From home and implementing new restrictions he is speaking to the uk as we speak. And big tech stocks gaining back some ground after a rough month. Amazon climbing up analysts say the selloff created an attractive entry point. Sara, we have 59 minutes another volatile session amazon is nicely higher. The Broader Markets are slightly higher yeah, taking all of Consumer Discretionary it with. Retail winners today as well coming up on todays show, despite the upturn, the nasdaq is the underperformer in the month of september so far. Were going to ask tiech investr dan niles where he is putting his money to work. Even the ceo of levi will join us with a look at how consumers have spending money. And speaking of retail, were counting down to nike earnings to day after the close, nike by the way, best performer in the dow right now. Well get results from stitch fix, kb home and teslas Shareholder Meeting and battery day. It is shaping up to be a busy afternoon of news. 58 minutes left of tra
Boris johnson sparked outrage. News out ofing south korea. We are getting the jobless rate falling to 3. 2 percent. The expectation was that the jobless rate would come in at 4. 2 percent so this is much better than expected. We are also talking about the sixth straight month of decline in jobless rates. That 270 4000ring jobs were removed in august from a year earlier. We know that south korea has seen its government really boost those job creation efforts not to mention we could have seen domestic demand being held by the Summer Holiday season and more jobs being available. The government pushing for a fourth extra budget. This is of course helping workers and businesses who lost income due to the latest restrictions and jobless rates. 3. 2 . In for august at watch out for what happens later in the following months given we have seen this flare up in virus cases towards the end of august, haiti. Haidi. Haidi pretty dire numbers coming out and we continue to watch what happens when it
Wednesday and this morning, dow indicated down about 170 right now. S p down 21 and nasdaq down by 58 just 4. 5 from its alltime high more about what it has been doing well the nasdaq 4, 6 or whatever you dont call it the nasdaq 100. It is concentrated i heard Brian Sullivan saying early that of the nasdaq 100, that 35 of those companies are trading 10 higher or more for year to date not the full year but year to date what weve seen this year broadening out a little bit there is the big chetech and the big tech that seems to be well suited for what we are all doing. Not a total surprise oil hasnt hurt either remember, it was the may contract when it expired at the end of may something theyve never seen us before wti back up to 34. 07. That tells you what people are anticipating it has rallied 70 and only at 34. Right tells you a little about what is happening here also take a look at treasury yields we are around 21 for the 10year. 10year at 0. 664 . Andrew thank you, becky lets bring
The pullback overblown . A change at disney. Bob chapek becomes ceo immediately. Bob iger will remain chair and continue to direct creative endeavors. Another bloody day in the markets on the back of more bad news on the coronavirus. Watching the edge of another cliff. No surprises for how we are set up for this wednesday trading day. New zealand already off by almost 2 futures. Here in sydney, poised for another drop. Asx off this week. A couple of things to watch out for when we do get going, Virgin Australia announced a firsthalf loss of 97 million. We are also expecting rio tinto earnings after the close. Nikkei futures off about 1 5 of 1 . A quick look at the currencies. The aussie dollar did briefly dip below . 66. It is just holding on above that level them. The yen continuing to strengthen. A little bit of a rebound but not much in the 10 year as well. The u. S. Centers for Disease Control and prevention is warning americans to prepare for the coronaVirus Outbreak at home. It i
They are blocked from buying the securities. I just wanted to highlight that there are already decisions made so that you can implement this in a very efficient manner. Finally, if you will turn to the last slide, we will just summarize the next steps in terms of confirming that it works with the planning document and we have confirmed that we have already worked with t. D. Ameritrade on setting up a process for ongoing, and it is just a look to see if participants start using it, we are at 195, currently. We will continue to monitor the fees that are charged, and we have looked at that. Again, it is very competitive and favourable. And then we will run those quarterly screens just to make sure theres nothing that pops up on that restricted list that i already outlined. That is the ongoing process. And they have set up a system that will identify any security that might go to a pink sheet or have some sort of reregistration security, which can happen in various situations. And we will