friday december 10th i'm emily mccormick |
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DATE
friday december 10th
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higher the s p 500 looking at a gain of |
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nearly one percent on the day the dow up |
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PERCENT
nearly one percent
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more than 200 points or about point six |
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percent the nasdaq up about point eight |
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CARDINAL
about point eight
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we've got the dow of 217 points a little |
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bit better than half the s p 500 it's |
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last two weeks because of the omicron |
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second um with our panel but the s p 500 |
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nasdaq up three quarters of a percent |
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113 points let's get right to the panel |
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fears that we saw over the last two |
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50-day moving average is just sort of a |
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that the two main averages the s p 500 |
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nearly four decades and yet stocks are |
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this morning six point eight percent on |
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PERCENT
six point eight percent
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perhaps a seven handle i think some |
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could have been as high as seven one |
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seven |
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and the 6-8 was actually well in line |
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be coming down pretty hard at 1.5 |
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in the spring of 2019 82 |
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the 10-year treasury was yielding over |
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10 percent |
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about an october of 2018 scenario where |
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raise rates three or four times over the |
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a correction as we did in the fall of 18 |
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craig one of the factors that really has |
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like the intersection of those two |
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reach an equilibrium whether it be 15 or |
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16 or 17 an hour walmart and amazon are |
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