Take a hit. The covid consumer, walmart, home depot and kohls among retailers reporting earnings today. Walmart says ecommerce sales up 79 . And elon musks billions, tesla getting a spot in the s p 500. It is among the highest valued companies to ever enter the benchmark index and musk is on top to become number three, that is the third richest person in the world. Indeed, guys. Well start with the retail picture this morning, jim, youve been vocal as to the investor response on home depot and walmart. I guess thats related to the news out of amazon. Look, by the way, those stocks do tend to run up in the quarter and sell off thats nothing new a more aggressive amazon is always something we have to Pay Attention to i remember when amazon bought pill packs, the drug stores got killed i also point out that walmarts online david, thats not going to go away you can argue someone is going to argue thats the peak i would argue that amazon and walmart have taken so much share in this country,
Not quite as thrilling after day as we had yesterday. Ashley connell it, would be hard to repeat. S p and nasdaq dropping because of a covid 19 vaccine fading a little bit. Investors pull out money from the tech companies, that benefited most from the pandemic. Look at the dow and s p and nasdaq down. I want to get tech stocks red across the screen. Microsoft, facebook, nvidia, Big Semiconductor conductor down 6 . Adobe systems down 4 . A lot of the stocks higher on the year but a victim of the rotation of money out of tech. If it is coming out of big tech where is it going . Lets take a look. Consumer defensive names. Companies likes walmart, costco, target, proctor gamble. There they all are. Weve gone from a red skeen to a green screen. Target, all the others also higher. Industrial stocks giving boost from a csx railroad gaining more than 3 as did ge, right around 3 . Raytheon up 4 1 2 . We should mention boeing, gaining more than, well, see in the final analysis 5. 2 . It was up m
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The committee on Foreign Affairs will come to other to order. That objection the chair is authorized to declare a recess for the committee of any point and all members will have five days to submit statements, extraneous materials. To insert something to the record please help your staff email the previously circulated address or Contact Committee staff. As a reminder to members staff and other physically present in this room for guidance on the office of attending physician masks must be worn at all times to during todays proceedings except when a member or witness is speaking. Please also sanitize your seating area. The chair have used these measures as a safety issue and therefore important matter of order and decorum is proceeding. For members participating remotely please keep your video function on at all times even when you are not recognized by the chair. Members are responsible for muting and on meeting themselves and please her memo to mooch yourself after you finished speaki
Away tonight, were learning the tragic details of how loved one spent their final days together. Good evening and thank you so much for joining us here on kron 4 news at 8 oclock im Justine Waldman vicki is off tonight, im grant lotus dangerously high temperatures are expected to blanket the bay area this weekend prompting the National Weather service to issue a red flag warning. They get a live look outside right now at downtown San Francisco. Its not just the heat that were worried about even though it is a lovely friday night out there right now indeed were expected to get real serious winds gusts of more than 40 Miles Per Hour chief meteorologist Lawrence Karnow is here with the details arent yet here we go guys were in fall on this that time of year we get a peak fire season temperatures going to be heating up lets take a look at those numbers tomorrow are up in the 90s inland 70s and 80s inside the bay and 60s not a bad start your weekend. Then we start to crank up the temperatur