Masterca mastercard, microsoft and u. P. S. All lower on the back of their results as well. Bund yields and oil are lower. Tenyear yield, 0. 77 . All 11 s p 500 sectors are lower, sharply lower thats the heat map of all s p 500 stocks very few are green as you can see above me just less than 3 of declines for all three of the major indices, sara. We will ask allianz chief economic adviser mohammed elbrian. Monitoring two live events at this hour, expected speech from french president emanuel macron and a statement from dr. Fauci mike santoli covering the market selloff meg tirrell with more details on the covid spike in the u. S. And europe and ylan mui start us off with the selloff, mike starting to do some damage third day in a row for the s p. Its starting to cut a little deeper the hope gave way and did accelerate the down side multiple pressure points on this market causing investors to have a harder time looking across this valley of growth, right covid case cuts. We dont know wh
A new, widely Controversial National security law for hong which has been protested by folks in hong kong. Investors concerned these actions could destabilize the global economy. I want to bring in markets reporter taylor riggs, who has been following all of this. Break down what happened for us. Taylor it looked like we were green and in the clear until the last hour of trading, and then you sort of mentioned other headlines that made markets very nervous. Trump said he would have a press Conference Friday to talk about china. Then theres a lot of concern about the National Security law china signed that in effect would remove a lot of the economy from hong kong. In the last hour of trading, everything fell apart, but the key theme remains. Some of the Big Companies are still some of the big out performers. The s p, which is a marketcapweighted index, outperforming relative to the nasdaq, which also includes some of the smaller companies. And of course, the russell 2000, which is the
Shutdowns until at least may 15th we have a great lineup today. In just a few moments, well speak with Patrick Harker about what will take to get the economy back on its feet and later, Alexis Ohanian will join us hell talk about his investment in a company thats help iing Small Businesses navigate the loan process, which is one of the issues lets focus in on the stories we are watching in this final hour of trade wilfred of course covering the bank earnings. Morgan stanley the latest. Meg has new details on testing but well begin with breaking news out of washington where President Trump is expected to meet this hour Via Teleconference with governors. What are we expecting here that conerer sags is about to get underway where President Trump is going to share with the nations governors what the white house and its medical team have arrived at as far as the guidelines for reopening the economy. The Daily White House briefing is going to take place at 6 00 p. M. And what President Trump
When you point out something inaccurate about it, it corrects itself. That the hallmark of journalism. To the extent journalists talk about that they are discrediting their own enterprise because they are suggesting they dont honor the norm, in the face of evidence they have been wrong about something. I like the ds and vacuum. I want people to think venereal disease. I dont want to catch or transmit it. Bible deception focuses on the virality of it, and factor on the ground and focuses on reception. We are not talking about news but deception. When something comes into our news feed we need to be critical about those things we are supposed to agree with so if someone is a supporter of a candidate of one party one is more likely to be uncritical about anything about that candidate, so instead of attacking we defend even if the attackers are journalists. We are also wanting about the opposing candidate to believe anything said about the person even if it is not legitimate. Even if it is
Goes for the advertising industry. Heres an example from in the back by syria. Stop. How can you imagine hollywood superstar shot root con, promoting a small shop in your city . Is there any up you know, of any possible expression of employee and stacy in fact, doing ads for thousands of shops all across india made it possible that every day late in the country to create a video ad for themselves. Of like a big celebrity endorsed, thinking this shut up. This became a reality thanks to generative advertising. Generative advertising means, you know, loved them is need to the card every single piece of advertising. You can use very center breakthroughs, executive ed, technology, and use peoples Business Loans to create hundreds of thousands of video. Ive created Dana Campaign for the hindu festival of lights. Devali a. I started up rephrase. Partnered with an International Advertising agency and shot a short video with superstar shar root con. After training and a model with this footage,