it is down 108 points. way down, microsoft is down four bucks just a moment ago.stern time. brian, you are still a bull, are you not? do you see just continued upside momentum out front of us? >> we are, stuart. good morning. thanks for having us. it is hard to be positive after your prelude, listen, we're still the greatest country in the world. we have the greatest companies in the world. stuart: wait a minute, you take my point. you take my point. >> i do. look, i do. stuart: opinion lar at this moment. checks are going out. spring fever has arrived but i do worry about all the money we're chucking out there. surely that comes home to roost in the market at some point, doesn't it? >> it will at some point once the earnings momentum and growth momentum begins to fade, stuart. given the fact that fed will remain on hold, through all of 2022, think about that, we have nine more months of 2021 and 12 months of 2022. to kind of work through this. but at some point mr. biden will probably have to raise taxes. that will spook a little bit of market. we have to underst

it is down today. look at intraday. down 6%. down 6.24%. crowdstrike, again. it is down 8% today.g down days. talking about target, seeing 2 1/2% off. not in the tech space. they're doing a lot of on-line buying. you were talking about social media. twitter has been darling of recent for the tech stocks. it is down more than 5%. going on 6% today. one year ago that stock was at $54.53. still up from that, but sliding on the downside. february 12th was a record high. looking at number. 311 is the correction territory you were talking about. liz? liz: we're down, 297. i'm feeling it. stay with us. thanks, edward. 2021 has been already such a wild ride. it has been a wild roller coaster ride. today's "countdown" closer says you know as we emerge from the pandemic he has the stocks that will give your portfolio some loop loops. tony is senior wealth advisor at strategic wealth partners joining us now. tony what do you love in this space for reopen >> three reasons why i love the space. money hitting bank accounts from stimulus. everyone is sick and tired of sitting around the house. w

down 2.3% and the low down 360 points you've got names like tesla down 4% amazon is down 2%.% apple down 2%. significant, high profile, large decliners and plenty of red there. not much green on the nasdaq 100, down a little more. 2.5% >>> what happens in vegas now leaving vegas. las vegas sands selling its vegas properties to apollo global and real estate investment trust vici properties for $6.25 billion. this includes the venetian resort and the convention center the las vegas sands says it will continue to invest in sang pore and macau casinos the stock up today. let's bring in the former president and ceo. great for you to be here and i know you helped build out the asia business. do you think this is a good move >> thank you, sara i think it is an excellent move for the company. i think they did a wonderful transaction. most people think of las vegas sands as las vegas and basically 90% of the ebitda or so around that number comes from asia. this transaction will provide significant capital to the company with lots of opportunities in texas and new york and possibly eve

we got down 340, tiny bounce for a moment and down 330 on the dow so over 1% s&p down 0.9%.e than 1% the russell tw2000 and small ca down 7.3% as we stand. >>> it's been a year since the covid's bottom and the nasdaq has nearly doubled here's a look at the biggest 52-week winners. goldman sachs, caterpillar, nike, all up more than 100%, sara >>> 30 minutes left to go. as wilfred said, we are selling off here into the close. crude oil down, as wilfred and cramer were mentioning on twitter. it's all the cyclical reopening plays getting hit hard, perhaps on longer lockdowns out of europe that's really hurting the airlines and travel companies. nasdaq is down a percent there are some pockets of strength in the utilities and consumer staples, real estate, all the defensive groups it's been about a month now since gamestop board member tweeted this infamous picture of the mcdonald's ice cream cone that sent the stock on a tear presumably the stock is up more than 300% since that tweet, 900% on the year we are counting you down to the results. gamestop's first earnings sense this w

rates up, oil down >> oil down 14%, gaz owe lean down 12.d a selloff what we know is from the october low. just think about this, skxle isu 100% versus 20 you have three district draw downs. down 10%, down 13. >> the second chart puts the draw downs in context. we've been in this well-defined channel. the period in which it has doubled. how long does it take to recoup. after drawing down like this, final chart. just to get back to the top. typically, more than a month so if one is bullish, it is time that is the problem. if one is bearish, it doesn't get back to the top. the point is trade from two weeks ago, it is likely to get fallow now and short volatility is the thing to do for energy. >> you've seen the analysis and carter's work. what do you do next? >> just talking about what is going to happen for both the price of oil and energy seeing a sharp rebound and the tale end to the shut down we have experienced. seeing a light at the end of the tunnel one of the reasons you have volatile taking place. we have both supply and demand it is

and it doesn't just drag hr down.d waste. it's ridiculous. so ridiculous. with paycom, employees enter and manage their own data in a single, easy to use software. visit paycom.com, and schedule your demo today. and in an emergency, they need a network that puts them first. that connects them to technology, to each other, and to other agencies. that's why at&t built firstnet with and for first responders the emergency response network authorized by congress. firstnet. because putting them first is our job. >>> even though the market's lost interest in some of our favorite growth stocks doesn't mean that these themes just go away take cybersecurity these stocks can't get any love right now because somehow they're widely regarded as covid plays and wall street's looking past the pandemic. but hackers are still out there and with companies increasingly moving to the cloud their networks are more vulnerable than ever when they make that transition just yesterday we learned that some state-sponsored criminals in china comp

