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Dow notches fifth consecutive record high as crude oil plunges

Stocks are up at the midday mark, with the major indices (^DJIDIA, ^GSPCSPY, ^IXICQQQ) modestly in the green. The financial (XLF) and tech (XLK) sectors are leading the way up, while (ironically) the industrial (XLI) sector is the most in the redAlan Valdes, director of floor operations at Silverbear, joins us live from the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance’s Dan Roberts, as well as Yahoo Finance tech critic David Pogue, and Mark Martiak, senior wealth strategist at Premier Wealth First Allied Securities.

Today on Midday Movers, we talk about:

  • Under Armour shares plunge after earnings report
  • Mixed US economic data in focus
  • Outlook for US economy and stocks
  • Greenspan: We’re in a bond bubble
  • Ford, GM auto sales disappoint for July
  • Soundcloud’s fall from grace
  • Bitcoin cryptocurrency splits
  • Uber hitches a ride with Barclays
  • Soda consumption falls to 31-year low