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Aug 7, 2020
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wilfred and i were meant to be together it is our birthday i'm sara eisen with wilfred frost. session for stocks we're higher on the week we're selling off here into the close. down more than 1%. let's look at what is driving the action with an hour left of trade. a better than expected jobs number unemployment rate falls to 10% still tough conditions in the labor market that wasn't enough to offset lingering tensions between china and the u.s. as president trump moves to
wilfred and i were meant to be together it is our birthday i'm sara eisen with wilfred frost. session for stocks we're higher on the week we're selling off here into the close. down more than 1%. let's look at what is driving the action with an hour left of trade. a better than expected jobs number unemployment rate falls to 10% still tough conditions in the labor market that wasn't enough to offset lingering tensions between china and the u.s. as president trump moves to
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Aug 18, 2020
08/20
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i'm sara eisen here with wilfred frost. it happened.et an intraday record high this morning and we're on track for a record close h again, we really are let's see if we can close at these levels look at what is driving the action right now amazon, the top performer, walmart and home depot trading lower despite what were blowout earning reports number progress on
i'm sara eisen here with wilfred frost. it happened.et an intraday record high this morning and we're on track for a record close h again, we really are let's see if we can close at these levels look at what is driving the action right now amazon, the top performer, walmart and home depot trading lower despite what were blowout earning reports number progress on
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Aug 31, 2020
08/20
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i'm wilfred frost along can sara eisen. the nasdaq soaringtoday.and discretionary higher today vice chair
i'm wilfred frost along can sara eisen. the nasdaq soaringtoday.and discretionary higher today vice chair
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Aug 5, 2020
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. >> thank you welcome to closing well, i'm sara eisen with wilfred frost.ng a strong week for soft s&p within 3% of an all-time high. let's look what's driving action in trade positive vaccine from johnson & johnson, novavax helping lift sentiment and stocks better than feared disney. megack
. >> thank you welcome to closing well, i'm sara eisen with wilfred frost.ng a strong week for soft s&p within 3% of an all-time high. let's look what's driving action in trade positive vaccine from johnson & johnson, novavax helping lift sentiment and stocks better than feared disney. megack
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Aug 19, 2020
08/20
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i'm wilfred frost with sara eisen. stocks lost steam in the last hour, nasdaq falling into the red.g positive would mark another record close for those two. back hovering around that flat line let's look at the action fed minutes just out last hour put some pressure on the market. officials say that the ongoing public health crisis would weigh heavily on economic activity and employment that was the selloff about an hour ago but another day of blowout numbers from american retailers.
i'm wilfred frost with sara eisen. stocks lost steam in the last hour, nasdaq falling into the red.g positive would mark another record close for those two. back hovering around that flat line let's look at the action fed minutes just out last hour put some pressure on the market. officials say that the ongoing public health crisis would weigh heavily on economic activity and employment that was the selloff about an hour ago but another day of blowout numbers from american retailers.
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Aug 18, 2020
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i'm sara eisen here with wilfred frost. it happened. the s&p 500 set an intraday record high this morning and we're on track for a record close h again, we really are let's see if we can close at these levels look at what is driving the action right now amazon, the top performer, walmart and home depot trading lower despite what were blowout earning reports number progress on stimulus. housing starts surge 2ging 22% n july countdown to a record. we are above it right now. but as we have said, we have been there before. 59 minutes until it's official will today be the day? i don't know, mike san toll ji not here. if you missed out on the market's stunning rally, is it too late to jump in now? we'll ask founder mike novogratz for his take and a world of difference. how much the global economy has been altered and the challenge that's remain with david melpass. let's get to the stories we're watching bob pisani is marking the action sara has new details on one of the biggest earnings and bob, let's start off with you. it's technology. ther
i'm sara eisen here with wilfred frost. it happened. the s&p 500 set an intraday record high this morning and we're on track for a record close h again, we really are let's see if we can close at these levels look at what is driving the action right now amazon, the top performer, walmart and home depot trading lower despite what were blowout earning reports number progress on stimulus. housing starts surge 2ging 22% n july countdown to a record. we are above it right now. but as we have...
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Aug 5, 2020
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. >> thank you welcome to closing well, i'm sara eisen with wilfred frost. what's becoming a strong week for soft s&p within 3% of an all-time high. let's look what's driving action in trade positive vaccine from johnson & johnson, novavax helping lift sentiment and stocks better than feared disney. mega stock rocketing higher by as much as 10% some optimism that lawmakers are making progress on the next virus relief package we got news republican senators are pushing for $25 billion in additional aid for the airlines. nasdaq record high, gold record high, oil at a five-month high, 59 minutes left to trade, wilfred. >> we're up 0.6% on s&p 500. ahead on today's show cbs giving up despite strong earnings and guidance, we'll speak with ceo larry merlo about the results. >>> plus shares of twillio up 50% but taking a dip on earnings today. we'll take a look at work from home winner. roku, etsy and zynga analysis as soon as they cross first big stories we're watching today, mike santoli tracking action, david faber new reporting on microsoft tiktok and berty on
. >> thank you welcome to closing well, i'm sara eisen with wilfred frost. what's becoming a strong week for soft s&p within 3% of an all-time high. let's look what's driving action in trade positive vaccine from johnson & johnson, novavax helping lift sentiment and stocks better than feared disney. mega stock rocketing higher by as much as 10% some optimism that lawmakers are making progress on the next virus relief package we got news republican senators are pushing for $25...
