Nearly nearly 500 points as recession fears re emerged. Both the S P 500 and the Tech Heavy Nasdaq also closed in the red. The Report Cards of tech Giants Amazon and apple didnt do much to lift the mood either. Our North America Business Correspondent Michelle Fleury has more on what sparked that sell off. Not even arm is on could lift Wall Street out of its function as in the E Commerce Shine fell after reported sales grew 10 to 148 billion. That mark the slowdown from the prior quarter and its forecast further weakening in the months ahead. It wasnt the only take from either her results left investors with a sour taste. Intel stock plunged after the chipmaker said it plans to cut 15,000 jobs and announce disappointing results. And saleS Psychosocial Media Company snap, the only bright spot was our pool which reported solid revenue despite a drop in Iphone Sales. Wall streets jitters started even before Big Tech Earnings came out, the dow fell nearly 500 points after weak economic dat
Joining me now isjoshua mahony, chief Market Analyst at scope market. Asian markets have suffered their worst day in many years this week, spurred by a sharp sell off in Semiconductor Shares and global market contagion. Whats happened so suddenly . Well, we are coming to The End of a back of week that has been massive for markets. Sadly we solved the Bank Of Japan for markets. Sadly we solved the Bank Ofjapan interest for markets. Sadly we solved the Bank Of Japan interest Rates Decision Catch people off guard, raising Interest Rates. That is the same time that we saw the federal Reserve Planning to cut Interest Rates in september. The markets are fearful after the back of a Manufacturing Survey Yesterday that we saw the collapse, that points towards a rough session coming around the corner, at the same time we see Inflation Pressures building within the manufacturing sector. The stories around the japanese market at the moment firmly planted in the reversal we are seeing in terms of t
Spreading in children like never before. Right now one in every four new cases is a child. And dr. Anthony fauci says our kids are extremely vulnerable. If we want to protect the children particularly those who are not yet eligible for vaccination, you want to surround the children with people who are vaccinated, teachers, school personnel, everyone else. Even though there are some Government Leaders locally who are trying to push back on that, we have to get the School System masked in addition to surrounding the children with vaccinated people. In florida, the miamidade School System has been ravaged by the Virus. 13 School Employees have died since mid august. Get more now from nick watt. Reporter christine and laura, outbreak mode, that is what dr. Faanthony fauci says w are in right now, more than 4 Million new covid19 cases confirmed in just the past four weeks. He says we can turn it around, we have the tools, the main tool of course being the vaccine. Now Tomorrow President bid
And going, going, gone the banksy painting that self shredded is heading back under the hammer. Welcome to our viewers on pbs in america and around the globe. The taliban appears set to announce a new government for afghanistan within days, but the European Union and britain have said they wont be recognising it. Speaking on a visit to pakistan, the uk foreign secretary, dominic raab, said he wanted the country to be stable and that aid could be provided via charities. We begin in kabul, where our correspondent, secunder kermani, reports on how the taliban are already changing daily life. Side by side, taliban fighters and local residents. This is Friday Prayers in kabul. A cleric from the group tells the Congregation Theirjihad is changing, from a Military Campaign to one ridding society of corruption. Theyre still yet to establish a new government, but an announcement is expected soon. Translation what we want the new government to do i is tackle poverty and unemployment. Whenever th
Self shredded is heading back under the hammer. Hello and welcome. The taliban appears set to announce a new government for afghanistan within days, but the European Union and britain have said they wont be recognising it. Speaking on a visit to pakistan, the uk foreign secretary, dominic raab, said he wanted the country to be stable, and aid could be provided via charities. We begin in kabul, where our correspondent, secunder kermani, reports on how the taliban are already changing daily life. Side by side, taliban fighters and local residents. This is Friday Prayers in kabul. A cleric from the group tells the Congregation Theirjihad is changing, from a Military Campaign to one ridding society of corruption. Theyre still yet to establish a new government, but an announcement is expected soon. Translation what we want the new government to do i is tackle poverty and unemployment. Whenever they announce it, people will be able to properly get back to work and the economy will improve. T