amd down 5.25, micron down a 5%.t's gone absolutely parabolic this week, and it's continuing to do so. it's calledcap art, and you've -- khan art, and we have to show it to you. this is a company that while very few people have heard of it, it's absolutely going nuts. it was trading at $5.90 yesterday around 11 a.m., now today the alone it's jumping 24%. but on the wake, as we said, more than 900% upside. what do they do? tkang is an online listing service that allow artists, art dealers and owners to trade their holdingsings with potential investors. just the latest company making money on the nonfungible token craze seeping the world. -- sweeping the world. here to talk about it in a fox business exclusive is a seasonedded venture capitalist and angel investor, one of the men behind the booming audio app clubhouse which has gotten super hot, superhuman's ceo. and, yes, that's your company, superhuman. great to see you, raul. tell me what you think of what's going on with the tcaps of the world simply because you sl

♪ ♪ let me down! and worst of all, worst of all ♪ if you ride, you get it. geico motorcycle. fifteen minutes could save you fifteen percent or more. >>> precious meltals glittering today. meantime, the dollar pulled back from its highest level in nearly four months. dan, you actually flagged the dollar move. >> yeah. you know, mel, it kind of is related to the story that we just talked about with oil, too. if the dollar really is bottoming, it seemed to be a one-way trade that it seemed universal that people thought was going much lower i expect a dollar to actually get stronger look at what we've seen with rates. if you go back to 2013-2014 when we had that temper tantrum, the dollar started rallying. what happened toe oil? it got cut in half to me, it seems lining a lot of people are on the wrong side of the dollar trade and seems like there is euphoric price action in the energy trade i'd just be careful there. >> guy >> on the 6th avenue in new york city, i think, i haven't been in a while, but th

the dow was down

down even more.onathan: big moves already of the last month. tom: we had a 33,000 front on dow yesterday. you mentioned bank of america as well paid -- as well. jonathan: banks rallying, tech stocks down. lisa: cyclicals keep going hard. i wonder about the morgan stanley call around 1.70, 1.72, they see some appeal in duration again. you wonder when that comes into the market. jonathan: -- tom: do you think they should double up on the austrian? jonathan: i think you should give us your investment advice and we can do something else. instead of me giving you mine. wells fargo investment at a global fixed income strategy -- head of global fixed income strategy. this is bloomberg. ♪ ♪ so many people are overweight now and asking themselves, "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now there's release from golo. it naturally helps reverse insuli

the arc etf down 5%. gamestop down 34%.e santoli, cnbc senior markets commentator. take a look at how we finished up the day on wall street. dow couldn't hang onto the gains. it was higher all day long then slid with the overall rest of the indexes into the close. we closed down two points which i guess doesn't make it bang on flat what hurt the dow? well we saw technology as the biggest loseran the day. crm, salesforce, disney, nike, apple, the biggest drags caterpillar, hoehnwell and chevron held up well, a few other dow components as well s&p 500 down a little more than half a percent i won't down more because energy popped 2.5 rz energy materials fnlts and utilities all closed up a hoft the technology and consumer sectors were lower. the nasdaq down 2% at the close, and the russell 2000 index of small caps keeps getting hammered here, down 2.35% into the close today. another day where growth momentum, technology underperformed some of the more cyclical groups. investors are awaiting earnings from rh and kb homes we will

down 10%., of course, you have to keep an eye on companies like microsoft and amazon, tesla, all those mega-cap-type stories. so tyler, a lot of the action right now, facebook, amazon, microsoft, apple, all of them contributing to the big-tech weakness we're seeing. >> i may have to get back on my peloton and pedal faster >>> but delivering that production into the arms of people, meg tirrell, that still seems to me to be the bottleneck here talk us through it >> absolutely, tyler we have seen a number of shots being administered daily here climb now almost 2 million a day on average we heard from president biden yesterday, they are setting a new goalpost of having enough supply for every adult in the united states by the end of may. that as moved up from what he was say by the end of july crunching the numbers, it looks like we're about on pace with j&j, but including the partnership with merck and using the production act, they say the 100 million doses from j&j will be moved up by may than t

the spac-down. the s.e.c. reportedly opening an inquiry into wall street's blank check craze. we'll give you the latest. there viacom cbs shares had a bad day yesterday, didn't they it looks like they may continue that slide we'll talk a little around that. and of course, disinformation nation the ceos of facebook, alphabet, twitter, all of them will be testifying in front of congress, and that begins at noon eastern. but jim, let's start off with the broader market at this point. and making calls this morning, in particular, i think this happens often times, there seems to be a lot more painthan you would know from just looking sort of at the top of the water, so to speak, a lot of turbulence below. and i'm just hearing it from, you know, from any number of asset allocators, and investors, this morning, i'm curious as to what your thoughts are, and it's obviously not just the institutions, it's also this retail cohort, that seems to be getting hurt now, perhaps, whether it's spacs, whether it's a l

