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Change the outcome . Matthew whitaker in that. Bill barr is looking into election irregularities. I will ask former utah congressman Jason Chaffetz why it is so important to let the Legal Process continue. All that and so much more on making money. Charles so the stock market had been all about the have and havenots for couple years. More so this year with the work at home stocks taking off like into outer space but now tech source that sorely underperformed are surging, and doing it with the kind of vigor we normally associate with megagrowth stocks. The nasdaq came into the session up more than 30 for the year. Since october the story has been the small cap names. Russell has gone from the worse to the first, from worst to first over that short period of time. Many investor are saying stop the crazy stock market. I want to get off. Should they instead rotate into the beaten ....
Stratus clouds that are kind of broken up a little bit crunched up 60s and some 70s off to the east bay you will notice 50s cover the north bay 59, san jose 60 for San Francisco where a pretty close to yesterday, although action midday, were little bit warmer by a couple degrees cooler in the south and the north. Fog patterns kind of interesting as we go through this here. Breaks up a little bit by the late Morning Hours. But then actually returns by this Late Afternoon to get around San Francisco, even the east bay and then dissipates just before dawn on sunday. This is all with this frontal system moving through providing a few little stray showers for your saturday looks like breaking it down for years how it comes 66 by 11 oclock we try to get some clearing in here ....
Provide administrator to provide information about security protocols with chinese behemoth tencent. Meanwhile, bytedance and oracle have tentatively agreed to a deal has to be approved by the Chinese Government, and there is significant confusion about timelines. Lets check in without markets ended the day with senior markets correspondent scarlet fu , leading declines but outperforming all year. What has been happening . Scarlet there was a lot going on and to some extent, you can blame the federal reserve, j powell saying rate will stay at current levels, lower for longer, but investors were expecting a dovish surprise and were left hanging. When you look at equities, most of the damages from the large cap, big tech names, but it was a broad decline, eight out of 11 sectors in 20 active 24 sectors finishing lower. Outperformance today were value encyclical stocks. If you look at the past two weeks, it has been a clear theme ....
Nasdaq up 151 points and looking to open about 31 points higher it has been a wild ride for investors all week the dow and s p are down over 2 the last three trading sessions the s p on pace for its worst twoweek performance the nasdaq has been a big mover. A lot to chew on after a tough week true, andrew. Tough in that it had been up so much we sort of glossed over september 11 19 years when you say it, dont you say, oh, my god, september 11 for you, it is about half your life for me, about a third of my life it went really quickly 19 years i remember so well mark hanes and Everything Else that happened. Year after year, constantly on september 11, it is amazing how quickly time goes. Since last year, weve seen our share of tragedy as well up until this pandemic, well see how history looks at all of this i would argue that 9 11 was the most consequential thing that happened in the past 50 years, maybe 100 years with security and ....
Gained 160 points, but the nasdaq dipped 3. 4 we still care about the federal reserve. They know nothing just kidding. Or the president s speech tonight at the Republican National convention. But the core question is very simple, do you think we can beat covid19 sometime soon or are you expecting it to plague us into next year that can be difficult to see today, we were obsessed with fed chief jay powells big speech at jackson hole we parsed every word, and it wasnt worth parsing he was a prisoner of the flimsy orthodoxy, but these days he doesnt want to be the reason the economy falls apart. Hes saying forget the foolish ways of the past 40 years of fed chiefs his goal is to help the economy, period, until the pandemic lifts. Its joyful. Hes really smart and good guy thats a stock market like a supermarket. There are some aisles we want to go to when the virus is raging, and theres others we want to go to when its on the rop ....