let our expertise round out yours. welcome to "power lunch." glad you could join us on a monday. stocks are starting the week with gains. despite last week's pullback for the dow, all three major averages are set to close in the green for the month of october. that means 11 of the last 12 months dating back to december has been positive. it's been quite a run. >> who would have seen it back at the type we were worried about recession. bond yields, though, we're near the 4.3% level. it's still feeling pretty hot.

>> we'll going to talk about about that. >> indeed. >> iran has minimized the israeli strikes. they've been retaliating, become somewhat tactical, but look at the response of wti crude, it's a 5.5% drop today. this would certainly help if it stays that way. >> the idea that perhaps this is a kind of a pause in some of the tit for tat rear taluation between iran and israel, contributing to a slide in oil today. apple releasing new operating system today. while some people find the updates annoying, this is the first roll-out of apple's intelligence features. it is obviously -- the jury is still out whether this is enough to get the super cycle in sales of the iphone, what is it, 16? >> i had to go last week, because the last one broke.

this is not the pro. i was able to get it right away. i got the update to 18.0 -- that's what we have to clarify, that's not the fun one. apparently 18.1 is coming today. 18.2 is where the real meat is. >> waiting for the more fully fleshed out ai version. meantime, the ten-year yield getting near 4.3%. what does it mean for the market? does it mean a soft landing is coming? not coming? could higher yields jeopardize that? what do these mean,mike? >> you have to have some theory of the case why they're moving in this direction. i'll make a couple observations. the last time we were here, was exactly three months ago. that was when i had very high confidence in a soft landing scenario, but it was right

before we were to undergo a nasty growth show. that was deepened by another couple worrying data points. we went into the mode of thinking the fed was too tight, too late and we have to ramp up the potential recession risks. that's all changed. yields have rocketed higher, but it's also rising right in tandem with the economic surprise index, in other words, data coming in better than forecast, that at least provides a cover for why this is happening for a positive reason. also we'll mention, you know, 1995 was one of these first initial fed rate cuts. we saw longer-term yield cuts go up. it's not -- this degree is unusual, if you velocity continues and we get much higher than 4.3, you'll have to address the idea that the market is

bracing for something that will run the economy to run hotter and bring more attention on the deficit stuff, but i don't think you have to make that leap just yet. we have just a weekened the presidential election over that. there remains uncertainty in the market, especially with five of the magnificent 7 set to report their quarterly reports this week. with more, is stephanie link, chief investment strategist at hightower, and a cnbc contributor. stephanie, how do you interpret the rise in the yields on the ten year, and whether that suggests the economy may be too hot for its own good, maybe more inflation is expected, which is not necessarily a bad thing. if you have growth and a little inflation, that's usually pretty good for stocks. >>i pretty good for earnings, exactly right, tyler. we're returning about 3.3% from the atlanta fed tracker for this quarter.

later this week one of a gdp number that will show the preliminary look for the quarter, but we're running around 3.3, maybe it's a little less, maybe more. i think that's good news. the bond yield backing up is telling you we are growing that stronger than expected. maybe inflation stays stickier. maybe it stays at 2 1/2. i don't think we're getting anywhere close back to the 9% level we saw back in the peak of inflation. if you have 3% growth and 3% inflation, that's actually very good for earnings. so far so good. we've had 34% of the company's reporting in the s&p 500, and 75% are beating them. we have 37% of the s&p 500 this week, including as you mentioned, five of the seven mag 7, but we have a lot of other companies that will give us good reads lie d.r. horton, eaton, and exxon, chevron, so we're going to learn real time how the

companies can hasn't the economy growing. >> what is that behind you? do i see a christmas tree? >> it is a christmas tree, just for you, kelly, tyler and mike. >> it's back. i love it. it's a beautiful tree. >> it's not even halloween, steph! you're stressing me on you, but i guess this is what it is. >> you know what it is? it's only a 2 1/2 month time frame. i take it down right after christmas. i like to enjoy it. last year's was red. this year is green. >> should we glean any market signal from that? [ laughter ] i read that october 28th is the single best market day in the last 75 years. >> is that true? >> my guess is because of awful october crises, you get these big rebounds or something. if we're not green today, i don't know what that tells you. >> it's interesting. august and september tend to be

