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May 26, 2020
05/20
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. >> the nyse reopens for business today with floor traders returning to their posts we're not joining them just yet, but we're hoping to safely be back at post nine in the near future good tuesday morning welcome to "squawk on the street." i'm carl quintanilla with jim cramer and david faber coming to you live from separate locations. futures up 580 as the bulls have multiple tailwinds vaccine news, accelerated lifting of restrictions in europe oil cracks 34.50 second week in a row that it's starting out just in the right way. >> yeah. i think there's people who just feel that this great shutdown is over obviously it's worldwide the spending will begin again. i keep hearing that there's a surprising number of survivors that it's not as bad as we thought. with the exception of some mortgages and some credit card, the forbearance won't really reverberate through the system reverberates to the banks. i know there's people who want to try to get the banks going. i say stick with what's working. i know it's boring i know people want to rotate it's something that portfolio managers love to
. >> the nyse reopens for business today with floor traders returning to their posts we're not joining them just yet, but we're hoping to safely be back at post nine in the near future good tuesday morning welcome to "squawk on the street." i'm carl quintanilla with jim cramer and david faber coming to you live from separate locations. futures up 580 as the bulls have multiple tailwinds vaccine news, accelerated lifting of restrictions in europe oil cracks 34.50 second week in a...
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May 26, 2020
05/20
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how are traders behaving and back on the floor of the nyse? must be a great feeling. >> it is great to be back. the excitement is certainly here. a new world that we are living in, new prophesies, getting in the building, temperature checks, hand sanitizers, plexiglass partitions, six feet apart, but we are making the best of what we have right now. customers have been waiting for this date to get back in, to be able to send flow back here. this is our new world, our new environment. we will continue to grow from here. liz: yeah. you know what, i think so. the one thing i would say is that our good friend peter tuckman, one of the traders, he tested positive for coronavirus so he is not back today. we just wanted to give our best wishes to peter. he's a good friend of both "the claman countdown" and the entire network. tell me what you're seeing with the markets right now. we are up 646 points for the dow. where do you see us going and part of this, i would say, are the airlines looking very very healthy at the moment. at least the stocks are.
how are traders behaving and back on the floor of the nyse? must be a great feeling. >> it is great to be back. the excitement is certainly here. a new world that we are living in, new prophesies, getting in the building, temperature checks, hand sanitizers, plexiglass partitions, six feet apart, but we are making the best of what we have right now. customers have been waiting for this date to get back in, to be able to send flow back here. this is our new world, our new environment. we...
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May 26, 2020
05/20
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so i think the nyse will be very careful to see how this goes, how the reopening goes. they'll be ready for a crackdown again if there is any risk. back in a few hours. >> anna stewart joining us live from london. many thanks. >>> now to a developing story we're following. a multi-state manhunt is underway to find a university of connecticut student suspected of killing two people and abducting another. authorities say peter manfredonia may have killed the victims in connecticut on friday. he's also accused of abducting someone from the scene at the second homicide who was later found unharmed in new jersey. the family has made a public plea for him to turn himself in to police. >>> u.s. president trump made an empty promise in martha any american could get tested for the coronavirus. we will show you where they're really doing it. you're watching "cnn newsroom." i got an oriole here. eh. common bird. ooh look! over here! something much better. there it is. peacock, included with xfinity x1. remarkable. fascinating. -very. it streams tons of your favorite shows and movi
so i think the nyse will be very careful to see how this goes, how the reopening goes. they'll be ready for a crackdown again if there is any risk. back in a few hours. >> anna stewart joining us live from london. many thanks. >>> now to a developing story we're following. a multi-state manhunt is underway to find a university of connecticut student suspected of killing two people and abducting another. authorities say peter manfredonia may have killed the victims in connecticut...
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May 15, 2020
05/20
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they add value to the nyse model.e partial reopening for the floor brokers on may 26th. do you support that decision in. >> being a veteran i would support the opening. i think the model works best in its entirety i think they want to come back having been here after 9/11, i recall that we were closed for four days which is historic. they managed to get the place where you open but because of the president, the governor, the mayor, a whole variety of people told them you have to get the stock exchange open because it is a functioning part of the u.s. economy it's a way to measure values and how things are progressing and i think that's exactly what's happened again here. the traders obviously are concerned about things like the virus and whatnot. we understand it's a unique institution. it's a special place and if america needs to exchange to be open, darn it we'll have to do it >> i would agree with that point. i guess the question is the way it's being done. they're only doing temperature checks at the door they're
they add value to the nyse model.e partial reopening for the floor brokers on may 26th. do you support that decision in. >> being a veteran i would support the opening. i think the model works best in its entirety i think they want to come back having been here after 9/11, i recall that we were closed for four days which is historic. they managed to get the place where you open but because of the president, the governor, the mayor, a whole variety of people told them you have to get the...