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Aug 12, 2020
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. >> i'm wilfred frost from sara eisen. we're close to making history right now. all-time closing high. let's look at what's driving action tech bouncing following yesterday's ugly close apple, microsoft, netflix, facebook, amazon not far behind. treasury yields lower after moving the opposite way yesterday and seeing a strong ten-year auction today banks under pressure because of that no movement on stimulus bill speaker pelosi sayin
. >> i'm wilfred frost from sara eisen. we're close to making history right now. all-time closing high. let's look at what's driving action tech bouncing following yesterday's ugly close apple, microsoft, netflix, facebook, amazon not far behind. treasury yields lower after moving the opposite way yesterday and seeing a strong ten-year auction today banks under pressure because of that no movement on stimulus bill speaker pelosi sayin
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Aug 6, 2020
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i'm along with sara eisen. but we're seeing a strong rally into the close, the nasdaq in particular at record levels. constituent a lack of real progress, but both sides insist negotiations are move forward. 1.2 million people still applied for jobless benefits, but that number not quite as bad as
i'm along with sara eisen. but we're seeing a strong rally into the close, the nasdaq in particular at record levels. constituent a lack of real progress, but both sides insist negotiations are move forward. 1.2 million people still applied for jobless benefits, but that number not quite as bad as
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Aug 24, 2020
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i'm sara eisen here with brian sullivan who is in for wilfred frost to i day. welcome.t's look at what is driving the action a rally in technology. apple is sitting at hay hia high today. amazon, alphabet aand adobe the total number of cases continues to fall.
i'm sara eisen here with brian sullivan who is in for wilfred frost to i day. welcome.t's look at what is driving the action a rally in technology. apple is sitting at hay hia high today. amazon, alphabet aand adobe the total number of cases continues to fall.
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Aug 11, 2020
08/20
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i'm sara eisen here with wilfred frost. watching very carefully the levels as we inch closer to a record high on the s&p 500 we're set for an eight day win streak if we continue higher stocks have lost a bit of momentum as you can see in the last few minutes we'll watch every tick for you heading into the close let's look at what is driving the action the rotation is in values and cyclical stocks winning to day industrials, transports, energy, financials, they're all
i'm sara eisen here with wilfred frost. watching very carefully the levels as we inch closer to a record high on the s&p 500 we're set for an eight day win streak if we continue higher stocks have lost a bit of momentum as you can see in the last few minutes we'll watch every tick for you heading into the close let's look at what is driving the action the rotation is in values and cyclical stocks winning to day industrials, transports, energy, financials, they're all
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Aug 3, 2020
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i'm sara eisen here with wilfred frost.rallying to start the month with nasdaq and growth stocks outperforming what is driving the action big tech apple, netflix higher. it's microsoft that is leading today. up more than 5% on the back of the potential acquisition of
i'm sara eisen here with wilfred frost.rallying to start the month with nasdaq and growth stocks outperforming what is driving the action big tech apple, netflix higher. it's microsoft that is leading today. up more than 5% on the back of the potential acquisition of
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Aug 14, 2020
08/20
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i'm sara eisen here with jon fortt in for wilfred today we're points away from an all time record highe s&p 500. the index continues to bump up against that level just dipping into the red there. we're 3370 let's look at what is driving the action the rotation is back reopening trades like airlines and industrials and rallying while tech take the backseat what is hitting a record retail sales for the month of july despite the pandemic. that has retail stocks
i'm sara eisen here with jon fortt in for wilfred today we're points away from an all time record highe s&p 500. the index continues to bump up against that level just dipping into the red there. we're 3370 let's look at what is driving the action the rotation is back reopening trades like airlines and industrials and rallying while tech take the backseat what is hitting a record retail sales for the month of july despite the pandemic. that has retail stocks
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Aug 3, 2020
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i'm sara eisen here with wilfred frost. stocks rallying to start the month with nasdaq and growth stocks outperforming what is driving the action big tech apple, netflix higher. it's microsoft that is leading today. up more than 5% on the back of the potential acquisition of tiktok positive covid-19 treatment news eli lilly starting phase three of an antibody drug. we'll get into that and we have better than expected manufacturing data which along with better than feared earnings is helping lift sentiment. we're on record close watch for the nasdaq 59 minutes left trade. >> we certainly are. it's up 1.6% lots to come on today's show we'll discuss the fast moving developments in the talk between microsoft and tiktok and what a mean would mean for other social media stocks with chris kelly. the plus, big testing companies like quest and lab corps warn of back logs and delays, we'll talk to gravity diagnostics ceo we have big earnings reports coming your way. virgin galactic, take-two and chegg and more we'll bring you the num
i'm sara eisen here with wilfred frost. stocks rallying to start the month with nasdaq and growth stocks outperforming what is driving the action big tech apple, netflix higher. it's microsoft that is leading today. up more than 5% on the back of the potential acquisition of tiktok positive covid-19 treatment news eli lilly starting phase three of an antibody drug. we'll get into that and we have better than expected manufacturing data which along with better than feared earnings is helping...
