session, markets across asia were all a lot lower. today thatis were all a lot lower. today that is continuing. if we look at wall street, because michelle mentioned the fact there was a sell off on wall street, look at the tech waited nasdaq, down 2%. the snp 5000 the nasdaq, down 2%. the snp 5000 the snp 500 nasdaq, down 2%. the snp 5000 the snp 500 down 1.38%. let s speak to chris beauchamp, chief market analyst at ig. as far as the share markets are concerned, do you think this was an excuse to take some profits? because certainly for japan on wall street, they ve had a good run lately. exactly that, ithink had a good run lately. exactly that, i think we had a good run lately. exactly that, i think we are had a good run lately. exactly that, i think we are now - had a good run lately. exactly that, i think we are now intol that, i think we are now into august, trading moves can be exaggerated. if you look at nasdaq with tech stocks, that was up 40% on the year. this do
before our eyes in real time. and then you have defense spending and that s never been more important than now right? wall street journal writes this because nobody s chipping in, canada writes that only 1.38% of gdp on defense. and yet, the canadian leader was therefore the meanings of lithuania, get a credit for being there without pointing up with the responsibility and duty should be. the europeans are spending far more, the germans are even sending tanks and that is inconceivable for something like that to happen before the invasion. janet as far away but the only geopolitical challenge they really have on the borders is the thing they see as a priority. they have to increase defense with coordination and capacity. the given how the canadian capacity is going in the enormous a lack of support by spending more as the social services and the rest, they have the same inflation problems
budget case and unprecedented $1.38 on a problem. the office says there are more than 4000 people off the streets january . here s what we sawon our latest visit . as you can see homelessness, poverty and crime are prevalent as ever. it s the struggle for the businesses and employees like one business on we ran into . earlier that day is coming and is on fire is in a holistic sign the source of their money arrived. watch.
budget case and unprecedented $1.38 on a problem. the office says there are more than 4000 people off the streets january . here s what we sawon our latest visit . as you can see homelessness, poverty and crime are prevalent as ever. it s the struggle for the businesses and employees like one business on we ran into . earlier that day is coming and is on fire is in a holistic sign the source of their money arrived. watch.
state with the highest cost of gas which surprise/surprise is not california. washington state has now replaced california for that honor. regular gas is now 9 cents more expensive in washington state than california. california of course notorious for high fuel prices. but americans overall are paying a lot less for gas today than they were on the first day of summer last year. down about $1.38. looking at markets, asian markets finished lower. hang seng down nearly 2%. people are concerned that the stimulus efforts are not enough. european markets are lower as we wait a rate decision. stock index futures leaning down just a little bit. but third down day for markets yesterday. nasdaq fell more than 1%. s&p had its worst day this month after the fed chief said more rate hikes are likely to come.