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May 26, 2020
05/20
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and they acknowledge that they are walking into possible risks, so we see the nyse sort of weighingh of those issues as it makes this decision to open. this historic day, of course, poppy and jim, a lot of symbolism here, the nyse standing for capitalism, the economy, and confidence. back to you. >> health safety as well, seems alison kosik. >>> without a vaccine, can restaurants open safely? it is a question that restaurateur danny myer has been asking. over the weekend, he just started to welcome some business, of course not sit-down business, he's the founder of units for hospitality back and shake shack. i wanted your voice on this. thank you so much. we talked at the beginning, on the podcast at the beginning of this, three months ago or so, and you just laid off 2,000 of your employees, which is just unimaginable. this weekend, you started a little bit of business. what can you share? >> we dipped our toe in the water and, you know, poppy this is really about regaining confidence and morale of our team and of our guests. so we're still not able to welcome people into our resta
and they acknowledge that they are walking into possible risks, so we see the nyse sort of weighingh of those issues as it makes this decision to open. this historic day, of course, poppy and jim, a lot of symbolism here, the nyse standing for capitalism, the economy, and confidence. back to you. >> health safety as well, seems alison kosik. >>> without a vaccine, can restaurants open safely? it is a question that restaurateur danny myer has been asking. over the weekend, he just...
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May 26, 2020
05/20
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one of the longest shutdowns of nyse floor on record. nine weeks to be exact as a result of the coronavirus pandemic. just to give you some perspective, four business days was the shutdown after 9/11, for example. now electronic trading did take place for that time period. the markets were functioning but still having said that, this is an iconic symbol, if you will, of america and free markets. really a big deal it was closed. and a big deal a quarter of the floor traders were allowed back in today but things do look different. everybody is wearing masks. social distance something taking place. plexiglass dividers between the work spaces, that kind of thing. they will take it day by day before if they decide if media comes back in, if visitors come back in to ring the bell and if the regs of the team can join their colleagues and coworkers. having said that, it is a signal of strength in many ways. we were able to talk to the nyse president, stacy cunningham about that. she explained how important it was for this organization and for ne
one of the longest shutdowns of nyse floor on record. nine weeks to be exact as a result of the coronavirus pandemic. just to give you some perspective, four business days was the shutdown after 9/11, for example. now electronic trading did take place for that time period. the markets were functioning but still having said that, this is an iconic symbol, if you will, of america and free markets. really a big deal it was closed. and a big deal a quarter of the floor traders were allowed back in...
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May 21, 2020
05/20
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in the world going public would like to list on the new york stock exchange smp, over-the-counter, nyse, we are very efficient extrusion meeting we transparent we want investors to know what they are buying. we require them to disclose and the sec does an extraordinary job. i think chairman jay clayton has been a rockstar. we have a rule that if you list on our exchanges, you have to file periodic reports. we want investors to understand what they are investing in. and g those reports have to be accurate. one of the things for these reports that companies have to file is an audit. but we take it a step further in the united states there is one called the public a county oversight board really, all it does, it is important but it inspects the audits not because they think they are cheating because some do but to play poker with friends they are my friends but i cut the cards every single time. that is that we do through the board, double check the audits everybody has to comply with that group american companies, british companies, companies, malaysian, turkmenis. except one, chinese com
in the world going public would like to list on the new york stock exchange smp, over-the-counter, nyse, we are very efficient extrusion meeting we transparent we want investors to know what they are buying. we require them to disclose and the sec does an extraordinary job. i think chairman jay clayton has been a rockstar. we have a rule that if you list on our exchanges, you have to file periodic reports. we want investors to understand what they are investing in. and g those reports have to...
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May 15, 2020
05/20
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according to nyse president, the exchange will reopen to, quote, a sub set of floor brokers with vitalnew safety measures. the floor has been shut down after two people tested positive cunningham will be on squawk on the street today >>> and dallas maverick's owner has an idea when it comes to stimulating the u.s. economy speaking to cnbc yesterday >> from my perspective, i'd like to see a stimulus that supports customer demand, consumer demand i would rather see us give out debt cards, if you will that say, here is $1,000 you have to spend within two weeks and preferably locally to stimulate demand what we do with trying to keep employees employed, they are not going to survive >>> mark cuban putting his money where his mouth is keeping the staff of the dallas mavericks employed through all of this >> frank, always good to see you, buddy have a great weekend >>> companies around america are hurting. even in the toughest times, there are surprising feel good stories out there. one is drive-in theaters as traditional theaters remain closed jim kopp is the owner of family drive in theate
according to nyse president, the exchange will reopen to, quote, a sub set of floor brokers with vitalnew safety measures. the floor has been shut down after two people tested positive cunningham will be on squawk on the street today >>> and dallas maverick's owner has an idea when it comes to stimulating the u.s. economy speaking to cnbc yesterday >> from my perspective, i'd like to see a stimulus that supports customer demand, consumer demand i would rather see us give out debt...