and i went down through by train down through pusan. and went into cesible again. and we had a shower. we didn't get many showers over there. i think i had three showers the whole time i was over there. i changed clothes four times in nine months. it was really something. i -- i -- when we got to japan, they treated us real well. they said, what do you want? what kind of steak do you want? we had c rations most of the time, you know. once in a while they'd try to get a hot meal up to us if things were quiet and we went down like maybe a platoon at a time down below the mountain we were on, and the mess, which is the kitchen, would serve us what they had. that was quite a treat for us. so after -- i had about nine months of it over there. and my discharge was coming up. so i -- i got back to -- came back from -- no, i went to yokohama again. we were on "u.s. migs" and it took us 15 days, i think, to get back. and i landed in frisco and there was a band there. the salvation army or something, some kind of band there. there was -- i remember my -- my aunt and uncle se

then taps at least at the lock down if a 3rd locked down as i put in place then i would definitely have to shut down for good because i took out 2 loans which i will have to pay back. i wouldn't know how to go on. and if. many businesses in germany fear for their existence some have already given up. meanwhile covered cases in germany i increasingly rapidly since restrictions were eased and schools and some shops were opened more people on the move exposing themselves to the risk of infection even the start of vaccinations and germany won't be enough to counter this research as warm often gets heated even if we have already vaccinated many of the elderly there's still a large proportion of people who haven't been given that we still haven't vaccinated enough that is why the number of patients in intensive care units vies again. germans are thrown at the prospect of a possible knock down. with guys that i'm not thrilled with because it's been going on for a year now and that some point you're really done with it. i'd rather open and just live it's boring. many covered cases now and we ha

down as well this week. that tells perhaps of a more broadening shakeout of stocks, pete. >> yeah, i think to some degree, scott. i mean we have watched this transition each and every day, not just every week, but how about the fact each and every day we see, well, today it is energy, industrials, financials, materials, right they're leading the upside then they seem to be pulling us to the down side, and it has been the back and forth we are seeing some names it definitely stuck more than others there are some areas of the market though, scott, that have stood out, that they've actually traded much better maybe than previously at least looked upon that they would. they really are starting to perform really nicely. i think there's some names, for instance, in the retail space that are trading really nicely maybe they've been lagging maybe some of the names hadn't really participated to the same degree, and i think that's what we are seeing. it is, again, a healthy thing i think but a bit of a rotation we are

the s&p also down. the losses come after the federal reserve chair said any pickup in inflation in the coming months will likely be temporary. first time on a planet claims went up slightly nationwide, but sell here in california. across the country there were 745,000 claims, fewer than expected. the winter storms partially to blame for that. here at home, there were about 80,000 claims giving us a second straight week under 100,000. >> that is well below what we were seeing in the last part of 2020, and the first month of this year. but it still is double. the number of new claims we saw from a year ago. so we are still well, well above the pre-pandemic number of the claims. >> the number of ongoing on the planet claims in california remains high, suggesting no significant uptick in hiring as of yet. >>> a skier rescued from an avalanche in tahoe. he is speaking out about his plunge off of the cliff and the excruciating five minutes he spent under the snow. >> reporter: there was debris, rocks, and i p

look at tesla, down 5%. baidu, down 4%. united airlines down 3.5%.ere's this, president biden is sending senior officials to the border. this comes as we see a surge of unaccompanied minors arriving there. tom homan joins us now. tom, they won't call it a crisis, so why are they sending a team down there? >> well, look, they're not calling it a crisis, they're not being truthful to the american people. it is a crisis, and the secretary who was the deputy secretary in fy-15 when we had a crisis, 1,000 a day was called a crisis. the other day they arrested 4700 in one day, four times the crisis. it's a crisis, they're not being truthful to the american people. they should if they were telling the truth, they would say we purposefully took away the trump policies piece by piece, so now we have an unprecedented surge which is bringing more people illegally into the country. that would be a truthful statement. stuart: you know, tom, what drives me crazy here are those youngsters. can you imagine there are 14 and 15-year-old girls unaccompanied, arriving a

fell down 3% now down 5% over the past week. for the year it is the outperformer of these indices. >> you asked me last week about seemingly what is going on with covid and happening in europe. some of the states here in the united states and then you heard some of the comments out of the cdc today. maybe it is all playing into the russell specifically and the broader markets is not paying attention but the iwm has not traded well since i want to say last two and a half weeks or so. it has been a straight line lower albeit for a bounce. i think it is telling the story that the reopen trade is not as robust as the iwm was saying a month ago. an and i throw this one as well, the russell loved rising yields but we're at a poichbts now where it doesn't so i think those two things are playing in right now. >> dan, your take? >> i do think it is interesting that the nasdaq is also in a very clear down trend. and so the russell, because of that outperformance that you just mentioned is going to be a bit more volatile here it hasn't bro