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Aug 13, 2020
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lunch" says good-bye for now see you tomorrow >> thank you welcome to "closing bell," everyone i'm sara eisenwilfred frost. a choppy session let's look at what is driving the action initial jobless claims coming in under one million for first time since march. we're still way above prepandemic records. another official cause of a stalemate, no movement in washington and another stimulus bill and relief for the millions of unemployed still not much movement
lunch" says good-bye for now see you tomorrow >> thank you welcome to "closing bell," everyone i'm sara eisenwilfred frost. a choppy session let's look at what is driving the action initial jobless claims coming in under one million for first time since march. we're still way above prepandemic records. another official cause of a stalemate, no movement in washington and another stimulus bill and relief for the millions of unemployed still not much movement
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Aug 4, 2020
08/20
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welcome to the "closing bell," everyone i'm with sara eisen. stocks off the highs of the day.nd nasdaq just slipping into the red with 59 minutes left of the session. have a hook at what is driving the action today lawmakers divided over the next round of coronavirus stimulus with negotiations on going gold prices continue to rise hitting a new record high above $2,000 an ounce. the ten year yield flirts with falling below 0.5% the we did see the second straight monthly increase in factor
welcome to the "closing bell," everyone i'm with sara eisen. stocks off the highs of the day.nd nasdaq just slipping into the red with 59 minutes left of the session. have a hook at what is driving the action today lawmakers divided over the next round of coronavirus stimulus with negotiations on going gold prices continue to rise hitting a new record high above $2,000 an ounce. the ten year yield flirts with falling below 0.5% the we did see the second straight monthly increase in...
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Aug 14, 2020
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i'm sara eisen in with jon fortt along with mike santoli.wrapped a week, third week in a rove gains fw of gains forp 500. there is the dow, managed to close positive 3shgs 4 points. spent part of the day there. s is been wavering all day long around the flat line was a pretty quiet trading session better retail sales earlier in the day the s&p 500 closed as wilfred would say, bang on flat. that masks the strength behind the move energy, industrials and financials led the day y utilities and health care were the lowsers. for the week as a whole, got strength from the cyclical groups industrials up 2%. energy 2%. consumer discretionary, 1.5%, the nasdaq closing down for the day. .2%. and pretty much flat for the week here we are for the nasdaq the small caps down about .1% on the day. it's been a fortnight since tim cook was grilled in congress about antitrust issues now apple is under fire again. sued by fortnight parent epic who made a video mocking the role as a powerful gatekeeper and facebook joined the fray pun lickly criticizing apple's
i'm sara eisen in with jon fortt along with mike santoli.wrapped a week, third week in a rove gains fw of gains forp 500. there is the dow, managed to close positive 3shgs 4 points. spent part of the day there. s is been wavering all day long around the flat line was a pretty quiet trading session better retail sales earlier in the day the s&p 500 closed as wilfred would say, bang on flat. that masks the strength behind the move energy, industrials and financials led the day y utilities and...
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Aug 4, 2020
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welcome to the "closing bell," everyone i'm with sara eisen. stocks off the highs of the day. the s&p 500 and nasdaq just slipping into the red with 59 minutes left of the session. have a hook at what is driving the action today lawmakers divided over the next round of coronavirus stimulus with negotiations on going gold prices continue to rise hitting a new record high above $2,000 an ounce. the ten year yield flirts with falling below 0.5% the we did see the second straight monthly increase in factory orders helped by demand for cars by the way, more coming out of the auto sector. ford and nikkola news coming your way just about to flat line with 59 minutes left in the session. >> we have a big lineup of ceos coming up on today's show. dan rosensweig on the back of chegg's earnings it is a moon shot. then the head oof another stock that has been on a terror, henry ji, ceo of sorrento therapeutics and it's a huge earnings news, disney, nikola and we'll speak with the ceo of ww right after the numbers hit. we have 58 minutes left of trade. mike san totoli is tracking act and p
welcome to the "closing bell," everyone i'm with sara eisen. stocks off the highs of the day. the s&p 500 and nasdaq just slipping into the red with 59 minutes left of the session. have a hook at what is driving the action today lawmakers divided over the next round of coronavirus stimulus with negotiations on going gold prices continue to rise hitting a new record high above $2,000 an ounce. the ten year yield flirts with falling below 0.5% the we did see the second straight...
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Aug 19, 2020
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if you're joining us to "closing bell," i'm sara eisen with wilfred frost.a look how we closed. lower for s&p 500 and nasdaq there's the dow down 84 points into the close it was its first down day in the last three -- actually third negative day for the dow s&p 500 had its first down day in the last three. it did hit a new intraday all-time high 3999 in the session. ultimately took a little spill there. first after the minutes were released from the federal reserve from the last meeting toward pessimism over economic recovery and into the close. closing .4 of 1% nasdaq down after intraday all-time high in the session the russell 2000 index of small caps actually closed up for the second straight day in the last three. for the year, though, small caps down 5.8% for the year for the s&p just to compare it it's up 4.36%. apple becoming wall streets firs $2 trillion company in today's session. couldn't quite close there still what a milestone investors are now awaiting earnings from chipmaker nvidia one of the hottest on wall street, instant analysis of the resu
if you're joining us to "closing bell," i'm sara eisen with wilfred frost.a look how we closed. lower for s&p 500 and nasdaq there's the dow down 84 points into the close it was its first down day in the last three -- actually third negative day for the dow s&p 500 had its first down day in the last three. it did hit a new intraday all-time high 3999 in the session. ultimately took a little spill there. first after the minutes were released from the federal reserve from the...
