Is the 1st language, and now theyre introducing swahili as well. Lets check it out. The line from moscow, youre watching r t international. Im rachel ruble to our top story. The vote counting in slovakia is over and a new leader and vision is set to take the country forward. Robert pizza smear party is points to the 5 that you narrative on ukraine and focus on the countries internal issues instead. Okay, and i, its like it has other and bigger problems in ukraine. We dont agree with. I mean degree ive, youve sma forms of coalition or what we would do. Everything also is a part of the email you a support. Everything for piecing ukraine and efforts to stop peace negotiations on the cranes. It looks good when you feed. So and his social democratic parties mirror came out on top in slovakia is parliamentary elections winning over 22 percent of the vote. Progressive party, a slovak. Yeah. Whose leader calls for e u. Unity and stronger support for ukraine trailed in a 2nd feed. So at 2 time
Europe. And the president of already are on sales new details about the countrys elections, claiming that the us pressured him to metal in the vote count the only chevy out of the day. This is all the International Life lucko. Good to have you with us while thats got to on top story. And like i said, quick developing its breaking news this morning on the heels of altima, expanding a top indian to mountain usually has retaliated in kind, ordering out a Senior Canadian official to hi commissioner of canada to india with someone today informed about the decision of the government of india to expel a Senior Canadian diplomat based in india. The concerned diplomat has been asked to leave india within the next 5 days. The decision reflects the government of india is growing concerned at the interference of canadian diplomats in our internal matters and their involvement in anti india activities. Well this to the top response comes off to justin, true to a tooth india of having a hand in the
We are halfway through the trading day, and its been a little choppy. Julie this has been a flashback to what we were seeing last week where we are seeing a diversions between technology in the form of the nasdaq going lower as the dow gains on nearly on1 . It appears we are seeing rotation into things like financials out of things like technology, as we see some optimism surrounding the tax plan, but it is not universal. If you look at the nasdaq, the largest Cap Tech Companies are being affected more. That is outpacing the declines in the broader nasdaq composite. A couple examples of stocks we are seeing being traded lower. And square. This appears to be a combination of factors. Weve learned that a Company Paypal acquired was the victim of a Cyber Security breach that affected as many as 1. 6 million accounts. Both paypal and square do not have as much to gain from a tax cut because they have a tax rate. Low im not sure if we have a chart of those companies. There they are. Paypal
The last year. If not the last week. We see the vix picking up as well. Unsurprisingly. Another times during the week, there isnt much fundamental news coming throughout the day, it is more the gyrations and ripple effects that are continuing during the selloff as investors and traders try to position themselves. Technical levels are becoming more important as well. Take a look at the bloomberg. Here is the s p 500 with its moving averages. I want to zoom in on it to give you a look at what is happening in todays session. What you had here, here is that 100 day moving average. Right now, we are right smack addict. 26. 39 is that level. Give it a day, we fell below it and bounced back up. There was a note from Michael Close that said if we do more definitively below it, then we could see more momentum down toward the 200 day moving average, which is at 2538. This is something that traders are continuing to watch. Lets take a look at some of the movers in todays session. Amidst all this
High for the day. We should not get too complacent. We have continued to see swings. If you look at the gains, they are pretty broadbased. Only energy is lower. That has been the Weakest Group throughout the day. Utilities recovering as we see a little bit of a back up and yields today. Tech shares also strongs. Also strong. If you take a look at the weekly performance, we are setting up for the best week for stocks overall in quite some time. For tech specifically, and the xlk, it could be the best week going back to 2011 with a 5 gain this week. That would be even bigger if you counted the rally which began last friday. Cisco is helping lead the technology gains. That company is trading at a 17year high. The company came up with revenue that rose for the first time in eight quarters. The forecast was also positive and the company said revenue in the current period will climb as much as 5 . We have seen other companies and related businesses also on the rise. On the call today, the ce