Headlines and what it means for markets with our markets correspondent, abigail doolittle. Tech continues to outperform today, and it is something we have seen in recent weeks. Where is the leadership tech typically provides . It was not there on the day. That has to do with one of the headlines you were talking about, ratcheting up tensions between the u. S. And china. They have been there in recent weeks, but markets ignoring it to some degree. Last year, every other week risk on, risk off, depending on the headlines. Right now, there are concerns those headlines, the war of words between the u. S. And china, taking down tech. A lot of these Companies Receive quite a bit of revenue from china. Apple, the tech heavy weight received about 20 from china. The ship sector chip sector is super sensitive to china. We see the s p 500 tech index down more than 1 . The stock down even more. Over the last nine days, we have seen a real roller coaster ride. Last week was risk off. This week we h
God to be here. Maria investigation is turning criminal now dagen in terms of the origins to have russia probe, we are seeing more and more evidence of really exactly what went down as weve been discussing for the last 2 and a half years. Dagen ability to enpanel panel a grand jury and with bob mueller, the way special counsel worked, he couldnt report to congress, technically john durham would be able to report to congress, again, being out like keeping congress and the public informed about whats going on is going to be very important and flies in the face of what the democrats are doing in terms of this process because its not really impeachment. Maria youre right, we will talk more about that. Amazon stock down, profits fell 26 from a year ago, the companys heavy investment in terms of speed up shipment, the stock is off of the lows last night this morning but still looking at decline of 5 and a half percent, set to lose 40 billion in market value at the start of trading, mitch, yo
The dow eyeing eight Straight Days of gains on growing optimism around u. S. china trade. Weworks rocky road to an initial Public Offering. And the democratic faceoff, warren, biden, sanders dominating the debate stage. Just what their plans could mean for your portfolio stocks are chasing history this morning the dow and the s p each within 1 of hitting record intraday highs. The blue chips in the midst of a sevenday win streak for First Time Since may of last year. You have signs of a health y consumer, Government Data shows retail sales up. 4 in august, double expectations. Core unchanged, looking for. 1 but july even after that upside surprise revised higher. Is this ever putting the pressure on jay . I think jay powell is uniquely faced with a difficult decision. You posted some stuff the other day about you raised rates and the economy is not being hurt so why should we just want to cut them i continue to say he raised rates too much and i want i want to go for the full on 3 on e
Well, i was familiar with it and i suppose with new changes theres always going to be a problem. But i dont like the way that the new app delivers the news. For me, it doesnt work and as a result, its no longer my first news source. James cox was watching that and got straight in touch with us writing. Susan way vauthier added. Well, we promised you a fortnight ago that we would try and get someone from the bbc to respond to the feedback youve given. So lets discuss that news app upgrade and other matters with naja nielsen, whos the Digital Directorfor bbc news. Thank you so much for coming on newswatch. Youll know there have been lots of complaints about the new news app and many people are saying its actually harder to navigate around the app. You used to be able to select what you wanted from tabs along the top. Now you have to kind of scroll up and down a lot. Why have you made it harder to find the stories people want . So thats an interesting point because you can still navigate
Well, i was familiar with it and i suppose with new changes theres always going to be a problem. But i dont like the way that the new app delivers the news. For me, it doesnt work and as a result, its no longer my first news source. James cox was watching that and got straight in touch with us writing. Susan way vauthier added. Well, we promised you a fortnight ago that we would try and get someone from the bbc to respond to the feedback youve given. So lets discuss that news app upgrade and other matters with naja nielsen, whos the Digital Directorfor bbc news. Thank you so much for coming on newswatch. Youll know there have been lots of complaints about the new news app and many people are saying its actually harder to navigate around the app. You used to be able to select what you wanted from tabs along the top. Now you have to kind of scroll up and down a lot. Why have you made it harder to find the stories people want . So thats an interesting point because you can still navigate