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Meanwhile Federal Reserve not even thinking about raising rates now. Fed chair jay powell saying the current economic down torn is the most severe in our lifetime. Warning containing covid is essential to protecting our health and the economy. Big tech in focus all reporting today, their earnings after the bell, ceos grilled on capitol hill yesterday about anticonservative bias, Business Practices, privacy and china. Highlights from the fiery hearing coming up. Markets this morning pointing to selloff at the start of trading. Take a look at futures indicating decline 216 points right out of the gate, s p lower by 28. Marks rallied yesterday following Federal Reserve decision. The market was up 160 points don oh dow. The nasdaq up 140 and s p up 40 points yesterday. Unrest in america with violence in major cities. A ....
Nejra che risch nejra cehic in london. Futures turning negative. We are positive in the Asian Session but that could have been a technical bounce with the s p futures dropping below the 30 day rsi. Looks like we could see another day of losses. , down threeyield basis points. Two year yield a three year low. Lasthit that record low friday. Pricedh gloom is being and the Global Pandemic. The yen has been strengthening for days. Losses below 50 a barrel. Bob iger is stepping aside in a surprise shakeup. The as executive chairman through 2021. He takes over the immediately. Chapin we have someone we know very well. The thing ive really taken away from bob igers legacy is get the content right and Everything Else follows. Senator Bernie Sanders felt the burden of his f ....
Plot to overturn the 2020 election results. Military mantas, a republican United States senator from alabama holding our National Security hostage over abortion rights. What it will take and this a month stalemate on Military Promotion to hand. All of that and more is coming up. And good Sunday Morning to you all. I am katie phang. We begin with Breaking News on hurricane hilary. National Weather Service forecasters have downgraded hillary to a category one hurricane with sustained winds around 85 miles per hour. Overnight, california governor, gavin newsom, declared a State Of Emergency for ....
Dow advancing 47 points. S p gained. 52 . But the nasdaq jumped. 9 . Hallelujah with todays strength its important to note that the nasdaq and s p both finished the month of february at record highs. Something i regard as quite simply amazing given all the woe and worry that we endlessly hear about. What fueled todays rally . Its actually a complex formula of emotion and Empirical Data ware widespread sense of negativity gets proven wrong and remember, why we like stocks shines brightly. Smashing the allencompassing gloom. The house of pleasure lets start with the setup. We get data from all sorts of places the census bureau, bureau of statistics, bank of st. Lou, s p global, commerce department. Often these figures dont mean a hill of beans but periodically when the fed is in play they can mean everything. Especially if you know that the fed cares about some pieces of data more than others. Right now the fed is very much in play. ....
healthcare, prescription drugs and more. we need to show democrats across this country that the democratic party can actually get stuff done when we have 50 democrats in the senate, and i think that s where we are right now. so i m all about forward looking, brianna and hello, joe manchin. happy to have you. a new effort to form a viable third party, names from the right, left and center say they will succeed where others failed. soon we ll hear from the president of the united states live at the white house. he ll tout big progress on his agenda, a senate agreement that includes new climate and new health care investments. a package, the president will say in a way that will also take a big bite out of inflation. it is a smaller, but still significant piece of the giant goals the president and has party had back in the beginning of his term. the white house event is a presidential push to get this new senate deal to the finish line and, make no mistake, it is a pre ....