What a big change, because at one point the dow, remember, was down 628 points. So this is really a different story. The nasdaq right now down 96 and the s p is down 11 points. The twoday selloff, by the way, in the nasdaq so severe this morning, it was actually within 25 points of correction territory. Since wednesdays record high of 12,056, the techheavy index is now down, as you can see right now, 103 points. Both snapping a fiveweek winning streak, the s p and the nasdaq. Were going to have our floor show trade thers ready with instant reaction for all of you. Now, the record selloff completely discounting a pretty positive august jobs report that showed an increase in 1. 37 million jobs with the Unemployment Rate dropping to 8. 4 . One company is helping to fill all those vacancies left behind by the coronavirus pandemic. Were going to introduce you to the ceo of shift pixie, helping big business find qualified workers in the gig economy. Plus, colleges struggling with infection r
At the front, those who give their lives so that ukraine would be like this, those who actually prove with their blood that this will no longer be a bloody land, thank you i will answer the questions for another 40 minutes if they will be in such a number, you said very correctly the thesis that there are people who have ukraine in their hearts, relatively speaking , compared to the fact that there are people who have poland in their hearts, i just, well, observing many people who live in big cities and in kyiv, i mostly see that there are people who, unfortunately, do not have Anything National in their hearts, and the percentage of these people is very large, as it seems to me. Well, i think that there is such a possibility that some number of our population , lets say, will not want to participate in construction in a ukrainian way ukraine, lets call it that. And this is why i have a question. What do you think can be done already so that somehow the influence of this population doe
It is a bit lower from where we inrted in the early going the morning. However, the s p is rebounding from some session lows and we saw the Chinese Market moves down again. Nymex crude down 2. 5 . Irang coming out they aret to say ripping of production as fast as they can. To 1090 perdown ounce. Pimm lets see we can take a look at the fixed income markets and bonds and see what traders are doing their. Re. A little bit of writing, 287 for 2. 8730 year long two for the 30 year. Here is currencies . No. We will just say that the dollar is stronger against most bond by the way, just because we saw those equity indexes, use of the s p and the the nasdaq higher, mainly because of that Lexicon Pharmaceuticals announcement. Go to the top stories at this hour. President obama is said to bring his case against Global Warming to the American People. The plan is sure to generate a lot of backlash to the president previewed his plan by posting a video on twitter, and proposal calls for reducing em
Monetary policy to congress today, as part of the testimony. It had this worrisome nugget about stock values. Quote, forward price to earnings ratios for equities have increased to a level well above their median over the past three decades. Although equity valuations do not appear to be rich. Term premiums are more normal levels. That is what they said. Yellen was asked about the possibility of asset bubbles. She was a bit more sanguine. She did not contradict the report. I dont see signs of extreme threats to Financial Stability be at this time. This is something we monitor very closely. But it is something that can happen in a low Interest Rate environment. So i dont think that i see any broadbased evidence of those Financial Stability concerns, but it is something thats possible. Now, the fed noted in the Monetary Policy report why the Interest Rates would rise. A rise in rates thats not connected to good economic news, concerned about inflation or other reason why yields would ris
Studyd that when a new says about the legalization of marijuana in colorado. Good morning. Im Erik Schatzker. Im alix steel in for stephanie ruhle. We totally called each other. Thats not true. This is time for the newsfeed. These the top news stories. Ukraine plans to block a convoy of 280 russian trucks. Ukraine says the trucks are really carrying military aid for prorussian rebels. They will not be allowed to cross the Ukrainian Border unless they are led by the red cross. The banks banks of bounceback. They have had the secondmost profitable quarter in 23 years. They are making loads of the fastest rate since the financial crisis. Consumer reports gave the tesla model s its best overall rating in february. Now the magazine is saying minor flaws showed up after more driving. Among them is the dashboard screen going black. There are probably the front trunk lid release. Tesla says those issues have been addressed. Faces crisiss on two fronts. A clinical stalemate in baghdad threatens