Everything in the middle is struggling we saw this once again today, especially with the dow gained 102 points, s p advanced 0. 41 nasdaq up. 57 Dollar General, walmart, costco and target low end. Well, as well as rh, the former Restoration Hardware and lululemon on the high end. Some call it lululemon and theyre wrong. Lets unpack these Dollar General and dollar tree are Bargain Basement plays that indicator to the vast majority of americans who are trying to make ends meet these companies are extraordinarily good at what they do. This morning oppenheimer argued the chain has some of the best Revenue Growth momentum around, at a time when Interest Rates are slowing, meaning investors think the economy is getting weaker well, guess what this is a defensive holding. When retails not so hot right now, dollar gen. Dollar tree has a similar story, the acquisition of Family Dollar which is finally starting to pay off. Oh, man its having a big impact on the numbers. This was no easy feat. I
Between the u. S. A china will hurt a Global Economy thats already slowing and stocks lower around the world as money moves out of riskier assets and into safer ones. The benchmark yield on the tenyear treasury hit a 20month lownd stocks fell though they finished off their lows of the sessio and the Dow Jones Industrial session fell 321 points, but it had been down more than 400 points and the nasdaq dpped 60 and the s p 500 was down 19. Seema modi has more on todaysi sellg from the new york stock exchange. Stocks tumbling on an economic slowdown and the dow,p 0 and nasdaq all on pace to post their first monthly losses of the year. Trade, key concern here on wall street. It appears as if the deal between the u. S. And china i nowhere close to being reached. The worry is that growth will slow worldwe, that the investors looking for safety in treasurys and as bond yields fall, so did banking stocks. Concerns also pushing retails lo r, and the broad Energy Health care and Consumer Discret
A government review has recommended that University Tuition fees in england should be reduced from just over 9,000 pounds a year tojust over 7,000. Now on bbc news live to singapore for Asia Business report. Boeings boss issues another apology as the aircraft could be grounded until august. Where could somewhere in asia grabbed the top global city ranking . Good morning asia, hello world, it is the first day, glad you could join us. We start off with boeing 737 max 8 aircraft. It is unlikely to re Enter Service before august, and that is the view of the airline industrys trade body. At the same time, the playmakers chief executive has reiterated that the company is sorry for the lives lost on itsjets in the company is sorry for the lives lost on its jets in the wake of two deadly crashes. The entire 737 max fleet has been grounded since march, when a plane crash in ethiopia killed everyone on board. It was the second such crash in five months. The 737 max is boeings most lucrative plan
office. [cheering] you go, colorado. it s not partisan, it s about applying historic principles. what do you say to the republican candidates argument the voters should have the say and not the courts? why are you standing with confederates. john: democrats celebrate the move to ban trump from the 2024 ballot, president biden is going to hit the campaign trail, other states are looking into it. jacqui: slow start to president biden s re-election campaign, heading to the polls weeks from today, the biden campaign is saying that president biden, kamala harris, and others will fend off his challengers in the democratic primary. john: the shift in strategy as polls show president biden struggling to energize his democratic base. and much win swing states. jacqui: karl rove standing by and whether the effort to ban trump from the ballot might backfire. peter, is the campaign planning a rose garden strategy for the president? peter: they say they are not, jacqui,
president donald trump. alvin bragg s office attempting to punch back and has issued a top response to republicans demanding that he testify before congress and turn over documents related to his investigation into the former president. his spokesman telling fox news digital, we will not be intimidated by attempts to undermine the justice process. for will we let baseless accusations deter us from fairly applying the law. and every prosecution, we follow the law without fear or favor to uncomfortable the truth. our skilled and honest lawyers remain hard at work. fox news is learning that grand jury will hear from another witness tomorrow as part of the investigation into a hush money payment made to president trump s former attorney, michael cohen, to adult film star stormy daniels in 2016. so much to unpack here. for those of us that haven t been listing under a rock, the response by bragg s office that they consider this a commitment to justice as every one else around them