All the major averages are in the green and hanging onto gains. We have seen price swings pickup. That was anticipated. September can be a volatile month. It is the most volatile month of the year by far if you look at the bloomberg. This is the average percentage change for the s p 500 did you can see september is the highest this year. It is still lower than december and last year. We have the biggest swings of the year, it is dwarfed by what we saw a year ago. We still have a few weeks ago in this month. It is the most volatile we have seen, not compared with any volatility thus far this year. We will keep an eye on that trade retail is relatively strong area that we are watching. The gap is leaving the game. The old navy unit is worth 30 more than the total Companies Enterprise value. He said the divisional margins are being disclosed for the first time. About 75 ofrating the profit. Also one, l brands are the rise. Macys and nordstrom are trading higher. The latest Johnson Redbook
Well have rob sands join us to discuss the outlook for the beer business, in which theres a lot of news in the beer business lately. Yes, there is. Meantime, constellation may be hitting new highs, but gopro sinking to an alltime low. One bull says this makes it a cantmiss buying opportunity right now. Thats coming up. Lets get to the markets for this wednesday. Dominic choo is covering all the action. And jackie will be checking in at the nymex. Dom, another volatile day here. The dow up 170plus points in one point. A lot of the themes that have been happening. You mentioned whats happening with energy and whatnot. We were just taking a look here. Up by about 8 , 9 . You can see this after the company yesterday slashed its board from 16 members down to nine, but then increased it by two to accommodate carl icahns board nominees. Oil, gas, copper, materials, energy. That big slide taking its toll. Earlier this morning, pure storage went public. Priced at 16 a share. They raised about 4
Ramesh Damani, Sanjay Kaul, Green Portfolio, TSG Global, Globe Capital and other major investors were seen in their private placement. This news comes right after bagging multiple award of contracts from the government and private clients of big magnitude.
Sinovac Biotech Ltd. , a leading provider of biopharmaceutical products in China, has filed its 2023 annual report on Form 20-F with the U.S. Securities and Exchange Commission for the year ended.