Authored by Zachary Stieber via The Epoch Times (emphasis ours),
Dominion Voting Systems and Maricopa County officials are refusing to hand over passwords for election machines to auditors in Arizona.
Contractors working for Cyber Ninjas, which was hired by the Arizona Senate, examine and recount ballots from the 2020 general election at Veterans Memorial Coliseum in Phoenix, Ariz., on May 1, 2021. (Courtney Pedroza/Getty Images)
Dominion said in a statement to news outlets on Thursday that it would comply with the audit, but Cyber Ninjas, the firm hired by the Arizona Senate to conduct it along with three other companies, is not accredited by the U.S. Election Assistance Commission.
The Colonial Pipeline, reopened late yesterday (SPY +0.4%). $365 billion wiped off cryptocurrency market after Tesla stops car purchases with bitcoin.
Here is the current market situation from CNN Money
European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Americas Multi-Trillion Dollar Infrastructure Security Crisis Last Friday, a cyberattack prompted the shutdown of the biggest piece of energy infrastructure in the United States, the Colonial Pipeline system that supplies almost half of the gasoline and diesel that the East Coast consumes. The attack naturally led to higher gasoline prices and a run on gas as drivers worried about looming shortages while Colonial Pipeline Co. worked to restart the flow of fuels. Yet the higher prices at the pump and a possible shortage of fuel supplies are the smaller problem.
Written by GaryDOW ends down 1.4% in worst day since February; Nasdaq claws back to flat line (SPY -0.9%). Big-tech bloodbath continues after biggest sell-program in history.
Written by GaryPeople return to supermarkets as online sales slow (SPY +0.3%). Biggest premarket movers: General Motors, Lyft, Match Group. 10-year Treasury yield edges higher.
Authored by Tom Ozimek via The Epoch Times,
Skyrocketing lumber prices that have tripled over the past 12 months have driven the price of an average new single-family home to rise by $35,872, according to new analysis by the National Association of Home Builders (NAHB), with the price spike threatening to hobble the momentum of the U.S. housing market, one of the bright stars of the recovery from the pandemic recession.
While homebuilder sentiment remains optimistic, as indicated by the NAHB Housing Market index, headwinds due to rising building costs have pulled the index down fr .
Three weeks ago, just before the start of Q1 earnings season we said Q1 Earnings Will Be Stellar, But Are Fully Priced-In noting that the past quarter is already fully priced in - and expected to be spectacular - which is why actual earnings may only disappoint.