Here all three of them in the red today. As you just saw the dow finishing down 130. The s p down 28, the nasdaq down 140. We were concerned it was going to slip further into correction territory. Did not do that but not by a lot, my friends. What was going on there . Big tech, momentum stocks having the most trouble here today as we start to think about the recovery, is it real, whats going on with the concerns that the improvement in the economy may not be what we need . The momentum stocks, apple, amazon, youre seeing them here on your screen, microsoft, google, facebook, all down more than 2 . There are big concerns about valuation. Are the stocks too rich. They led the downturn today. They are extending declines from yesterday. I should mention here tesla snapping a five day winning streak. That is not nothing. What was at the roots of concerns . Concerns about the recovery. Weekly jobless claims coming in. 860,000 workers filing unemployment claims. That is below one million for
Jobs saying it has to shrink to survive the pandemic and. Russia stages ground world war 2 parade storing patriotic fervor ahead of a vote that could extend that of evolutions presidency. New growth of ours cases in the u. S. Have risen to their highest level in 2 months thats now recorded almost 2 and a half 1000000 infections and 121000 deaths and researchers at the university of washington and now predicting that nearly 180000. 00 could die by october about half of the 50 states is seeing a surge especially in the self and southwest cases arising in the states seen hair and dark orange falling in those shaded gray light orange states are considered steady. And York New Jersey and connecticut have imposed quarantine perrie its for travelers from states with the highest infection rates we worked very hard to get the truck viral transmission rate damn we dont want to see it go up because a lot of people come into this region and they could literally bring the infection with them the. I
Indonesia says it plans to send them back out to sea. And australias Biggest Airline quantas is set to cut 6000 jobs saying it has to shrink to survive the pandemic. New coronavirus cases in the us have risen to their highest level in 2 months its now recorded almost 2 and a half 1000000 infections and 121000 deaths research is that the university of washington are now predicting that nearly 180000 could die by october when about half of the 50 states are seeing a surge cases are rising in the states seen here in dark orange and going down in the grey estates shaded light orange a stable experts say large parts of the country are on the verge of becoming overwhelmed is mike hanna. Cases of the virus are peaking in at least 9 u. S. States most of them ones that dropped mitigating measures earlier than others like texas where the number of people being hospitalized has doubled in the past 2 weeks and people got complacent people got a little bit overly confident in our ability to manage
A 100 rangar refugees now indonesia says it plans to send them back out to sea. And australias Biggest Airline qantas is set to cut 6000 jobs saying it has to shrink to survive and. New coronavirus cases in the u. S. Have risen to their highest levels in 2 months its now recorded almost 2 and a half 1000000 infections and 121000 deaths researches the university of washington and now predicting that nearly 180000 could die by october what about half of the 50 states are seeing a surge cases are rising in the states seen here in dark orange and going down in the grey the states shaded light orange a stable experts say large parts of the country are on the verge of becoming overwhelmed his mike hanna. Cases of the virus are peaking in at least 9 u. S. States most of them ones that dropped mitigating measures earlier than others like texas where the number of people being hospitalized has doubled in the past 2 weeks and people got. Complacent people got a little bit overly confident in our
A 100 bringing the refugees now in the major says it plans to send them back out to sea. And australias Largest Airline quantas is set to cut 6000. 00 jobs and it has to shrink to survive the pandemic. New coronavirus cases in the us have risen to their highest level in 2 months its now recorded almost 2 and a half 1000000 infections and 121000 deaths and researches at the university of washington and now predicting that nearly 180000 could die by october when about half of the 50 states are seeing a surge especially in the south and southwest cases are rising in the states seen here in dark orange going down in the grey the state shaded light orange a stable where new York New Jersey and connecticut have imposed quarantine periods for travelers from the states with the highest infection rates. We work very hard to get the truck viral transmission rate down we dont want to see it go up because a lot of people come into this region and they could literally bring the infection with them