it is 5:00 a.m. here at cnbc world headquarters. welcome to "worldwide exchange." here is your "five@5." big tech busting. alphabet considering a possible breakup of one of the biggest companies. junk watch, boeing puts a new price tag on the union's strike that's crippling them. rio tinto reaches a deal to buy arcadium lithium, ending weeks of speculation. plus, out with the old as bally's makes room for a new las

vegas baseball station, demolishing one of its iconic casinos. we're going to bring you that implosion live later this hour. once again, tracking milton, reaching hurricane 5 status. it's wednesday, october 9th, 2024, and you're watching "worldwide exchange" right here on cnbc. good morning and thank you for starting your morning with us. i'm frank holland. we start with a check of u.s. stock futures with the s&p and nasdaq both coming off their best day since september. take a look. you can see futures are in the red across the board. the s&p down fractionally at 8.5 points, the nasdaq down just about 40 points. again, in the red across the board. we'll have much more on the broader markets in just a moment, but first we have some breaking news. the u.s. department of justice is considering a request to a federal judge to force alphabet to divest parts of its

business as a penalty for its alleged anti-competitive practices in search and in mobile. according to documents filed late last night, the doj is considering behavioral and structural remedies that would prevent google from using their systems, and i it could force them to sell off their businesses and require google to turn over its data it uses in its search products. and it's said the doj is seeking radical changes that go, quote, far beyond the legal issues in this case. the google executive adds to the potential propriety could affect consumers. >> and we have the worst catch-up trade, china snapping a

ten-session win streak. dan murphy joins us from europe and asia live from abu dhabi. dan, good morning, always good to see you. >> let's kick it off with what was moving in asia. i think you need to look at what was happening on the shanghai and shenzhen markets as well. investors were hoping for fireworks here, frank. they got a sparkler instead, and the market's confidence is on shaking ground. that was also impacting sentiment broadly across asia. meanwhile if you shift focus to the translation for europe, we saw major equities on the flat line, defense stocks, yoo uu -- utilities, not much to write home about. exports were up, while imports

declined more than expected. that wasn't a major catalyst nor was it for stocks across the region. equity investors it would seem holding back on making any hedge bets. in europe, also, remember the ecb expected to deliver another 25-point basis cuts next weekas well. so perhaps investors across the european continent are looking for that catalyst. back to you. >> our dan murphy live in abu dhabi. turning our attention to home, let's get a check on some of the top corporate stories. silvana henao, good morning to you. >> hey, frank. good morning to you. rio tinto says it will acquire u.s. lithium producer arcadium for $6.7 billion and it would create one one of them.

rio tinto the second largest miner said the deal would be an all-cash transaction, representing a 90% premium on arcadium's closing price from friday. and a busy morning for boeing, the company withdrawing its latest fleet contract after its latest round of talks broke down late last night, this as ratings agency sp global put a prieg tag on the strike estimating it will cost them more than $1 billion a month, also adding to a downgrade watch and a possible junk rating ja and x is back online in brazil following a dispute between the social media platform and the country's supreme court. it was suspended after the order by a top judge was upheld by a panel of justices. elon musk refused to ban some accounts that violated federal

law, frank. turning our attention back to the broader markets as investors get ready for the cpi report. let's now bring in ben emons. been, good morning. great to have you here in studio. >> good morning, frank. >> futures are in the red, but yesterday we saw a bit of a market rally. some of it seems to be attributed to a douglas kugler. i wanted to ask you, how do you see today shaping up until we get the fed minutes. are they still relevant after her comments or could they move them? >> they'll look at the minutes. it was a surprise ultimately that we're getting cpi, too, today. that's google news. i do think the markets vary on that share saying if you're willing to cut more, you're going to push the economy more,

so -- stimulate the economy more. >> you think the market is going to look at the edmontons. what exactly are they looking for in those minutes in your mind? >> why did they get to the 50 basis points after all? kugler was clear about the risk of the labor market developing. we wanted to get ahead of it. i think that's the key measure. if they're making a big case about that, then you're going to get the repricing. >> by the way, cpi is tomorrow. you scared me. somebody else made a mistake on our team. you're not the only one. a lot of people wanted to get to the weekend. bond yields, something very interesting. the short end has been technically rising than the long end. have you noted that too? in your mind, what does that say about investor expectations, not only about inflation but what the fed is going to do? >> that's exactly what it is. interesting now the market is pricing about a 15% probability of the fed being on hold in