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May 20, 2020
05/20
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do not forget how nasdaq nic make their money -- and nyse.heir money on listing fees and trading. and nyse have offices in beijing where they try to recruit companies to enlist in the u.s.. they maintain those offices even after all of the delisting and the companies that went dark around 2012, 2013. there were hundreds of issuers that went dark or were delisted from u.s. exchanges, yet they kept those offices open. they still pandered for business. i do not think nasdaq is on the same side. in terms of what president trump is thinking, he is also saying i do not want to lose those listings to london or hong kong. i think we should be willing to lose those listings because while institutional capital is capable of following these companies to hong kong or london , american retail would be much less likely to follow, so i think this would be preserving capital of u.s. retail investors. erik: we are getting to the issue you've raised for more than a couple of years already. you've accused chinese companies , with the backing of the chinese gove
do not forget how nasdaq nic make their money -- and nyse.heir money on listing fees and trading. and nyse have offices in beijing where they try to recruit companies to enlist in the u.s.. they maintain those offices even after all of the delisting and the companies that went dark around 2012, 2013. there were hundreds of issuers that went dark or were delisted from u.s. exchanges, yet they kept those offices open. they still pandered for business. i do not think nasdaq is on the same side. in...
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May 14, 2020
05/20
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. >> we have breaking news here from the new york stock exchange nyse president stacy cunningham running an op ed in "the wall street journal" saying the exchange will start opening on may 26th, this following strict social distancing guidelines grasso, will you be there may 26th, the day after memorial day and what are some of these guidelines i'm assuming that i'll be there and i'm assuming that there will be medical testing and six feet away from each other and limited amounts of personnel from one firm to another firm, obviously facial covering and we'll play it by ear from there and i will most likely, god willing, i will be there as well. >> what have you gotten -- have you gotten anything directly from the nyse, goeso or is this the first that you're hearing? this is, by the way by stacy cunningham and published in "the wall street journal" this afternoon. >> i was not on the call my partners were on the call because we have our show to prepare for, but i'm sure they're not going to allow people to travel on mass transit because there's too much gray area there and too much exposu
. >> we have breaking news here from the new york stock exchange nyse president stacy cunningham running an op ed in "the wall street journal" saying the exchange will start opening on may 26th, this following strict social distancing guidelines grasso, will you be there may 26th, the day after memorial day and what are some of these guidelines i'm assuming that i'll be there and i'm assuming that there will be medical testing and six feet away from each other and limited...
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May 25, 2020
05/20
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well over a thousand chinese companies in our capital markets, most of them listed over the counter, nysenasdaq, but they don't follow the same accounting rules. they don't is have to sell us -- have to tell us if they're making money. how is that possible, roger? >> well, the index providers of this country certainly didn't help. they've gone to asian markets and added hundreds of chinese companies. i didn't see a wit of diligence as to who those companies are or what they do for a living or whether they're compliant with federal securities laws and the like, and they wered ad to etfs and put in the portfolios of scores of millions of americans. we might have as many as 170 million americans unwittingly holding the wrong sorts of chinese companies in their portfolio today. look at the states' public pension systems, universities. the vast majority of those are holding these companies because of lack of vigilance and lack of compliance. and forcing compliance, more importantly. so this has been a,ing frankly, a disaster. and when you talk about going elsewhere to london, hong kong, other
well over a thousand chinese companies in our capital markets, most of them listed over the counter, nysenasdaq, but they don't follow the same accounting rules. they don't is have to sell us -- have to tell us if they're making money. how is that possible, roger? >> well, the index providers of this country certainly didn't help. they've gone to asian markets and added hundreds of chinese companies. i didn't see a wit of diligence as to who those companies are or what they do for a...
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May 29, 2020
05/20
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following strict nyse rules and requiring to wear a mask at all times while on the floor the income data and why the headline number may not be telling the first story and we'll break down how we can trade it one of our traders is saying namaste to this name and cannabis, we will find out what went wrong with canopy growth. >> president trump stopped short of taking harsh new policy action against beijing and let's get to kayla tausche in washington kayla? >> melissa, today's policy announcement by president trump was essentially a doubling down on pre-telegraphed policies that the administration had already announced. today from the rose garden, president trump said that the u.s. would be terminating its relationship with the world health organization, that it would be suspending entry into the u.s. for certain students and researchers that it finds to be affiliated with chinese military arms, that it would be starting a study of the chinese companies' accounting practices and exactly what their role within the financial markets is with the potential delisting on the table there and stu
following strict nyse rules and requiring to wear a mask at all times while on the floor the income data and why the headline number may not be telling the first story and we'll break down how we can trade it one of our traders is saying namaste to this name and cannabis, we will find out what went wrong with canopy growth. >> president trump stopped short of taking harsh new policy action against beijing and let's get to kayla tausche in washington kayla? >> melissa, today's policy...