much more volatile than october. it's the second market of october where you game momentum. we've to get through that. we're going to probably have some fits and starts, but i think after that, it sets us up pretty well. 6.4 trillion in cash, a lot of port for i don't manager thattium perform, the most important thing, the most important thing, earnings are coming in better than expected. real growth, a little less inflation. that's a good combination for companies to do mid-single digit revenues, upper, make double digits earnings. i think margins listen the surprise, some might see margin expansion, too. >> what do you read into the link christmas tree indicator the it was red last year. it's in before halloween and it's green. >> i do recall -- i do recall about stephanie she is often early with the tree. i want to see stockings that say

tyler, kelly and mike. [ laughter ] hey, we have gas prices plunging again, wages relative to gas prices are running toward the upper end of their range, so things are i think fine on the consumer side of things. the bigger question is you see the way the market is tapped in the direction of value, outperforming banks, if that's all really responding to the fundamentals, that's a good mako signal. if it's applying the 2016 playbook, i think there's questions whether the current set upis accommodating to that kind of a trade for much further from here. >> dwell for one more second, for those of us panicking about longer-term bond yields, system a sell the resumer, buy the fact? on election day, do you want to

take that moment to buy, because so many heart priced in, nothing that they want to do is going to come to pass? >> buy in terms of bonds, you mean? >> the ten-year. >> if you think the move to 4.3 on a ten year is somehow really policy linked and essentially telling you we're worried about supply again, think i then i do think it's probably overdone. where is the ten-year yield supposed to be? how low is it supposed to be? itcreates 7% 30-year mortgage rates? maybe that's a restraint on growth down the road. if we go much higher from here, i don't know that you worry at this level. it's the velocity, whether it seems disorderly, and more responsive to a buyer's strike that i would worry about. >> steven stanley had a nice note at santander, even though

rates have behaved, we probably can wait until 2027 before we start panicking about interest payments again. so it's coming. >> well, you know, the issue here is either candidate, whoever wins, they're both spender. they just spend different live. so i don't think you're going to see the definite at this time addressed. i think your kids and mine will have to deal with it, unfortunately. i think it's just out there. something that will be cognizant. we don't want to see it where it is. i think it can handle 4%, 5%, but i don't think it gets addressed. in the meantime let's focus on the good fundamentals of the economy, the consumer is do fine. we get a couple jobs numbers, probably nixed at best, but it's still healthy and wages are growing above trend. that's 70% of our economy. that's what we need to pay attention to.

>> buys wells, am zoned added to it. that's a good one ahead of earnings. >> i was buying 3m before two cent. >> we were going to risch you a merry christmas. [ laughter ] >> maybe he gets a stocking, too. . art officials intelligence, first apple is launching the ios update just ahead of earnings on thursday. plus, remember that chase money glitch that went viral last month? now the bank is coming to collect. we have the details ahead on "power lunch."

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apple rolled out some of its intelligence features, you have to have the 15 or 16 to use the new features. one of our new guests says weed have to wait for the super cycle. daniel, i don't think you're usually trying to throw some rain on your parade. give me your full thoughts here as these roll out. >> i'm still optimistic about it, but historically speaking, the cycle having hardware driven, some in feature, new cameras capabilities. this is a soft rare-driven cycle. people aren't seeing the benefits yesterday. they haven't fully felt or expensed what the new features

are, improving imaging will change their lives. so we're hearing some depressed numbers. and i just don't think there's a big cycle coming, but the reality that will come from your friends, seeing in features, and the "oh, my gosh" i have to have that, i have the 14, i need to upgrade. it's rolled out slowly, not been in the device. i think it's slowed people down, but this moment could be a big inflection. >> steve, i have about three seconds remaining. i don't get apple nudged me to update to 18.01 -- >> that was just a basic union dade. why the big round number, and then 18.1 gives me, cameral control? >> that's not even ai. the things you'll get when your phone has been updating. notification summaries, gobs of

notifications a day, it's going to collate that into just a summarized version. >> i'm skeptical i'm going to like that. >> and there's been a lot of examples that are his larry. siri will look different. it will make your screen glow. it will sound a little different, but it's just as dumb as it has been. >> what it looks like is not the problem. >> exactly. the big update, the one that everyone is waiting for, when is siri going to live up to its promise. we won't see that really under next year when the siri upgrade comes when it's more like chatgpt, and integrates with the other apps on your phone, not just the apple apps. >> if another company -- pick the name of the company -- had come out with a heralded hyped-up product at apple 16 with the ai and all that stuff,

