Its down 207 but the russell 2000 has the biggest percentage loss. The small and midcaps are getting creamed, down about 3 right now for the russell. Powell tying an economic recovery to a Covid Vaccine and therapies that can cure horrific symptoms including a disturbing new lifethreatening clotting disorder like the blood clots that cost a broadway star his leg. Enter the biopharma ceo mike sherman, here in a fox business exclusive on his new anticlotting covid drug thats on the fda fast track. Boy, are they moving fast. Plus as the covid outbreak destroys huge retail names, its actually bringing back one from a near coma, at least the stock. Speaking of stock, its overstock. Com, not just alive but actually thriving with triple digit sales increases. Overstock ceo Jonathan Johnson here in a fox business exclusive on the steps hes taken to fill a leadership vacuum left by the controversial former ceo, patrick byrne, and the problems of coronavirus. Plus bring on the quarantinis. Alcoh
In just a few moments, we will be joined by the double line ceo jeffrey gundloch well get his take on all things market lets check to board to see where it stands. Russell 2,000 having have strong day as well. Everybody, its good to see you. Its a big week. How much is riding on it, do you think . Well, i would say here, i think this rally is going to get exhausted bit. I think were at a point many the rally where a lot of thing vs to go right in order for this to continue. This has really been driven by macro news we have to look at fundamentals. The expectations right now are a strong recovery starts in the third quarter. Youve got the major averages have done incredibly well, 30 plus . Nasdaq, you go inside the nasdaq, facebook, amazon, alphabet 25 and some cases higher than that tech better live up to those gains. These earnings, this week all of those heavy hitters are coming down the pike. They better live up to this v shape bounce that the market has given us, right . Technology
Streamers and those in competition with one another. 16. 5 percent taken off the growth of the stock this year. It had been a 400 growth rate. Not a huge amount, but a little bit of trepidation with disney getting in on streaming. Disney down 1. 6 . The market is dragging down with it. It had a great weekend with frozen 2. Disney to be happy about but the stock is lower. Guy in europe, we are at session lows. Stoxx 600 down by about 1. 5 . Every sector in negative territory. We are suffering from a compound, compounding factors. It started with decent data and the market went up, and then not then thegood and narrative has followed through. The u. S. Data not helping. Yields are eight basis points higher. A bid on the euro. Eurodollar, an incredibly tight range of the last month, but today up by around. 5 . The ecb president is speaking on Monetary Policy at the european parliament, saying the bank will be resolute in restoring price ability. And she also said an upcoming strategy revi
, was allegedly an attack by russian drones on the motorcade of the president of ukraine. Another american abrams tank was destroyed with the first shot in the battle near avdeevka. The ministry of defense spoke about this. The fact that our military is turning the vaunted western miracle machine into scrap metal was known before, at least this is the third in a row. And by the way, he was first knocked out during a tank duel, and then he was also given excellent personnel upgrades. With details. Command and control units of the group of Troops Center , as a result of coordinated actions, they occupied more advantageous positions, the enemy lost up to 460 military personnel, two tanks, one of them an abrams, made in the usa, was destroyed by the crew of the t72b3 tank from the first shot, a selfpropelled firing installation of the buk antiaircraft Missile System, four combat vehicles infantry, two armored combat vehicles, five vehicles. Well, here is footage of the destruction of the a
The range of weapons against which air Defense Systems should work is expanding with every day. Shaigu noted that Radar Systems are needed not only in the Northwestern Military zone, but also to cover objects in border areas. The minister demanded that the heads of enterprises adjust the schedule for supplying products to the troops and maintain a uniform supply of weapons throughout the year. You all know how important it is. In todays conditions, especially in the zone of a special military operation, is acquiring air Defense Systems, and the range is expanding every day, the range of weapons against which systems should work for the appearance of strike unmanned aerial vehicles, long range, greater power, the appearance of haymars missiles from the enemy, everything that was produced in soviet times. Naturally, we need to look at how we defend ourselves against all this. All this is done by your enterprises. American planes in the nwo zone will face the same fate as american tanks;