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Pandemic while Health Care Workers may strike next week. All of this with big implications for inflation and the economy. How are markets digesting it . We start with dom chu and the latest on that. A little indigestion as we progress through the day. We were solidly in the mean at one point today, but we are trading at session lows. The dow down about one half of 1 , 136 points down. The s p 500 now below the 4300 mark. 4292, down about six points, the session low. We were up roughly 34 points at the highs of the decision. So down six right now, down about 1 10th of 1 . Even the tech trade, up north of today for the nasdaq composite, is up 1 3 of 1 , up 39 points, 13,249. One place thats interesting in the marketplace right now is energy. Specifically between socalled new energy, solar, that sort of thing, versus Traditional Oil and gas, fossil fuels. If you take a loo ....
It is coming down about an inch every couple of hours. New york city. Good morning, every one. It is 10 00 eastern. The markets coming back a bit. We are up 100. Nasdaq up 170, 1. 3 , solid gain. The yield on the 10 year treasury coming down a little. Down 5 basis points. We are up 452, the price of oil, bitcoin around 26,894. Any minute, the president of the United Auto Workers union, sean fain, will deliver remarks on the ongoing strikes. He will say if the strikes will be extended again or not. We have this on our hands, the latest read on consumer sentiment. Lauren 68. One in the september. One year inflation expectations, that matches in march 2021 and that is remarkable. Inflation coming down. Stuart market, no reaction, up 100 on the dow, no reaction to that. 50,000 migrants crossed the southern border in the last week, a record number, extraordinary pictures. It is obvious theres a new surge. Does not being taken seri ....
With a three handle. A shutdown possibly this weekend. Shares of nike are rallying despite the first revenue miss. The company saying that it sees resilient up canner both here in the u. S. And in china. And the street now braces for a potential Government Shutdown as soon as tomorrow night. Meantime we knew pce was going to be the tent pole data point of the week and some relief we got. Yeah, people leaning towards the idea that it would be a relatively softer number based on some of the clues going into it. As expected, we spoke around the close yesterday, i said that were going to be allowed to mark our fear to reality here. Because it has been all about, wait, what is going on with the messy selloff. It seems upnanchored and a life of its own. And yesterday gdp revision, today pce inflation number. So we have the economy we more or less thought we had. Getting a bit of a bid in stocks. It is all coming together almost a l ....
They are neither white nor black. I think that also i wanted to get away from the binary, the dividing of people. Inskeep all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by lincoln financial committed to helping you take charge of your financial future. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Supported by the rockefeller foundation. Promoting the wellbeing of humanity around the world by building resilience and inclusive economies. More at rockefellerfoundation. Org Carnegie Corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International ....
They are neither white nor black. I think that also i wanted to get away from the binary, the dividing of people. Inskeep all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by lincoln financial committed to helping you take charge of your financial future. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Supported by the rockefeller foundation. Promoting the wellbeing of humanity around the world by building resilience and inclusive economies. More at rockefellerfoundation. Org Carnegie Corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International ....