Of the surge in new cases. Ill have more on that in a moment. We are getting new information on the twitter hack. It wasnt just a handful of celebrities. 130 accounts were targeted and it appears to have been an inside job. That is serious stuff. Im not sure that Twitter Twitter is up, thats right. Im thinking of another stock. Okay, twitter is up just a fraction. It is serious stuff about twitter. Weve got an analyst on the show who says it might have been a test run for something much bigger. Time to drop your twitter account . We will ask the question and get an answer. More on that coming up, too. Lets get to the market. This week we have seen a shift away from big tech and towards smaller companies. The russell index of small cap stocks, for example, up 3 this week. The dow industrials, down just over 2 . This morning, we will open with a nice gain for the dow, up maybe 100 points, 26,600. Look at the nasdaq. Theres a bounceback for you, up 100 points at the opening bell. All righ
Want to highlight energy. It is at the bottom of the barrel, down 1. 6 . Part of thousand of cyclical trade we saw the beginning of the week on monday. 8 also have oil lower today. I want to stick on oil. Even though it is lower today, it is still up in a massive way on the month. It has gained nearly 80 in may, the best month on record. Supply and demand in the market starts to look more balanced and wti is ending the month around 33 a barrel. David . Waiting to hear from President Trump. We have already heard from jay powell. Earlier today our colleague Michael Mckee sat down in an exclusive interview with Loretta Mester, the cleveland fed president. They talk about euro curve control. Yield is flater at the short end, so maybe with the Forward Guidance it is not necessary to do something to emphasize the Forward Guidance. I do not want to take it off the table is something for me to think about as a possible tool. I do not think we needed at this phase, or do i see so much forward w
A new, widely Controversial National security law for hong which has been protested by folks in hong kong. Investors concerned these actions could destabilize the global economy. I want to bring in markets reporter taylor riggs, who has been following all of this. Break down what happened for us. Taylor it looked like we were green and in the clear until the last hour of trading, and then you sort of mentioned other headlines that made markets very nervous. Trump said he would have a press Conference Friday to talk about china. Then theres a lot of concern about the National Security law china signed that in effect would remove a lot of the economy from hong kong. In the last hour of trading, everything fell apart, but the key theme remains. Some of the Big Companies are still some of the big out performers. The s p, which is a marketcapweighted index, outperforming relative to the nasdaq, which also includes some of the smaller companies. And of course, the russell 2000, which is the
Yelp is a website and Popular Consumer applications it allows both connect with great local businesses. Its a service that empowers and protects consumers, allows people to discover great local gyms in a way for consumers to warn fellow consumers about not so great businesses. So how many visitors a month you have . Depending on how you want to break it out, this people who access it via mobile web, the website, be of the app, its north of the 100 Million People and we have over 200 million reviews that have been submitted. So so how do you make money . Yelp, not unlike Services Like google, Search Engines its a vertical Search Engine if i do a search for a dentist in san diego, there are a handful of dentists who are paying to basically have a sponsored, clearly labeled as such link to get study of business and patients coming through the door. google physically demoted non google results even if they contained information with Higher Quality scores than the information. What does tha
And if you missed any of our coverage, watch anytime ondemand at cspan. Org coronavirus. At the keyok battleground states in campaign 2020, we are joined here in washington with craig elder, the Washington Bureau chief for the milwaukee journal sentinel. As you look at ulysses and the covid19. Craig wisconsin is a divided state and also has a divided government with a republican majority in the legislature but a democratic governor. Growings been a lot of partisan disagreement and conflict over how to manage the pandemic between the governor and the legislature and wisconsin is a little unique in that we have this situation where a state Supreme Court with a conservative majority struck down the governors stayathome order. So, overnight lifting the restrictions that had been put in place and which were gradually going to be lifted anyway. The state of play in wisconsin. Wisconsin also had two elections. Host i want to focus on campaign 2020 that let us go back to 2016 with the results