november. that's what's driving up the two-year yield. it does indicate that there's some positioning about, okay, fed, you can cut, but it may be slow because of one jobs report. i would say that's one report. to goolsbee's comments, there's more coming. i think they want to stay on it. they're kind of concerned about it. they want to stay ahead of it. i wouldn't be surprised if they come back with comments simply because the policy is too restrict sniev we had part of the rally based on that. how are you viewing the equity market overall? yesterday we saw nvidia have a big run-up. some of that is based on some of the comments we got from the foxconn ceo about what they're making for them. overall, do you see this ai trade taking leadership again even though we're going to a rate-cutting cycle that many thought would take to a cyclical

leadership? >> yeah, it's still dominating the market. if you look at nvidia, its parent is in a bit of a wretch. it's broken out now. nvidia is the way of the market and the driver is still with the markets. they look at this ai market as so much unbelievable growth, therefore, driving markets. >> nvidia, up almost 1.5%. a big week. up almost 8.5% this week. how are you viewing the 3w07b8d market? we've heard a lot of people saying the belly. what about you? >> the belly is interesting, but that's where the yields are highest and where it's ultimately going to be -- the fed cut rates will have that part of the rally. you can see it normalize as a result of the rate cut cycle. on the other hand if you look at bonds, they're all performing quite well in the lower environmental. >> what about corporate bonds?

idy -- we don't think we're going to see a big slowdown. we thought there was a slowdown coming. does that make corporate bonds more attractive? >> actually not but they've been so tight, that's where the bit of the challenge is for investors to get extra return. obviously the yielding are attractive. the corporate bonds have done well because the default cycle really low. i think it's a good place. but i think there are other opportunities. those are much more attractive. if rates are going to come down. >> ben emons, great to see you. for more on what's driving the market and the trading day ahead, head over to cnbc pro/pro for analysis. hurricane milton moved up to a category 5 status. they're calling for the intensity to fluctuate between

now and then with the meteorologists estimatinging those winds related to the storm that could be around 100 miles per hour at landfall, but it could still bring a life-threatening storm surge above 15 feet if it arrives at high tide. residents are called on to complete their recommendations. we have a lot more to come on "worldwide exchange," including the one world investors have to know today. first, checking on the health of the consumer, mastercard is out with the pulse of the spending report. we're here with global chief economist michelle myer coming up off the break. and my next guest, and later making way for something new we head to the tropicana casino. it's less than a half ur fhorom now. a very busy hour ahead when "worldwide exchange" returns. stay with us. ach them with confidence. no wonder more than 9 out of 10 of our clients

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...instead of for where you are most of the time? xfinity mobile was designed for where you need it most. xfinity internet customers, ask how to get a free 5g phone and a second unlimited line free for a year. welcome back to "worldwide exchange." new jobs and retail and dining show americans are not done with their post pandemic spending freeze. the stockmarket is boosti retirement accounts, and lower gas prices are leaving us all with more money to eat out or head on a trip. michelle, great to have you here. >> good morning. thanks, frank.

good to be here. >> let's talk about the spending pulse. it's the last one before the holiday season really starts. what are we learning about the consumer in september? what can we read into when it comes to the holiday season? >> our spending pulse showed spending measured was running about 2.2% on a year-over-year basis in september, which is pretty consistent with the trend we've been seeing, which is just about 3%. september did have a number of special factors including, of course, hurricane helene who hit at the end of the month. we certainly saw that in things like restaurant spending which filed briefly into hurricane territory. you have 13e7dspending in other sectors. there was some noise at the end of the month, but overall, consumers are still spending. >> are you surprised the rise is

still only 2.2%. the wage growth is 4.2% year over year. it seems like job gains are strong. people may have more money than previous thought. >> there was also the revision that happened two weeks ago that happened to the gdp account which revealed a higher savings rate than we had thought previously. yes, when you look at jobs numbers, income growth, savings still running above 5% and when you look at balance sheets, it is a supportive environment for the consumer and it has been for some time. any given month, there's noise and volatility as i mentioned, a few special factors in particular this month. but the overall trend has been one of modest spending. real spending is another important point. real spending has been picking up a bit because we're seeing some of these disinflationary