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Aug 12, 2020
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. >> i'm wilfred frost from sara eisen. we're close to making history right now. s&p 500 is points away from all-time closing high. let's look at what's driving action tech bouncing following yesterday's ugly close apple, microsoft, netflix, facebook, amazon not far behind. treasury yields lower after moving the opposite way yesterday and seeing a strong ten-year auction today banks under pressure because of that no movement on stimulus bill speaker pelosi saying lawmakers are miles apart. we are focused on that potential record close on the s&p 500. the number you're watching for is 3386.15, a couple points off of it as we stand, sara. >> hard to believe that we are here coming up on today's show. s&p 500 could close at a record high for the first time since mid february we're going to talk to wharton professor jeremy siegel about whether the rally can last from here. >>> plus counting down to a pair of key earnings results after the bell, lyft and cisco gearing up to report we'll bring numbers and analysis as soon as they hit. let's focus on the stories we're wa
. >> i'm wilfred frost from sara eisen. we're close to making history right now. s&p 500 is points away from all-time closing high. let's look at what's driving action tech bouncing following yesterday's ugly close apple, microsoft, netflix, facebook, amazon not far behind. treasury yields lower after moving the opposite way yesterday and seeing a strong ten-year auction today banks under pressure because of that no movement on stimulus bill speaker pelosi saying lawmakers are miles...
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Aug 24, 2020
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i'm sara eisen here with brian sullivan who is in for wilfred frost to i day. welcome. s&p 500 is above 3400. let's look at what is driving the action a rally in technology. apple is sitting at hay hia high today. amazon, alphabet aand adobe the total number of cases continues to fall. airline stocks are popping after the government gave approval to a different way to disinfect surface onz planes american, united, delta, they're all up 8% or so. s&p 500, nasdaq set for a record close. with he have 59 minutes left of trade. brian, good to have you onboard. >> yeah. good to be here on a day where there seems to be a lot gf news. the markets are powering higher again. we have a long way to go two hours. coming up, you remember herbalife. they sparked wall street's most epic battles on the halftime report it is reinvigorated, more than doubling from the march lows and our interview with the ceo is coming up later on. we're going to be joined by penny pritzker and ask her about the democrats' economic platform and how a biden administration would tackle the coronavirus are y
i'm sara eisen here with brian sullivan who is in for wilfred frost to i day. welcome. s&p 500 is above 3400. let's look at what is driving the action a rally in technology. apple is sitting at hay hia high today. amazon, alphabet aand adobe the total number of cases continues to fall. airline stocks are popping after the government gave approval to a different way to disinfect surface onz planes american, united, delta, they're all up 8% or so. s&p 500, nasdaq set for a record close....
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Aug 27, 2020
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i'm sara eisen in with jon fortt today. the s&p 500 briefly dipped into the red earlier.q still lower by 50 points. let's look at what's driving the action in this final hour. the federal reserve announcing a policy shift signaling more willingness to keep rates lower for longer and inflation running high financials, real estate sector moving higher. a new rapid and inexpensive covid test from abbott boosting sentiment helping some of the
i'm sara eisen in with jon fortt today. the s&p 500 briefly dipped into the red earlier.q still lower by 50 points. let's look at what's driving the action in this final hour. the federal reserve announcing a policy shift signaling more willingness to keep rates lower for longer and inflation running high financials, real estate sector moving higher. a new rapid and inexpensive covid test from abbott boosting sentiment helping some of the
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Aug 25, 2020
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. >> the great sara eisen -- i'm not going to mess with the eisenhower >> you should feel better abouttoday with sara, those two hours. >> it's cafÉ bustelo, it's dunkin'. >> that's in the 11:00 >> i'm trying to give you the brands so you know the story. >> got it. >> carl, i'm sorry i'm competitive. you know >> we love it. it's corporate darwinism at work, jim. on smucker you're talking basically a three-month high i'm curious, it's another example, deere was the other one last week, jim, where we had down grades going into the print. >> yes. >> smucker's' case it was morgan stanley they went to 107 said they would be a lesser beneficiary of food demand, the print proved the exact opposite. >> this is 50% -- organic sales up 11%, 70 cent beat, pet up three. a lot of people felt that their pet offering is not that competitive. cafÉ dunkin' bustelo one of my favorites. people have coffee at home and buy the well-named brands. i was a uvan guy at one point, that was when i didn't sleep on tuesdays david? >> all right no sleep tuesdays. >> no sleep tuesdays. >> i remember those. >> taco t
. >> the great sara eisen -- i'm not going to mess with the eisenhower >> you should feel better abouttoday with sara, those two hours. >> it's cafÉ bustelo, it's dunkin'. >> that's in the 11:00 >> i'm trying to give you the brands so you know the story. >> got it. >> carl, i'm sorry i'm competitive. you know >> we love it. it's corporate darwinism at work, jim. on smucker you're talking basically a three-month high i'm curious, it's another...
