Concerns about a second wave of covid19 with cases surging past 2 million in the United States. Texas numbers have been hitting new highs and houston is reconsidering reimposing its stayathome order. We will continue to follow that. I want to welcome in kailey leinz. Is drivingabout what stocks down. Between 5 es ranging and 7 . In terms of what is driving it, probably eight multitude of factors. The grim outlook from the Federal Reserve yesterday. Layered on top of that, concerns about a possible second wave of the coronavirus and the fact that we have run very far, very fast. There may have been a little profit taking involved in this equation as well. You had small caps really underperforming. They have kind of been a proxy for that recovery trade. They were down 7. 6 today. Yields on the long and with the 10 year yield down about six basis points. On the day, out of the 505 stocks in the s p 500, only one closed up, kroger, one of the classic kind of coronavirus safety plays. Did i
The state of the union address, tuesday night live on cspan. Listen live with the cspan radio a. The Senate Energy and Natural Resources Committee Held a field hearing of the 2018 washington auto show to examine technologies for making cars more energy efficient. Witnesses from gm, toyota, Oak Ridge National laboratory, and the center for Automotive Research testified. This is one hour and 45 minutes. [inaudible conversations] [inaudible conversations] [inaudible conversations] good morning. It is a unusual to be at the Convention Center point Energy Hearing but it is appropriate given the subject matter we have today. But it is a great setting surrounded by the latest and greatest the Auto Industry has to offer. And from the great state of michigan has encouraged me that the washington auto show is good the Detroit Auto Show is great. [laughter] so that may be the locale on the same subject. I appreciate you sitting in. I understand that senator manchin will be with us but he is enjoy
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