Up for the season that starts next month with all the teams playing in phoenix. The cdc and National Institutes of health are supportive even espn. Even though there wont be any fans, it seems like we might return to some semblance of normalcy well, dont take me to the ball game, but have a ball game i think thats the perfect metaphor for today the market started strong, kind of excited about the baseball season dow up at 1. 900 points i think the metaphor is actually wrong which is why we sold off hard in the afternoon. Dow ended up closing off 26 points s p dipping. 16 it was quite a reversal. Were supposed to be in one of the saddest moments in history while we slow the spread of covid19, the death toll keeps rising the darkest is just before dawn. What do they think dawn looks like if you judge from yesterdays action, investors are buying on a vshape recovery boom, boom, business comes back, everything comes back to normal. A v says we have this virus whipped in no time id love tha
Consumer staples keep falling. Plus no sign of recession in ticket sales for live events, not just taylor swift or beyonce. Well talk to the head of the company that puts on monster jam, disney on ice, and the circus about the Strong Demand for experiences. First lets check on the markets. In the past hour we went to fresh session lows with the dow down 150 points but are off that some point. S p down 11 points today. The nasdaq is back into positive territory by about 5 point. Home builders are getting hit hard today as Interest Rates rise. The xhb Home Builders etf is down and the tenyear yield at last check was up around 425. Shares of United Airlines falling sharply midday as the Company Issued a nationwide ground stop due to computer issues. That stop has now been lifted. It seems to be that the fed has threaded the needle well enough to avoid tightening the u. S. Economy into a recession. Goldman sachs today cutting its recession expectation. Steve liesman joins us now with more.
Welcome back. Scarlet the band is all back together. Julie we had stock slipped today, we had a run, now we are seeing a pause. That dollar, we talk about the , butlation between oil this year, the correlation of inverse correlation is really with the u. S. Dollar. We dont spend as much time talking about that. But that has happened this year as well. That said, we are seeing stocks pull back today in terms of the biggest drags on the s p 500. In particular, facebook is falling today. Intricately, Deutsche Bank says you should buy the stock on weakness. Deutsche bank is also saying that near term, theres an unfavorable set up in the stock knowing into earnings. It seems as though the focus is more on that part of the commentary. General electric is falling as well, pristine downgrading that stock valuation and underappreciated risk for the company, including a longer downturn in the oil and gas sector. Cisco and jpmorgan rounding out the top four drags we are seeing today. Scarlet stoc
/PRNewswire/ In mid-May, a press conference was held to introduce Chongqing s first annual report on the Comprehensive Pilot Program for Service Sector.
In a restaurant decorated with pink and white ornaments, children enjoy themselves in the play area of a two-story European-style "castle," making marshmallows and popcorn, painting ceramics and participating in a cosplay gala, while their parents enjoy delicious food in the dining area.