Stay updated with breaking news from Steve wynns. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Date trade tensions resurface as china rebukes the decision to sign a bill backing protests in hong kong. And retail front and center as we get forecasts from adobe and the National Retail federation, forecasting strong Holiday Spending joining us for the hour is allied chief Investment Strategy lindsey bell here we go, a shortened day today but a lot of excitement. Whats driving the action . Well, you know, there is lower volumes today. Coming into the end of november, going into december, this is the seasonally strong period of the year earnings season was a good one retail sales pretty good retail earnings were good even though a mixed bag and so i think were in the period of pause until the new year. What are you paying close attention to today. Well, today, i think its really all about this is black friday a ....
Qualcomm a downgrade at Morgan Stanley saying basically the underpricing has gone away, that qualcomm is pretty well priced at this point. Walgreens is a interesting one because there may be a bid out there according to people familiar. Walgreens is getting a bit and barons over the weekend mentioned Warren Buffett. Todays story were reporting is k. K. R. Will make a bid for walgreens. Guy alibaba set a single day cord, its a value record of 268. 4 billion yuan hitting the bloomberg terminal the last couple minutes. Showing you what European Markets look like, light volume on the other side of the atlantic due to veterans day, bond market closed and European Market is flat and the london market is down but pound is up. 7 . If you look whats happening with the have ....
[ cheers and applause ] welcome back to the only tv show that thinks there are too many shapes of pasta. Five is plenty. Next week, a cheerleader whos brave enough to take a knee. [ audience groans ] [ screaming ] [ valley girl voice ] drama teen girls always make such a big deal out of everything. [ normal voice ] come to my show in vegas, and while youre there, feel free to chisel steve wynns name off anything you see. Dont forget to buy tickets to my tonynominated show in new york city. The baby name of the week is beetlejuice, beetlejuice, beetlejuice. And finally, its your nascar highlight of the week. [ men making nyoom noises ] [ man screaming ] [ man making zzt noises ] [ men making nyoom noises ] anybody else think that cheater Kevin Harvicks car sounded funny . That joke is for my base. My apologies to the Deaf Community who will not be able to understand that video ....
The blue chips index saw it is biggest intraday reversal since. Gust of 20 for the s p 500 it was the biggest flip since 2016. If any one thing pressured stocks today it was the bond market. A weakur tre auction and a bumming deal in washington sent them on a fewer year high. That rise in terms triggered concerns that the Federal Reserve might raise rates. The dow was down to 25693. And with volatilitck are some are calling this a new phase in the market. But is there more selling ahead . Bob pisani takes a look. Reporter it was another wild and whacky day of trading. He dow swung this a 500 rai and went from negative to up 200 points in 30 seconds but closed lower. We know a large part of the blood bath thiseek was perhaps due to obscure trading products tied to volatility. For the past year traders have been short the volatility betting it would drop and long on the stock market. This blew up on monday. Trade hers toould have t ....