pressures. >> retail is up 5% year over year. this one caught me off guard. jewelry sales up year over year. what does that tell you about the son super? the fact that we're seeing that in september? >> it was a bit of labor story, people going out for a long weekend, end of summer, and jewelry did see some benefit. it's something we dug into a in a lot of detail where we looked at how consumers have been changing their behavior across lots of different categories. jewelry was one that was really interesting to us. it's a category where there's lots of innovation, lots of new names, a lot of support from a marketing perspective in terms of social media around jewelry. and what we saw in particular is some of the new names that are really focused on the younger population, gen z and younger millennials are seeing this real pickup in activity that's quite

meaningful. >> i want to go back to your holiday forecast, 3% year over year. yesterday we had an analysis on saying discounting is going to be half of what it was in previous years. i want to ask you. a 3% rierkz arse. are people spending more or -- >> it's both. promotion periods are not consistent throughout the holiday cycle, and that holiday period is really long as you just mentioned, frank, probably now has already started. it's really important to break down the sales from real spending and volume versus pricing. when you think back to 2021, 2022 numbers, we had really, really impressive gains in holiday sales, but it was driven by inflation, increase in pricing. that changed last year, and i think we're still at an

environment where promotions matter a lot to consumers. consumers are trying to find value. if you look at survey value, there's still an environment where there's a belief around low and steady inflation, and i do think that's a driver for consumers. >> michelle myer. great to see you. hope to see you again soon. by the way, i've sent out my sizes. it ee o's officially out. embrace it. we're going to show you the stocks that they're saying you should buy right now. stay with us. (man 2) i have people i can count on. (grandma) and a million stories to share. (vo) the key to being rich is knowing what counts. when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the difference. at humana, we know that's especially

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are likely to recommend us. ameriprise financial. advice worth talking about. and welcome back to "worldwide exchange." get a good look right now. we're just moments away from the demolition and implosion of this piece of las vegas history. it's set to leave the city's skyline forever. we're going to go live with contessa brewer and the bally's casino. this baseball stadium is going to be imploded -- excuse me. this building is going to be imploded and a baseball stadium built. new zealand's market closing near a one-month high after they slashed the cash rate by 50 basis points. that was in line with the

dollar. they're saying policy is restrictive even as inflation has eased. taiwan semirevenue beads estimates. they're up right now in the premarket. also shares of seven & i has confirmed it's received a fresh takeover offer. it's sweeten its offer last month. coming up here on "worldwide exchange," we've got a lot more to come, but first a market alert on a few transport and logistics names. look right here. citi and 19 companies in the trans sport space. there's a more challenging downturn in recent memory, and

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our next guest will look at the real test. all will be revealed in this half hour. welcome back to "worldwide exchange." i'm frank holland. let's get you ready for the trading day ahead. we get look at the u.s. stock futures. take a look. still in the red. a bit off of their lows from earlier today. so the s&p down fractionally, down about six points t dow would open 55 points lower. the nasdaq down nearly 40 points. the nasdaq and s&p both of them coming off their best day since mid-september. shares rising 4% yesterday, talking about nvidia. you can see right now in the premarket, shares are up 1 1/3 percent. salesforce gained about 2.5%. we're watching the big stock story of the morning. that's alphabet. take a look. shares down some. almost down 1.5%. this is off news the department of justice late last night followed recommendations with

google including recommendations for a potential breakup. our eamon javers will have much more on that story coming up. we'll check on the bond market with yields trading ahead of tomorrow's cpi report. take a look right now. as we've been mentioning, the benchmark 4%. 4.01. the 2-year pulling back a bit. still very close. we've seen upside moves on the long buy. this is a read on expectations. cpi tomorrow. we want to talk about oil falling back, snapping a five-session win streak. taking a look, we're seeing a bit of a bounceback. wti crude up. trading about $74.21. brent crude up just over three-quarters of 1%. all right. that is your money morning

setup. we want to take a look at the best investing ideas in q4 as our guests name their top stock picks where they're finding opportunities in the final month of 2024. so far we've han stephanie link and tiffany mcghee. now we get more from bill b baruch. your pick has had two downgrades this week. we're going to reveal that. it's our mystery chart. it's amazon. give us your thesis. >> listen, it's down 1% to 2% in the last six months. it's only been up 4% in the last month. i think this gives it some room to really outperform in the final quarter. i think the mag 7 really shows up. it's not the greatest way to time it, but it will be going up. if you look at the multiple it's up.