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May 15, 2020
05/20
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the president of the nyse joins us this morning. i know you have a busy morning of interviews, stacey. thanks for coming to us first. >> thank you it's great to be back. it's nice not to be doing an interview on my laptop we look forward to having you back, too. >> we want to get into the details of how you'll do this, but the first question is what led you to believe that may 26th will be the time >> there's a number of factors we've been closely monitoring since we closed the floor march 23rd we wanted to see how conditions in new york city are progressing and learn more about the virus we have learned a lot over the past two months. we've seen conditions in new york start to return we're looking at the overall impact on the economy and felt this was the right time to start making measured changes towards a path forward importantly, we are not on the other side of this pandemic. but we're not going to be for a long time. we need to start making measured -- taking measured steps to get us to a new norm that we'll have to live with
the president of the nyse joins us this morning. i know you have a busy morning of interviews, stacey. thanks for coming to us first. >> thank you it's great to be back. it's nice not to be doing an interview on my laptop we look forward to having you back, too. >> we want to get into the details of how you'll do this, but the first question is what led you to believe that may 26th will be the time >> there's a number of factors we've been closely monitoring since we closed...
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May 26, 2020
05/20
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taylor: today, the floor of the nyse reopened.hat do you think of that and how does that translate into some of your plans for a reopening? obviously, watching the new york stock exchange reopened under these difficult circumstances is one more thing people can point to as hope as people are getting back to normal, whatever the new normal will be. clearly, that will be the litmus test whenever we get back to the new normal. reopening wephased are going to go through over the six -- a lot of companies and ceos have talked about, a lot of interesting things going on. employees that want to come back to work. they literally either don't have the technology, they have roommates and i just want to come back to work. i can use zoom, other technology we have been empowered with. in fact, i am not going to come back to work until there is a vaccine. we, like all companies, have to come back with a flexible plan that allows for all those things to be true. letting people come back at the right time, having the right protections in place, t
taylor: today, the floor of the nyse reopened.hat do you think of that and how does that translate into some of your plans for a reopening? obviously, watching the new york stock exchange reopened under these difficult circumstances is one more thing people can point to as hope as people are getting back to normal, whatever the new normal will be. clearly, that will be the litmus test whenever we get back to the new normal. reopening wephased are going to go through over the six -- a lot of...
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May 15, 2020
05/20
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. >> nyse to partially reopen 26th of may saying the reopening will be slow and careful.ey will have to wear face masks and have temperatures checked. the physical trading floor closed in march due to the coronavirus and all trading has been done electronically as we look to wrap up the week, green on the boards. yesterday, we snapped a three-day losing streak and drew up a lot of red ink over the valuations of the markets. the dow down almost 30% for the week we'll see how much appetite that stimulus bill brings that tracie potts was talking about. the trade issues front and center president trump moving the rhetoric higher on the boards against china as they demand answers for covid-19 >>> that's it for today, looking at futures moving back to positive territory after facing a rough week across trading sessions "worldwide exchange" is coming up next. stay tuned on cnbc there are times when our need to connect really matters. to keep customers and employees in the know. to keep business moving. comcast business is prepared for times like these. powered by the nation's la
. >> nyse to partially reopen 26th of may saying the reopening will be slow and careful.ey will have to wear face masks and have temperatures checked. the physical trading floor closed in march due to the coronavirus and all trading has been done electronically as we look to wrap up the week, green on the boards. yesterday, we snapped a three-day losing streak and drew up a lot of red ink over the valuations of the markets. the dow down almost 30% for the week we'll see how much appetite...
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May 26, 2020
05/20
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if they do, they waive their rights to sue the nyse. brianna? >> very interesting.ou for that report, alison, from outside the new york stock exchange. >>> top of the hour
if they do, they waive their rights to sue the nyse. brianna? >> very interesting.ou for that report, alison, from outside the new york stock exchange. >>> top of the hour
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May 26, 2020
05/20
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if they do, they waive their rights to sue the nyse. brianna? >> very interesting. thank you for that report, alison, from outside the new york stock exchange. >>> top of the hour now, you are watching cnn as special live coverage of the coronavirus pandemic. the u.s. is just hours away from reaching 100,000 deaths. it's an unfathomable loss of life, solidifying the u.s. is undergoing the largest outbreaking in the worked. let's leave this map up so we can see where the cases are rising, where they're falling, where they're remaining steady. 17 states are currently seeing an increase in cases. crowds have been packing beaches, boardwalks and pools. you have seen that, a few masks inside. downward treads are urging one world health official to urge caution. he not only fears a second wave, but a second peak in the first wave. >> we also need to be cognizant that it can jump up at any time. we cannot make assumptions that just because it's on the way now, it would keep on going down. we may get a second peak in this wave. >> joining me now is cnn's knit watt. he's in
if they do, they waive their rights to sue the nyse. brianna? >> very interesting. thank you for that report, alison, from outside the new york stock exchange. >>> top of the hour now, you are watching cnn as special live coverage of the coronavirus pandemic. the u.s. is just hours away from reaching 100,000 deaths. it's an unfathomable loss of life, solidifying the u.s. is undergoing the largest outbreaking in the worked. let's leave this map up so we can see where the cases are...