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Aug 25, 2020
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i'm carl quintanilla and jon fortt and sara eisen is joining us, working a split shift.iggest loss for the dow since july 30th. we're back to 34.30. had a pretty good nice opening, john, as we got that trade deal commitment, the phone call between the reps between the u.s. and china then consumer confidence hits and it was just not enough to offset the best number for new home sales since 2006. >> yes some things still creeping higher you see amazon a bit higher. microsoft up about a percent alphabet, too. adobe hitting all-time highs earlier this morning, which just goes to show, there are certain story lines in this market, sarah that continue to do well >> for sure, naturally, the s&p 500 is positive because of those groups communication services, consumer discretionaries, financials are higher and the nasdaq just topped higher, john, as "squawk alley" started as technology goes green. i would just say on the consumer, this is a mixed picture we're getting. confident was down, all of the components of it, carl, were pretty poor. a lot weaker than expected it comes on
i'm carl quintanilla and jon fortt and sara eisen is joining us, working a split shift.iggest loss for the dow since july 30th. we're back to 34.30. had a pretty good nice opening, john, as we got that trade deal commitment, the phone call between the reps between the u.s. and china then consumer confidence hits and it was just not enough to offset the best number for new home sales since 2006. >> yes some things still creeping higher you see amazon a bit higher. microsoft up about a...
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Aug 27, 2020
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i'm sara eisen with jon fortt i for wilfred frost and mike santoli. little bit of steam into the close we got as high as over 300 points at one point but, still, a solid day. walmart actually leading the charge there on the dow after word that it has jumped in to the negotiations around tiktok perhaps mounting a bid with microsoft. all that cnbc reporting throughout the day s&p 500 closed up a little less than 0.2%. wasn't much, but enough to put us at a new record high and groups like financials, real estate did well on the back of higher treasury yields communication services and consumer discretionary lagged today. but, still, for the week, it's been a strong one. the s&p up almost 3% going into a friday best week since july 2nd and its fifth week in a row of gains, assuming we hold that tomorrow the nasdaq didn't make it there as jon noted closed down 0.3% technology lagged some of the other groups today the russell index had a good day. decent day, yup 0.3%. that's if you've been bullish and waiting for a rebound in the small caps lagging all yea
i'm sara eisen with jon fortt i for wilfred frost and mike santoli. little bit of steam into the close we got as high as over 300 points at one point but, still, a solid day. walmart actually leading the charge there on the dow after word that it has jumped in to the negotiations around tiktok perhaps mounting a bid with microsoft. all that cnbc reporting throughout the day s&p 500 closed up a little less than 0.2%. wasn't much, but enough to put us at a new record high and groups like...
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Aug 28, 2020
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sara eisen with the coke news. look at shares of herba life the company settled.using the company of providing corrupt payments to chinese officials to boost business there again, down 3.5% cnbc has a new cfo global survey more on that after the break stay with us traded goods. tools, cattle, grain, even shells represented value. then currency came along. they made it out of copper, gold, silver, wampum. soon people decided to put all that value into a piece of paper, then proceeded to wave goodbye to value, printing unlimited amounts of money as they passed the buck to the future. that's why it's time for digital currency and your investment in the grayscale funds. go digital. go grayscale. coming to the green flag, racing at daytona. they're off... in the kentucky derby. rory mcllroy is a two time champion at east lake. he scores! stanley cup champions. touchdown! only mahomes. expect anything different? the big events are back and xfinity is your home for the return of live sports. >>> welcome back a new cfo global survey looking at what a joe biden presidency
sara eisen with the coke news. look at shares of herba life the company settled.using the company of providing corrupt payments to chinese officials to boost business there again, down 3.5% cnbc has a new cfo global survey more on that after the break stay with us traded goods. tools, cattle, grain, even shells represented value. then currency came along. they made it out of copper, gold, silver, wampum. soon people decided to put all that value into a piece of paper, then proceeded to wave...
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Aug 26, 2020
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. >> thank you, kelly and tyler and welcome everyone to "closing bell," i'm sara eisen with kayla tausche today in for wilfred frost. a quiet day, the dow up 30 points or so nasdaq surging on a new record let's look at what's driving the action with one hour in trade. netflix up, salesforce up 25%. an incredible move for that stock. adobe, facebook rallying as well promising news on covid front, as well as declines in cases across the u.s. not just big tech winners, jaw-dropping moves for individual stocks. roku up 11%. dick's sporting goods up 15. urban outfitters up 20 we've got them all covered for you. 59 minutes left, what is set to be another record close for s&p and nasdaq all we need is a positive finish kayla, welcome. >> thank you, sara thank you for having me. feels like record finishes every senile day we have a great lineup of ceo interviews coming your way on the rest of the show we'll me with the head of toll brothers about his company's strong earnings results and whether the housing market can keep topping expectations over and over again >>> plus shares of crocs you hear
. >> thank you, kelly and tyler and welcome everyone to "closing bell," i'm sara eisen with kayla tausche today in for wilfred frost. a quiet day, the dow up 30 points or so nasdaq surging on a new record let's look at what's driving the action with one hour in trade. netflix up, salesforce up 25%. an incredible move for that stock. adobe, facebook rallying as well promising news on covid front, as well as declines in cases across the u.s. not just big tech winners, jaw-dropping...
