Cybersecurity annual summit. Andill he or from industry government officials about security challenges amid teleworking during the coronavirus pandemic. Minutes. Welcome, everyone, to the pandemic panel. I am delighted to speak today. I am the Raytheon Cyber protection solution. Pleased to be joined by a [inaudible] and also by jeffrey. Im Senior Vice President of the cloud and networking business. Lets jump right into it. Its safe to say we were thinking of the Home Strategies and the big focus was election 2020. We all know we had to leap into a new posture with people working from home and there is a lot of impact not to mention those just from the lifestyle of health to proliferate. It is a pretty big undertaking. I would say that i am really pleased with how prepared are. We already mad made a number of platform decisions so weve are leveraging called services i would say w we have to like everyonhad to likeeveryone elsea better job probably the two biggest areas that were challen
No nationwide lockdown thats the message from President Trump as the feds deal with a growing list of hot spots around the country and why the white house is saying it wants to cut any deal between microsoft and chinas tiktok it wants a piece of the action tuesday, august 4, 2020. Good morning im dominic chu in for Brian Sullivan today kicking off your Tuesday Morning with some stock instability. The dow down some 40 points, the nasdaq down 40 points as well. The s p off by 18 points the market rallied after capping off a win streak the dow rallied more than 400 points as you are seeing in this time lapse from yesterday. The index hitting another alltime high with the 29th record close of the year so far. The tech sector broadly higher closing in on its alltime high as well. The S P Technology center up 24 gains year to date sales force, microsoft, facebook, take two interactive, qualcomm apple, after a more than 10 gain on friday closing up another 2. 5 , the stock is now just Percent
Morning. Dow, nasdaq and s p scoring fourth straight month of gains. One of americas old retailers filing for bankruptcy. Lord taylor hit hard by the coronavirus pandemic. Surprising results of new study ahead. Mornings with maria is live right now. Dagen global action, european markets up across the board. The euro zone economy showing signs of some growth, purchase Managers Index there for july coming in at 51. 8. Anything over 50 shows growth. In asia overnight mostly higher, private survey of chinas Manufacturing Activity showing growth for july. Purchase manager index hitting 9year high. Gold shines, on a roll closing in on 2,000 an ounce. White house officials and democrats set to meet again today to discuss covid19 stimulus bill. Cheryl white house chief of staff mark meadows says we still have a long way to go and hes not optimistic about reaching a solution soon. Democrats want the extra 600 of Unemployment Benefits which ran out last week extended an republicans want to reduc
Chikfila. All that and more coming up on making money. Meantime stocks hitting record highs today as we continue our santa claus rally heading into the years end. What a difference a year makes. Last december it was all doom and gloom. It continued right through the summer. Recession jitters. President trump said to be rattled as economic alarm bells cause a wild week on wall street. There are indicators that the u. S. Could be headed for recession. There are some rough waters ahead, maybe a recession. Fears of a coming recession spiked on heels of a key economic indicator, what is called an inverted yield curve. The yield curve has inverted every, before every u. S. Recession since 1955. They say potential recession on the horizon. Recession. Recession. Recession. Susan a lot of use of the r word. We have experts predicting more gains to come next year into 2020, yes a president ial vote. Joining me, jim awad, we have Money Map Press chief Technical Strategist d. R. Horton. Jim, reces
Confidence ticking lower in november though still largely positive. Joining us for the hour is mark tepper from Strategic Wealth partners mark, welcome. Thanks for having me. Even as i just went through those different points that are driving the action today, weve got records again for the dow and the s p, albeit just barely. Right, yes. I mean, all investors are pretty much still riskon and whats most surprising to me is you have this news coming out of china where china is potentiallily bay lbalking at ae deal, but were at a new alltime high. The market has shifted from one of economic deflation to policy reflation and thats typically good for stocks, right a low inflation, Slower Growth economy is good for stocks over the next six to nine months, now would not be a good time to be underweight equities. You want to be pathetics right now. Is the trade deal priced into this market . I think completely, almost fully priced in right now. I think weve seen quite the runup over the cours