Theyre merging the china operations with its biggest local competitor. We look at how this move could bring over closer to an pio. An ipo. Lets it over to the market desk. We are holding it is record going the earnings driven on a little bit it just like. It is slowing down. A memosto this is analysts, Goldman Sachs today downgrading u. S. Stocks to an underweight, it is a tactical call here. Not necessarily a longterm but a tactical shorterterm call looking at what we have seen in earnings and valuations. Detach a record before pulling back. We are seeing a lot of movement here. Were this long streak of the s p 500 not moving more than 1 up or down by the close most of the nasdaq is gaining more ground today. If you look at the groups on the move, on the bloomberg you can look at the imap, it is a tug of war. Energy shares are down, on the upside it is tech and health care both are gaining. That is one of the recent the nasdaq is outperforming today. Some of those involved are on the
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