Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but based on what weve seen in recent history within range of 1 a
Now. New data points to a sluggish economic recovery as payroll, points in the beige book shows a modest increase in activity. 59 minutes until the close were set to have another record highs for s p and nasdaq up 1. 2 on s p 500, sara its utilities leading the way higher for a change. Coming up on todays show, Galaxy Digital back to weigh in on the rally as it carries over into september were going to ask where hes putting money to work right now. Weve got an interesting mix of earnings coming your way after the bell, including work from home like cloud strike, those are hot, hot Cloud Companies Apparel Company pvh and well talk to manny tirico, calvin klein and Tommy Hilfiger mike santoli tracking Market Action as always Steve Liesman with new highlights from the feds beige book joining us to talk tesla and pullback were seeing is craig irwin from roth capital. Mike, start us off with the market every group is higher except for energy you do have utilities and real estate and health
Heres the markets performance this thursday morning. Not paying much attention to those jobless numbers. We are going to be down pretty much across the board. The dow industrials on the down side to the tune of 200. The s p down about 20. The nasdaq, not much of a loss there, down 12 points. Now, ive got some negatives to lay out for you. This may be a negative. Several states report big spikes in virus cases following their reopening. Its the second wave worry. Number two, medical authorities in beijing say the new outbreak has been controlled, their words, but virus statements out of china dont have much credibility with investors. Heres another one. This is not helping. The European Union will go ahead with its plan to tax big American Technology companies. The u. S. Has withdrawn from those talks. This too might be hurting investor sentiment. John boltons book, very negative on the president. Bolton says that everything he does is geared to his reelection and that includes shifting
Life from moscow studio where its a minute past 4 in the morning youre watching R T International thank you for joining us and we start with breaking news from the u. K. Where police have identified a man who fatally stabbed 2 people on the London Bridge on friday before being shot dead by an officer owes money aged 28 had a prior conviction for islamic terrorism and was released from prison last december we can assure you i witnessed videos taken in the area which is a busy thoroughfare in the city as you can see people were wrestling with the suspect trying to pin him to the ground one man manages to get the knife off of the attacker who was then shot dead by a Police Officer its now known that the attacker was wearing and electronic tag at the time of the attack and he was being monitored by m i 5 and police our course. He has details on the story. Mass evacuations happening from the Office Building surrounding the London Bridge vicinity it was indeed a Major Incident and the assist
Google had partnered with extension healthcare the 2nd Largest Health care provider in the nation to gather and process data on tens of millions of americans just one day after a u. S. Federal regulator in sniff she did an investigation into the deal the office for civil rights in the department of health and Human Services is going to look into the Data Collection and whether or not it violates hipaa laws these are federal laws that protect the identity of medical patients and their information now as a reminder except that health care operates 2600 hospitals and hundreds of doctors offices which means that about 150 google engineers have access to very specific Health Information on about 50000000 americans across 21 states prior to this agreement with google which launched in july of 2018 extension had its digital records spread across 40 data centers but lets be very clear about this google is not taking over the medical records. Google is uploading these tens of millions of indivi