Or delayed their plan phase reopening. In texas reversing that saying it must force bars to close today and only remain open for takeout and delivery, that saying that restaurants with indoor capacity right now, lets cut it down from 75 they have been getting used to but the last couple of weeks to 50 and anything to do with rafting and tubing, that stops immediately. So those actions, reversing earlier actions, the first time we have seen it got the markets attention and the fear that other states that have seen a similar uptick in cases with the real test availability and we might do the same. We have gotten hints out of florida that maybe that could be the off thing but that is way too soon to tell. Again, the drill on wall street, you sell first and begin to ask questions and get clarification later. We are also waiting to hear from the president s Coronavirus Task force, we have not seen them in a public setting like this in almost two months, theyre gonna be speaking again were t
Add that to concerns over the virus caseload and youve got this. The dow industrials, down 700 yesterday, down maybe another 200 this morning. The s p down 80 yesterday, down another 20 today. The nasdaq yesterday, down 200 points. Today, down about 13 points. A sea of red ink over there. A big loss especially for the dow. 1. 48 million new jobless claims this past week. Now, thats not a good number and it pushed stock prices just a little lower when that news was released at 8 30 eastern. Now, today, President Trump heads to wisconsin. Good timing. The democrat governor there has just called out the National Guard. A protester wielding a baseball bat and bullhorn harangued a restaurant crowd. He was arrested. Molotov cocktails were thrown, the Police Needed help. Governor evers sees the light and calls in the National Guard. Same thing in washington, d. C. Hundreds of National Guard troops now marshaling. They will protect the capitals monuments. Thursday, june 25, 2020. Varney compan
Versus value. We had the nasdaq earlier this week trading at record highs. We have not really seen the other indexes get back to those record highs. Wayrussell 2000 is a mild is a mile away from its record highs. Are you comfortable with this idea that we only have a relatively small cohort of companies and sectors pushing this market higher, or do you want to see broader participation . I think it helps make sense of the market action. Thinking through, where would you want to put capital to work . What is driving this vshaped recovery . I think it would be quite irrational given what is going on with the pandemic and the broader economy. Investorson here for is where do you put capital to work from here on out. These positions within technology, there are some unstoppable trends like digitization, cybersecurity, which are really interesting given the work from home environment. Some of that, we do believe would continue to move higher. An area that you like. That not just the fact th
George floyd and of police brutality. This has built so many of us into the street to stand with our neighbors and communities of color. Entertainingly and systematically abused by the criminal justice system. The committee in the house as a whole, is committed to swiftly enacting profound reforms. To punish police misconduct. Holding Police Department accountable to oversight. In eliminating the financing of police militarization. We hope have more to say in the coming days. And as my friend set us we, my protest is my statement. Even as we prepare our legislative solution. The topic of todays is essential workers pretty since the onset of the coronavirus pandemic, and the United States, we are all acutely aware of the threats posed to ours health and safety. But we do not all face of the risk of the crisis equally. Grocery store workers, Food Processing employee, Public Transportation operators. Nurses and doctors and hospital support staff, nursing home employees, First Responders,
Brutality. This has built so many of us into the street to stand with our neighbors and communities of color. Entertainingly and systematically abused by the criminal justice system. The committee in the house as a whole, is committed to swiftly enacting profound reforms. To punish police misconduct. Holding Police Department accountable to oversight. In eliminating the financing of police militarization. We hope have more to say in the coming days. And as my friend set us we, my protest is my statement. Even as we prepare our legislative solution. The topic of todays is essential workers pretty since the onset of the coronavirus pandemic, and the United States, we are all acutely aware of the threats posed to ours health and safety. But we do not all face of the risk of the crisis equally. Grocery store workers, Food Processing employee, Public Transportation operators. Nurses and doctors and hospital support staff, nursing home employees, First Responders, janitors, mail carriers, de