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And after yesterdays selloff where we saw bond market selloff and the yields higher and the pressure on the tech stocks, we have a reverse. Some of the big tech heavyweight on doing a lefty doing the lifting on the day. The adp number showing that there is softening in the labor market and maybe the Federal Reserve and maybe the Federal Reserve isnt going to have to go so hard so fast. We are seeing big going flat on the day as the dollar comes down from what has been a rapid run up. Lets look at the individual players. We have seen tesla, the outperformer of the toys on the day. We are seeing palantir higher. It is getting close to clinching that important deal with the u. K. With the nhs. Zoom on the downside, one of the worst performers. It has been announced, some new products and analysts were critically overwhelmed when they try to compete with the microsoft. Lets go ....
Manufacturer three more names on board to report, including meta we have the story, the action, the trade into the print but we begin with dom chu with the numbers. Ty, todays bull run, at least todays bull run, trying to build on the last couple of days, is losing steam throughout the course of the late morning into the early afternoon session. The s p 500 is down one twaur quarter of 1 . So down 12, but at the highs earlier today, we were up roughly 19 points and down 23 at the lows of the session. So weve been kind of losing a little bit of steam throughout the course of the day. The dow down about 1 3 of 1 , 117 points to the downside 38,384 the nasdaq composite just about flat so outperforming so far, only down about ten points. Again, it was solidly higher earlier in the session the come poise it index at 15,686 some of the headliners today include some big upside movers on the travel and leisure side, hilton up about 4. 5 right now a good quarter for them, better than expected e ....
A refuge and support system for the marginalized people of the tenderloin. Much more coming up at 6 00. The u. S. Supreme court heard arguments today about homeless ordinances in a small oregon city. The decision from the high court on that case can have a massive impact with how big cities in the bay area handle homeless encampments. A closer look at the case and the rally here influencing the courts thinking on the issue. Reporter from the steps of a u. S. Supreme court. To the steps at the u. S. District court in San Francisco. Homeless advocates are rallying today about the case that the Supreme Court justice. Grants pass oregon versus johnson was considered by the ninth circuit a 2019 and created. Limits on how cities can handle the unhoused. Critics have said it makes it nearly impossible to prevent ten cities from taking over but homeless advocates say it the first that ....
Really windy along the bay yesterday. Lets see if it will continue. Good morning. Steve paulson is back. Significantly cooler. There is a huge fog bank out there. So the wind up 36 up at travis. Been up to 40 for some gusts here and almost everybody saying cloudy to mostly cloudy. And thats a big fog bank out there. So 50s on the temps. I doubt these change at all, get ready for it. Looks like an extended stretch here. Some unseasonably cool weather, but mainly its the low cloud deck which is front and center, and temps go well below average here. 50s and 60s. All right, well say happy tuesday. Good morning to mister sal castaneda. Well mister Steve Paulson, thank you. And welcome back. Right now we dont have a lot going on, which is exactly the way we want it to be at 401. Boy, its early, right now, traffic is moving well on interstate 880. And see, its moving very nicely with no major issues. If youre driving to the bay bridge, t ....
This is a relief that iran is not escalating further after the retaliatory strike from israel on friday. We see the focus shifting back to the fundamental spirit corporate earnings and u. S. Data due this week on growth as well as the feds preferred gauge of inflation. The hang seng is leading the charge to percent higher. We see the nikkei bouncing back today in japan. Bonds under pressure. Amid all this, the boj is set to hold rates on friday but given how the week yen is affecting the outlook for inflation, there are some bracing for the Japanese Central bank to perhaps start announcing quantitative tightening. We are also seeing among Asset Classes the stocks in the chips as well as the tech sector. Those are the ones bearing the brunt of the selling. Infotech down extending declines from last friday. Look at some of the movers. This is against the backdrop of nvidia tha ....