Levels last week. Joe at one point, the nasdaq down 4 . Up. Ine some stocks are tyson foods, people still eating chicken out there. 5 . Joe real meat. Romaine not the alternative. Scarlet tyson foods up 5 . Jacobs engineering gaining 1. 7 . Lets dive deeper into the marker and into the market action. Luke i like to add a little size and scope to what we are selloff, terms of china. Collection of companies they put together, the median stock has 22 of the revenues. 33 of the basket is capped at tech. The worst trade war related selloff we have had yet. Stocks with a lot of u. S. Exposure have been doing better than the u. S. Wants. Scarlet intraday, the Wti Crude Oil is sliding today along with its peers. This situation had been sparking a flight from risk assets, unsurprisingly. The bt isolated to near vdi wti slid. Lossesd some of the after a drop at the main storage hub persisted. The dispute between the top two economies in the world is going to hurt demand. Weaken stokedyuan fears
We saw a little bit of volatility with stocks starting the day on a down note. Crude oil is the one to watch after this attack on oil tankers after the tanker incident in the gulf of oman. We will be speaking to reporters on the ground. This is the picture for the u. S. 10 year yield. Also looking at the pound but this is the first day were we have u. K. Lawmakers doing the first round of voting. Voting to choose the next Prime Minister want to choose the leader of the tory party. Minister and to choose the leader of the tory party. Coming up next, we speak to the chief executive of the Swiss National bank after their policy decision. But first, lets get bloomberg first word news. Hong kong lawmakers have scrapped a debate on controversial extradition legislation as tensions remain high between police and protesters. The question turns to what happens next and if this will become a prolonged protest. Some say hong kong is not a safe place to keep assets. If you are an investment banker
Bearish strategist has finally capitulated. It is nvidias week. Four analysts upping their targets ahead of results on wednesday. And apple reportedly edly slash iphone prices to count huawei. A historic week for stocks, jim. We got to 40k, we hosted 11 on the vix, but just barely, but we did. People are stalki talking ab stock market. For the long time, they talked about my tomatoes. And then say, wow, what is that about . People who have not been in. People who are thinking, is it too late . I try to present a constructive view. But its gotten in peoples minds, carl, and also numbers from gallop last week who said 62 of the people are back. Someone in their house owns stocks. Thats up from 52. Which was interesting. 52 was the low, which is just when the dow got back to where it was before 2007. So, you had 2007, people got back to even and they left. And now genz, gen x back. Millennials back. Boomers i think just blown out and dont rely. And its quite encouraging, because if we can
Ukraine was presented with a list of proposed reforms, what it includes and whether future military aid to ukraine depends on the implementation of these reforms, you know, maria, that list, that document that got into the hands of the ukrainian press, it contains priority reforms for 3, 6, 18 months , and they are all very important, it is, in particular, about reforms related to the functioning of supervisory boards of state enterprises, anticorruption from. Also in general, the functioning of the Judicial Branch of government, as well as reforms in Defense Enterprises or defense institutions and institutions, however , it is worth saying that in the ukrainian press, and the information that appeared, it was said that the white house somehow passed this list to ukrainian authorities and that the future of United States aid, in particular military aid, will depend on the implementation of these reforms, we actually decided to ask directly in the white house, in the white house, is thi
I want to make sure we have that time, because we have to have that time period available. We cannot go to close to the end of the year. It does not matter if we are passed by a week or so but we wanted by the end of october. Mark david davis pushed back against the october deadline. He wants the deal finalized over the last three months of the year. The you will have no say during the transition period. Four months after Hurricane Maria struck puerto rico Officials Say thousands more are still living in hotels. Reimbursements from feeema have begun to run out, and many say they cannot afford temporary housing without assistance. Maria completely destroyed more than 70,000 homes and damaged 300,000 more. The agency says the program will end march 20. In galveston, texas, Officials Say nearly 800 families remain in hotels five months after Hurricane Harvey destroyed or damaged their homes. Floodwaters that have reached a peak in paris are threatening towns downstream along the seine riv