Tread the virus spread between people to the highest level. To the lowest level. Abigail very risk on. The bulls rushing back in. S p 500 up for a fifth day in a row. Longest winning streak of 2020. This is the first time we have had a fiveday string of gains. That tells you the degree and strength. Individual stocks having positive news. The nasdaq had a new alltime high. The stock, the chips index, same thing. Faang index driven by the likes of amazon and tesla. The fangs, those are the stayathome stocks. You were mentioning the virus data still being pretty bad. Realworld. Een the last couple of days, it has been a global rally with asian and european stocks. The new york faang adex really doing its best on yeartodate basis. Then it is the chinese tech stocks, the cqqs. Up 22 . S s p 500 and European Tech etfs up just about 6 . That has to do with those European Technology indexes. Nokia, somerickson, of these other companies. Tech, one of this years star winners right around the wo
Concerns about a second wave of covid19 with cases surging past 2 million in the United States. Texas numbers have been hitting new highs and houston is reconsidering reimposing its stayathome order. We will continue to follow that. I want to welcome in kailey leinz. Is drivingabout what stocks down. Between 5 es ranging and 7 . In terms of what is driving it, probably eight multitude of factors. The grim outlook from the Federal Reserve yesterday. Layered on top of that, concerns about a possible second wave of the coronavirus and the fact that we have run very far, very fast. There may have been a little profit taking involved in this equation as well. You had small caps really underperforming. They have kind of been a proxy for that recovery trade. They were down 7. 6 today. Yields on the long and with the 10 year yield down about six basis points. On the day, out of the 505 stocks in the s p 500, only one closed up, kroger, one of the classic kind of coronavirus safety plays. Did i
Independents and all others, 202 5853882. If you have already voted, 202 5853883. You can also join us on twitter or facebook. You can also email us. Welcome to the show. Good morning. This is the hill newspaper. Two weeks toh with go. Positive pulls in colorado, arkansas, alaska, and other battlegrounds have republicans buoyant. Republicans started off well. Mavis in fort lauderdale, florida. Good morning to you. Caller i will be voting this weekend. I am voting democratic the whole way. Im hoping that the democrats keep the senate and that they will pick up more seats in the house. I cannot believe some of the people in our country. Where a single commercial can change their mind about who they are voting for. Democrats want us to have health care, a raise in pay. These things matter to small people. We need to get out and vote democrat. Host you are calling on the independent line. Caller yes i am and i think we going to vote democrat because they are focused on the small people. 2