Stay updated with breaking news from Tracie mcmillion. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Cases surged across several u. S. States, while hong kong and tokyo report new high marks, and india considers new lockdowns. Wall street banks capitalizing on the Federal Reserves extraordinary rescue measures with record profits. Shery lets take a look at how markets are trading at the moment. U. S. Futures are coming online flat, after we saw losses in the regular session after two days of gains. We had investors continue to rotate out of this years top performers. Zero. 7 , fell about with microsoft and apple leading the losses. We had technology, the biggest decliner on the s p 500 as well. When it comes after hours trading, netflix also slumping on disappointing results. We had a couple of elements factoring into the market resurgence of virus cases factoring into the market, resurgence of virus cases, of course, but initial jobless claims higher than expected and the smallest weekly decline since march. Take a look at what ....
I have to mention the volume is very, very substantial. Some of the peripheral markets in italy trading down very, very sharply today. 5. 5 . Y tenyear is catching a bit with 48. Daxie, let me show you the over here. A lot of people were short long. We are getting a squeeze when it comes to the b stocks. 73 74 move of stocks. A huge gap higher. Vonnie . Vonnie coronavirus concerns battling Global Markets at this hour. Italy is at the epicenter in europe, reporting a seventh death at 219 are now confirmed positive for coronavirus. Infections spiking in south korea and iran. Cases reported in afghanistan, kuwait and the total number of cases in china now up over 80,000 and the death toll topping 2600. Markets are adjusting. We are joined by Tracie Mcmillion from wells fargo. Joining us from charlotte, north carolina. What do you do in this environment were all major off in s ....
Amazon. Ie amazons itself created amazons selfcreated holiday. According to channel advisor, the 2016 sales on prime day are similar to what we saw in 2015. Not changedad been much on the day. We will get more details on the numbers later in the day. Based on the pace of buying so far, channel advisor does a indicate the u. K. That prime day cells were up 11 as of noon. Prime day sales were up 11 as of noon. Aazon aside, it has been strong day. The s p and now on track for record closes. The nasdaq has turned positive for the year. This action has continued to send valuations of the s p 500 higher. This is the pricetoearnings ratio of the s p, going all the way back to the 1950s. ,he green line is the average 16. 5. As we approach 20 here, we are trading well of love thats well above those levels. We are trading well above those levels. We see a rally in energy, southwestern, freeport copper and gold and Chesapeake Energy highe ....
In a recent episode of 'Closing Bell Overtime', Dana D'Aurio, Co-CIO of Envestnet, and Tracie McMillion, Head of Global Asset Allocation Strategy at Wells… ....