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Aug 7, 2020
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welcome back, everyone i'm sara eisen with will wilfred frost.ains for the week the dow closed up 47 points. apple was the biggest loser. but for the week, the dow had had a really strong week they're closing up 3%. s&p 500 got a gain in the close. it was brought higher by as mike said, old economy stocks, not technology but technology ruled the week. the s&p 500 closing up 2.4% overall. the nasdaq after reaching an earlier intraday record high did close lower by .9% taking a step back after what was another banner week for the nasdaq as well closed up 2.5% on the week russell 2000 index of small caps up 1.5%. strength today from financials, utilities, industrials, that all helped the small caps as well. first huawei and then tiktok and ten cent we're in the midst of a tech war. we're going to talk about the growing tensions with china and the corporations caught in the storm. first to join us to talk about the market, barbara duran is here jay on trener joins the conversation and michael ferolli is here. mike, first to you the strength we saw in
welcome back, everyone i'm sara eisen with will wilfred frost.ains for the week the dow closed up 47 points. apple was the biggest loser. but for the week, the dow had had a really strong week they're closing up 3%. s&p 500 got a gain in the close. it was brought higher by as mike said, old economy stocks, not technology but technology ruled the week. the s&p 500 closing up 2.4% overall. the nasdaq after reaching an earlier intraday record high did close lower by .9% taking a step back...
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Aug 10, 2020
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i'm along sara eisen session highs h let's have a look at what is driving the action a surge in cyclicalines, retail, travel stocks and banks. up today tech is taking a bit of a bre l breather slowing of new covid-19 cases is helping to boost the sentiment a little bit and china tensions are continuing to simmer as beijing sanctions 11 u.s. officials and tiktok continues as a lightning rod. the s&p 500 up about
i'm along sara eisen session highs h let's have a look at what is driving the action a surge in cyclicalines, retail, travel stocks and banks. up today tech is taking a bit of a bre l breather slowing of new covid-19 cases is helping to boost the sentiment a little bit and china tensions are continuing to simmer as beijing sanctions 11 u.s. officials and tiktok continues as a lightning rod. the s&p 500 up about
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Aug 28, 2020
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sara eisen is spoking with the company's ceo and she'll join us with more details in a few minutes. >ime, another big morning for breaking news with those futures pointing higher, as we showed you the dow looking to add to its gains from yesterday when fed chair jerome powell laid out a new stance on inflation. he said the fed will now be willing to let inflation run hotter than normal in order to support the labor market and broader economy. also, japanese prime minister shinzo abe said he will resign due to worsening health once a new leader is appointed. the nikkei closing lower initially on the news. >> a chinese company that owns tiktok has told employees to make contingency plans for shutting down the app in the united states. this as sources tell cnbc before walmart decided to partner with microsoft, the retailer was part of another group including softbank and alphabet considering a bid. we'll hear much more about the story in just a moment >> and a hurricane laura is now a tropical depression, but the tennessee valley could see possible tornadoes and drenching rain as the sto
sara eisen is spoking with the company's ceo and she'll join us with more details in a few minutes. >ime, another big morning for breaking news with those futures pointing higher, as we showed you the dow looking to add to its gains from yesterday when fed chair jerome powell laid out a new stance on inflation. he said the fed will now be willing to let inflation run hotter than normal in order to support the labor market and broader economy. also, japanese prime minister shinzo abe said he...
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Aug 6, 2020
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i'm along with sara eisen. stocks have been fluctuating, but we're seeing a strong rally into the close, the nasdaq in particular at record levels. constituent a lack of real progress, but both sides insist negotiations are move forward. 1.2 million people still applied for jobless benefits, but that number not quite as bad as fears. and companies from roku to western digital have been tempering expectations that's hurt sentiment a bit. gold is at a record high nasdaq set for another record close, comfortably now up a full 1%. >> continuing that breathtaking rally, coming up on today's show, the bet on pets. the ceo of the company that makes medicine for pets and l e livestock. and more earnings rolling in today after the bell, including uber, dropbox and t mobile also a first on cnbc interview with mike seifeieve seavert eamon javers has the latest on the stimulus stand offin washington, and phil lebeau is watching the airlines. start us off with the broader market, mike. >> today is a good example of how we a
i'm along with sara eisen. stocks have been fluctuating, but we're seeing a strong rally into the close, the nasdaq in particular at record levels. constituent a lack of real progress, but both sides insist negotiations are move forward. 1.2 million people still applied for jobless benefits, but that number not quite as bad as fears. and companies from roku to western digital have been tempering expectations that's hurt sentiment a bit. gold is at a record high nasdaq set for another record...
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Aug 11, 2020
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i'm sara eisen here with wilfred frost. we're watching very carefully the levels as we inch closer to a record high on the s&p 500 we're set for an eight day win streak if we continue higher stocks have lost a bit of momentum as you can see in the last few minutes we'll watch every tick for you heading into the close let's look at what is driving the action the rotation is in values and cyclical stocks winning to day industrials, transports, energy, financials, they're all working. the nasdaq down .5% on the flip side >> 59 minutes heft in the session. ahead on the today's show, within striking distance of the lows, liz ann sonders weigh in on whether it is too late to get into the market rally. plus, we'll speak from twillio ceo. think lost steam on the back of the earnings and a stock offerings. let's focus on the big stories joining us to talk stimulus in the capital gains tax is chris krueger. but first, mike with you and the broader markets. stepping up a little bit from the highs. >> we have they make a very near appr
i'm sara eisen here with wilfred frost. we're watching very carefully the levels as we inch closer to a record high on the s&p 500 we're set for an eight day win streak if we continue higher stocks have lost a bit of momentum as you can see in the last few minutes we'll watch every tick for you heading into the close let's look at what is driving the action the rotation is in values and cyclical stocks winning to day industrials, transports, energy, financials, they're all working. the...