free down, free down. hit free here, free where there. down a free free down a free free here. not a better and free. make it at free. hit free here, where a free there. no no no, free, free. make it at free. free! that's right, turbotax free edition is free. free, free free free. >>> as i told you, after taking a breather for a couple days, the great reopening trade is back even though the average closed ugly at the end and if you want the poster child, look at new corp. it keeps roaring tacked on another 3% gain despite the collapse at the end of the session when they gave the interim quarterly guidance which is how they tell you how they're doing, they earn $3 to $3.10 per share. that's much higher than wall street looked for. if they can deliver, this will be the best quarterly earnings number in history and with the stock trading at barely more than eight times earnings, this could have a lot more room to run. let take a closer look with leon, the president and ceo of new core to get a better sense where his business is headed welcome back to "mad money." >> thank you for

wti down 3%.isa: after yesterday's pop with the suez canal being blocked, people are going back to the narrative of slowing because of covid numbers and recovered. jonathan: a lot of people were looking to energy as a barometer , an indicator of the global growth story, the cyclical improvement. it has faded more recently. lisa: it has. at the same time, there is a sense -- with respect to crude, the idea that will are less mobile than they had been earlier in the year. as the virus numbers plateau or go higher, people are not going around much and spending money on services. how long this lasts is a big russian. -- is a big question. how much is boiled a real barometer and how much is it an unequal corollary? jonathan: your price action in the equity market down 17 on the s&p, up on the nasdaq. softer on the euro, euro-dollar-1.18. all the way up from 175 down to a clean break of 160 on the u.s. 10 year. crude, down about 2.86%. a real turnaround in the bond market. we can't up recently with -- w

cases are going down, down, down for the vaccinations are goingmo up, up, up. that is the way we want to. these states are doing the right thing and they're providing examples i hope the rest of the country files are example for tonight maria: good morning, everyone. happy thursday, i'm maria bartiromo. it is thursday, march 4th. changing the way we vote forever, the house passing hr-1 last night. what you need to know about this bill, coming up. plus, president biden draws a red line with the red states over the decision to lift mask mandates. markets this morning continue a selloff in stocks, take a look, investors are waiting to hear from federal reserve chairman jay powell who speaks later today. the dow industrial's down 113 points, nasdaq down 94, s&p 500 weaker by 20 points. markets waiting to hear any views from the central bank on inflation and this move up in interest rates recently. stocks pulled back yesterday with big tech tumbling. yesterday markets were down across the board, dow was down 121. the nasdaq made headlines with another decline of alm

and i'm sorry, down into hadong. and the road wound through -- down to the right. then went across the rice patty and then along the foot of a hill that we'll call the north mountain or north hill which the north koreans were entrenched on and ready for us. up a road further about another 300 or 500 yards up through a pass that led to chinju. when i came around the hill, i saw three burning vehicles. one at the pass and two more about 300 or 500 yards down the road toward our direction burning. and i also saw another one burning that i got distracted from for a moment, but it turned out to be an orange-colored jeep that was our air to ground jeep that was burning on the corner of the road. and not far from where general chaise monument is. then as we were continuing down the hill, we received mortar fire on the hill that we had just come -- from the back of us we see dr we reached a couple salvos, five rounds each of mortar rounds. they landed above us but wounded two squad members in my unit. and they were pretty badly wounded and screaming. so i laid my rifle dow

the nikkei, down 1.4%. coming after the boj saying -- china csa, down 2.6%.at due to relations and the trade meeting in alaska. nasdaq futures turning positive this morning. it is about the vaccine, geopolitics, and central banks. this is bloomberg. ♪ ♪ anna: good morning. welcome to bloomberg markets, the european open. i'm anna edwards. mark cudmore joins me. the cash trade is less than an hour away. here are your top headlines. risk takes a hit after a fight in treasury yields. the boj changes tack

their oak was standing for about 460 years before it fell down. and then this is a piece of cedar, it was chosen because there it has that spiral texture and it shows tech strength strength. and it's also a reference to her time in the timber fields with her father. as i mentioned outside, the first building of the visitor center is lined in cedar as well and you'll notice that she is facing north of looking towards freedom and her head is lifted slightly, but it is also very approachable. so we begin our tour right now, as you can see, we're starting in the south and we're heading towards the north. just like harriet tubman did on her journeys on the underground railway. you will notice that the ceiling and the floor, the siding also makes you look from south to north. it is very symbolic here. this would ace reclaimed burn wood from the eastern shore of maryland, again her reference to her time in the timber fields. this first section of the tour highlights the juxtaposition of tubman's life. the images here that you see show the beauty of the r

