Live Breaking News & Updates on Insurance Investors
Stay updated with breaking news from Insurance investors. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The nasdaq was lower but it is catching up. And the dowup. 9 up by about as much. The dollar index is stronger. Still below 93. Two of the better performing stocks, brownforman which is the topperforming stock primarily thanks to a surge in spirits and of course, the Michael Jordan news. Rally,g with the equity citigroups Tobias Levkovich recently raising his target on the s p 500 to 3300. He joins us now by phone. Thank you for joining. We are a little bit higher than that right now. There is going to be a leg lower to this market. It is still going to hold up somewhat into the end of the year. We are not going to see a crash according to you. Tobias the best way to put this is the fed is going to prevent it in many respects in terms of policy initiatives where there is this fascinating feedback loop phenomenon where stock prices go down, he will start getting very worried ....
Chair, Opening Statement of the Ranking Member, Opening Statement from chairwoman waters, the witness of will be introduced, witnesses were given Opening Statement then will have two and a of witnesses and adjournment. The title of todays hearing is protecting homeowners during the pandemic oversight of mortgage servicers implementation of the cares act. Without objection that shares authorized to declare a recess of the subcommittee at any time. Also without objection members of the committee who are not members of the subcommittee may participate in todays hearing for the purposes of making an Opening Statement and asking questions of witnesses. Members are reminded to keep their video function on ....
Issues that may ultimately go behind closed doors. I think this is going to be fascinating and important how the republicans and democrats . Questionmocrats mueller. David turns out hes going to do a little more talking. Carol just before they all go out on recess. We are also walking the markets also watching the markets on this wednesday morning. S p 500 futures had a bunch of selling yesterday. S p down three consecutive days. A little bit of support here, up just about 12 point. The eurodollar 1. 13. Crude seeing some support. Concerns over the tensions continuing with iran. You got new york crude up about 1. 8 . David General Mills breaking their earnings right now, which is a bit of a puzzle to me. Net sales came out at 4. 2 billion, a little bit off estimates. 83 asngspershare was 0. 77, but they are down in premarket trading. It looks like there is a little disappointment creeping in. Carol the stock is up about 38 this yea ....
Stimulus, not less. Yvonne glad you could join us. We are hitting a pause button in the trading, after what seemed like a long runup in stocks. We did see the selloff when it comes to equity markets in the u. S. A lot of talk in asia about the fed and centralbank talks. Indonesia coming out later today. We could see centralbank emergence playing through in this part of the region. Kathleen isnt it interesting coming into this year, the whole story was about Central Banks moving in the direction, that they would all be heading toward the exit. Now the Federal Reserve is like, where is everybody . Everyone has their own reasons to hold tight, including the european Central Banks. I should say reasons to stay easy. Yvonne yes, that is certainly the case. We did not get a good lead up for asia. How are things looking in the w ....