Trades retailers rip higher. Shares of jcp jump 19 after the close. On stronger than expected sales and earnings. Its viewed as indication the chain may be turning around. Nordstrom stock rallied nearly 10 on successful Sales Numbers earnings that beat estimates. And, the burning cost of wildfires in california could reach the billion dollar mark. As fires rage through 10,000 acres in san diego county. Trader bob iaccino, of tethys partners leads the way on this friday. Good morning to you. Good morning. Well we definitely have some market weakness especially in tech and biotech but what are the opportunities out there that you would like to take advantage of as youre trading . You have to look at this market 2 ways youre either a bottom fisher, which im not and if youre going to be a bottom fisher youre going to do in the small caps and the biotech but you want to wait. You want to see what the Broader Market does. We have a technical correction in the russell 2000 down a little over
Hello and welcome to audiences in the uk and around the world. Were covering all the latest coronavirus developments here in britain and globally. First. The uk government has held its daily news briefing, updating the public on the coronavirus pandemic. The british chancellor, rishi sunak led the session and announced that condition of Boris Johnson the uks Prime Minister is improving and he is sitting up and engaging with his clinical team. He said that borisjohnson is receiving excellent care. The British Government also announced a £750 million funding package for uk charities but the chancellor warned he could not save everyjob, business or charity with his emergency measures. The World Trade Organisation has warned that the coronavirus pandemic could lead to a massive fall in global trade. In the worst case it coulid shrink by almost a third and is expected to be worse than following the financial crisis just over ten years ago. For the second consecutive day spain has seen a ri