For you with Jackie Deangelis watching these markets today, Edward Lawrence has some reporting from washington, well get to edward in a moment but on a friday afternoon jackie we start with you. Reporter well, lets take a look at where the markets finish for the day because the dow started a little bit higher there was optimism about reopening but that petered out because you can see that the dow is down 207 points the s p finished for the day by 17 and the nasdac managing to get out a small gain of three points there but also early optimism about some commentary coming from china about its commitment to the phase i trade deal too, but what really took the wind out of the sales was this report coming out of apple saying that its going to close close to a dozen stores because of spikes in coronavirus cases across the country that have raised concerns so when the market sees apple is a little bit worried the market gets a little worried and they said in a statement and ill just give you
After a fabulous day where the dow gained 240 points, s p advanced. 82 and nasdaq climbed. 90 i got to go there. I got to explain these universes. There is a universe with a booming economy then there is a universe with a faltering economy. One of them is a fantasy the other may be reality but occasionally they bleed into each other we can go everyone freaking out about a possible recession the market was down gigantically since then, though, we got a spade of incredibly positive earnings reports from a gigantic retailer like walmart, home depot, and now target and lowes so which universe is real . The robust one that we seen this week or the teetering one we visited, the one that had me on the today show urging people not to panic panic was the order of the day remember, panic is not a strategy lets dissect these universes, please, because they are colliding here and in the end, we know there can only be one like the highland. The recession scenario that drove stocks down hard last we
and david mccormick. their positions on the leaderboard changing by the minute with thousands of votes still left to be counted. as of this moment this race would certainly trigger an automatic recount. in the governor s race in pennsylvania doug most reno has won the republican nomination. he has championed efforts to overturn the 2020 election results. he is face josh shapiro the state s attorney general, shapiro is the first nonincumbent to run unopposed in a democratic gubernatorial primary since 1930. john fetterman easily won the democratic senate primary in pennsylvania, no drama there, though he might be the first candidate to do so from a hospital bed. he is out of surgery after suffering a stroke and receiving a pacemaker hours before the polls closed yesterday. we will hear from his wife in just a bit. north carolina congressman madison cawthorn has it s a major rebuke of someone else once seen as a major person in the gop but salacious photos puts him on the
Aside as the head of the u. K. Independence party, he said he has done his job and wants his life back. Cc andestment bank ci the China Investment securities are on talk about a merger. The firms have around 28 billion in assets, cicc has declined to comment while there has been no response from cis. Global news 24 hours a day powered by more than 2600 journalists and analysts and more than 120 countries. Lets check in on the markets appeared your opinion stocks falling for them for the first day in five almost rising almost 8 in the four days through thursday. That was the most since february. The ftse 100 is just a whisker away from able market, down by 4 10 of 1 but approaching able market from its lows in february when it was at a 3. 5 below growth, 7 last week, the best oft weeks in september 2011, the currency and bond markets today, look at the pound index which is down again, falling for a third day to a record low since friday. It has dropped by 10 points. The u. K. 10 year yi
Point72 Asset Management L.P. bought a new position in shares of HubSpot, Inc. (NYSE:HUBS – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 198,062 shares of the software maker’s stock, valued at approximately $114,983,000. Point72 Asset Management […]