A day. Yesterday that was a big head wind as the market did get up the s p just to the cusp of those old highs. We did it without the help of technology, of the big Growth Stocks everyone is talking about this rotation the nasdaq has had yet another of its fairly routine pullbacks so far it has bounced to maintain this up trend today yes, tesla helping it, but really it is the old favorites as well, just picking up the slack and the s p is right back to yesterdays afternoon highs before we had that shake out going into the close. Julia, david faber mentioning last hour the passing of Sumner Redstone, a legend in the content world. Coin that phrase content is king. Has a bit of feeling the end of an era, of course, he lived well into his 90s but what are your thoughts on what a figure like Sumner Redstone meant in his prime and who is defining this era right now. Well, certainly, jon. He was the ultimate media mobile of that raera. He was responsible for the consolidation of so much con
Only on in this crisis i took what some would say heavy handed approach i actually did use our National Guard to monitor cars coming in from other states and including new york to ask them to go into quarantine if they were coming from a place like new york city that was a hot spot and i did take a little flak at that time for that approach but the truth of it is. Like ive said rhode island the only state in america where weve tested 20 percent of the population hospitalizations are going down business has been open for months and i have to do everything that i need to own in order to keep commerce flowing in my state without hospitalizations going through the roof. And our station has rolled out the innovative crush kovi a Smartphone App which jumpstart its Contact Tracing and Contact Tracing is the ballgame ambitious and successful as all of this has been here we are geographically the smallest state imagine a place where people come from all over the world all the time with all kind
Coronavirus hitting the Republican National convention, President Trump canceling events in jacksonville, florida as cases spike in the state. The cdc pushing for the reopening of schools, saying it is critically important for our Public Health. How about the future of the country . And unrest in america, another night of protests in portland, plus demonstrations erupting in chicago outside of the mayors house. And play ball, the baseball season finally gets underway with a wild pitch from dr. Anthony fauci. He tried. Plus, our weeklong look at instagram stars comes to an end with the people behind some very funny and pop o popular memes. The cofounders of my therapist says join me live with the secrets behind their viral post. Mornings with maria is live right now. Checking on Global Market action, growing tensions between the United States and china leading to losses around the globe. Europe, you see there, red across the board. Losses north of 1 in england, france and germany. Asia
A place like new york city that was a hot spot and i did take a little flak at that time for that approach but the truth of it is. Like ive said rhode island the only state in america where weve tested 20 percent of the population hospitalizations are going down business has been open for months and i have to do everything that i need to in order to keep commerce flowing in my state without hospitalizations going through the roof. And our station has rolled out the innovative crush kovi a Smartphone App which jumpstart its Contact Tracing and Contact Tracing is the ballgame ambitious and successful as all of this has been here we are geographically the smallest state imagine a place where people come from all over the world all the time with all kinds of germs i am describing Las Vegas Nevada which got it tough with unemployment during the shutdown what is the state of affairs in sin city now lets ask the author of cocktail waitress wisdom a life Lessons Learned while carrying a tray i
After an unexpected spike in jobless claims. New fears that the u. S. Economy will not recover any time soon. Amazon, alphabet all dropping more than 3 . Microsoft falling on the back of its Earnings Results after reporting a slowdown in the cloud and even tesla dropping, despite beating earnings. For more on the selloff, i want to bring in Abigail Doolittle who has been covering the back and forth. Investors see reacting to the bad news, which honestly we see week after week. What drove the pessimism today . Reporter its funny you should say that because we finally have something to talk about. Instead of all these choppy little intraday volatility days, it has finally translated into closing volatility. The s p 500 down more than 1 , its worst day in about a month. The nasdaq 100 down more than 2. 5 . Its worst day in almost two months. Index chip index also lower. And behind it, all those mega cap numbers. Even though the selloff hit midday, that was the first rise or move in the wr