Exactly mean for your money. What does it mean for your money . We have that coming up. Brickandmortar retailers are finding a way to beat back amazon so should you give them a look. President trump is saying he is battling for election inan integritity as his team battles. We are ric grenell coming up on making money. Another. Charles another intriguing session with major indices belying what is going on. Major indices slightly in the red. I got to tell you the session began with sort of two groups sitting it out and that was communications and Technology Stocks. That signaled of course this continued rotation into what im calling the normalcy trade. Then in the last hour or so the tenor of the session sort of took another turn where you started to see those sectors that signaled classic defense as lower. Utilities, real estate, consumer staples, all sort of drifting. Both scenarios have a clear message that investors are a lot more optimistic about the economy which means a broader r
Its. Wildfires destroy entire communities on the west coast of the u. S. And leave several states scrambling to control the spreading blazes. And in school the. Series to a deciding game the defending n. B. A. Champions beating the Boston Celtics to level the semifinal series at 3 games. Welcome to the news hour firefighters are battling a blaze in the lebanese capital at the site of last months court explosion it started at a destroyed a warehouse which was storing oil and tires the red cross say its threatening your warehouse with food aid this comes just a month after the blast in beirut that killed at least 200. 00 people xenophobes are reports from beirut. Another fire at the port another scare for residents of the lebanese capital port. In fear it was here a little over a month ago that a massive explosion tore through neighborhoods across beirut killing at least 190 people on. Memories of then still fresh now those living close by left their homes as the fire spread. Their westp
Ravaged the country. Dozens of wildfires continue to ban through forests and towns along the u. S. West coast destroying hundreds of heart. Breaking news from jordan fast where a large explosion has rocked the outskirts of the capital it happened in the zaka governorate about 30 kilometers northeast of amman there are reports the blast happened at a munitions storage depor or thirtys are working to put out the resulting fire that the cause of the extent of the damage is not yet and will will be speaking live child correspondent in amman in just a few moments. Well now to our other top story 9 people have now been killed and at least 300 injured in protest against the death of a man in Police Custody in Colombia Riot Police fought with demonstrators who set fire to Police Stations in the capital bogota the anger has been driven by a video showing 43 year old boy or dollars being repeatedly shot by officers with a taser stun gun he later died in Police Custody police say hed broken coron
Jim, jon and shannon lets get a check on markets this hour. Stocks are plunging again. Off theirs worst levels and the nasdaq is the biggest loser of the day led by the Technology Names. The dow was up at one point this morning almost 250 points. Now has done a complete uturn and is down triple digits ina big way. Theyre off 425 points thats off the lows of the day the last couple of days, has it made you frightened of what could be to come no. Not at all i think this is healthy profit taking i think whats going on is this massive rotation from growth into value if you think about it, the russell 1000 growth index even after this pull back is up 21 year to date you know that apple and nvidia and zoom are up 340 from the march lows in is healthy i think the rotation makes sense. The reason it makes sense is because the Economic Data continues to surprise to the up side were recovering faster than anybody thought. This is on top of yesterdays data part of consumer manufacturing now youre
Mediterranean and urges europe to unite and stand up to its. Wildfires destroy entire communities on the west coast of the u. S. And leave several states scrambling to control the spreading blazes. And in school the turnaround just falls to the saw in game 7 in the n. B. A. Playoffs the defending champions beating the Boston Celtics level semifinal series of 3 games of. Thanks for joining us thousands of refugees are searching for a shelter on the greek island of less suppose after being forced to spend the night out in the open fire swept through the countrys main camp on tuesday nights ships are being sent in by the greek government to provide accommodation johnson rubble this begins our coverage. This was one of europes largest refugee camps morea on the greek island of lesbos fires have torn through tents and dilapidated structures they were thought to have been deliberately lit by people fed up with that desperate existence compounded by corona fires they are out there. Today part