Congressman Roger Williams. As the nation prepares to unwind the lockdown what do we need to know to prevent a second wave . All that, so much more on making money. Charles all right, folks, the market i think holding up pretty nicely considering everything. It has been making a stand all session long. Just here over the last hour or so, actually trying to rally on news that germany now will infact be coming back online beginning april 20th. But even before this mornings spate of earnings misses, terrible economic data, the market was indicating it would be a tough session. All night long the market was down. Now you could argue that the session was, to the downside, really, that this is overdue. Considering that the s p 500 has rallied 30 from march 23rd, the intraday low of 2191 to yesterdays intraday high of 2851. The question now, how much risk is there to the downside . Has wall street largely changed its tune on the need for major indices to retest the lows . I want to bring in m
Construction growing at modest to moderate rate. Wet weather across districts and a majority of districts have a positive nearterm outlook. The labor market continues to tighten. District cites shortages across a widening range of occupations and one firm had to raise salaries 10 . Rising input costs, lumber, steel and other commodities continue to go up. Prices fall for groceries, apparel and automobiles. District reports slowing Economic Growth but the tightening labor market coalmining firms continue to invest. Consumer spending sales in new york city lagged the rest of the region, but broadway theaters, revenue up 25 . San francisco, a quote from the report sales of retail goods grew modestly and growth in the consumer business and Services Sectors remain strong. Trish, if it were an automobile, a v8 firing on 7 cylinders. Trish yeah, look, talking about moderate, modest growth, i hear you, nothing necessarily in this report, though, that makes us go wow the economy is on fire. I s
Cheese burger in paradise heaven on earth ho hum another month, another new high for your money. The slow meltup marching on. The nasdaq looking at that hitting a new high. The oil and Energy Stocks all the Big Eight Oil names, exxons, chef rons are higher. On the other side of the trade, yeah some of the real estate stocks are lagging, but overrule a good day. What individual names are making investors money today . The casino stocks. Look at that. Las vegas sands are up big on some big numbers from chinas ma cow. Bikky . Good afternoon im becky quick. Here is what else is happening at this hour. A government watchdog said that medicaid was overcharged for epipen from 2006 to 2016. That is far more than the amount mylan agreed to pay the settle overcharging allegations. Construction spending posting its biggest drop in a year in april. A sharp upward division pointing to underlying string. Illinois Credit Rating getting closer to junk. Its debt downgraded after lawmakers failed to app
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