Super markets spree Grocery Sales as british shoppers spend more to stock up amid the lockdown loreal looses ground after the french group scraps its guidance and warned that coronavirus will have a bigger impact that previously expected. Chinas factory activity has restarted and apparently rebounded in march after disruption was disrupted bit Virus Outbreak the pmi has risen to 52. Anything above 50 is expansion the number in february came in at a record low of 35. 7. Highly significant but much better than expected analysts had been forecasting a contraction. Well get to emily report we are seeing the Hong Kong Market close out a session on a tuesday with positive gains. With the form of the official pmi for march. The hang seng index closing up 1. 4 at 23,503. The latest pmi for march better than expected with a 17point jump to 52 back into expansionary territory coming off a record low in february coming out quick to say that they are cautioning that the readings do not dignal a st
Well, tech is holding up well given it has high multiples coming into this part of the reason tech is the answer to some of the issues particularly working from home, things like krits tricks, zoom, microsoft, amazon, have outperformed it appears this is going to be somewhat of a permanent change theres a spike but even coming out they could benefit we would like to see more breadth within tech. Its been big and focused. Last week was interesting. As we started to get a rally in tech we got a sense for whats going to perform on the other side, services,semis, smaller cap names. We dont think were there yet but looking for infection rates to come down, pmis to improve. The economy is on the mend and then hopefully on the other side steve, its interesting over the past day we see some little moves in this environment that might suggest something. Yesterday microsoft announced changes to office 365, calling it microsoft 365 planning to open up access to teams and features in teams to more
The stimulus package, but senators still working through some sticking points. It has not passed yet. What is your read . Romaine the market clearly waited on that. Around mid today midday today there was an outline from Bernie Sanders saying he had objections to the bill surrounding unemployment insurance, and he was willing to hold up the bill if these issues were not addressed. That seemed to take some wind out of the rally. We were doing very well up until about then. Day,a little later in the there was some news crossing the wire on apple. Was reported that apple might push back the potential release of the 5g iphone that some any people were anticipating this year. Based on that, we actually saw the nasdaq composite and the nasdaq 100 give up their gains on the day and move into the red, even though the broader market, the s p 500 in particular, remained in the green. But there was concern. Apple was actually up about 5 on the day prior to that, and closed down. 5 . Apple supplie
Good afternoon everybody. I would like to begin by thanking my friend the Ranking Member for helping plan and hold this hearing today and i would like to thin thank the expert witnesses on the first panels. In the interest of time we are going to dispense with Opening Statements first of all thank you for this hearing. From the department of justice fbi Homeland Security as well as a separate panel of experts to speak about the Data Security threats in the nation. The title of this hearing in my view doesnt quite capture the nature and scope of the threats. Threat. The problem is bigger than beijing and broader than anyone in the industry. The nation faces an onslaught of cybercrime to b baby internet ce can be a co Complaint Center received 170,000 complaints leading to over 3. 5 billion in losses a 20 increase since just 2018. These threats come not just from criminals but from nation states russia, china, iran and north korea particularly have sanctioned Cyber Attacks against the en
This hearing today and i would like to thin thank the expert witnesses on the first panels. In the interest of time we are going to dispense with Opening Statements first of all thank you for this hearing. From the department of justice fbi Homeland Security as well as a separate panel of experts to speak about the Data Security threats in the nation. The title of this hearing in my view doesnt quite capture the nature and scope of the threats. Threat. The problem is bigger than beijing and broader than anyone in the industry. The nation faces an onslaught of cybercrime to b baby internet ce can be a co Complaint Center received 170,000 complaints leading to over 3. 5 billion in losses a 20 increase since just 2018. These threats come not just from criminals but from nation states russia, china, iran and north korea particularly have sanctioned Cyber Attacks against the enterprises. A lot more than our personal data is at risk. That doctors caby doctors can pe hospitals and government