the triple q tech is down 8% in a month. 35 stocks in the nasdaq and 100 are down more than that.the flipside, oil and gas and it was hated and sold all year, and many stocks and companies literally left for dead as everyone pile into the esg investing, but what a turn it has been. oil and gas, the hottest trade of 2021 and get this random, but interesting stat from the folks at the spoken investment group, energy is outpacing technology by 40%, and that is the widest margin in 20 year. let's bring in the man who figured it out and brought us the stat, paul hickey of the spoke investment group, and i don't know, paul, if the wisest oil sage out there, and anybody who i talked to could have figured out that oil and gas and energy stocks could have been this hot this year. what a turn. >> yes, brian, what a year so far and what a six months. we have seen the widest outperformance like you said going back almost 20 years, and what is really interesting is that it is a complete opposite of where we were just several months ago where tech was outperforming energy by over a six-month pe

let me “break it down” for you... arrgggh! you're going down! down to the recycling center!, thanks martins! yeah, you're welcome. geico. switch today and see all the ways you could save. he >>> welcome back to "fast money. check out starbucks topping the tape hitting a all-time high the recovery is gaining steam and symptoms -- stimulus checks could provide a additional boost. bonawyn, what's the trade here >> it's a great company that's been able to pivot throughout the pandemic and figure things out. but i'm not buying it. 39 price earnings through 21 is bit rich it normalizes around '22 and '23. there will be massive revenue and spin pulled in the shorter i don't want to look at 22 or 23 when looking at reopening trade. i'm going to pause here. >> coming up, one of our traders is calling this the worst looking chart in the market, the name you should watch if you own it and don't get chipped. still time to vote in the twitter follow are you buying amd, let us know cmbc"fast money. results straight ahead this is us talking tax-smart investing, managing risk, and all the w

down 18, cac down 25, dax index down 16.kong. the u.s. supreme court to consider reinstating the death penalty for the boston marathon bomber. cheryl casone with those details now. cheryl. cheryl: that is right, maria, the high court says it will review appeals court ruling from july death sentence say could not stand because the trial judge didn't properly screen the jury. convicted back in 2015 in attack that killed 3 during running of boston marathon, injured 260 others. the justices are going to hear the case this fall. well, some major deal news to tell you about, microsoft reportedly in talks to buy video game chat app for more than $10 billion, discord, gamers use to communicate talking with several companies about a deal. that's according to bloomberg this morning but the company may go public before it sells itself. last year microsoft was looking to buy tiktok, let's remind, everybody. let's look at the market it's fractionally higher. covid testing at your doorstep, door dash is adding covid test delivery known fo

10% microsoft down 6%.three stocks make up nearly a third of the nasdaq 100. so keep an eye on those big mega tech names back to you. >> coming up when we return a man who knows his way around the boardroom and markets tom farley joins us look at him there. he'll join us in just a minute we'll talk about the internet market and what it means at the top of the other exxonmobil chairman darren woods is our special guest we'll be hearing about the company's plan to grow shareholder value and then the governor of texas as well. big hour and a half ahead as "squawk" returns in a moment om s so abe and art can grow more plants. so they can hire vilma... and wendy... and me. so, more people can go to work. so, more days can start with kisses. when you buy this plant at walmart. ♪♪ when you buy this plant at walmart. these days, we want sophisticated but simple. cutting edge made user friendly. in other words, we want a hybrid. and so do retailers. which is why they're going hybrid, with ibm. a hybrid cloud approac

of course, last year energy was down down down dom chu, thank you. >>> today is international women'sday meant to celebrations the contributions that women have made this year it comes at a particularly challenging time. according to a national women's law center analysis 275,000 women dropped out of the workforce just in january. that with us their labor parts rate at just 57% now, a 33-year low. talking about a new in addition to support women-led businesses is sallie krawcheck, and jen hyman, ceo and cofounder of rent the runway welcome, ladies. sallie, why do you think the recession last year and the job losses we have, why have they fallen so disproportionately on women? >> disproportionately on women and women-led run and women-run businesses they have lost jobs because they're more in the service industry they have disproportionately risked their lives ball they're frontline workers. women who is privileged enough to work from home have lost product looking after the kids, while men havegained productivity and women-led businesses have been disproportionately hurt giving, they'

dow industrials down 139, nasdaq down 17, s&p 500 lower by 15. 500 to record highs, ending a volatile week. european markets are little changed, fractional moves here with the ft 100 as you see down a fraction, 2 points. the cac is up 27, dax is higher by 65. asia overnight mostly green across the board. japan up three quarters of 1%. "mornings with maria" is live right now. now some of the top stories we're watching this morning. the surge of migrant children at the southern border projected to last at least seven months. we are expecting this to continue throughout the summertime, customs and border protection predicting number of migrant children crossing monthly could reach 26,000 by september. the biden administration is calling on government volunteers to help border agents deal with the ongoing crisis. yesterday on sunday morning futures, texas senator ted cruz joined me and revealed what he saw during his visit to the border. >> we spent a day and-a-half down at the border and i'll tell you, it is bad. i have been to the border many, many

