Get into that phil flynn, the senior analyst, Fox News Contributor as you know, adam joined us from agoura financial, jackie deangelis, we will be going through these numbers and sectors as you keep looking at this but alan, looking at it and i want to tip my hat to you because in the middle of this down graph when people were looking for barrels to go over with you said wait a minute, this is not as bad as it looks and sure enough you were proven right, going back to last march and where we are now, what can you do for an encore . Obviously we saw the market snapback as we seen every time in history, we are in a bull market, everything the market has thrown at it its been able to bounce back and bounce back the difference of a selloff, that is a lot higher move, you talk about the 10000point drop in the dow, that pretends 40000, that may seemed like a Staggering Number but its 30 above where we are now and lets remember the dow is 65 off the lows, there is upside left and until the dy
Talks have been delayed until thursday. Diplomatic and trade tensions between australia and china formed the backdrop as the rba prepares its latest statements. Economists see no change. Shery we will start with breaking news out of south korea. We are getting the final Third Quarter gdp numbers. When it comes to the year on year numbers, a contraction of 1. 1 . This is coming in a little better than expected. The quarter on quarter numbers also rising more than expected, 2. 1 , and beating estimates of growth of only 1. 9 . We have seen some pretty positive ratings especially when it comes to the south korean export numbers. They have seen a lot of external demand, especially in china and the u. S. , despite the fact we continue to see virus infections accelerate in those economies. Again, thirdquarter gdp numbers for the final numbers now beating expectations and coming in at growth of 2. 1 quarter on quarter, haidi. Haidi lets take a look at where we are sitting when it comes to thi
Conclusion her conclusion is that in those incentives it will be decided whether germany loses control of this corona pandemic those are the was that the german chancellor used so once again a very dramatic appeal to the public to follow those 8888 regulations so basically keeping distance wearing the mask and making sure that you simply listen to what ever local regulation is in place at that particular moment in time im curious did she mention any new restrictions. Well theres a whole list of new restrictions that she is now set in paper that measures that cities could be taking that includes closing times very tough closing times for bars and pubs potentially and for restaurants that could mean alcohol bans it could mean the requirement to wear masks also in public spaces that are very crowded something the city of munich has already done for instance and tougher regulations on how many people are allowed to meet once again in public now theres a lot of talk here that these restrict
Markets. All i have to say is, what a risk on rally we are seeing. The mystic stocks are the big out performers. The russell is outperforming the s p 500 for five straight days. Lift up of 10g a basis points on the 10 year, the highest since march 19. I cannot remember the last time i saw a 90 basis point print on the 10year. Further weakening on the dollar, weaker for seven straight days, nine of the last 10. You wonder what that means for the fed Going Forward. Lets get perspective from kailey leinz. What do you take from this market rally . Kailey i want to start with technology. The nasdaq composite is set for a record close, as is the nasdaq 100. If we can see how that index has performed this year, it is like this a lot never have been. Now 2 above the record close in february. You can bank microsoft, amazon for those gains that we have seen. Positive by now 12. 5 on the year. It is not Just Technology outperforming. It is the more cyclical growth sectors that are leading the way
Content. Section 230 of the commune cases decency act has enabled that echo system to involve by giving online companys the ability to moderate content without equating them to the publisher or speaker of that content. Weve been able the creation of millions and billions of people to come together and interact. Today, this committee will be examining that world that section 230 has enabled both the good and the bad. Id like to thank the witnesses for appearing before us today. Each of you represents important perspective related to the content and the ecosystem. Ony of you bring up concerns this complex issue. I agree this is a complex issue. Regulate y should disinformation and hate speech. Like too many communities my hometown of pittsburgh has seen what unchecked hate can lead to. Almost a year ago, our community suffered the most deadly attack on Jewish Americans in our nations history. The shooter did so after posting antisemitic comments before finally posting that he was in. A s