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May 28, 2020
05/20
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that pushes up the small cap 600 and you look at the russell 2000 and the nyse composite close to the 1,900 stock. this calls for the retracement this sets us up well for the short run. in terms of not necessarily new leadership but new groups participating. we are seeing industrials, transports we are seeing banks rally upwards of 15%, 14%. breath and participation is starting to increase and pushes us up over the short run in the coming months, we are of the opinion we could see larger pull backs and you could see returns of volatility. our stance is that the lows of the market correction cycle are in in the direction of march 23 on 2,200 s&p, you could see bigger directions so far we are looking at the pull back in the months ahead. we would be buyers >> okay. but pull backs will come here is the thing. even if you are the most optimistic we have heard with v-shape recovery jp morgan came out with the best case recovery. nobody has predicted it would go back to 3 and 4% unemployment. the market seems to be reacting like we are going back to a normal nobody is talking about that eve
that pushes up the small cap 600 and you look at the russell 2000 and the nyse composite close to the 1,900 stock. this calls for the retracement this sets us up well for the short run. in terms of not necessarily new leadership but new groups participating. we are seeing industrials, transports we are seeing banks rally upwards of 15%, 14%. breath and participation is starting to increase and pushes us up over the short run in the coming months, we are of the opinion we could see larger pull...
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May 27, 2020
05/20
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that is nyse vice chairman and chief commercial officer john tuttle, and our thanks as always to sonaliik. some news -- sonali basak. some news on disney, making a request for a july 15 opening for epcot and hollywood studios. it says that the magic kingdom and the animal kingdom will open first. seaworld is requesting an opening, so basically the message here is that theme park reopening's are being planned. there are requests at work from the biggest, walt disney and seaworld entertainment. comcast universal have already requested and won the right to reopen to the general public on june 5. i also want to bring up little bit of news about activist investor bill ackman. he says they have sold their berkshire hathaway position. remember that blackstone position that was put on after a tv appearance? well, that has also now been sold. he's also sold out of his park hotel and result -- and resorts position. this is bloomberg. ♪ ♪ matt: welcome back to bloomberg markets. this is the european close. five minutes to go until trading is done. take a look at what is going on in terms of the eq
that is nyse vice chairman and chief commercial officer john tuttle, and our thanks as always to sonaliik. some news -- sonali basak. some news on disney, making a request for a july 15 opening for epcot and hollywood studios. it says that the magic kingdom and the animal kingdom will open first. seaworld is requesting an opening, so basically the message here is that theme park reopening's are being planned. there are requests at work from the biggest, walt disney and seaworld entertainment....
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May 26, 2020
05/20
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after being empty for two months, the bustling trading floor of the nyse partially reopen. fewer people on the floor with masks and no handshakes. while the trading floor is reopen, much of u.s. travel to and from brazil is closing. the trump administration's travel ban with brazil starting tuesday night will suspend entry by foreigners who have been in brazil for the last two weeks. brazil's president is facing criticism for his handling of the coronavirus. expect i think in the u.s. trump band travelers coming from brazil. here our president does not want to take such a decision. >>reporter: the republican national convention, scheduled for late august in charlotte, north carolina. the president wants assurances immediately that the convention will be allowed to go one with no crowd restrictions. >> he wants to make sure the democratic governor is not putting in place extraneous restrictions. >> north carolina is in phase two and crowds limited to 10 people. the governor says state health officials are working with the rnc. >> nobody believes we can have the rnc or the de
after being empty for two months, the bustling trading floor of the nyse partially reopen. fewer people on the floor with masks and no handshakes. while the trading floor is reopen, much of u.s. travel to and from brazil is closing. the trump administration's travel ban with brazil starting tuesday night will suspend entry by foreigners who have been in brazil for the last two weeks. brazil's president is facing criticism for his handling of the coronavirus. expect i think in the u.s. trump...
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thanks for flagging us on what could be news after the bell on the nyse or exchanges along with the situationis. closing bell, we are eight minutes away. the coronavirus taking a magic out of the magic kingdom. today's "countdown" closer tellstells us if the mouse house is still worth the investment. we'll be right back. what happened daddy? well, you see here... there's a photo of you and there's a photo of your mommy and then there's a picture of me. but before our story it goes way, way, way back with your great, great, great grandparents. see this handsome man, his name is william. . . isn't she pretty? yeah. find a stock basedtech. on your interests isn't she pretty? or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. ♪. liz: closing bell five minutes away. markets are off session highs. we're up 169 for the dow. we had been up more than 400 points. maybe it is a little profit-taking. we're waiting for the president to make remarks at the honeywell plant in phoenix, arizona. where they
thanks for flagging us on what could be news after the bell on the nyse or exchanges along with the situationis. closing bell, we are eight minutes away. the coronavirus taking a magic out of the magic kingdom. today's "countdown" closer tellstells us if the mouse house is still worth the investment. we'll be right back. what happened daddy? well, you see here... there's a photo of you and there's a photo of your mommy and then there's a picture of me. but before our story it goes...