let me “break it down” for you... arrgggh! you're going down! down to the recycling center!could save. want to save hundreds on your wireless bill? >>hey, thanks martins! with xfinity mobile, you can. how about saving hundreds on the new samsung galaxy s21 ultra 5g? you can do that too. all on the most reliable network? sure thing! and with fast, nationwide 5g included - at no extra cost? we've got you covered. so join the carrier rated #1 in customer satisfaction... ...and learn how much you can save at xfinitymobile.com/mysavings. maria: welcome we'll taking fatigue out of friday citibank ceo implementing zoom free fridays part of effort to encourage healthier work life balance designated may 28 as company-wide holiday called citi reset day after, jr., analysts at goldman sachs complained about working 100 hours a week hard to figure out when on your own time and at work when you are o the at home. >> well that is exactly the issue. is that constant zoom meeting make it feel more like living at work, so this is you know, a productivity certainly may be well-intentioned but

apple down 1.5%. materials, energy higher another stock ripping higher rocket companies, the reddit game stock crowd blowing that out away and target that a holiday stimulus boost and the stock is down 2%. 59 minutes left to go. >> you mentioned apple down 1.4% tesla is down 3.3% slipping in the last hour or so. coming up on today's show. investors sour on lemonade we will speak with the head of the insurance start-up, down big on earnings but up 300% from its ipo. plus, goldman's jeff curry shares his outlook on everything from crude to copper and tells us which commodity they thinks will outperform over the next 12 months coming up. let's first get to the big stories we are watching. mike santoli tracking all of the market action. steve liesman looking a the vaccine rollout and the effect it might have on the economy mike santoli let's start with you. lower on the s&p. >> mixed inside the market very rotational, again, this is not really because of treasury yields moving very much. it just is more h

they're down as much as the stock is really.you're insulated if you chose to sell those calls against it i like lulu here, and i think it goes a lot higher. it is not going away except at wells fargo, as you said earlier. >> yes steph, you want to rain on these three guys' parade it is not cheap. >> no, it never has been though, but it has the best growth out of all of them but i was just noticing all of the athleisure names are down year-to-date, all of them -- including, and i own vf corp., but "newsweek"ie, aduty au, puma, lulu it is almost like athleisure is a tired theme in a way maybe it pauses but it is not going away i 100% agree with jim on investing to grow. you want to hear companies do that you want to see them doing that. you want to see them making mna, and i think they're doing the right things i just have a hard time with this valuation i always have. but you know i sold nike at the beginning of the year and it is down 5%. i will keep an eye on that one. >> that was a brilliant sale. >> now i'm thinking back to w

river and down to san diego, as well.e construction commenced, the arizona governor, his name was benjamin moore -- it is not like the paint. he sent six militia out here from the arizona state infantry divisions that he wanted to find out what was going on. they sent them out here to inspect the progress. once they saw that california was actually starting to build on the arizona side, that sounded alarms to the governor, and so he sent out 100 militia to say, you are not going to do this. that was rectified fairly quickly. this all happened in a span of about nine or 10 months in 1935. the result was, there was an act passed by congress called the rivers and harbors act that authorized construction of parker dam behind me here. so after that, everything was smooth and went according to plan. so, the first cement that got put into place was sometime in 1937. and in 1938 the last bucket of cement was put in and they completed it and started filling lake have a suit. so in fact, in light -- in 1938, this lake formed. the p

it's calm down for the tri valley you had heavy rain moments ago and down into the south bay. we are looking at calm conditions now after heavy rain about an hour ago, so it's often on across the bay area that's the way it's going to stay today. so even if it's not raining where you're at you want to be prepared for the rain a few moments from now a few hours from now. we are going to be looking at 40's and 50's throughout the course of the morning for temperatures daytime highs today will be back into the 50's a lot like yesterday so dress for some cool and wet conditions. reyna john thank you so we've already had multiple accidents. we have a hot spot right here on in tracy. >>2 o 5 westbound and mountain house parkway an accident there you can see it's impacting things along the altamont pass that's already pretty delayed. we also have a high wind advisory for you along the bay bridge. so you not only have a wet bridge to drive across high winds take your time 8 says to the fremont street exit but you definitely want to give yourself a lot more time this morning. the san ma

i'm gonna keep my head down. the kind of in that kind of adds to the idea that there's a lot of under reporting that the actual. >> a letter hate crimes is way higher than what the numbers even show. >> there is in effect until 2013 you didn't really have good disaggregated data on who in asian-american may be the recipient of a hate crime. so yes, we need to do more reporting. i think one of the good things that that was coming out of it is how the community is reaching stations like this others are going at their urging people to report these crimes going forward. it's going to take, for example, the d and others to really looking this. the agent asian american discrimination is is a little more subtle in many ways. it's it's beneath the surface. but it's always been simmering has always been there. why did this person choose to shoot out. and shoot asian america asian-american you. it's more than just i haven't had a bad day and get addiction. part of the problem with any marginalized community. any oppress co