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Aug 28, 2020
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welcome back if you are just joining us, i'm sara eisen, here with john fort who's here today. take a look at how we finished up the day on wall street. new record highs for the s&p and nasdaq the dow, going positive on the year, finishing up a half a% a little steam into the close. higher by 161 points there on the dow. the dow closing out another record high. all groups are high for the week, except for utilities the nasdaq closing up 6/10 of 1% at a new all time high, it was technology that powered this rally today. you did see strength in groups like financials which were the third best performing group this week playing a little catchup here, and joining in on the party. still negative on the year, now we have the dow, the s&p 500 and the nasdaq all in positive territory for the year lindsay bell is here from allied invest we have a.j. oden joining the conversation we're going to talk to dr. scott gottlieb later in the hour about that new abbott test first, mike, i'll turn to you on another very strong week for stocks to round out, coming up on the best august for the dow
welcome back if you are just joining us, i'm sara eisen, here with john fort who's here today. take a look at how we finished up the day on wall street. new record highs for the s&p and nasdaq the dow, going positive on the year, finishing up a half a% a little steam into the close. higher by 161 points there on the dow. the dow closing out another record high. all groups are high for the week, except for utilities the nasdaq closing up 6/10 of 1% at a new all time high, it was technology...
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Aug 31, 2020
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i'm wilfred frost along can sara eisen. the nasdaq soaringtoday. health care consumer and discretionary higher today vice chair afirms a low rate policy even if unemployment starts to fall and split stocks apple and tesla rallying apple up 5% today. tesla up 10% today tesla is now surpassed j & j and visa to become the seventh most valuable company in the united states 59 minutes until august is in the books. we're waiting for a record close for the nasdaq possibly another one for the s&p 500 though just negative as we stand >> welcome back, wilfred good to have you back here coming up, delta's ceo ed bastian joins us with the thoughts of the latest industry. and of course his response to united's move today to eliminate change fees. we'll also speak with mohammed el-erian about texceptional mont for the bulls. we're looking to cap off a 7% up month for august the work from home winner zoom reports earnings after today's close. that stock is up nearly 500% on the year can it keep up the furious pace? let's get straight to the big stories we're watc
i'm wilfred frost along can sara eisen. the nasdaq soaringtoday. health care consumer and discretionary higher today vice chair afirms a low rate policy even if unemployment starts to fall and split stocks apple and tesla rallying apple up 5% today. tesla up 10% today tesla is now surpassed j & j and visa to become the seventh most valuable company in the united states 59 minutes until august is in the books. we're waiting for a record close for the nasdaq possibly another one for the...
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Aug 11, 2020
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i'm david faber along with sara eisen, nice to see and mike santo santoli.morning to both of you. mike, jim and i were talking about the markets the nasdaq is down and so many of the names we know so well that have such enormous market caps are down but you're seeing other signs of life in the market >> for sure. it's a move out of what was perceived as safety, the big growth stocks, the ones that benefited from this stay-at-home and low yield, low growth, high liquidity world rotating into more cyclicals it's stuff that benefits from an acceleration in the economy. you're getting a tailwind sentiment wise from the fact it looks like you have a very defined downtrend and new covid cases at least right now similar to may, where you had this big downturn, people got encouraged about that and no way to refute the bullish case on that for a few weeks or months now, that being said, i think one of the things to focus on is that it's netting out in a positive direction in other words, it's not just that the big growth stocks, huge parts of the index are declining
i'm david faber along with sara eisen, nice to see and mike santo santoli.morning to both of you. mike, jim and i were talking about the markets the nasdaq is down and so many of the names we know so well that have such enormous market caps are down but you're seeing other signs of life in the market >> for sure. it's a move out of what was perceived as safety, the big growth stocks, the ones that benefited from this stay-at-home and low yield, low growth, high liquidity world rotating...
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Aug 17, 2020
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i'm in for sara eisen. about a third of 1% the s&p 500 closed just four points shy of a record close the nasdaq notching a record close of its own at 11,129 that is 20 points higher than the record april close russell 2000, up .5% closing up eight points. 1585.47. coming up, we'll ask the chief equity strategist bob doll about why he is cautious on the short term outlook for the market amid the record run for stocks. joining us now to talk about the market day, jonathan golub via phone and victoria fernandez chief strategist from interactive brokers also joins the conversation steve, why do you think the s&p 500 couldn't make it the last four points to get the record today yet again? >> we got so close at this point, it's not really a matter of if, it's a matter of when or if we make it or don't the bigger question i think we have, is you know, not whether they could get a push up a little bit more on the close doesn't take much to move four points i wasn't there in the closing basket, i suppose. but quet i
i'm in for sara eisen. about a third of 1% the s&p 500 closed just four points shy of a record close the nasdaq notching a record close of its own at 11,129 that is 20 points higher than the record april close russell 2000, up .5% closing up eight points. 1585.47. coming up, we'll ask the chief equity strategist bob doll about why he is cautious on the short term outlook for the market amid the record run for stocks. joining us now to talk about the market day, jonathan golub via phone and...
