Bowling is set to resume next week, what it means for advertising, spending and jobs. On my colleagues, ben levisohn, carlton english and jack howe. Ben, the market had a good week, and it seemed kind of placid on the surface but down below there was actually some really interesting crosscurrents. Thats right. And i think the first thing that the market had to deal with this week was the specter of renewed china u. S. Tensions. Hong kong sort of lingered there in the background, but its never been one where the other side seemed to be willing to act. I think we saw china pass a new security law for the city, and when trump said that he would respond to that on thursday, it actually caused the market to go from positive to negative. On friday he made an announcement, it wasnt as bad as the market thought, so the market rallied back. But its really something that the market is going to, i think, start to focus on. How much can tensions between the u. S. And china escalate, and how much [
Return soon. Bowling is set to resume next week, what it means for advertising, spending and jobs. On my colleagues, ben levisohn, carlton english and jack howe. Ben, the market had a good week, and it seemed kind of placid on the surface but down below there was actually some really interesting crosscurrents. Thats right. And i think the first thing that the market had to deal with this week was the specter of renewed china u. S. Tensions. Hong kong sort of lingered there in the background, but its never been one where the other side seemed to be willing to act. I think we saw china pass a new security law for the city, and when trump said that he would respond to that on thursday, it actually caused the market to go from positive to negative. On friday he made an announcement, it wasnt as bad as the market thought, so the market rallied back. But its really something that the market is going to, i think, start to focus on. How much can tensions between the u. S. And china escalate, a
Week, what it means for advertising, spending and jobs. On my colleagues, ben levisohn, carlton english and jack howe. Ben, the market had a good week, and it seemed kind of placid on the surface but down below there was actually some really interesting crosscurrents. Thats right. And i think the first thing that the market had to deal with this week was the specter of renewed china u. S. Tensions. Hong kong sort of lingered there in the background, but its never been one where the other side seemed to be willing to act. I think we saw china pass a new security law for the city, and when trump said that he would respond to that on thursday, it actually caused the market to go from positive to negative. On friday he made an announcement, it wasnt as bad as the market thought, so the market rallied back. But its really something that the market is going to, i think, start to focus on. How much can tensions between the u. S. And china escalate, and how much [inaudible] does the u. S. Want
All of faang higher with names like paypal up 5 today. We have two bad final hours of trade over the last two sessions and we have sold off over the last couple of hours off the session highs as we stand. Ahead on todays show, well speak exclusively with Thomas Barkin on the heels of another massive jobless number why he says we may be at the bottom of the downturn he just said that on a podcast about an hour ago. Plus, former treasury secretary, jack lew, will join us to discuss the governments tuss efforts and whether cash is going to the right places and the countdown to another big afternoon of earnings. Uber, roku, dropbox and trip adviserme adviser. Well bring you all the numbers you need the know as soon as they hit were off the session highs. Dow high was 430 points. Up 206 just shy of a percent s p 500 and nasdaq still up more than lets focus on the big stories mike is tracking the market rally. Meg has the latest on moderna jumping on news surrounding its vaccine candidate, b
Before rebounding to finish up almost 5 , recouping half of the losses from mondays 2,000 point selloff. Jim, remember when we couldnt get a 1 move la last 12 sessions, s p moved 3. 5. The market feels broken to me not a lot of liquidity many things happening at night youll see the Interest Rates go down at night. Then suddenly the s p is having a nightly session. We have to play by that tune i get it theres i want to say theres not panic. People want to get out if there were people, you would see endless downing endless down you could say buyers will come in i was listening to jim paulson before, he sees a lot that he would like i dont. You dont no. I like utilities i like the drug companies, i like the highest growth tech, teledoc. The rest sell to you people are buying Royal Caribbean right here as if its like a buying opportunity. A lot of people using the term buying opportunity, b. O. , for things no. No, to b. O. As you might expect, people are focusing on the credit markets and