Also, also trading at a record. Small caps lagging recently as investors try to flush out with the prospects are for tax reform, because this is seen as a group that is particularly receptive to any kind of tax cut. Everything since last years elections, you saw outperformance initially and through the long fade. Particularlynce, in the last week or so, this is i should imagine the russell 2000s performance relative to the s p 500 so we are still positive post the election, near breaking even or even with the s p 500s performance in august. One proxy we are watching for tax reform. As for what is leading large caps, technology is the big winner, up over 1 . They are performing well in the session. The only group down on the day is telecom. Health care bouncing back, i will talk about that today. Bounceig cyclically led we are watching in todays session. Take a look at one stock that is a standout, whirlpool. You can see the lake up leg up. That appears to be connected to the Internatio
If you look at volume, it is certainly borne out that way. This is the s p 500 svs index. We are running at volume about 30 average today, so a lot of ahead of out of office the christmas holiday, and my producer tells me we have not seen a move up more than 113 sincen either direction 2011. Moving on to one of the other big stories of the day, lets look at bitcoin. We can see that it is extending the slump for the fourth day, byling to about falling about 30 earlier today, but in the meantime it has pulled down a lot of associated bitcoin and stock. Ain overstock here also down by about 4 . That is the online retailer that accepts bitcoin, but the ceo has also said he plans to sell all overstocks ecommerce business to focus on the companys blockchain enterprise. Lets take a look at the movers today. I want to talk about nike. They are having a poor day today, after earnings it showed there was a big split in their business in terms of sales in the global side of things, which well, an
We face many dangers and critical challenges from north korea, to iran, to venezuela. We thank spain for its recent decision to expel its north korean ambassador, and for standing with us in our efforts to isolate the brutal north korean regime. It is time for all responsible nations to join forces to isolate the north korean menace. North Korean Nuclear weapons and Missile Development threaten the entire world with unthinkable loss of life. Act now to must ensure the regimes complete. Enuclearization i appreciate the United Nations Security Council voting twice , toimously, 150, twice adopt hardhitting resolutions against north korea. I initially we initially initiated tough new sanctions for those who do business with this outlaw regime, and applaud chinas action to restrict its trade with north korea. And in particular, i applaud alla for breaking off banking relationships with north korea, something that people would have sought unthinkable even two months ago. I want to thank pres