00:00all right futures under a bit of pressure here this morning after the weekend S&P futures down
00:110.32 percent the Dow down 0.35 percent and the Nasdaq down 0.36 percent so weakness across the
00:20board on the futures here this morning let's go ahead and take a look at some cues from last
00:25session here information technology utilities and communication services stocks recorded the
00:31biggest gains on Friday as most sectors of the S&P 500 closed on a positive note however energy
00:37and real estate stocks bucked the overall market trend closing the session lower U.S. stocks settled
00:43higher with the Dow Jones hitting a fresh record high for the week the S&P gained 1.2 percent the
00:51Dow added 1 percent and the Nasdaq surged 2.2 percent all three of them hitting new all-time
00:56highs among mega cap movers Apple jumped 3.2 percent on strong demand for the new iPhone 17
01:03in China pre-orders topped those of the iPhone 16 in just one minute that helped Apple shares climb
01:10above the 245 which mark which is their highest level since February of this year on the economic
01:17front the Baker Hughes oil rig count rose two point or rose by two to 418 in the last week
01:26on Sunday President Trump said media mogul Lachlan Murdoch and tech leaders Oracle's co-founder Larry
01:34Ellison and Dell CEO Michael Dell take part as investors in a proposed deal to transfer TikTok's
01:42U.S. operations from the Chinese parent company ByteDance to American ownership speaking on Fox
01:50News Sunday briefing Trump praised the group and called them quote American patriots end quote
01:55that came from Reuters he also cited TikTok with helping him connect with younger voters during the
02:012024 presidential race on Friday Trump confirmed he had spoken with President Xi Jinping Chinese
02:08President Xi Jinping excuse me calling the conversation progress and said that the two leaders would meet
02:14at the Asia-Pacific Economic Cooperation Summit in South Korea on October 31st this is important because
02:21this gives us a key day meanwhile the 10-year treasury bond continued to tick up to 4.12 percent
02:29and the two-year bond yielded 3.57 percent
02:33you
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