Page 7 - Technology Sector News Today

Any new stimulus in sight. And that tiktok trade, you cant really trade it, can you, because its not a public company, but bytedance is formally seeking chinas approval for a deal with oracle and walmart, those are two publiclytraded companies. Yes, they are, jim lets talk markets lets start with that. You know, its funny, i dont know what you make of the pull back today, to the extent we are going to have one or what weve been seeing in apple lately. I keep wondering coming back to that softban...

Hell show you how to plug in with the right circuit breaker. And in this market, elmer fudd might have said, be very quiet, im hunting yield but in either trading or toons theres always a pesky wabbit to beware of. Options action starts right now lets get right to it the Home Construction trad on fire this year with both the xhb and itb up double digits the rally comes as Mortgage Rates hit new lows and home bound americans tackle Home Improvement projects but our chart master carter worth tells...

Or highs just yesterday alone. Bit of a pullback today. As for the nasdaq, yeah, it closed above 12,000. There was a massive runup in tech stocks again, a pullback is to be expected, and take a look at that, thats what weve got. Got it. Next, vaccine news. Very positive. The centers for Disease Control is telling states to get ready for Vaccine Distribution on a large scale come november the 1st. Which vaccine . Dont know, but this is a firm date and, of course, its right before the election. An...

This follows the fed chair powells comments on an uncertain economic recovery. Airline stocks are lore wer as e group pushes for more money. Time we got the details on that. Later moderna laying out its time line for vaccine as President Trump and the cdc contradict each other about when one will be fully available to americans. Maybe were splitting hairs a little bit maybe not. Well separate fact from fiction. Kelly, bye it feels strange to be this close to someone other than any husband. Lets ...

Predictability. Strong winds blanket the bay haze fromdark, thick wildfires throughout the state, rolling blackouts as firefighters prevent more fires from breaking out amid extreme weather conditions. Joining us now in new york city, bloombergs abigail doolittle. I hope you have clearer skies than we do today. I want to talk about the tech rebound, the biggest rebound after the worst stretch since march. Saying you nailed it the only certainty is volatility. That is going to continue, it seems ...

Contraction for the australian economy. Worse than anticipated, but investors with a moment shrugging that off. Chinese markets under pressure. Quickly moving it along, having a look at what else is going on out there and doing that, of yvonne. With yvonne lets start with that aussie gdp number. The second consecutive quarter for the three months through june. And thee first first technical recession in 30 years for us trail you Australian Household spending well by 12 as lockdowns and restricti...

Sides of the atlantic. 1 , tech00 up 4 10 of doing the heavy lifting. The stoxx 600 up 6 10 of 1 . Euro weakness today. It started before the durable goods number and the news out of berlin. Weakness in the russian ruble. Isssure from belarus increasing on moscow and the ruble is taking it harder as a result. Keep an eye on japan. There is a press conference with it is friday and fascinating to see where we go. European stocks lagging their american peers. This anlysts calling opportunity to shi...

Take a look at gain better than 2 . Nasdaq futures up 130 and s p futures up 32 points. Dow, nasdaq and s p 500 marking marking second consecutive week of losses on friday, big bounceback from that, on friday you had as you see markets lower, new fox poll new fox news poll show the 2020 race is narrowing, President Trump and joe biden taking their messages to swing states but just over now 50 days to go until election day. Plus, how you can live like the fresh prince of bell air courtesy of will...

Correction from the march lows. Joining us is a chief market technician. Nasdaq, what is the level that we stabilize at . That is a great question. I think rather than looking at the levels, i think it is more about duration. We need more than one or two days of selling to alleviate the excess that we have built up over the last few months. Anybody who has been following the markets, equities seemingly have grind it higher every single day, so there is a lot of excess, a lot of exuberance built ...

How have you been. We call ourselves partners in crime. That we are not going to talk about the crime part of it, just to the partner part. What has been interesting since ive been in the position of library of congress is the fact that people ask me what does the National Archives do. What does the archivist do a and then theres a confusion around the history and the role of each of the institutions, and ive learned a lot about that even in coming up to reclaim the declaration of independence, ...