now, the one thing i'm also watching is ebitda. that's something to keep an eye on because some people are talking about the margin compression, but i'm looking at it more as a relative value pray. >> i want to get your take on i. what was from wells fargo? this really hit the stock on monday. according to wells fargo, amazon is facing a lot of competition from walmart's fulfillment business. their costs are 15% lower than amazon's. we're going into the holiday season. is that a concern for the stock going forward that the fact they might lose some of that business? >> you know, i think there's always going to be competition that arises. amazon was really a massive leader in shipping and what they've been able to do for their product. but let's not forget the aws and

the behemoth that sits in there. i think it's much more than what we're looking at in the margins versus walmart, but i think this is going to start to show up over the next year. we're really undervalued here. >> i want to go to something else. very important when we're talking about amazon. their cloud business, they are a market leader. acoveredings the note, they believe amazon is going to come in below estimates. they believe it's going to be 18%. the general consensus is amazon is losing a little bit of market share, mainly just around the edges. are you concerned about this? a deceleration rof growth when it comes to aws or even losing slight? >> openai is the number one preference as ai starts to unload into businesses. the real thing to think about, i like to see the negativity. i think this really rides back

into the profit potential and tightening margins that the other companies like wells fargo cited. i like to see this negativity. if the negative is already out there, it gives us an opportunity to potentially beat it. the way i trade and look at it, that comes back to my commodity background, trading with leverage. i like to see things relatively under valued or the negativity is built in. that gives you the opportunity to see this thing priced out. >> you also like micron and exxon chlg thank you again for your pick. tomorrow we're going to hear from jeff kilburg of kkm. as we head to break, we're koumgting down. a live look at vegas. we're seeing the fireworks. the real show -- you don't want to miss this. the real show is coming up after thisre. bak ♪♪

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welcome back to "worldwide exchange." we're moments away from a piece of las vegas history leaving the skyline forever. our contessa brewer joins us from the vegas strip with more on the implosion of the tropicana casino. contessa, good morning. >> reporter: this is such an amazing scene. only in-do you just demolish old buildings but do it with such

fanfare -- here it goes. the countdown. you've got the drone show behind me taking down the tropicana which was built in 1957. i just started -- oh, no. the fireworks are still going on. we're not quite into the countdown yet. okay. two 23-story buildings. the countdown has just started. i'm hearing lots of music. i'm going to watch this. i'm telling you, this is going to make way now. you're looking at the paradise tower. >> and now the second tower going down.

a remarkable, remarkable scene here on the las vegas strip as this building that was built in 1957 comes down to make way for what has become the new destination in las vegas. this is a sports town now, and the mlb is bringing the a's -- they're building a stadium. still a few approvals to go through before it's a done deal. that's expected to be done by december. i want to bring in bally's chairman and the founder of standard general. you've had a successful bid to take bally's private, and now the remarkable moment, a historic moment for las vegas, to recapture what is such an iconic important corner on the las vegas strip. >> very exciting. there's nothing quite as american as las vegas hascelebrd

a building coming down. i'm really proud to be part of it. >> let me ask you in terms of how this moves vegas forward, how does it move bally's forward? what does it do to have a major league baseball franchise on this site and the ability to now redesign it, reimagine it from scratch? >> it's huge. when we acquired the tropicana a few years ago, we always knew economically it was on less end. but the state of reality is times have passed it by. we want to honor the legacy of tropicana, but we know the 35 acres can be put to higher and better use. >> game and leasing properties which owns the land, they thought the land was more valuable without the buildings standing on it. frank, you were watching from the studio. it was a little hard to tell when that countdown was actually

happening. it was remarkable, right? >> it happened so fast. >> it was fantastic. >> good morning. maybe good evening. i know you guys are in vegas. >> i'm doing great, how are you? >> i'm doing great. thank you. you've been quoted in the local newspaper, you're giving a piece of that land to the baseball stadium. what's another piece of the land? is it a gaming space, hospitality-focused? >> sure. like we've done our part as has the county and the state. we've all come together, the constituents have come together to make sure major league baseball is coming to vegas. but, look, you know, because we'll have all of these -- you know, a baseball park typically generates more than 2.5 million customers a year just for baseball, baseball is only playing 81 days a year, so for the other 251 days, we're