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May 19, 2020
05/20
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>> well, we taped that at the nyse after our show one day a couple of months back.ey do their shows ahead of time so it aired last night but what i was most proud of, guys, i actually came up with the category, and i knew all the answers, but they wrote the questions, but i suggested it. so, the contestants did very well they got them all. >> that's so impressive. my family still watches it it's an amazing show and i think it's an amazing show because they do stuff like what you did. that's just kind of exciting it's really cool >> thanks, yeah. always fun, so many different people you hear from, it's aiz amazing how many people watch "jeopardy!" and good to see alex trebek still doing it, amazing and thank him for that shout out as well. >> looks like his recovery continues pretty well here jim, about ten minutes until we get powell and mnuchin and the quarterly c.a.r.e.s. act report to congress in front of senate banking which will be interesting because it's all virtual. >> incredible. >> dow is down 206 >>> yesterday was the third 90% up day since the march 23rd
>> well, we taped that at the nyse after our show one day a couple of months back.ey do their shows ahead of time so it aired last night but what i was most proud of, guys, i actually came up with the category, and i knew all the answers, but they wrote the questions, but i suggested it. so, the contestants did very well they got them all. >> that's so impressive. my family still watches it it's an amazing show and i think it's an amazing show because they do stuff like what you...
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May 24, 2020
05/20
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nyse trading has been fully electronic since march 23rd, but the exchange says floor traders help reduceatility and ensure fairer prices. unfortunately, volatility overall may be here to stay. stocks swung back and forth last week as headlines about progress on a coronavirus vaccine moved the market. economic data will be in focus this week. may consumer confidence is due. we'll also get a second look at first-quarter gross domestic product. the initial reading showed the economy shrank at an annual rate of 4.8%. it was the first contraction since 2014 and the worst drop since the height of the financial crisis. keep in mind, it's a short week on wall street. on monday, the markets are closed for memorial day. in new york, i'm christine romans. >> announcer: "before the bell" brought to you by e-trade. now with commission-free trading. and go to cnn.com/beforethebell to stay on top of markets and sign up for the daily newsletter. i'm going to start the bidding at $5. thank you, sir. looking for $6. $6 over there! do i hear 7? $7 in the front! $7 going once. going twice. sold to the onion
nyse trading has been fully electronic since march 23rd, but the exchange says floor traders help reduceatility and ensure fairer prices. unfortunately, volatility overall may be here to stay. stocks swung back and forth last week as headlines about progress on a coronavirus vaccine moved the market. economic data will be in focus this week. may consumer confidence is due. we'll also get a second look at first-quarter gross domestic product. the initial reading showed the economy shrank at an...
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we reported yesterday exclusively on "the claman countdown" that the nyse was holding a meeting withor traders to give them some idea when they might open or basically saying they don't know. we reported that they would likely say they don't know. stacy cunningham, president of the new york stock exchange, confirmed our reporting that they still have no idea when the floor of the stock exchange is going to open. the new york stock exchange thinks that's an integral part of their business model. electronic trading is going fine right now. the floor is integral but they still don't know when it's going to open. interesting enough, she's confirmed another fox business story, even -- remember the first one we did, they might close, we were the first to say that. she mentioned me in her remarks to floor traders. can you imagine that? she was saying don't listen, you know, get the information from us, but not charlie gasparino even though i get the information to them before she releases it. think about that. liz: i knew it was coming. here it comes. by the way, you guys, he will still be
we reported yesterday exclusively on "the claman countdown" that the nyse was holding a meeting withor traders to give them some idea when they might open or basically saying they don't know. we reported that they would likely say they don't know. stacy cunningham, president of the new york stock exchange, confirmed our reporting that they still have no idea when the floor of the stock exchange is going to open. the new york stock exchange thinks that's an integral part of their...
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May 26, 2020
05/20
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CNBC
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guy not back to work yet and had an interesting point, if you bought the market on the day that the nyse closed the floor and then sold it when they reopen you'dbe up 25%. the market has already priced a lot of that in. >> we're fortunate that we have gotten good news on the vaccine and treatments we have gotten tremendous news in terms of the aggressiveness of the fed and the stimulus program and so far the reopening is going well. remember, pain trade is up, a lot of people thought it wasn't going to roll out so smoothly and people are caught on the other side right now that's fueling the rally here, kelly. >> talking to the next guest about whether you should sell the market now or quote/unquote at the top we appreciate it bob pisani with the latest there. >>> we have factors into the market today good news potentially on a vaccine continuing to help the rebound. how much of that success is already priced in as the s&p crosses the 3,000 mark today above the 200-day moving average. i'm joined by two guests it's great to see you both jim, let's talk about some of the levels is it a big
guy not back to work yet and had an interesting point, if you bought the market on the day that the nyse closed the floor and then sold it when they reopen you'dbe up 25%. the market has already priced a lot of that in. >> we're fortunate that we have gotten good news on the vaccine and treatments we have gotten tremendous news in terms of the aggressiveness of the fed and the stimulus program and so far the reopening is going well. remember, pain trade is up, a lot of people thought it...
