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Infections. Reported more than 200 deaths today. In the markets, we turn our attention to trading volume. It was pretty light but finished up. Momentum has been fading as we near record highs. On any indication of a new Coronavirus Relief plan coming from the white house. On the day, two words sum up today, summer friday. Slow with low volume. The major averages barely moving. In the middle of the day, there was some volatility. At the end of the day, the s p 500 down just fractionally. Bit. Aang index down just a we saw a little bit of weakness in biotech. That is one of the only indexes down for the week. Beneath the surface, it is not quite as dull. Lets highlight two of the big earnings movers. Semicap Equipment Company quarterly Beat Estimates and raised the outlook. They make the equipment that makes chips w ....
Dow futures are down by 40 s p futures down by 5. 5. If you want to take a look at the treasury market, the tenyear right now at this point, of course wti, i should point out, is down by 2 still trading above 24. The tenyear yielding 0. 7 0. 697 andrew well get an update on the pandemic the number of cases worldwide, crossing 4 million with 1. 3 million, thats in the United States the biggest hot spots in america are new york, new jersey, massachusetts and illinois all with more than 75,000 cases. Now, new yorks Governor Cuomo saying yesterday the number of new cases was back to the level from two months ago. Lots of good news there, when he first issued the shutdown order. Overnight, india, reported 4,200 new cases in the last 24 hours the largest single day increase in the country they are entering the final week of a nationwide lockdown a few cluster formed around nightclub ....
Money amid Public Market turmoil. The Public Market, New York Stock Exchange president Stacy Cunningham discusses the popularity of direct listings and the atmosphere in a delayed wework public listing world. First, our top story. Facebook has discovered four separate misinformation networks, three to iran and one to russia. Zuckerberg says it shutdown the networks as part of an effort to counter foreign influence campaigns. This was on a press Briefing Call early on monday. Zuckerberg also addressed a bloomberg scoop in which he privately recommended several potential hires to the campaign of Pete Buttigieg. This should not be taken as an endorsem ....
Shanghai and tokyo were moderately lower the nikkei finished down by almost 0. 9 . The shanghai was down by twothirds of a percentage point. This comes as we were getting manufacturing data out of china showed theyre still contracting. It was better than anticipated the number was 49. 7. That was better than the 49. 6 anticipated. Still below 50 in hong kong, the hang seng was down 1. 3 . Trading was cut short there because of an impending tropical storm. Markets were normally close at 4 00 p. M. Were suspended for the second half of the day this morning there are a mixed picture. The dax is up. The cac is up slightly the ftse is down a bit finally look at whats happening here in the treasury markets the tenyear right now ahead of that fed meeting, 2. 054 lets look at whats happening with gold. That could be a mover after todays fed decision gold is up more than 10 in the last three months. Apple big number of the week and its our top corporate story. Earnings and revenue topped estima ....