futures holding up a bit better still down but only down about 30 points.eep in mind that even with the late day rally on friday, the nasdaq and nasdaq 100 both had a very difficult week last week. 11 nasdaq 100 stocks falling more than 10%, led by names you know, like zoom, which dropped 18%, as we all think about getting re -- quote, reopen once again. it wasn't just the move in yields you've got oil moving higher as well, and mideast tensions ramping up a drone and missile strike hitting saudi arabia's biggest port city and we got some missile fragments falling here some actual residential compounds near saudi aram co-where yemeni rebels take responsibility, adding to middle east tensions and tighter oil sploi. price of oil not up higher but it's up 35% just this year in the bond market, that may be the thing to watch right now the sudden move in yields we saw last week making stock investors a little nervous, hitting a large part of the market you want to watch bonds. yields are not moving right now but it's a full 11 days before fed chair jay powell sp

let me “break it down” for you... arrgggh! you're going down! down to the recycling center!anks martins! yeah, you're welcome. >>> one lucky dog, there's that lucky dog. san francisco firefighters were able to rescue this black lab from a cliff at ft. funston. the dog was off leash, went pretty far down the cliff. firefighters say it is a reminder for all walkersshes. the dog is just fine. >>> finally tonight, a bird's eye view of san francisco's newest street mural. it depicts nearby buildings and structures painted in geometric patterns near the patient. amos goldbaum is the artist that painted the mural, lives in the neighbor slow street so traffic is restricted, it is more for bikers and walkers. it took two-and-a-half weeks for him to paint the mural and it took six gallons of paint. nice job. >>> thanks for joining us. "saturday night live" is coming up next. have a great night. >> and now, vice president mike pence receives the covid-19 vaccine on live tv.

on looking for red, down 1.3%, down 177 points.d to 1347 i never thought i would say that, back to 133. big tech is down across the board and have opened sharply lower. i went to show you amc because 98% of all theaters in the country will be open by tomorrow very very limited capacity, but they are opening and that's good from a 5% game-- game. gamestop is at $213 per share, up 2% the reason we are showing your tesla, they are facing federal investigation over michigan state police vehicle crash. with this about? susan: tesla model wide crossover was operating on autopilot and crashed into that stationary police car on a highway in michigan. this is the second collision in a week in michigan involving a tesla. thankfully, no injuries. the 22-year old driver did get a ticket for driving on a suspended license. this adds to the more than one dozen crashes and they are currently looking into the tesla cars at autopilot system. autopilot comes as standard with all tesla's, full self driving where the car literally drives itself and it

. >>> plus not stepping down but speaking up tonight, embattled san francisco school board member. her message to those wanting her to resign following controversial tweets. also -- >> restaurants setting up more tables but should you take a seat? we talk to doctors. >>> fighting violence with action, volunteer severities to patrol chinatown is gaining momentum, not only are volunteers showing up but learning to confront trouble in new way. jean elle has more on who is hitting the streets and what they're looking for. >> reporter: volunteers showing up to be part of the chinatown safety patrol, hoping to restore a sense of safety to the neighborhood. volunteers learning what to do if they encounter trouble. >> what is going on over there, is everything okay? >> >> reporter: intervening from a distance, just one tool he's teaching to volunteers as people reach out and show up to walk the streets. >> really happy so many people care. >> reporter: saw this video of elder assaulted and killed, had to react. >> looks like someone you know, could be grandpa, uncle, friend's dad, it reall

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because that's power down time. and back to the storm watch at this hour, rain in the foothills beginning to shift over to snow in the sierra. reporter renee santos spoke with people headed up to the high country. >>> yeah, the snow continues to fall here in kingville. just look at how much has all ready fallen in this area. that snow storm not stopping people from heading up to the sierra. but down in the valley, the rain is what caught some people off guard. pop up showers dumping rain over the yolo cause way. some people unprepared for the change at our cameras spotting this man running to his car after getting caught in the rain. >> it's okay. >> and this delivery driver near the end of his shift. >> that's terrible. last stop. >> keeping products dry before the rain picks up again. >> extra try in the cooler. >> the snow causing crashes and traffic back-ups early. a semi-truck spinning out. coming to a rest in the wrong direction on i-80 near niyak and the roads are expected to get word. the national weather se

♪ ♪ let me down!ound... ♪ ♪ and worst of all, worst of all ♪ if you ride, you get it. geico motorcycle. fifteen minutes could save you fifteen percent or more. . >>> well can um back. it's 5:44 on this wednesday morning it. will be a pleasant day with a mix of sun and cloud. cool by the water but mild inland. 59 in san francisco this afternoon. 63 in oakland. 68 for a high in san jose. concord and livermore you will see a high of 67 later on it today as well as for napa and this afternoon in santa rosa, 68. >>> some la county residents say a junkyard has taken over their neighbor's yard. >> they say not even the city has gotten the own tore clean up the mess. they say it looks like your typical well maintained street until you get to the house in question. trash and belongings pilecaee thhabecomplatse property and three are still pending. >> it's a situation with an individual who has people coming in at all hours of the day and night getting rid of truck loads of junk. >> just last week the la city f