and the ai wasn't ready to go into the phone, can you imagine the criticism that those -- that that company would come under at compared with what seems to be a rather gentle, genteel approach to apple, because it's so revered. everybody loves apple. i can't imagine if some other company had come out with a halting roll-out think wouldn't be pilloried. >> this cycle has thought driven people into the stores to buy the next-generation device. >> so actions speaking lower than words you're basically saying. >> the numbers are showing single-digit growth. i think people are moving to them. they're great devices, but people still don't know what they'll do with this. >> the company is still doing

massive buybacks. >> buybacks is part of it. >> again, it's kind of a wait-and-see mode. to daniel's point. he was talking about the super cycle will come, we just don't know when. the more bullish cases is this is a longated cycle. at these kind of milestones happen, we'll see bumps in sales. >> does apple gets a benefit of the doubt where other companies don't? >> it can. historically they have always -- >> a year and a half when chatgpt got ahead of google. >> and it was disaster mode. >> people jumped on poor google -- i shouldn't say poor google. >> yeah, i think they're okay. they also have historically done this. they weren't the first smartphone in the world, and to their credit made the best and the smartest one. did boy, did they really change

the game with the ipod, so on and so forth. >> well, they have a history of taking good to great. >> and that's what they're promising here. greg fed ricki spoke to the journal last week, and basically said we want to take our time and get it right. it may see unimpressive now, but by the time next year, you'll be impressed with what the phone can do. we'll see. >> the ability to record a phone call. >> that's great for every journalist. that's not a huge ai thing that make people jump off the couch to run for the store and say i need this new iphone. we will see if this is the inflection point the bulls believe it is, and maybe next year, the march quarter looks hotter than it normally does. >> if idaho to pick one of the big company reporting this week to buy, which one?

>> i like microsoft here. this agent path that the market is enterprise. our data is showing the enterprise growth that is going to be driven by agents doing work for us, helping us drive more productivity. >> my update isn't done yet. >> we'll post you on -- >> you're not connected to wi-fi. >> i am, but the wheels is just spinning, taking forever. thank you both. daniel newman and steed kovach. after the break, navigating the currency market, wt'has the better a market? , fernando magellan is next. without over or under investing. so you can feel confident in your financial choices voya, well planned, well invested, well protected. wall street forecasts over $100 billion in sales for weight loss drugs known as glp-1.

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welcome back to "power lunch." dow is up 300 points today so a strong session for this monday after the dow and s&p 500 shake off the down week that capped a six-week win streak ahead of that. the nasdaq is up seven weeks now. meanwhile, currency moves, the dollar hose on a tear, climbing against a basket of major

currencies. our next guest thinking there's more gains in the near term, but what about longer term? tom fitzpatrick, managing director of global insights at rj o'brien. what's going on short term with the dollar here? >> his, kelly. thanks for having me again. in the short term we have a different picture when we were speaking in august. we are seeing a very dovish fed, cautious ecb, a hawkish bank of japan. as a consequence, we were seeing a move in the year differential, very much against the dollar. we saw significant weakness, continuing into the end of september. since then the picture has changed quite dramatically. even with the 50 basis points that the fed gave us, they turned much more cautious. they questioned the continuation of an aggressive move.

in fact, continuing to cut, while the bank of japan has become more cautious. the ecb has become increasedly dovish, they're talking about 50 base moves as d. and we see a shark reversal moving dramatically back in favor of the dollar. as a consequence, a 5% drop in the euro, we have seen them come back quite strongly. there's a danger that it will continue further. number one we're possibly breaking above some very good levels. i would suggest we go even higher, and widen those out. of course, number two, we have the election. there's a bit of what people refer to as the trump trade going on. if that is the case, we can also tinnitus a push on linger-end deals. that seems likely to continue to be supportive of the dollar.

