Ahead. Abigail, a sea of red right now. Day, sharpbearish declines for the dow, s p, 500, this selloff has been pretty sharp and swift today. We have the smallcap index down about 1 . The russell 2000 higher earlier today. Doing a bit of a bearish reversal as tensions with north korea escalate, as scarlet was mentioning, uncertainty around d. C. Lots for investors to contend with today. The major averages on pace with her worst day since the middle of august. No one point, the dow had been on pace for his worst day since the middle of may and that is true for the 10 year yield. The 10 year yield drops, that tells us even bonds are rallying, down nine aces and. Nine basis points. Point, the 10 year yield had its biggest drop since june of last year. Could affect the fed. Either way, this is affecting the Financial Markets and the fact that financials, that the worst to sector on the day. S p 500 Financial Sector down about 2 . These are bigger movers within that sector. Lots of red here
To 20 . The corporate rate is said to be cut 20 . They are trying to clear the skies, they are trying to bring Digital Payments to hong kong. Also, 4000 outlets. Getaad 29 minutes until we this out of china. It is industrial profit news. This is 1094. This is the middle of last year. March of last year. The important question were asking today is is the turnaround the supplyside reforms. We have seen exit capacity been removed on the system. We have also seen inventory overhang being reduced. There has been a rise in metal prices that are driving a stronger profits. The view from Bloomberg Intelligence is that it is mainly the latter. It is causing this demand and the rise in metal prices. That is what we have. Haidi the bigger the interesting this is a particularly Interesting Data point. Ass translates to the same what the earnings are going to be. That is looking a little shaky given that we have seen that reflation story on the factory gate. The have seen it stumble a little bit. T
12 local charities received a very big gift from Valero's Corpus Christi Refineries Wednesday. They donated $1 million dollars which will be shared between them.