And selling today. There are those three stocks, tesla is down again as another firm gets negative on that name, now the worstperforming stock in the s p 500 losing another 5 today and barely hanging onto 160 as you saw, tough day for small caps as the rate is up, the russell is lower, it does take us to our talk, the return of volatility and if investors need to prepare for a pickup, especially with another federal meeting looming, lets ask joe terranova. Hes a cnbc contributor, is that your expectation . Is that what we are trending, its about to get interesting for little bit . I think the market will get very moody and that the day for dangerous place for investors, we have been trading off of a sunny disposition, the personality of the market, now you get into this environment where its about the mood, Everyone Wants to be a monday morning armchair economist which is the most dangerous and worst thing you could be doing right now. I can think of nothing more exciting. Exactly. Eve
Theres a clash between four major trials early next year and trumps ability to conduct his campaign for the presidency. Is that fair . Trump calls it a politically inspired indictment tailored for placement in the middle of my Political Campaign. President biden is still catching heat for his no comment on the maui tragedy. He goes to lake tahoe this friday. To the bigmoney story, big trouble in china. They stopped issuing data after the jobless rate rises to 20 and more importantly cut Interest Rates. A sure sign of economic distress. Separately, fitch says it may be forced to downgrade dozens of banks including Jpmorgan Chase. Investors dont like trouble at the banks or big trouble in china. The dow is down 200 points in the opening bell, maybe 285. The s p down 30, nasdaq down 80. Interest rates rising again, thats not what investors want to see. The 10 year is close to 4 but look at the 2 year. Moments ago it hit 5 . It backed off a little, 498. Most investors dont like that. Gas u
Pleasure of serving as congresswoman alma adams first legislative director and help get the hbcu caucus started and amazing to see all that the congresswoman and staff have done since then. Today you all are joining us for a really important conversation about the ways at that government, philanthropy and business can support our hbcus and sustaining them into the future and with that im going to invite the congresswoman up to get us started. [applause] good afternoon. Good afternoon. Im still hbcu strong. Thank you all for being here today and thank you shaniqua and thank you all for joining us. Im congresswoman alma adams and it is my pleasure to represent the 12th Congressional District in North Carolina, charlotte, mecklenburg, and cabarras county. Give it up for the queen city. [applause] i want to thank especially our same guests who will participate on todays hbcu brain trust. Id like to thank the members of the first bipartisan hbcu tour here. When i started this caucus eight y
In North Carolina, charlotte. A special yeah. Give it up to the queen city. I want to thank especially our esteemed guests. I would lick to thank the members of the first bipartisan here. When i started 8 years ago, i had no idea that we would grow to have more than 100 members but now 8 years in i know that the strength is a strength of how much support we had. Last year we were about to get ignite funding for hbcu through appropriations. Because of the work that we did, 50 million in grants are available to our schools. All right. [applause] make transformative investment and, of course, this includes research productivity, fact ultimatey expertise, graduate programs. Human capital leading to external funding. The investments made in our schools today in investment in the future and so i just yaws myself as an example. I am a living testament for importance of hbcu. My mother raised me. She did domestic work. She was not formally educated but understood the value of education and the
Caroline im Caroline Hyde in new york. Ed and im in san francisco. Caroline tesla asked its investors to approve a pay package. Ed chipmaking orders dive at asml. Our chip stockpiles back . Caroline we will bring you into a conversation with the French Company a toss. In the equity market pulls back a little bit from where it had been. Nevertheless we see bond markets outperform, currently seeing a 20 year yield down to, three basis points. Moving on and looking on the world of crypto. Its been on the downside as the u. S. Dollar is falling. The first time in six days we saw the dollar give up strength as we digest what has been a slightly more hawkish of. Risk assets are still cautious out there. Ed tesla continues to dominate headlines. Down for a fourth straight session. The stock is trading at its lowest level in almost a year and i dont think this has to do with the headlines on the bloomberg terminal. The idea of incorporating in texas, thus about the downward pressure. There is