>> tom, boil it down to me, with one, two trades you put on right now. >> i think dollar/yen is the obvious one. it's always been the trade that's mo rinse sensitive and the trade that's been yield sensitive. the risk environment going into this election is trading. they're trading up into this election. the geopolitical risks have dropped somewhat. oil prices have dropped in terms of an economic feedback lag, and it's a positive yield environment, a positive risk environment going in here, with the bank of japan and the political structure as well over the weekend, which has terms in the ldp losing its majority. the benefit from the backdrop and potential push higher in u.s. yields is possibly dollar/yen.

there's not an awful lot between here and 157, maybe a move to 162. >> and you see the euro weak innocence as well. possibly we could get to that point. euro parity, that was 15 years ago, so interesting to see the levels come back into play. again, for now, tom. we'll check back in after the election, but you see the run continuing with a strong dollar. thanks for your time. we appreciate it. >> thanks a lot, kelly. tom fits pat aric. coming up. oil prices sinks, iran downplaying israel's attack as the back-and-forths continue. it seems neither side wants this to fully escalade. if that's the case, does it remove a major overhang for the markets? we'll talk about that next. (cheerful music) (phone ringing) [narrator] not all multi-millionaires built their wealth the same way, you have... the fearless investor.

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wells fargo names spotify as a top stock pick. the firm is bullish on the rising margins as well, there's a lot of podcasts there. westerly told last week shah spot is the best streaming name to own next to netflix. >> bogey is offering a stock offering that could raise nearly $19 political ymillion. wedbush expecting continued ad growth over the next three years. worth noting, the company recently faced scrutiny. and volkswagen considering widespread pay cuts and layoffs, as well as closures of the plants in germany. the company said the overhaul is necessary due to current economic conditions. the shares are down nearly 18%. taiwan semiconductor down

3%, suspending shipments as a chip it made was found on a huawei ai processor. in 2020, the u.s. stopped shipments to huawei, which is tsmc chips. that's your power check. and they're going after individuals. c cnbc hugh son is here to give us more. >> jpmorgan chase wants the money behalf after thousands of customers withdrew funds. it alleges they stole cash in the money glitch. the biggest examples of fraud with pop ties to organized crime organizations. among the biggest cases involving the texas man who owed

more than $240,000, and a florida man who owes more than $400,000. this is different from the potential criminal case that they're pursuing. >> tell me what happened here, were people depositing bog news checks, drawing the funds before jpmorgan chase had time to clear the check or find out it was fraught lent? >> that's exactly what happens. normally what happens, you deposit the check and it's tranched, you get a couple backs of access and later -- >> on a big check. if it's a check of $75, they adopt tranche it that way. >> and it's different for every person, but for a glorious few days in august, a person could deposit a check. in one case it was $330,000 check, and the whole thing cleared. >> the whole thing cleared. the perpetrators here then

withdrew money against that cleared check. they weren't going up to the atm where you're limited. >> they were tale it from atms, from bank tellers, doing wires. >> i see. >> for me, this is a bit of a i.q. test. you will be have people using their actual bank accounts, where their social security, i.d.s are all on file, going to atm ross where there's surveillance video, and they're thinking somehow they're going to get away with it. >> it's also interesting, because they say the security team reached out to the fraudsters, but haven't been repaid for the phony checks. wondered if people played ball, that was stupid, here you go, this is the money back. are these instances are people who won't return it. >> they probably adopt have the liquidity to pay back, and, you

know, it remains to be seen if they'll ever getting their money back, and the other parallel track of law enforcement. i would expect some of these case was warrant that. >> and some may be organized criminals, and it's gone. >> it's gone. it's turned into, you know, plastic cards, payment cards that have been laundered and such, but the people who are the face of that will be -- let's get to contessa brewer for an update. tyler, a former louisiana state trooper struck a plea deal after following the arrest of a black man that resulted in his death. he received a six-month suspended sentence. a grand jury originally indicted him or a more serious charge of negligence sdwrent homicide, they prosecutors dropped that charge. they initially blamed the death

on a resultic crash, but an associated preservation found that suppressed body camera video showing the white officers beating, stunning and dragging green. authorities are investigating early morning fires set in ballot boxes in portland, oregon and vancouver, washington. that area is expected to be home of the closest u.s. house races in the country. in oregon, local officials say a fire suppressant protected nearly all of the ballots. only three were damaged. jon stewart's return to "the daily show" desk has reportedly been extended. he will continue to host on mondays through december 2025. tyler, back to you. >> very distressing about the ballot box fires. thank you, contessa. u.s. crude on pace for its worst day in more than two years after israel spared iran's

energy facilities over the weekend. we will explore the fallout for the energy market and much more when we return.

