Rest of 2024, so it is risk off, no matter where you look in the region, stocks are down. The nikkei was 1 off, declines in the kospi, taiex, hang seng, and were keeping an especially close i on chinese equities and geopolitical tensions amid chinas drills around taiwan. Ill talk further back to pet but lets split ill talk further about japan, but lets flip the board. I want to show the extent of the risk aversion today. Not benefiting from invidious rally yesterday, samsung let tronics electronics added pressure after a failure of an nvidia test due to heat issues. Lets flip the board again and take a closer look at what were seeing in japan. Its really the focus on the fed today and how we see higher u. S. Yields prompting dollaryen above the 157 level. The level that is thought to have latched on the first of two interventions earlier this month, and also the japanese currency depreciation drawing in the bears because the boj rate hikes, the yield on the 10 year still sitting above
Masters all weekend . Erik i didnt, actually. Stephanie you should have. Erik i watch some. Amazing performance by mr. Spieth. Tying a record set by tiger woods. We are going to start you off with the top business stories of the day. An activist investor is targeting qualcomm. Asking qualcomm to think about spinning off its chipmaking unit. Shares of qualcomm are down 11 over the past year. Here is where they are today. Breathing a little life into qualcomm, but not enough to recoup all of the losses. Meantime, in china, exports unexpectedly fell by the most in more than a year. That adds to concern over chinas growth. Next stop, iowa. That is where Hillary Clinton is headed as she begins her Second Campaign for the white house. She ended the suspense over whether she would try to become the first female president. She used a video to announce her candidacy. I am running for president. Americans have fought their way back from tough economic times. The deck is still stacked in favor of