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May 26, 2020
05/20
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the nyse will limit the number of traders on the floor at least initially. they must wear protective masks and follow social distancing. the marks were up sharply across the board today. the dow was up over 500 points. >>> time now for consumer news and 7 on your side's michael finney here with a look at the headlines. hi, michael. >> hey. >> hey, you guys. we're going start off with some good news. rebates are going to get from your auto insurance company. at least one of them is going to continue the rebates through june. all state says discounts for all u.s. residents will stay in effect through next month. customers will get an automatic discount of about 15%. now we're still waiting for word from other insurance companies. consumer advocates have been calling for much steeper givebacks saying insurance companies are making unfair windfall profits. >>> a warning from microsoft about a scam hiding in some excel attachments. scammers send an email claiming to be from johns hopkins or the world health organization and offers the very latest numbers on coron
the nyse will limit the number of traders on the floor at least initially. they must wear protective masks and follow social distancing. the marks were up sharply across the board today. the dow was up over 500 points. >>> time now for consumer news and 7 on your side's michael finney here with a look at the headlines. hi, michael. >> hey. >> hey, you guys. we're going start off with some good news. rebates are going to get from your auto insurance company. at least one of...
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May 26, 2020
05/20
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. >> the nyse opens up today. >> and how do we destroy the
. >> the nyse opens up today. >> and how do we destroy the
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May 26, 2020
05/20
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hand shakes forbidden as well traders must sign a waiver, that limits the nyse liability in case theyox business alert united states, secret service reporting suspicious acknowledge lafayette park close to white house north lawn street closures in effect for blocks around the complex sources also say that white house employees are being held at southwest gate we bring more information as we get it this is breaking news we are just getting to it the newsroom right now. we opening america, the "the wall street journal" reporting economic activity is picking up across the country amid coronavirus pandemic including truck, markets improving for of four straight weeks real estate showing an uptick more people are stepping out without masks social distancing, take a look at video, from o zdareks in mo, new jersey point a pleasant you see crowds once again gathering, joining me rights now wyoming senator senate energy committee foreign relations committee member a medical doctor himself john barrasso senator great to see you this morning, this you so much for being here. >> terrific to being
hand shakes forbidden as well traders must sign a waiver, that limits the nyse liability in case theyox business alert united states, secret service reporting suspicious acknowledge lafayette park close to white house north lawn street closures in effect for blocks around the complex sources also say that white house employees are being held at southwest gate we bring more information as we get it this is breaking news we are just getting to it the newsroom right now. we opening america, the...
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May 18, 2020
05/20
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CNBC
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here's the opening bell as you can see, pretty good breadth here as we get a look at the podium and the nyse the floor to some small groups of traders a week from tomorrow jim, what's our thinking on -- we have not set a policy yet in terms of our own exposure down there. but to what degree do you want to get back on that set? pfrnlg >> i'm not in a hurry. when you listen to what they're trying to do, what they're saying, look, there's not going to be a gigantic when an ipo occurs brokers hanging out with each other save three or four around a post but i think that until -- i agree with the question that was asked, until you get a vaccine, do you want do anything? why put yourself at risk i think i've got the best mask i got a few left the n95s i feel good when i have it on. i feel bad when i take it off. that's simple. >> yeah. you were mentioning going back to work -- sorry, carl >> i was going to say, we got lots of pictures from the production floor at aston martin in wales this morning. people on the line in masks putting cars together. we'll get some of those out of the automakers the
here's the opening bell as you can see, pretty good breadth here as we get a look at the podium and the nyse the floor to some small groups of traders a week from tomorrow jim, what's our thinking on -- we have not set a policy yet in terms of our own exposure down there. but to what degree do you want to get back on that set? pfrnlg >> i'm not in a hurry. when you listen to what they're trying to do, what they're saying, look, there's not going to be a gigantic when an ipo occurs brokers...
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May 29, 2020
05/20
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following strict nyse rules and requiring to wear a mask at all times while on the floor the income dataheadline number may not be telling the first story and we'll break down how we can trade it one of our traders is saying namaste to this name and cannabis, we will find out what went wrong with canopy
following strict nyse rules and requiring to wear a mask at all times while on the floor the income dataheadline number may not be telling the first story and we'll break down how we can trade it one of our traders is saying namaste to this name and cannabis, we will find out what went wrong with canopy
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May 22, 2020
05/20
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we'll watch the markets here on this final day in which the nyse is trading remotely or virtually. let's get to bob pisani. >> looking forward to that on tuesday, carl. we're pressing 3,000 and just having trouble with that that's right where the 200-day moving average is for the s&p 500. having a lot of trouble with that i'm optimistic about the broadening of the market that trend continued this week looking at the sector leaders. bank stocks up today the russell is outperforming on a relative basis industrials, retail. these are part of that broadening of the market story energy is underperforming, oil is down. there is that fxi, the china etf. a lot of these china etfs down 3%, 4%, 5% you heard eunice yoon talking about serious things going on in hong kong. hang seng was down 5.5%. that was the worst day in five years. you can see some of these real estate stocks trading over in hong kong, these are all big real estate companies. they're all down obviously a lot of concerns about potential for capital flight keep an eye on chinese banks the fxi is about one-third china banks. a
we'll watch the markets here on this final day in which the nyse is trading remotely or virtually. let's get to bob pisani. >> looking forward to that on tuesday, carl. we're pressing 3,000 and just having trouble with that that's right where the 200-day moving average is for the s&p 500. having a lot of trouble with that i'm optimistic about the broadening of the market that trend continued this week looking at the sector leaders. bank stocks up today the russell is outperforming on...
