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United states. Against a massive Misinformation Campaign fuelled by Chinese State backed twitter and facebook accounts. Were live in hong kong with the latest there and its a big week for retail coming up tjx, kohls, many more reporting it is tuesday august 20th and Worldwide Exchange begins right now. Welcome to the show. Futures indicating the dow will open up fractionally higher at this stage the nasdaq up by 11 points heading into this mornings trading session, the dow is now within 145 points of recooping all of its losses from that big wednesday 800 points sell off in the dow. The s p is just 3 points away. The bond market currently in focus as well. The yield of 10 year u. S. Treasuries you can about 1. 8 1. 52 just about six basis points separating those two. That 210 spread for treasuries yesterday t ....
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaud Center Fisher i are dealing with votes going on but i called the hearing to order and good afternoon. I would like to thank Ranking Member fisher and her colleagues for joining us. Our witnesses who i will introduce shortly for secr of state issac cramer executive carolina support of Voter Registrations and elections Jimmy Nilsson present director of the Naacp Legal Defense Fund and well hear from her other witnesses because senator fisher will be introducing them including alabama secretary of state wes allen and brian kruse commissioner for the depth county election commission. More americans than ever have cast a ....
Data. And with the major indices heading new highs, trading some of the busiest gainers. And before that, we start with todays markets and dom chu has the numbers. Generally a positive week but moving not a lot. Ill show you what is happening with the broader s p 500 which is just a hair below 5300. Just about flat on the session. Again, we were up maybe around 8 points at the highs answer down maybe 6 to 7 points at the loews. So it has been very tight in terms of trading range. But coalescing right around the 5300 mark. And the dow industrials pacing the advance if you want to call it that. 66 points to. And nasdaq pretty much flat down three points on a base of 16,000. So again, very tepid moves, a calm end to the week so far. Well see what the afternoon brings. It is a week of memes and milestones. What drove the markets . The best performing sectors in the s p 500 on a one week basis had been technology, real estate and communication services. Those three again three of the best p ....
Its pretty weak overall. You look under the hood, theres the picture from the three sectors i mentioned. Financials, theyre lower too as they get ready to kick off earnings season. Citi, jpmorgan, wells fargo, all of that before the bell. Tech, well, it was one of the only decent spots today. Even it has rolled over. We show you the tech xlk etf. The nasdaq performing better lately and still on track for a relatively strong week, can tech alone carry the market higher into the end of the year as it did for the First Six Months of 2023. Lets ask someone who count thes several tech names of top holdings. With us today at post 9, joe terranova, joe a cnbc contributor. Its good to have you both with us. Amy first, were still worried about rates, obviously. Weak auction, cpi, ppi, both a little hotter than expected. How do you see it . Yeah, i think, you know, the market is obviously on its toes. Youve got higher for longer. Thats th ....
After more than a decade at war, the u. S. Military could undergo a major shift. Today the defense secretary proposed changes to the armed forces. All branches will be affected, the earn taking the biggest hit. We have the details. The army will shrink to levels not seen in more than 70 years, but this is still a very hefty budget, 469 billion. It was secretary chuck hagel said today it reflects the current budget realities without compromising National Security. With the war on iraq over and the conflict in afghanistan winding down, the pentagon says it is time to propose its first nonwar time budget in 13 years, one that shifts the focus of the military to a smaller, more agile force. The reality of reduced resources and a challenging and changing strategic environment requires us to prioritize and make difficult choices. Some of those choices we must make now. Among the proposals, a much smaller army. The army grew 570,000 t ....