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Aug 14, 2020
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. ♪ >>> and this is "squawk on the street" i'm david faber along with mike santoli and sara eisen.arl and jim had the day off let's give you a look at the markets which will open one half hour from now. we are looking for as you see there a slightly lower open although the nasdaq which has been a bit weaker at least in a couple of sessions this week than the broader market, if you want to call it the broader market, is looking higher this morning. i could go on and on, mike santoli, but when i have you on the program with me why would i bother i might as well send it over to you. set us up for the action today, particularly given what we've seen there was that rotation earlier in the week, but it already feels like they're coming back to growth. >> rotated, with he unrotated, we will we will rerotate i do think it's indicative of this market that has generally speaking hesitated right underneath the all time highs. we are all looking at that it's fascinating as sara and i talked about last night on closing bell we would otherwise be saying, oh, it's a quiet post earnings august per
. ♪ >>> and this is "squawk on the street" i'm david faber along with mike santoli and sara eisen.arl and jim had the day off let's give you a look at the markets which will open one half hour from now. we are looking for as you see there a slightly lower open although the nasdaq which has been a bit weaker at least in a couple of sessions this week than the broader market, if you want to call it the broader market, is looking higher this morning. i could go on and on, mike...
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Aug 13, 2020
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lunch" says good-bye for now see you tomorrow >> thank you welcome to "closing bell," everyone i'm sara eisen with wilfred frost. a choppy session let's look at what is driving the action initial jobless claims coming in under one million for first time since march. we're still way above prepandemic records. another official cause of a stalemate, no movement in washington and another stimulus bill and relief for the millions of unemployed still not much movement there. yields moving higher after a 30 year auction that has taken the wind out of the big growth stocks. 59 minutes left to go. now just about 20 points away from a record on the s&p 500 wilfred, we crossed over that level that would have been a closing high we lost a the lot of steam >> i know. we didn't quite make it and sold off near the close but doesn't look likely to happen today as things stand lots to come on today's show we'll hear from two key market voices as the s&p 500 nears and pulls back and then hovers below that all time high dan niles and mohammed larian will join us we'll discuss the growing china fallout with carl
lunch" says good-bye for now see you tomorrow >> thank you welcome to "closing bell," everyone i'm sara eisen with wilfred frost. a choppy session let's look at what is driving the action initial jobless claims coming in under one million for first time since march. we're still way above prepandemic records. another official cause of a stalemate, no movement in washington and another stimulus bill and relief for the millions of unemployed still not much movement there....
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Aug 10, 2020
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i'm along sara eisen session highs h let's have a look at what is driving the action a surge in cyclical value names, airlines, retail, travel stocks and banks. up today tech is taking a bit of a bre l breather slowing of new covid-19 cases is helping to boost the sentiment a little bit and china tensions are continuing to simmer as beijing sanctions 11 u.s. officials and tiktok continues as a lightning rod. the s&p 500 up about 1% or so from its record high it's up about 0.3% today the dow as we said up over 1% at session highs. the sara >> crazy to see the s&p 500 just wiping out all the pandemic losses the today's show, clorox is a standout winner. up more than 50% so far this year people stock up on cleaning supplies but can the company keep up with the huge demand for wipes and disinfectants? we're going to talk to the ceo plus, we'll talk renovations, small businesses and more with the ceo of angie home services of that company reporting earnings after the bell. along with iac, tilray and many more names let's focus in on the big stories that we're watching in this final hour of tr
i'm along sara eisen session highs h let's have a look at what is driving the action a surge in cyclical value names, airlines, retail, travel stocks and banks. up today tech is taking a bit of a bre l breather slowing of new covid-19 cases is helping to boost the sentiment a little bit and china tensions are continuing to simmer as beijing sanctions 11 u.s. officials and tiktok continues as a lightning rod. the s&p 500 up about 1% or so from its record high it's up about 0.3% today the dow...
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Aug 14, 2020
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. ♪ >>> and this is "squawk on the street" i'm david faber along with mike santoli and sara eisen.let's give you a look at the markets which will open one half hour from now. we are looking for as you see there a slightly lower open although the nasdaq which has been a bit weaker at least in a couple of sessions this week than the broader market, if you want to call it the br
. ♪ >>> and this is "squawk on the street" i'm david faber along with mike santoli and sara eisen.let's give you a look at the markets which will open one half hour from now. we are looking for as you see there a slightly lower open although the nasdaq which has been a bit weaker at least in a couple of sessions this week than the broader market, if you want to call it the br
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Aug 26, 2020
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. >> thank you, kelly and tyler and welcome everyone to "closing bell," i'm sara eisen with kayla tausche in for wilfred frost. a quiet day, the dow up 30 points or so nasdaq surging on a new record let's look at what's driving the action with one hour in trade. netflix up, salesforce up 25%. an incredible move for that stock. adobe, facebook rallying as well promising news o
. >> thank you, kelly and tyler and welcome everyone to "closing bell," i'm sara eisen with kayla tausche in for wilfred frost. a quiet day, the dow up 30 points or so nasdaq surging on a new record let's look at what's driving the action with one hour in trade. netflix up, salesforce up 25%. an incredible move for that stock. adobe, facebook rallying as well promising news o