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Headlines and what it means for markets with our markets correspondent, abigail doolittle. Tech continues to outperform today, and it is something we have seen in recent weeks. Where is the leadership tech typically provides . It was not there on the day. That has to do with one of the headlines you were talking about, ratcheting up tensions between the u. S. And china. They have been there in recent weeks, but markets ignoring it to some degree. Last year, every other week risk on, risk off, depending on the headlines. Right now, there are concerns those headlines, the war of words between the u. S. And china, taking down tech. A lot of these Companies Receive quite a bit of revenue from china. Apple, the tech heavy weight received about 20 from china. The ship sector chip sector is super sensitive to china. We see the s p 500 tech index down more than 1 . The stock down even more. Over the last nine days, we have seen a real ....
Trading the refugees is so on rebuilding become entre and regarding the political roots of the ask for a political aspect we have 2 main fundamental matters in a choose that were talking about 1st of already forming the constitution and you call me. On when i see bastille you ask for a map itself. A constitutional challenge. We had that as discussions in the street guard starting from the big congress that plays in saatchi and then was sold as protests has been going on since then. We did participation representatives of the opposition the finally we know the. Company and we hold the pool storage to mourn and want to work as soon as possible. And on an event that is absolute terms say it will end. For being the main consideration ill be contrary and secondly talking about their preparation for their election and you know syria. As the idea that on this us make it happen we need a new constitution. Little ball. So a political aspect. Fight against terrorism and the rebuilding of the cou ....
They proactively announce that theyre going to do so they definitely will its a question of how much and we know from the Bristol Myers celgene deal that they had to invest a monday Bristol Myers announced that theyre divesting want to sell jeans top products to avoid those antitrust issues and the government is taking a more conservative approach so its definitely going to be an issue and its more of the road that up because thats something that were going to look out for. And on this and position will return the company in the u. S. After heading completed its tax inversion deal to ireland in 2015 something weve seen apple do to great effect as well saving the Company Hundreds of millions in taxes and uli this is a good move for elegant. So inversions were a big deal a couple of years ago than the government took measu ....