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Today. With the dow jones average skyrocketing 530 points, s p 1. 32, nasdaq 1. 72, one point before more saber rattling with china. All sorts of beaten down stocks, though, were higher. While the covid19 winners, well, they got slammed theres just one tiny problem with this action we dont actually have a vaccine. Does that mean the stock market is getting ahead of itself lets unpack the issue first this rally is based not just on hopes of a vaccine but a firm belief that the whole virus problem...

The nasdaq outperforms amid stabilization. Concerned about the phase one trade deal as china tells state buyers to suspend orders of some u. S. Farm goods. Beijing Hong Kong Security law is straining. Shery a quick check of the markets. We are seeing u. S. Futures under a little bit of pressure, but this has we saw u. S. Stocks resilient. Markets chose to focus on positive signs of economic recovery during the regular session. We have the s p 500 at the highest since march. Gun makers rallying a...

The dollar index is a strengthening a little bit. The dxy is above 97 today. Decisionmaking the 10 year yield at 70 basis points. Crude oil not going anywhere today. 36. 37 a barrel. Have seen an interesting two days. Equities having their worst day since march and much like march, any day we saw declines of 5 or more, we followed that with a rebound today. A lot of this we have seen play out in the session so far. I want to note that the european closed a few hours ago, we saw stocks fall below...

For days before Derek Chauvin was charged with the murder of george floyd. Three other officers on the scene charged as well with aiding and abetting chauvin in floyds death, and there is no doubt the first days of those demonstrations in minneapolis were critical in the effort to force minneapolis leftwing City Government to force the mayor to force the police chief and then the prosecutor to finally act. The demonstrations in dozens of other cities around the country were organized and orchest...

Hotspot. Australias relations with china somewhere further. Beijing is turning the screws on their 13 billion education there, saying studying may not be safe. We are seeing u. S. Futures at the moment Holding Steady after we saw u. S. Stocks finish mixed. The s p 500, falling a tense of 1 , falling today after 8 10 of 1 , falling today after raising its 2020 losses. Concerns that rebounds could be overdone. Briefly topping 10,000 for the first time ever. Apple, jumping on a report that it is pr...

250point loss for the dow the Chinese Government makes the rare decision to drop its growth target for the year as primier says they are facing great uncertainty. Into remote will remain for facebook around 50 of the employees will work from home in the coming years but warn those working outside of Silicon Valley may have to take pay cuts. A warm welcome to street signs. Lets get into our top story of the day. Hong kongs government will fully comply with the governments decision. The administra...

Demonstrators and protesters there now are occupiers and squatters, seizing part of the downtown. Some six city blocks of seattles capitol hill area. Antifa and other anarchists, black lives matter and other radical left groups have gone from owning the streets for a couple of weeks to owning what they may think is permanently an autonomous zone. In just a week, calls to defund the police have turned to we are the police in at least that autonomous zone in seattles capitol hill region. Its still...

Market we have a great lineup of guests coming your way well speak exclusively with Morgan Stanley ceo james gorman. His take on the markets come back the read on the economy and the strength of the banks. Plus, you will hear from the ceos of macys, Signet Jewelers and brown foreman. Theyre joining us to discuss their path forward for their respective irz stroo respective industries. But lets begin with the Broader Market the rally, take the pause today following the rapid surge that pushed the ...

Investors move out of tech into the cyclicals. On the day, there was a sharp leg lower because around 11 00, stocks up. 2 , now down. That came on the news the florida covid19 cases rose 2. 4 yesterday relative to the previous seven day average of 1. 6 . The fear everybody has around the idea that will these protests and a reopening in the United States because despite or second wave, perhaps improving i think their cases were little bit above yesterday. You can see the reaction in stocks at thi...

Protests and the fallout from joer george floi, but the market and stocks are focused on Economic Activity, period we just keep getting good news its good news off very lowered expectations whether it be cheesecake getting a lot more people than they thought or the airlines this morning. American saying good things. Whether it be ebay pronouncing right now things are better than expected whether you talk a look at a lot of the companies that, you know, morgan stanley, gm, of course this quarter ...