Finally closing in on its former record. That goes back to the very beginning of 2022. It is going to complete that market that the average stock has not been participating. Nasdaq positive, work in the second three alltime high. Momentum chase in semiconductors refuses to quit for now. Nvidia surpassing two trillion dollars in market cap as dell, strong results after close yesterday triggered a feeding frenzy along the have we changed. Gained despite continue Malaysian Apple shares. And regional banks and related to nerc regional bank. That brings us to the top of the take. How hot is too high on the verge of the market . Lets ask cameron dawson, inouye wealth chief investment officer. We have momentum. There is nothing you can deny about that. On the other hand the s p 500 is 13 or 14 above its twoday average. It is looking stretch throughout these different metrics. We can go bass and say, january, february, things tend to follow through to the upside. It felt like this was the week
Green for much of the section and that is still the case. The russell 2000 is the big outperformer. The index now up for the past five straight days. And as for tech the nasdaq 100 on an intraday basis, alphabet hitting a new high. Take a look at the picture in yields. Just about everywhere you look on the curve today they are falling. Takes us to our talk of the tape. How much room for stocks to make a run into year end . Lauren goodwin of u. S. Life investments at post 9. Thats what some people are talking about. Were setting up for a run into the end of the year. Do you buy it or no . I think well see upside in equity. The challenge for investors when youre in this late cycle environment, its difficult to get meaningful sector or even style performance for more than a couple of days at a time. Well see what weve been seeing a range bound volatile market. We have not reached a recession or a bear mark yet. What if rates continue to move lower . Thats what this is largely about, right
That goes ahead with voting and russian control, regents fishing boats and military helicopters, rescue people stranded and studied preventatives of these the we begin in india where leaders have gathered for the annual g 20 summit. Yes, president job, i met with Prime Minister under, under moody on friday, where he reaffirmed his support for india to become a permanent member of the Un Security Council. Dramatic editor james bays reports from new dallas. Its a heads of the g 20 summit in delhi, the while i pull up the us president on the air force one joe biden went almost immediately to a meeting with his host, the Prime Minister in the red drum modi. The us is currently always keen to further cement its relationship with india and the current complicated, and deeply divided. You political environment, mr. Bite and then the other leaders arriving here will find the center of this massive bustling city, has been transformed with a beautification project, costing tens of millions of do
Alignment is not the same as regulatory alignment in the future. Prebrexit mps will grow sour. It might depend on how much ambiguity there is. Ambiguity is the key, it is beautiful. It irish tea shop said himself. It means everyone can go back and claim victory. Phrase fromderful lloyd george, who created ambiguity in negotiations. Agreement signed back then. That was the whole point. Ambiguity,on and beautiful things that let you overcome a lot. Forink that is it from a us the moment. Lets see where these negotiations go. That. Thank you for Senior Investment manager at aberdeen standard investment. Manus lets get the first word news with juliette saly. Juliette the u. S. Congress is passed asap two week extension that ever take government shut down. Untilers now have december 22 to settle some larger issues on spending and legislation. At the same time, they will rush to finish work on tax legislation before leaving washington for the holidays. Germany has moved a step closer to a ne
Right now. Good morning warm welcome to Worldwide Exchange. Im wilfred frost. Sara eisen is off today. Here are the latest developments on maria the hurricane making landfall overnight on the caribbean island of dominica as a category five storm. It weakened slightly within the past few hours to a category 4 storm. But forecasters warn maria could strengthen as it approaches the Virgin Islands puerto rico is also in the crosshairs well bring you the latest updates on Hurricane Maria as we get them were following a developing story out of Southern California a magnitude 3. 6 earthquake shook parts of los angeles it happened around 11 20 p. M. Local time residents as far away as costa mesa felt the rumble there have been no reports of injury or damage due to the quake. Americas largest toy store is filing for bankruptcy protection toys r us announcing chapter 11 filing late last night. Its one of the largest ever by a specialty retailer the move comes as toys r us looks to relive its 4 4