To buying and selling friends across the country. We begin with dom chu with the latest numbers. Its green across the screen, but the tech trade, which has been the leader for the last several days, and even months and quarters and years at this point, is the underperformer in todds trade. Well go through that in a moment. Its the dow up nearly 300 points, three quarters of a 1 gain there. So a laggard is the leader in todays trade. The s p 500, the broader measure, 5170 the last trade there, up about 20 points. At the highs, we were up 23. So near session highs. We were down 18 points at the lows of the session. Up one half of 1 there. And the nasdaq composite up 16,151, up 48 points, roughly 1 3 of 1 . So its the laggard in todays trade. I mentioned the technology trade. Crypto is part of that narrative right now. Bitcoin prices, currently down about 3. 5 , 64,800 and change. Remember, just in the last several days, bitcoin prices were above 73,000. Eit ether prices were above 4,000.
To keep up productivity. Republicans on the panel push back. We will show you portions of the hearing. If you want to comment on the week or if you approve of it or create new problems or opportunities you could call us on the lines and tell us what you think about a federally mandated 35 hour workweek. Texas if you wish at 202 7488003 and post on facebook and on x. The lead up to that hearing which you can still see on their website at cspan. Org and the apis cspan now taking aosal sag a press proposal saying workers share in the massive increase driven by Artificial Intelligence, automation and new technology with lead to a 32 hour workweek. American workers are 400 percent more productive than they were in the 1940s and millions of americans are working more hours for lower wages. This has got to change. There are text Available Online but senator sanders deduced reduce the standard work we to 32 hours. Lower the maximum hour old forovertime pay for work days longer than eight hours
Higher than expected. Plus tesla shares, well, they continue to have a very rocky ride this year. In fact, they are the worstperforming stocks so far on the s p for 2024. Another firm cuts their price target on that stock. And former treasury secretary Steven Mnuchin telling cnbc just last hour that he is putting together an Investor Group to try to buy tiktok or the u. S. Business of tiktok. Lets begin with the Market Reaction to ppi and retail sales as well. Last months decline, a little bit tight. As you mentioned, the market trying to look past it, struggling to do so, maybe. Cpi this week, you had these big treasury auctions that maybe we thought it would knock the market potentially off course. Now, there was a hiccup lower in the indexes, and bonds definitely are registering this hotterthanexpected inflation number. Tenyear up to 4. 22 . If this were an acutely feddependent stock market, it might matter more on a daytoday basis to equities. Its not been the case. If you dial bac
And suggested mr netanyahu risked making his country a pariah. Republicans have already hit back at his words. Schumer is one of americas highest ranking jewish politicians and a close ally of President Biden. Heres some of what he had to say in the senate. The fourth major obstacle to peace is israeli Prime Minister Benjamin Netanyahu, who has all too frequently bowed to the demands of extremists like ministers smotrich and ben gvir and the settlers in the west bank. The State Department has responded to Chuck Schumer s comments, stressing they are not a reflection of President Bidens position. Obviously, congress is an independent branch of government. I think the government of israel understands quite well how the Us Government works. They interact frequently, notjust with members of the executive branch, but with members of congress, including senator schumer, who has travelled to israel a number of times over the years. And im sure they fully understand that he speaks for himself.
Republicans have already hit back at his words. Schumer is one of americas highest ranking jewish politicians and a close ally of President Biden. Heres some of what he had to say in the senate. The fourth major obstacle to peace is israeli Prime Minister Benjamin Netanyahu, who has all too frequently bowed to the demands of extremists like ministers smotrich and ben gvir and the settlers in the west bank. The State Department has responded to Chuck Schumer s comments, stressing they are not a reflection of President Biden s position. Obviously, congress is an independent branch of government. I think the government of israel understands quite well how the Us Government works. They interact frequently, notjust with members of the executive branch, but with members of congress, including senator schumer, who has travelled to israel a number of times over the years. And im sure they fully understand that he speaks for himself. Hes obviously someone we are in close contact with, but not a