Bit of again have a cyclical or rotation reopening rotation happening with the financials, materials, real estate to the upside. On the bottom we have tack. Financials are not being helped today. Bonds selloff. Intel,ight down by putting up a disappointing, lackluster guidance. The first down week for stocks in four weeks. David as we have talked about although sponsor comeback a little bit they are still at or above their range. The dollar is still down a bit. Abigail you are right about that. With bonds it is interesting. If you put the dollar in there, it is climbing as rates go higher. That has not been happening. What makes the bond rate so interesting is it has pressured stocks. Last three over the months has been basically stuck in this range. This decline turns into something bigger, we could have the s p 500 go back towards the september low. My sense would be what you are talking about. The opposite happening for yield and pressuring stocks down. We saw that back in june. Tha
Internet stocks popping higher, even with netflix in the mix. The at the david at same time when the equity markets do not give us a clear picture, we look at things like debt, the 10 year yield on u. S. Government debt, and also the dollar. Is there some thought that stimulus may, in is that affecting the dollar and debt . Theail absolutely, that is bigger driver on the day. When we take a look at the 10 year yield bond, we have bonds lower, that tells us yields are climbing higher. We have the 10 year yield starting to pop out of the middle of a range. Should that continue, and it seems likely to press up closer to 1 , and of course that is coming on the narrative stimulus is around the corner at some point. Then the idea you will have yields continuing to climb. At what point does that spook investors for a variety of reasons . Earlier today it is 1. 5 . In june when the 10 year yield 1 ,allowed was around that is when stocks could be wobbly, selected be what we are seeing today on
From volkswagen today. The auto company, vw, just unveiling its new electric suv. It will be assembled right here in tennessee, usa. Volkswagen of America President and ceo, scott keough will give us all the details a very busy hour coming up. Johnson johnson is beginning a latestage trial of the oneshot coronavirus vaccine. Jackie deangelis with all the details. Hi, jackie. Reporter good afternoon to you, david, that is really important. Latestage testing will get to us the vaccine this is phase three for Johnson Johnson. Administration operation warp speed has four candidates now, this is the fourth one to get the latestage testing phase. Phase three for Johnson Johnson will be 60,000 people across the country and abroad. Moderna, pfizer, astrazeneca, they are the other ones right now in the latestages this is coming as the department of health and Human Services Just Announced 200 million as well to try to get certain jurisdictions ready to administer the vaccine. It will help them
Of arizona and bank of america. Thank you, president robins and thank you all for coming here tonight. Its a thrill to see you here in Centennial Hall and as dr. Robbins said, we have ambitious plans to think about the arts in new and transformative ways here on campus. I am thrilled to be leading arizona arts and our new gateway to arts experience, assets and Educational Programs at the university of arizona. The core of our mission in arizona is to ensure that all students, regardless of major have meaningful experience in the arts and the david human can early change in transform five ways it is a prime example to integrating the arts into all aspects of the University Experience and to making it a true arts destination. Tonight, were in for such a treat as we hear from two Pulitzer Prize winners john medium in kenneth you can early as doctor robbins said, david will collaborate and work closely with faculty in aerz arz arts and the college of soech and behavioral, archive as an Inv
In the Police Departments . How come abortion is a common practice of birth Birth Control in the black community . Why dont we treat africanamericans like us . We are all equal and that was his call to arms and this is prescott kane, frequently spent some time with him and me and that was her call to arms. I think it is great that the party that was not the party of segregation, was not the party of slavery, was not the party of the poll tax has its conviction that we are the party of Abraham Lincoln and jack kemp was an exemplar par exelons. David full disclosure, my wife served with you as the assistant secretary of public affairs. Tim scott has really picked up that mantle. As a matter of fact, anything we can do as a people to encourage enterprise and success in the innercity, weve got to , wet. And enterprise zone are going to take neighborhoods, communities that are ravaged and find out why. Do we need to have dramatically better schools . We never did anything about that, quite