Provide administrator to provide information about security protocols with chinese behemoth tencent. Meanwhile, bytedance and oracle have tentatively agreed to a deal has to be approved by the Chinese Government, and there is significant confusion about timelines. Lets check in without markets ended the day with senior markets correspondent scarlet fu , leading declines but outperforming all year. What has been happening . Scarlet there was a lot going on and to some extent, you can blame the federal reserve, j powell saying rate will stay at current levels, lower for longer, but investors were expecting a dovish surprise and were left hanging. When you look at equities, most of the damages from the large cap, big tech names, but it was a broad decline, eight out of 11 sectors in 20 active 24 sectors finishing lower. Outperformance today were value encyclical stocks. If you look at the past two weeks, it has been a clear theme. The two bestperforming groups were materials and industria
Various governors about how and when to reopen the economy. Jobless claims we are expecting would bring the total over the last four weeks to 22 . Economists say that 20 employment at the peak is a realistic scenario for the united states. Sarah ponczek, talk to us about the rally today and how big a parnas tech have to play . Sarah tech really has played a very large part in the rally. You mentioned the s p up 3 . Your techheavy nasdaq, up 4. 3 . Google, microsoft, all of them at more than 4 . Yesterday, we saw the s p fall 1 while the techheavy nasdaq rose 1 . That is a discrepancy we have not seen in the history of the benchmarks. Aureen moore, tech is seen as safe haven play. You can look at these discrepancies to see how important not just tech but really these large mega cap names have been playing in the rally. Equal weighted version of the nasdaq. Amazon, microsoft, still down 7 on the year. Cap, where they really do rule the game, now less than half a percentage point away fro
Bigger issue with algorithms. Kailey john legere. Details on that, plus a story about weworks toxic phone booth. Jason and a special summit on security. They have got a new exhibit called revealed the hunt for bin laden. Kailey we have much more ahead on that. We begin with our top stories. In the politics section, it is lights, camera, impeachment. Jason House Democrats count on public hearings to bring to life testimony that has already been given behind closed doors. Here is billy house in d. C. Billy what we saw was some real concern on the part of state Department Officials about back channel diplomacy by rudy giuliani, and evidence, hearsay evidence, secondhand evidence of what they were hearing trump was up to. Kailey billy, whats next, and how long can all of this really go on . Billy well, what is directly next is this upcoming week of four hearings, four separate hearings, including what could be the biggest one, that of Eu Ambassador gordon sondland, who is the one who may h
Ecurity. They have got a new exhibit called revealed the hunt for in laden. Kailey we have much more ahead on that. We begin with our top stories. In the politics section, it is lights, camera, impeachment. Jason House Democrats count on public hearings to bring to life testimony that has already been given behind closed doors. Here is billy house in d. C. Billy what we saw was some real concern on the part of state Department Officials bout back channel diplomacy by rudy giuliani, and evidence, hearsay evidence, secondhand evidence of what they were hearing trump was up to. Kailey billy, whats next, and how long can all of this really go on . Billy well, what is directly next is this upcoming week of four hearings, four separate hearings, including what could be the biggest one, that of Eu Ambassador gordon sondland, who s the one who may have had the most direct contact with President Trump on whether or not he wanted to withhold aid in return for investigations. The House Intelligen
Return of the mac. Apple introduces its 16 inch macbook pro. Starting at 2400. We will rate its function and design. First, to our top story, its all about disney. They signed up 10 million customers in one day of launching their new streaming video platform. Disney plus just became available yesterday in the u. S. And canada. The strong initial interest could lead disney to hit its target at 60 million to 90 Million Worldwide subscribers for its new Service Two Years ahead of the original 2024 goal. To discuss, we are joined by chris palmeri. With the stock trading at a record high, how much more was 10 million than what we expected . Chris a lot more. Hbs now, cbs all access, espn plus, the World Wrestling network, a lot of these guys have been in business for a few years and none of them have hit 10 million. Disney did it in a day. Its an incredible feat. Thats why you are seeing a record high. Going back to 1974, this is peak disney. Taylor we could say that all the technical glitc