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welcome back and take a look at crude oil. it's now down 6% today, after israel's strikes on iran spared the country's oil facilities. let's bring in pippa stevens on a pretty dramatic move. sometimes we see an immediate sell the news, and then it recovers, but this is opposite. >> down more than 6% on the lows, and so the market is clearly viewing israel's response on iran that did avoid the facilities as a deescalation, and the next question now, of course, is this the end of this chapter in this conflict, or are we going to see another strike now from iran responding to the latest strike from israel. for so long, since october 1st the market had been waiting, now that they have any premium that had been priced in has now been unwound. that's why we're seeing a big drob. but rbc talking about another big wild card, which is, of

course, the u.s. election, and she was basically saying if we get a trump presidency, will that lead to mar a harsher stance, could that potential embolden israel. why there's an immediate response today, there are still unknowns, then of course we have the opec meeting come up on november 1st. pippa, we have to leave it there. thanks very much. well, iran downplaying the israeli air strike that was in retaliation to iran's missile barrage back on october 1. at that time it says the air defenses took out of most of the missiles, and it appears that they're trying to retaliate, save face, without the session ways blowing into a full-blown war. is there an overhang for the markets? let's speak with michael

ohanlon, from the brookings institution. good to have you with us. do you view this as so many in the press are, as a kind of muted response on the part of israel, and an effort based on what we've heard to de-escalate things? >> greetings. i certainly do view it that way. i thought there was a possibility israel would use in possibility to even go after iran's nuclear infrastructure. that would have been a stretch and obviously extraordinarily al. if they said we can't play by the old rules, because we thought this would be restraint from the old actor, and apparently there isn't, i thought there would be a decent chance israel would say let's go to iran's nuclear program. so, i thought at least israel would go after some economic

targets. i'm gratified they have not. >> how instrument, if at all do you believe the biden administration was involved in causing the response to be calibrated as it was. >> absolutely crucial. >> i think israelis preferred a more restained approach themselves, but from all we can gather, there were a lot of consultation about this, and we certainly heard a lot of discussion about attacks on oil infrastructure, so i think the fact that we have, maybe some power of persuasion, but considered security leverage with israel and needed to be involved, perhaps, in at least helping them proceed pare after this attack, i think these were crucial elements, not do what it didn't do. restrain vis-a-vis iran is one thing, but it does not imply

restraint against hezbollah or hamas. do you feel that israel aultimate goal with respect to either of those terrorist organizations is that they surrender? >> that's an excellent question. i think the answer may be slightly different with hezbollah and hamas. hezbollah is seen as a mortgage at enemy. that's why he killed nasrallah, but i think hezbollah is part of the lebanese government, in effect. it has a certain desire itself not to see this things blow up into apocalyptic proportions, not to see another all-out israeli invasion of its country, and reconstructing the new leadership, they will decide to de-escalate the attacks on northern israel, which would allow people to move back, but i think hamas wants it not only to be willing to negotiate a

cease-fire, but essentially broken into bits and pieces and thoroughly emasculated, if not destroyed. i would not be surprised to see that war carry on. >> what do you think is the attainment offings conclusion of the war now that's there's been -- >> i say that from a american perspective. and israeli politics have shifted since last november. i think the united states needs to keep doing, even when it's not working. keep pushing. remind israelis, we see no other path to peace and remind israelis we are prepared to use friendly leverage in this negotiation. not to give them an ultimatum, and i don't see a way to create that new kind of palestinian authority, if you will, but that has to be the solution. the last point i would add,

should the united states be willing to join a multi-lateral security force helping to patrol gaza, we're a long way from that, but it may need to be on the next president's agenda as well. >> i can't imagine that would be popular with the electorate, do you think? >> no, it wouldn't. that's why it can only happen as a largest part of the peace that would require acquiescence on both. i'm not suggesting we fight our way in, but as you're implying, if we were there, it would be dangerous and difficult. this would only by justifiable if it brought you toward a two-state solution. >> so many challenges remain at this point. michael, thanks for your time. we appreciate it. >> my pleasure. mike an ohanlon. the search has begin for our changemakers list, recognizing women transforming business. scan the qr code on your screen, and apply now through november.

