Sees a 25 rally ahead should you bite into this name we begin with the news that moved the markets, stat news pulling the coronavirus vaccine. The reports saying according to the vaccine experts, theres really no way to know how impressive or not the vaccine may be while moderna blitzed the media, it revealed very Little Information and most of what it did disclose were words, not data that report sent stocks tumbling look at the Market Reaction when the story hit just around 3 00 p. M. Eastern time and it closed at the lows of the session and modern a of course, finishing the day sharply lower. Guy adami, the hope rally was fueled by moderna. Hi, mel here we have the decline in the markets because of moderna yeah. And its disappointing, number one. And im not a Clinical Research scientist more do i pretend to be, but we talked about this last night we said, you know what this it seems a little sparse in terms of information and we thought people were getting their hopes up and yesterd
prince george, princess charlotte, and prince louis there in shops you can hear the planes were already got wipe off so this should be over 30 aircraft taking to the skies subject to whether as you can imagine, we re looking at what it s like clinic three, flying over buckingham palace prince louis, not looking at impressed, yes. i m sure so we re gonna get some faces soon, right and of course we ve mentioned that there are so many who are are looking to see how well the king and princess catherine are? of course, they re both living with cancer, undergoing treatment for cancer the specifics undisclosed, but on our conversation about his slim down monarchy, this is especially slim considering the dozens of people we have seen on that balcony in years past yes. i mean, if you take us back to 2016 with hamas mystic realism the seconds, there were i think more than 40 people on that balcony, a much bigger royal family with prince andrew, his daughters were often on the bal
As we can see the renewed theme of rotation, rotation out of technology and into financials and industrials, for example, evidence in the dow. S p 500 in the middle, up. 5 , so benefiting by the surge we have seen in stocks related to the tax cuts passed over the weekend. Another way to look at the weakness we have seen with technology in this chart, looking at the percentage of members of Different Industries with 14 day relative strength index above 70. In other words, are we seeing them overbought at these levels . Look at the s p 500 in blue, the percentage going up even as techs have been going down. Indicator forum this group relative to the broader market, that it has been weakening versus the broader market. On the subject of rotation, if you look at some of the weakest names today, they are in the top 10 performers in the s p 500 this year. Align technology, maker of the invisible line braces alternative, we have ma icron, and we also have lam, Semiconductor Makers that have d
First we start with chaos on capitol hill as it took down stocks again, the dow sinking and ending the day down triple digits this as protesters in d. C. Has emerged as uncertainty swirls around the final draft of the tax bill ylan mui is on capitol hill for us tonight reporter scott, this is really democrats last stand to try to block this tax bill they stormed Office Buildings here on capitol hill today they were chanting tax the rich, not the sick. They also said, kill this bill, dont kill us. We saw the protesters sitting down on the floor, trying to block the entrances to lawmakers offices they were blocking the hallways as well. We saw several people getting arrested, about 300 protesters at all were expected here today. They were targeting lawmakers who represent swing districts, republicans who might be representing purple districts. For democrats, this is really now more about just the tax bill they now are looking at this as a health care issue, because the Senate Version of
Points s p turned negative. Down by lows to 3 points the nasdaq down by 72 points this morning a mixed bag again dow futures indicated up by 43 points s p down by 3 points the nasdaq down by 27. Overnight in asia, the nikkei ended down by 0. 3 the hang seng down by 1 shanghai down by 0. 20 in european trading, ret arroir across the board, though the ftse is at the flat line lets check out currencies yesterday cruel oil prices were down 1. 5 . This morning the dollar is up against the euro at 1. 1862 dollar yen at 112. 45 Republican Leaders in the house and senate are racing to merge the tax plans and send the bill to President Trump before the end of the year. A Conference Committee plans to reconcile the two pieces of legislation starting this week among the differences the house has four individual rates, the senate seven the house cuts the corporate rate to 20 right away the senate waits until 2019. The senate repeals the individual mandate while the house doesnt. Another point of p