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Next hour ill speak to the ceo of Johnson Johnson, on the companys earnings and news of the halt in vaccine trials after one participant became sick, helping to drag futures this morning. Take a look at markets, the dow industrials are down 133 points, the nasdaq is holding onto gains, up 97 points right now fo. The s p 500 is down 6 and a quarter points. Yesterday, Big Technology led a big rally and at the close the dow was up 250 points, the nasdaq up 296, almost two and two thirds percent on the nasdaq, the s p 500 yesterday up 57 points at 4 00 on wall street. Amazons prime day kicking off today, how the shopping giant can expect some stiff competition from other retailers this time around. High expectations, apple is unveiling its 5g ready iphone 12 today, everything you need to know before the big event, mornings with maria is live right now. European markets are flat ....
Published in scranton, pennsylvania. Always a tough coal mining economy there. Scranton, pennsylvania at 15 , but you know it is much higher. Normal, andre near willech will it directly address this American Labor economy. Sequentialespite the month on month improvement we have seen, we expect to see some elevated jobless claims again in around 90 minutes. One of the main things people are looking at is the continuing claims, which are expected to tick lower, a good thing, but not that much lower. We will get those numbers at 11 30 a. M. A lot of people parsing the numbers under that, in terms of people getting relaid off after getting rehired. The u. S. Is also selling 30 year bonds. Yesterday, the auction of 10 year notes came with a record low yield of 0. 65 sent. Interesting to see whether the demand will be there for even longer dated bonds amid a deepening deficit. Heading to his childhood home near scranton, pennsylvania. I ....
Coronavirus crisis. This is two hours and 30 minutes. I want to begin by thanking our pannestist and esteemed members for joining us. This week our country passed a grim milestone, more than 100,000 americans have lost their lives due to the coronavirus pandemic. Thousands of americans continue to contract this virus every day. Over 150 more here in South Carolina on yesterday. And the day before, wednesday, marked our largest singleday increase of covid19 deaths. Local Community Leaders across the country, democrats, and republic ans need strong federal leadership to help them combat this deadly threat. Communities need federal help to get the protective equipment and testing supplies they need to protect their front line medical workers and essential employees. Unfortunately the administration is leaving it up to the states. Forcing them to compete against each other in ....
Button on the east coast, billionaires donated upwards 500, 6 hundred Million Dollars to Ivy League Schools backing out over the schools failure to condemn the hamas attacks on israel west inner foundation writes we are stunned at failure of harvard leadership ununqualitative stand against citizens. Former u. S. Ambassador jon huntsman writing this the university silence in if reprehensible historic ham evil against israel only summons be outright condemnation new low university of pennsylvania president saying school should have moved faster to sheer position right now rest of the hour former fbi special agent Nicole Parker joining the conversation thank you so much for being here reaction to all of this . When people are putting up tons of want to know going towards a good because, it is entirely unacceptable to do ....
Were pretty active in the investment committee. Amy raskin, i start with you. You sold nike. Yep. Seems to me from the notes here you had it. We trimmed half our position, we spoke about a couple months ago, but were done. The company is just not executing as well as it should. The brand is still great. We could come back to it at some point, but theyre not executing right now. China is a risk for them, and, so, were out of the position. The stock is down 14 year to date, down more than 20 over a year. They certainly have had what i think people would suggest is an innovation slowdown. Yep. The company sort of acknowledged that. They blamed remote work. Which was terrible. For that. Their competitors somehow figured it out. Hoka, on, new balance can you sort of go down the list lulu are rising competitors. Theyre all sort of part of the sell pie . All part of the sell pie. I really did not like the explanation we couldnt innovate over zoom. Everybody else sort of figured it out. They j ....