Third straight week. For more on wall streets move, we are joined by scarlett fu. Lets talk about how this happened. Ett we had quadruple witching. Options tied to indexes and stocks, that led to a pick up in volume. Then you had it falling below the trendline, where the average price over the past two and half months. The theme for today, as it has been for the rest of the week is the lingering disappointment that the fed did not give investors a prize that they have been positioning for. Recent winners, the tech, has been consistent laggards. They are the worst performing sectors this month, down 10 in september. Emily i do want to talk about oracle, tiktok, and this dramatic move by the u. S. Government to expel tiktok and wechat by the app stores. When did you what caught your eye . Scarlet what i found interesting was that even though it trended lower, volume in the stock is off the charts. It was about 26 million shares this week on average. That is up 86 from the first two weeks
The day or thinks. We dare to ask. Quote this is boom bust the one business show you cant afford to miss im fair monteiths they are going to washington coming up tech stocks continue to hold down markets that the selloff continued for a 3rd straight day and going to war manufacturing laws in the dreamliner jets parking another at a investigation we have a lot to get to fill out to get started. U. S. And European Drug makers are now pledging to prioritize safety as the main focus of the corona Virus Vaccine Development will mine a leading Vaccine Developers made a historic pledge to uphold the integrity of the scientific process as they work toward potential global Regulatory Filings and approvals of the 1st covert 1000. 00 vaccines well the companies include pfizer johnson and johnson and astra zeneca to name a few this comes as americans brace for a 2nd wave experts predict more infections following a Holiday Weekend as we approach flu season will meanwhile india became the worlds 2nd
Of 2 women from the marginalised ballot Community Police prevented opposition politicians from traveling to the site of one of the attacks emergency laws have been imposed after clashes erupted following the cremation of one of the women the e. U. Is launching legal action against the u. K. Over plans to breach parts of the brics it divorce agreement a letter a formal notice has been sent to the British Government the case could wind up in the European Court of justice bracks it is one of the topics that leaders from the bloc of discussed during a summit taking place in brussels this morning the commission has decided to send a letter formal notice to the u. K. Government this is the 1st step in an infringement procedure. The letter invites the u. K. Government to send its ups of relations within a month. And besides this the commission will continue to work hard towards a full and timely implementation of the Withdrawal Agreement we stand by our commitments. Beating russian opposition
Clerk you can do it. It makes sense to do so. President yee is there a motion to continue this item to a particular date . Clerk the date noted on the agenda is october 27th. President yee made by supervisor press ki peskin and d by supervisor mandelman. Lets have Public Comment. Clerk operations, do we have members of the public queue in the ready to speak on continuance to october 27th for items 5255, the 617 sanchez street appeal . No callers in the queue. Clerk mr. President i recommend we wait just about 20 seconds in case theres someone watching television and they are faced with the delay. Anyone in the queue . I have one caller. Clerk please put them through. That caller hung up. There are no other callers in the queue. Clerk thank you. President yee thank you very much. I will call Public Comment is closed now. Theres been a motion and seconded it. Madam clerk, lets go ahead and call the roll on the motion. [roll call vote] there are 11 ayes. President yee okay. Without object
Ginsburg made the political picture in washington significantly more complicated with some analysts saying the odds of another round of stimulus before the election falling sharply. Bank stocks are getting crushed today as well amid new report about major firms dealing in suspicious funds well have more on that in just a bit. We have 59 munz left left to goy volatile session still make for the worst day in a while. Percentage terms, were down 2. 2 as we stand ahead will be all over the selloff in the final hour of trade. Billionaire investor Mike Novogratz will join us with his take on todays plunge and whether he is buying any of the dips after three straight lease losing weeks and well speak with john kerry in an exclusive interview. Well get his take on the Supreme Court, on stimulus, on the election and that final month run in of campaigning which, of course, he knows so much about lets focus in on the big stories were watching on a very busy day of news mike san toll toli is track