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welcome back to "power lunch." stocks are heading higher this afternoon, but bond yields are

rising as well as we're getting close to 4.3% on the 10 year. let's get rick santelli's opinion on that in chicago. you follow these technicals. 4.3%, is that going to be a big deal if we break above it? >> reporter: i think we will break above it. i think it's possible to see 4.5 or possible in front of the election. a lot depends on auctions. yields moved higher. now they are done for the day, it seems. it seems we've reached our crescendo or coming off just a bit. an intraday of twos. those were the results. at 1:00 eastern we had round two, 70 billion five years and right smack dab on the high yield was right at 1:00 eastern. now if we consider the fact that

7 ththat 7.31 is the last time, we're up in twos. if you look at fives on pace to close at the highest yield since the 25th of july. if you look at tens when they were trading at 4.29, which was kind of where it did a lot of trading right as it was about to touch 4.30, that's 64 became sis points above where it was when the fed lowered rates by 50. once again, the fed giveth the market taketh away. the dollar index is on pace for the sixth consecutive close we can see what interest rates are doing. tomorrow's $44 billion seven year at 1:00 eastern. i think you ought to pay attention to that auction. tyler, back to you. >> rick santelli, thank you. the mcdonald's quarter pounder is returning as the investigation into a deadly e. coli obrk uteacontinues. we'll trach mcdonald's shares in "three stock lunch" after this.

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welcome back. time now for "three stock lunch" trading key movers of the day. here with our trades is david trainer, the ceo of new constructs. first up, mcdonald's announcing the quarter pounder returning to restaurants affected by a deadly e. coli outbreak after health officials rule out beef as the cause of the issue, instead honing in on the onions. about 900 restaurants will serve without onions while an investigation continues. the shares are marginally higher, david, on the news. what it do i do with mcdonald's if i own it? and what if i don't own it, should i buy it? >> look, if you're a short-term trader type, i would buy on this weakness. mcdonald's remains one of the best businesses of all time. high returns on capital, great

cash flow, strong growth profile. it's a little too expensive for our focus list. we're value oriented on that front. if you have a short-term horizon, i think you're going to see a nice rise in the shares here as it recovers from the e. coli scare. >> all right. let's talk about delta. that airline is suing crowdstrike, the software giant, for breach of contract and negligence after the worldwide outage in july which brought down millions of computers and led to the cancellation of 7,000 flights and crowdstrike is saying it's delta's fault. the shares are up 3% today, also benefiting from lower oil prices possibly. david, what would you do here? >> kelly, i think the airlines is a commoditized business. we're going into a economy that's getting slower rather than faster. god help us if there's any more war. this doesn't put a lot of upside in cash flow growth. the stock is really pretty expensive where it sits right

now. the valuation is full in expectations for future cash flow. we recommend taking money off the table and putting into more attractive stocks. we have robinhood, the shares are higher after it announced it will offer prediction trades for the j upcoming presidential election. the nyse announced stock trading up to 22 hours a die more in line with brokerages or competitive with brokerages like robinhood which offers more off hours trading of certain securities. what do we think of robinhood? >> this is one of our original -- tyler, one of our original zombie stocks. it remains a zombie stock. which think it has a chance of going to zero. when you're up against the new york stock exchange, schwab, they don't have a real competitive advantage.

i think they are too often focused on preying on unsuspecting investors. i would love to see robinhood give investors real research, real information, to empower them to be smart investors not just traders. and so i think the robinhood story -- i'm sorry, tyler, i think the robinhood story is one that will end up bad for those that own the stock. >> david, do you like the idea of arca going to 22 hours a day of trading in general? >> casinos are open 24 hours a day, so maybe that's where we're headed. i don't think it does anybody any good. i don't know what good trading goes on in off hours. i don't necessarily believe in trading in general. it should be more about investing and understanding people build wealth slowly and trying to do it in the short term is akin to gambling than investing. >> there's something intuitive about why do these things need to be open and closed, right?

there's futures trading happening. there's an artificial construct to worry about when it opens and closes. >> i agree. i don't think it adds much value. it's going to maybe go to 24 hours. but who cares? does it add any intrinsic value? i don't think so. >> we plan on being live 22 hours a day. it will be wonderful. >> we'll be following the game. david, thanks very much. and thank you for watching "power lunch." >> three stock dinner. "closing bell" starts right now. thanks. welcome to "closing bell." i'm scott wapner live at the new york stock exchange. the countdown to big tech earnings, 24 hours before alphabet reports and with the nasdaq riding a seven-week winning streak. we'll ask our experts what's really at stake over the next four days. in the meantime let's show you the scorecard with 60 minutes to go in regulation. we have green across the board today. for the majors led by financials and utilities, it is the dow outperforming, up three-quarters of a percent. even a rise in yields is not