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May 22, 2020
05/20
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FBC
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feinstein and we understand, that laughler is taking a lot of heat and she as you know is the wife of the nyseker, but if any of the stuff holds up on what she says that basically her trades were handled by outside advisors there is no case here, there's no case under existing insider trading laws there's almost no case under the stock act which had another level of scrutiny to congressman and congresswoman who traded on confidential information and that's part of the problem that burr has, he may be in violation of stock act , a couple of other things we should point out is that no case is going to be done for a while. this thing could last at least until the november elections, and that could be a problem if there's no major case against her she has to deal with the allegations through her election and that puts more pressure on her to dropout. as you know neil she said she's not dropping out and it's also interesting how they are dealing with the feinstein case. you don't hear much about it but one of the reasons why is people close to the investigation say she's being handled with what's k
feinstein and we understand, that laughler is taking a lot of heat and she as you know is the wife of the nyseker, but if any of the stuff holds up on what she says that basically her trades were handled by outside advisors there is no case here, there's no case under existing insider trading laws there's almost no case under the stock act which had another level of scrutiny to congressman and congresswoman who traded on confidential information and that's part of the problem that burr has, he...
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May 26, 2020
05/20
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new york governor andrew cuomo ran the opening bell as a few traders in masks returned to the nyse floor time in over two months. trading has been done electronically since late march. stocks are surging today on optimism about the economy, coupled with optimism over the potential for a vaccine. and we are now joined by my colleague, nicole wallace, host of "decline: white house." nicole, it was a holiday weekend for those looking to our president, full of disappointment and people shaking their heads. >> yeah, and i think he was overshadowed by the reality that americans can hold two thoughts in their heads at at once regardless of their political affiliati affiliation. you have "the new york times" using the front page of their newspaper in a way that i don't know that they ever have, putting the names of just a fraction of the people who have lost their lives on that page. i mean, this is a time of unthinkable loss. losses in numbers that nobody thought possible nine weeks ago. but you've also got people wearing masks and for the most part, social distancing, except in those pictures
new york governor andrew cuomo ran the opening bell as a few traders in masks returned to the nyse floor time in over two months. trading has been done electronically since late march. stocks are surging today on optimism about the economy, coupled with optimism over the potential for a vaccine. and we are now joined by my colleague, nicole wallace, host of "decline: white house." nicole, it was a holiday weekend for those looking to our president, full of disappointment and people...
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May 26, 2020
05/20
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. >> the nyse reopens for business today with floor traders returning to their posts we're not joiningt, but we're hoping to safely be back at post nine in the near future good tuesday morning welcome to "squawk on the street." i'm carl quintanilla with jim cramer and david faber coming to you live from separate locations. futures up 580 as the bulls have multiple tailwinds vaccine news, accelerated lifting of restrictions in europe oi
. >> the nyse reopens for business today with floor traders returning to their posts we're not joiningt, but we're hoping to safely be back at post nine in the near future good tuesday morning welcome to "squawk on the street." i'm carl quintanilla with jim cramer and david faber coming to you live from separate locations. futures up 580 as the bulls have multiple tailwinds vaccine news, accelerated lifting of restrictions in europe oi
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May 26, 2020
05/20
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and, get this, a liability waiver so that if you get covid-19 or take it home to your family, the nyse is saying they don't want to be responsible for that. a lot less folks here at the moment but we are expecting governor cuomo to ring the opening bell at 9:30. stuart: will you be able to get in to see that? jackie: we will not be able to get in to see that. actually, they are not telling media and everybody else that works in the building when this will happen. it seems like they are taking it day by day to see how these stages progress and how everything goes. stuart: okay. we got an opening partially at least. jackie, thanks very much indeed. check the futures again, please. it's a tuesday morning rally big-time. we will be up, what, 600 points plus for the dow, 160 plus for the nasdaq. all right. we'll be back after this. i was born in '37... it was a very struggling period of time. up and down. depression to exuberance. and you could name many, many cycles like that over the years. my generation, having come through so many wars and so many things... persistence. it's the heartbe
and, get this, a liability waiver so that if you get covid-19 or take it home to your family, the nyse is saying they don't want to be responsible for that. a lot less folks here at the moment but we are expecting governor cuomo to ring the opening bell at 9:30. stuart: will you be able to get in to see that? jackie: we will not be able to get in to see that. actually, they are not telling media and everybody else that works in the building when this will happen. it seems like they are taking...