him down. >> i'm going to pause there. first you saw one officer interacting on the driver side of the car with mr. floyd. >> yes. >> when you said there was another officer on the passenger side of that blue mercedes truck. >> yes, ma'am. >> then eventually the officer on the passenger side came over to assist on the driver side. >> yes, ma'am. >> he said the officers got mr. floyd handcuffed, did you see that? >> no, i didn't. >> what did you see while you are standing on the cup food side of the street right next to that? >> after that, i'm looking away and i turned back i saw mr. floyd handcuffed then they started to walk him down the sidewalk. >> but you didn't see the very moment he was handcuffed but you saw he ended up in handcuffs. >> yes, ma'am. >> where you looking around you but not focused the entire time on what the exact moment was. >> no. >> he said he was handcuffed and then they walked across the street, can you describe or show on the map what you saw happen? >> if you could

let me “break it down” for you... arrgggh! you're going down! down to the recycling center!ey, thanks martins! yeah, you're welcome. geico. switch today and see all the ways you could save. >>> tackling issues of race and social justice. fairfax town council says they're renaming sir francis blake boulevard. abc7 news report ers wayne freedman found the decision is not without controversy. >> reporter: fairfax, california, roughly 90% white and as of this week, 100% polarized. >> give me a good reason why. >> inclusivity. >> reporter: all over a name. >> starting route to fairfax, head northwest on sir francis blake boulevard. >> reporter: the town council voted for a name change this week. drake the first white man to land on this nearby shore carries less weight than being a slave trader and impact on the local tribe. last year a nearby high school removed his name and prosters forced removal of his controversial statue. >> no matter what changes you make, can't change one minute of history. if we hide it, we'll forget it. >> reporter: 7,500 people live here and five counc

even if the fences were down.en the fact that you now know geolocation data is used and that you could very well be surveilled and called a domestic terrorist later. >> it wouldn't the first time we were surveilled. they really did go get the phone records and they misrepresented that in the impeachment hoax. you are right. one of the basic rights we have in the country is freedom to assemble. so you have to remember that the talk is frightening the american people at this point to get out and be part of the government. because thaw don't know if their government will be spying on them. including the members of congress. the fences and the razor wire around the capitol now is a hollywood production. if we shut this down every time someone says something bad about the capitol it wouldn't open again. most americans may think that is a good idea. >> laura: if nancy pelosi as her way and she will remain in power i don't think washington will ever open. it will never be the same. they don't want the people to have acce

the dow down about 24 points.reaks down the numbmbers after r the . >>> welcome back. another major tax hike could becoming from the white house. diane king hall live with that story. first, run it down for us. how are the stock markets looking? >> good morning. you have a mixed market in the early action today after hitting some records yesterday. trading underway for less than 15 minutes. the dow is under some pressure this morning. again hit a record yesterday. down 44%, 46 points. looks like little bit of profit taking. in the tech sector are you seen seeing gains there. the nasdaq on the plus side. it's the leader right now. in the first major tax hike in nearly three decades could be looming a. the biden administration is planning the first major federal tax increase since 1993. the white house is expected to propose a number of changes including raising the corporate tax rate and increasing income tax rates on those earning more than $400,000 a year. >> diane king hall. thank you for that. >>> 6:44. time fo

and now, on the show, yesterday, he says we may be headed back down below 1%, and further down the road and this is what he said yesterday when i asked him directly with the recent pop if he believes that the 10-year yields will reverse and go back below 1%. >> i believe so. our work shows that as long as this trend is staying in place, and which has not been violated yet in 35 years, and you know, the models tell us that we are going to have a 10-year yield that is negative. >> for now, let's bring in bob yikele, and kelly head of strategy for ibc markets, and bob, that is a contrarian call by scott, and you agree or disagree >> no, i don't agree with it, not when you have monetary fiscal and health care responses firing on all cylinders and creating an acceleration in the economy. we are looking actually for a very different round trip. we came into 2020 with the 2% 10-year treasury yield and we think that we will exit 2021 with the 10-year treasury yield which is going to better reflect all of the policy responses that we have seen. >> well, bob, i guess that scott's point, and i don

even down to freezing.undle up if you are going out the door. >>> good morning the warriors played their best against the best team in the nba on sunday. utah jazz. could they go back to back? champion lakers? the dein last night -- james, the rookie to the league. knocked in clear. first quarter, lakers up by three. ditches to james weissman for the lay up. seth becomes the franchise's all time leader in the set. next quarter. hill throws down the two hit jam pushing la's lead to ten. scored 27 off te the half, fouled by curry. still knocked down the three. lakeerns 65-50 at the break. now a 22 point game in the 4th. james hit, he had 22 point triple double. la shot 63% for the game and cruised 128-127. golden state 1-5. >>> college basketball. stanford women the number one overall seed in the ncaa tournament. they will face utah valley in the first round on sunday. all games will be played in san antonio. >>> to the ice vegas playing in front of about 2500 fans, little over eight minutes in golden knights