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Claims. 1. 3 million last week, and that is the 15th weekly decline, so the downtrend continues. However, 17 million are still unemployed and still collecting benefits. Ive got two big tech stories for you. First off, the twitter hack. Fake messages appeared from big name celebrities. It was a bitcoin scam. The important point is the hackers took over the platform and could have sent out messages to disrupt the market or the election or anything. They showed they could do it and that is a huge problem. Stocks way down. Second tech problem, the top court in europe will restrict the transfer of the personal data of europeans to american companies. They are worried about our surveillance of them. This could severely disrupt big tech operations and big tech stocks are down. While stocks generally are moving lower, especially those technology issues, the dow, we are looking at a minus 180 at the opening bell, down 21 for the s p and really, the nasdaq taking it on the chin. Again, technolog ....
Expectations for users and ad revenue. A drug also showing some positive results that may have been getting investors some optimism. To facebook, tesla and microsoft in a moment. Lets bring in taylor riggs to wrap up the day that was. Information showing that gdp pal gdp fell 5 . Maybeas thinking that things were not as bad as we think and that there was a sign that things could stabilize if not improve. You could say that was going on in the markets all day long. We got that data of a 4. 8 percent drop in gdp. Markets were already shrugging it off. Looking ahead to that news that we got from gilead. Tech is doing the best stuff. 3. 6 today. Those smallcap stocks are also some of the biggest out performers as we talk about how to reopen the economy. Gilead sciences was the driver behind all of this. They were up 5. 5 . Helpedxperiment drug coronavirus patients recover more quickly. Some 11 days instead of 14 or 15 days that was initially expected. Dr. Fauci came out and said this was a ....