Kind of concerning that like youre hearing about martial law might go into effect and then you hear about prisoners being released. Reporter tactical shut down its two stores in livermore and Castro Valley at 11 00 this morning, after putting up a weeklong fight with the Alameda County Sheriffs Department. It is an essential business because it is a Second Amendment right. A lot of our customer owners are Business Owners and they are concerned about looting or their personal safety in the house. Reporter this is the line outside of the store earlier this week. Still corner mike says business is going through the roof and most customers are firsttime buyers. He feels he is being singled out. Big five can sell guns right now, walmart can sell guns right now. This was never an argument over the Second Amendment, this is an argument about essential versus nonessential. Reporter the Sheriffs Department says in a Health Crisis they have to make tough decisions. People that are buying weapons
Surveillance on tv and radio alongside Lisa Abramowicz im jonathan ferro. Your equity market positive by 0. 2 on the s p come on a threeday winning streak on the s p 500. If you want to focus on the data, the week starts today. Lisa ppi today ahead of cpi tomorrow. Its interesting whether the Economic Data is what is driving gains we are seeing in stocks in frank the in bonds was arguably which is arguably what is leading stocks. Whether it is haven trade or listening to the fed speak or just a blowoff of the tough we saw last week. Lisa we talked a lot about it jonathan we talked a lot about in the past when he four hours. The fed is comfortable with the market doing the work for them and the work the market is not doing the work for them. Lisa nikki bowman later this morning. Even the hawkish talk seems to be dampening the tone a little bit basically saying maybe one more hike is needed but softening the tone around the edges, it seems like everybody has been taken off guard with the
It was like five sessions between 25,000 and the zeseventh trading sessio. From january 4th to yesterday is when we saw the 1,000 point move in the dow oil breaking, which is a weird Reason Energy stocks came down as a result just the idea lets hold off for a second nevertheless, with all of that, the s p 500 still remains on pace for its biggest monthly gains since march of 2016. The nasdaq is still on its biggest monthly gain since july of 2016. Look at what happened overnight in asia, you will see the nikkei was down by a third of a percentage point back to this morning sorry, flipflop back to this morning, you are look at double digit gains or triple digit gains once again for the dow. This comes after last night the nikkei down by a third of a percentage point hang seng and shanghai stocks both ended higher bay quarter percentage point in europe, where you see the early trading this morning, you will see at this hour theres a bit of weakness. Dax is down by 0. 2 . Ftse down about
Almost every day these Large Companies continue to beat expectations and their stocks hit new highs. Some of the things that stuck out to me today, transports came off. Theyve had this incredeible run this week, they took a break u. S. Stocks did well s p up 4 this week, but International Cons to outperform the all country world is up 1. 7 on the week and the eem is up 2. 6. Hang sang, new high new highs in staples, which is an area no one is talking about this week then the big stuff. Intel is is breaking an 18year high september of 2000 is the last time they broke these levels there is no resistance netflix went up 23 this week, which people are pointing out saying thats crazy. We looked. Its done that eight times now gone up a quarter of its market value in five days eight times usually from the decline after earnings and then amazon, the sore thumb is apple down 4 this week and the month is not over yet, but if this were to go out, that is a pretty ugly topping, so i think thats so
Indicated by the supreme court, let us move on. In nairobi tossed Water Cannons and fired tear gas at stonethrowing protesters today. They are protesting todays rerun, saying it is not credible. Many polling stations in opposition areas did not open today because of security concerns. Global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im mark crumpton. This is bloomberg. Abigail live from bloomberg , were 30dquarters minutes from the close of trade and stocks are declining as the dow is learning with a new record high. The question is, whatd you miss . , microsoft and intel all report. President trump speaking last hour at the white house about the Opioid Epidemic in america. He called it a National Public Health Emergency. We look at the impact its having on the labor market. Ingles be to nigel travis about his companys results in where his thoughts are on wages as we look ahead to next weeks jobs report. Scarlet opioid abuse is