Bringing together huge months if you get too much data so you actually create a lot of friction in the Decision Making you start shooting a story shooting now theres a real fight going on is how do you stop it once the scenes are started it. Wide Headline News 247 malcolm this is the international from moscow glad you could join us on call embrace taking you through saturdays developing stories 1st for you guests invited to the white house to hear Donald Trumps speech at the end of the Republican Convention have complained of being harris to as they left the event senator rand paul says he was targeted and he wants the f. B. I. To investigate. The senator claims that both he and his wife were set upon by crowds protesters shouted at them and also pushed the officers who were with them ron paul says he felt their lives were at risk they were shouting threats. To kill us to hurt us but theyre also saying shout shouting save her name briana taylor. Like live black lives massive protest ha
What do you think . I dont think its that bad you have plenty of tech stocks up today that have in the green. I guess i dont see it as quite a tech wreck i feel like we have seen actual tech wrecks this year. These are stocks up 100 or more give or take from march giving back like 12 , 8 in some cases. Im not with you on the premise. These stocks are off their highs but theyve been making new highs relentlessly for months. Good point. Let me come back at you and say what about the premise being, stocks were up 100 in whatever they were since march. Was it normal they were up 100 or whatever since march. They were up on multiple expansion. If they were up on all of that and some of the air is coming out of it, doesnt that say they have a lot more room to fall i think its tough to generalize some of them have more air to come out than others and some will continue to report out standing fundamentals without playing any games and see even higher levels than what they are seeing today i th
Dom chu, the markets in particular you can see here 3385 is where were at on the s p. Were a stones throw, kind of spitting distance from there 3393 is the intraday record high, so those two levels to watch. The dow underperforming with the nasdaq returning to that leadership position almost a full percent today record levels of home Builder Sentiment to the upside. A far cry from where we were four months ago with regard to homeBuilder Sentiment. If youre looking for a marketplace for better days ahead, check out whats happening over the near term with etfs. They both track Home Construction and stocks. Look at the massive surge weve seen from those particular etfs just since the covid lows in march. Remember, a big deal responsible for a lot of jobs in the economy as well. Well watch that trade the stock of the day so far is nvidia they are up about 7 today driven in part by analysts in succesquehanna who have put it high, already up again 210 in just the last year nvidia raising tha
How high can the price of gold go to the purses but will is being sold for a record 2000. 00 an ounce whats driving the gold rush and could it affect the chances of economic recovery from the coronavirus and that this is a story. Hello welcome to the program on iran kong the coronavirus pandemic means we are facing a worst ever recession shutdowns to control the spread of the virus have forced many businesses to close millions of jobless and when times are tough investors tend to put their money into socalled safe haven assets such as gold. Precious metal hit a record high of 2060. 00 announced a couple of weeks ago thats a 30 percent rise this year now some analysts are predicting prices to soar to 3000. 00 an ounce by next year the price rise is particularly being felt by indians theyre the 2nd largest buyers of gold in the world for weddings special occasions this is only going to be a bit not literally every business except the. Products and everything is done. Really was of absolu
3386 is the number to watch for that s p 500 record close. 59 minutes until the close we have a big show coming up to day the s p 500 makes yet another run at that record close bob doll will tell us why he is expecting the economic recovery to be more choppy. And why hes cautious in the short term plus, gaming the impact of the dnc. Well speak with a policy expert who says this weeks Democratic National convention could be a negative for the market even though its happening virtually. Right now, were going to focus in on the big stories were watching to day. Bob pisani is tracking to days action we have the latest on growing tensions with china. And joining us with his outlook for stocks is tony dwyer bob, start us off with the Broader Market whats going on behind the scenes and whether you think we could see that record s p 500 close today. When you get this close within less than 1 he , you usuy can get over it. Were still not there. 3386 as you heard before is the old closing high t