Theyre raise something 130 billion in market value between them just today. Tesla, also down 4 in the likes of amazon, alphabet not far behind lawmakers continue to work on aadditional stimulus package with new details coming out about individual and corporate ap dow down 330 points with 59 minutes left in the session, sara coming up, tech investor dan niles will be here to make sense of the late day selloff in technology stocks. With the nasdaq down 2 . Plus, well talk to john rogers about his take on the market and the areas hes investing in right now. And more earnings coming your way after the close including intel, etrade, mattel and apple supplier sky works we bring you the numbers as soon as they hit the tape with one hour left of trade, lets focus in on the stories. We have details on the increasingly heated rhetoric between washington and beijing phil lebeau has comments start us off with the Broader Market and tech especially not getting the love today tech is overheated. Loo
The virus is doing a shock to workers around the world will look at how some of the newly unemployed here in the u. K. Are coping. And in the u. S. President transcends conflicting messages in small new jersey becomes the latest state to order its residents to remain at home. But a grim announcement from italy in the last few years has highlighted how far its and the rest of europe is from containing the coronavirus its own government says nearly 800 people there have died from the virus in the last 24 hours thats the largest one dates also in any country since the outbreak began in china late last year in asia where things has appeared to be improving a 2nd wave of infections is now appearing singapore reported its 1st see debts after managing to keep a lid on the outbreak while hong kongs leaders say more travel could mean more cases that the u. S. Has caused its borders of mexico and canada so all nonessential travel all residents and states that make up around a quarter of the coun
Are already baked into the market how many times did the chattering classes tell us the moves been made youd be a fool to start buy now. After another good day where the dow gained 99 points and the s p climbed 4. 64 and the new highs across the board, who looks foolish now . Baked in my derriere. Clean this up a little were all going to die look, every morning i peruse every morning i peruse the Research Published by major wall street firms you get a mixture of ten upgrades and five downgrades and most often you get a price target boost because the stock has overrun the projections. Thats about as bullish as it normally gets. Today, though, today, i counted 29 upgrades of significance and two downgrades, two baked in baked in are you kidding me baked in i am done with that i am done with hearing about baked in this is the official bakedin cake, and i am taking care of it right now. Thank you steady cam producer for my boeing knife. Why are we getting these upgrades oh, im on a diet im
Its currently sitting above 45. And the standoff, mandy. Standoff or standdown. Big one today. Still positive. Lets get right to the New York Stock Exchange and get filled in by bob pisani. Bob. We were hoping perhaps when you close wed see moves on the upside. Nothings happened. Lets take a look here. A couple of big headlines. We were there at the open. Thats where we are at the day. Vacuum volume is on the heavy side. No light august trading days in the last couple of days and the volatility has been rising in the last couple of days as well. The entire market is essentially down. The exception here is a small group of consumer stocks that are mildly on the up side. Lets not quibble. You see what i mean. Down 1 to 2 . Fear measures down a bit. What are the fear measures . Look at the gld. Gold treasures. Volatility, nice. 13 a few days ago. Now its 18. Id start paying a lot of attention when its 20. Its moving in that direction. Keep an eye on that. Weve had a lot of heavy volume. T
Welcome to Bloomberg Markets, rules and returns. We delve into regulatory challenges and opportunities around the globe. Well speak to top Market Participants generating rules. Lets dive into the Regulatory Framework here in the u. K. I spoke to Andrew Bailey and asked him about the hot topic on everyones mind and. Everyone is doing everything they can to be involved. To be out and about, making sure everyone understands what is needed. We are not finding cases as we might expect of deliberate refusal to help so i am recently comfortable with where we are. There is a lot to be done as we might expect. The rules come into effect in january. Our supervision will take over of the markets in the firms. We have done work to make sure, i expect to be taking, we will find things that are better than others, things that are going less welcome firms will tell us about that. Nejra you have already asked paperwork to be submitted by july 3. You say that many firms have met this deadline. How conc