Out. Our conversation with jeremy stopple min later this hour. Tiktoks Parent Company is asking a u. S. Court to intervene in President Trumps attempt to thwart the sale. First, a comeback for big tech in the stock market. For more on the trade, we are joined by Sarah Ponczek in new york. Walk us through the day and how tech drove market action. Tech we did have a turnaround, this two days after the nasdaq fell. You see the nasdaq 100 back on top. If you look at your other major benchmarks, not staging as much of a rally. What changed . Not too much. You could say its just a comeback. At the same time, there were headlines about further restrictions in the city. It begs the question about whether or not people will be working from home, stuck at home with restrictions longer than previously thought, especially with the positive news on the vaccine. The that, we see stayathome trade likely to return. With tech getting hit hard the last few days, is the worst over, or is the worst still
National security prompted President Donald Trump to weeks ago threat an ban on both apps. Today secretary ross said the clock is ticking. For all practicing purposes will be shut down. Reporter the Trump Administration fearing these chineseowned platforms can exploit security gaps and harvest data from u. S. Users in in theory, it argues it threatens u. S. Foreign policy and the overall economy. Were not going to do anything to jeopardize security. Reporter users will no longer be able wnload either app or receive upgrades. If you want to become a tiktok user, you wont be able to download it assuming the Trump Administration action actually takes place. Is that the same for we chat as well . You certainly wont be able to download we chat. Based on what you like, it gives you content that they think that youll enjoy, and like he and my friends can look completely different, like if you do dancing videos, or comedy videos. It really caters to you. We chat is geared for communication, pa
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