actually going to have the second largest venue, indoors, air-conditioned all year round. it's going to be pretty amazing. >> the other thing is this is going to be the smallest baseball stadium across the mlb. it's going to have 33,000 seats and covered stadium. summers in las vegas, you have to have climate control going on. bill told me they have these other three corners. it's such an opportunity to go back in and redevelop and reimagine the way their properties are at jay sant to the baseball stadium as well. what we've seen from the sphere, the raiders playing here is that there is a flow-through opportunity. there is also some skepticism about the financing for bally's because you have this big chicago project. are you confident you can come up with the financing to get a big, new, integrated resort

done? >> look. there's been some doubt, even for the chicago project. we announced that recently. we feel very confident we'll be able to build something to come up in time along with baseball in the spring of '28. look, obviously this corner has 13,000 hotel rooms already with the brand new state-of-the-art stadium. we'll be sandwiched between these amazing traffic drivers. it will be great looking forward. we have until the spring of '28 to get there. >> it's going to be an amazing opportunity to redesign this whole site. you know, the baseball site might be nine acres, but it was sure fun to watch them coming down. >> yes, you're right. las vegas is definitely becoming a baseball town.

contessa, good to see you. su kim, thank you. coming up, the one word every investor needs to know, plus taking on the tech giant. putting the potential of a breakup on the table for google. shares of alphabet down 1.25%. also you want to catch this new cnbc investigation, "ozempic underworld: the black market of obesity drugs." if you want to watch go to cnbc.com/ozempicunderworld. we'll be right back.

welcome back to "worldwide exchange." we're following breaking news this morning, the department of justice taking new steps in a landmark trust case with alphabet, putting the potential of a breakup with google on the table. our eamon javers has more. good morning. >> the department of justice is considering a break june of the technology giant google and is contemplating sweeping changes to the business practices of the company. the doj say says the measures i would lime to impose, contract requirements and prohibitions, nondiscrimination product requirements, data and inte interonability requirements and

structural requirements. it's the last that could force google to spun or sell off chunks of itself. it's just a high-level proposal for now. doj is expected to offer a more detailed framework by the end of the year, and the federal judge is expected to make his ruling by the summer of 2025. we have some time to go here. remember, google lost this case back in august when a federal judge ruled it did have a monopoly in the search market. google reacting aggressively last night in a blog post, bashing the doj's radical and sweeping proposals. google said, we believe that today's blueprint goes well beyond the legal scope of the co court's decision about search distribution contracts. a rival duckduckgo says this proposal smartly tames aim at breaking googles hold on the search marjt and ushering in a new era of enduring competition moving forward.

in its filing doj is considering ideas that would limit or end google's use of contracts, monopoly profits, and other tools that allow google to be the default search engine across the entire technology landscape. one idea, frank, that is sure to be the focus of attention is to make google public. the data as well as the google search results including ads and underlying raurnging signals, making all of that public might help mitigate this monopoly, but it might lead to controversy over the use of privacy. >> yeah. google mentioned the use of privacy in the post you talked about earlier. does it impact google's ai business? does it reach into that as well? >> yeah. that's the subtext here. the justice department talks about it quite a bit in the

filing that went into the docket last night. what they're saying, they want to do an additional discovery. that i want to see their emails, see the memos, get the numbers and understand where they're going as they craft the final version of what they call the remedy, the fix for the monopoly. so the future of ai at google is very much on the line and the department of justice is taking all of that into consideration. google is expected to fight this every step of the way. their statement just a starting point. it will be a long time before we get to a final resolution here. but this is the opening round now of a battle over the future of google. >> eamon javers says this is a battle over the future of google. take a look at the stop. eamon javers, i know you'll be covering the story all day long. coming up, betting on the

