Japans ruling party gets set to pick a new leader. The next Prime Ministers have a tough task of leading the nation after the pandemic. Shery lets get you started with a quick check of how markets are trading. U. S. Futures up. 4 . This of course after tapping the worst week since march. We continue to see the selloff and idiosyncratic news. Softbank changing options Investment Strategy leading to selling picking up any friday session. Not to mention the tech stock reversed gains after china said it opposes a fourth sale of tiktok. We have the nasdaq composite really under pressure in the u. S. Session on friday, down. 6 . Take a look at what oil is doing because we are coming off of its back its worst back to back weeks since april. Nothing on oil prices, tomention concern about opecs production compliance. Wti at the moment at around 37 a barrel, gaining about. 5 . Lets get a quick check of our asia of how asia is setting up. Sophie we are nearing the halfway mark for september and t
I see Energy Leading the way welcome just like tyler said, tech is lagging the Broader Market right now. You can look across the sector board behind me. Financials down only 1. 3 . Look at technology its the worst performer down 5. 6 today even as the nasdaq hit a record high yesterday, its not just the big cap tech stocks selling off. The momentum names have been struggling for a lot of this week already take a look at zoom. The stock is up nearly 500 this year the this amounting to a pretty big pause. Same story with tesla. Its down 18 . Finally docusign is down about 10 . About 8 today 10 in two days and it reports earnings after the bell. Well have more on that in a moment first, lets get to bob for more on this market sell off today. Bob. Youre right, kelly this is largely momentum driven. Not external news events around the economy or vaccines like that the news has been positive let me show you the momentum etf. These are the Largest Holdings in the momentum etf. Look at stuff t
Lets milk this and go back and forth. We dont even finish each others sent answers it will be awesome this is the first time you are back at the nasdaq in a while. I go away and then im quarantined. I went away in july and finally got back here. I went away again and came back and been quarantined another two weeks. You got to start going away whachlt are you doing . I wish these states would drop off there is 57 states on the list no there are a lot of states on the list not all states i was in a county that was like an island, nobody was there i am glad to be back there is a big krispy kreme thing. Most lights ever i was looking and i was thinking about you. I got to stop thinking about you when im not at work thats not what i want in my life you may draw me back to time square but so will crispy cream. We were talking about this the last couple of weeks i havent been in there in ea while. He said there is no one around nobody on the streets. Is that the case there is people here. A
Fights to protect girls in the philippines. And a boycotts from move on the tomography activists called moviegoers to stay away from disneys wake to spring lease. My. Donald trump has labeled alleged comments you made about war veterans as a disgrace and a hoax suckers and losers are among the tyrants the president has apparently a cold americas Fallen Soldiers according to an article in the atlantic magazine with less than 60 days to go until the election its become the focus of both democrats and republican campaigns as tickle him as more. The u. S. Military and veterans are a big part of u. S. President Donald Trumps base he needs their support. And now that could be much more of a challenge for those who believe the allegations that on this visit to france and 2018 the president was supposed to visit a cemetery where more than 2000 american soldiers are buried he didnt go blaming the weather but according to the report in the atlantic he skipped it concerned about what the rain wou
Critic. Also in the news fire burns for a 2nd day on board a super tanker carrying 2000000 barrels of oil off the coast of sri lanka. Just hours after they stormed a city in democratic republic of congo and surrounded a prison dozens of armed fighters left peacefully. In sports arena williams into round 3 of the u. S. Open williams moving a step closer to a record equalling 24th grand slam title. Starting in lebanon where him of life detected beneath the rubble of a collapsed building of spot hope and fear for what may be survivor it is exactly almost a month ago that a massive explosion devastated beirut caused by that almost 3000. 00 tons of Ammonium Nitrate which caught fire and blew up after being improperly stored for years. What we have seen so far is unfortunately no trace of any big team of body we have been conducting 2 scans in 2 different room holding the scanner on the porch we just need a 4 inch fence and commit the horse so we did that so far we dont see nothing and but w