growth, right covid case cuts. We dont know wh
Growing. Thats not the optimal position to be in as you enter into the fall and winter. Are we prepared one frontline workers dire warning. Were not ready for whats coming. The titans record another positive covid test. Now another game at risk of being postponed. Can the nfl contain the virus and save our football season announcer live from cnbc global headquarters,the facts, the truth, the news with Shephard Smith. Good evening. Violent group plan to kidnap the governor of michigan, overthrow that States Government and incite a civil war that is the official word from the fbi and michigans attorney general. They never got the chance. S. W. A. T. Teams and federal agents launched raids, arresting what they call a suspected domestic terror cell before they could carry out any attack investigators say the men planned to abduct the democratic governor, gretchen whitmer, snatch her from her Vacation Home, take her to some hideout in which is consequence sin and put her on trial for treaso
Growing. Thats not the optimal position to be in as you enter into the fall and winter. Are we prepared one frontline workers dire warning. Were not ready for whats coming. The titans record another positive covid test. Now another game at risk of being postponed. Can the nfl contain the virus and save our football season announcer live from cnbc global headquarters,the facts, the truth, the news with Shephard Smith. Good evening. Violent group plan to kidnap the governor of michigan, overthrow that States Government and incite a civil war that is the official word from the fbi and michigans attorney general. They never got the chance. S. W. A. T. Teams and federal agents launched raids, arresting what they call a suspected domestic terror cell before they could carry out any attack investigators say the men planned to abduct the democratic governor, gretchen whitmer, snatch her from her Vacation Home, take her to some hideout in which is consequence sin and put her on trial for treaso
Loathe last nights debate, you know who loved it . The stock market which is why the dow surged 329 points today and nasdaq advanced 4. 7 what did the candidates say that got wall street so excited honestly, its more about what they didnt say, a lot of investors were worried trump and biden would try to score points. These companies if you dont plan to do anything about them not this time. When the candidates lay off the health care sector, the stocks roar one of my favs runs government sponsored health plan and does it better than anybody guess what happened . Stocks zoomed 4 . Anthem, cigna, united health, even cvs managed to rally. My trust owns it follow along by joining the actionalertsplus. Com club. Its been awful. Own your mistakes. We just bought more. 3. 4 yield i have parsed every word of that debate that was hard if you read the transcripts, it was bad. Chris wallace often picked on who told the president quote you in the course of these four years have never come up with a