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welcome back to "worldwide exchange." as we close in on the next hour, the doj is making recommendations over anti-competitive practices of google. you can take a look at shares of alphabet. they're down. rio tinto announcing it will acquire lithium producer arcad arcadium. you can see shares of arcadium, they're up over 30%. rio tinto pulling back just about 1% jiabaoing withdrawing its latest offer after the latest round of talks broke down late last night, this as ratings estimates estimate it will cost the company more than $1 billion a month, downgrading it and also a possible junk rating. x is back online after an order from brazil's top judge was upheld by a panel of other

justices. also, disney announcing a raise on ticket prices. meanwhile disney is among the theme park operators closing due to hurricane milton. the storm is set to make landfall tonight. we're watching shares of trump media after surging 19% yesterday, the stocks riding four straight gstrengths of gains. here's what to watch today. we get weekly mortgage apps and august hold data. the fed releases its minutes at 2:00 p.m. eastern time. also several fed officials are speaking including fed chair philip jefferson and fed chair president mary daly. wall street coming off with mag 7 and oil prices leading off of their highs. futures, hour, thaw here in the

red across the board. let's bring in stephanie link with hightower and a cnbc contributor. good to see you. >> good morning. >> what's your word of the day? how do you see today shaping up? >> well, i think it's about earnings. that's my w.e.x. word of the day. the fed kicks it off on friday and we'll have a lot of companies giving us so much information. i think the earnings overall for the corner are going to be 8 to 10% growth year over year. that's tied to a better economy. that's very good frn earnings. in addition, you have a pretty good consumer. you u have pockets of the manufacturers seeing really a rehn saunsz. so i think the numbers are going to be pretty good. the banks are on the front line. that's why we have to pay attention to what they have to say. that u were at a bartlett's

conference a couple of weeks ago. for the most part, they talked about the resiliency in the economy, a solid consumer, and also the credit quality which is pretty important. delinquencies are running at 2%. i think it's really good. >> i don't know if you've seen the lseg estimates. i wanted to ask you about one part of the outlook. energy earnings are falling 22% year over year. with some of the action we've seen in the oil market, are we underestimates earnings with the idea that the geopolitical tengs are going to boost tensions or the overall picture? >> i think that people are underestimating the margin story. i think you're going to see mid-digit revenue growth but the margins will hold up, et cetera. so that's going to give you

extra juice. in terms of energy, i think the stocks are going to overbuy. i do think not only are earnings coming in better than expected, talk about margins, but also free cash flow. these companies are making money. they make money. their cost break even is at $30 oil. you're at $70 oil, 70-plus, whatever. they're actually not only producing more, but they're also returning that cash to 145ir8ds in terms of dividends, free cash flow in terms of buybacks as well. and they're all cheap. they're trading it at 10, 11 times forward estimates. i think that's definitely the place that i like. >> you mentioned big banks are going to start reporting on friday. you have three picks for us. one is truist, morgan stanley, the other, bank of america. if you look since the rate cut, truist, a big laggard. we had somebody on yesterday who said -- investors are

overestimating the idea based operate cuts. at the same time, we're seeing morgan stanley making big gains. what do you make of this? truist is one of your big effort holdings? >> truist is a net income story. maybe not this quarter, frank, but probably next quarter. they're kind of a turnaround story. 2023, 2024, they simplified their business. they cut costs. they streamlined their board. 2025 is going to be all about profitability, growth, accelerating growth, and they just announced a buyback. it gives you a 4.9% dividend yield. it's lagged goldman sachs and the s&p 500 and i do think the m & a cycle is actually going to very much run in their favor. and on bank of america, yeah, the stock is down 10% from its highs, but they were very bullet at the barclays conference in

terms of net income, increasing it for the first quarter and talking about the trading being in the low single digits, talking about the consumer being okay and no growth slowdown, so i think that's value to be had there. >> thank you very much. your picks, truist, jpmorgan, and bank of america. red across the board. that does it for us on "worldwide exchange." squuc box starts right now. good morning. stock futures lower. stocks in china are sliding. is google heading for a breakup? the justice department, that's the recommendation for an antitrust remedy. lina khan has maybe a month to get that done. florida bracing for hurricane milton in this case, which is expected to make landfall later today. hopefully it slows. but if it slows, it usually gets

bigger. it's wednesday, october 9th, 2024, and "squawk box" begins right now. ♪ good morning, everybody, and welcome to "squawk box" right here on cnbc. we're live from the nasdaq market site in time square. i'm becky quick along with joe kernen and andrew ross sorkin, and the futures at this hour under just a little bit of pressure. it looks like the dow futures up by 38, nasdaq futures down by 30, the s&p down by 4. but it comesafter a pretty positive day, particularly in the dow sector yesterday. the dow was up by 126 points. that was up by a third of a percent. the s&p was up by 1% and the nasdaq up by nearly 1.5%. as a matter of fact, it was the best day for techs