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Thats how unconventional all these polls are right now. Were also going to follow more as the markets sort of i digesting the news we got out of the likes of alphabet, amazon and apple. By and large, the numbers were pretty solid, they just werent solid enough, and its weighing on the techheavy nasdaq as a result. Much more on that in a second. Now back to the cases at hand that are getting a lot of attention. 12 states now are reporting record oneday increases including illinois, indiana, maine, michigan, minnesota, missouri, nebraska, new mexico, North Carolina, north dakota, oklahoma, ohio, oregon. These are not just with oneday blips. These are new causes, the highest cases, the highest ever recorded since the pandemic began. Furthermore, 91,248 americans, more americans just tested positive for the virus. It is the highest of the pandemic period. Thats whats weighing more on the markets than anything else, the idea that these ....
The dow industrial average, remember that apple is a dow jones stock. This loss 220 points roughly at the opening bell, that wipes out yesterdays game. Smp on the downside and nasdaq down about 1 . The loss they are because of tech stocks. The virus is also a negative with severe restrictions on travel and businesses in france, italy, germany and spain. Their resurgence has a stalled not good for us. Youre at home a record i think 882,000 new cases reported yesterday and restrictions are spreading, thats not good for this market. Four days till the election and even joe biden is picking up the pace going to three states today come i will, wisconsin, but will he answer questions about hunter maidan repacking the Supreme Court or the influence the socialist have on his campaign . Politico quoting three sources saying Elizabeth Warren wants to be and is the front runner for tre ....
A couple of sectors are higher, including financials and energy. The 10 year yield has bounced back a little bit. It is obviously down two basis points now, but still at 2. 05. Topped 1400 overnight. It is back just below that important psychological level. , upe oil rallying up again 10 for the month of june for wti. Guy european stocks are lower today come but volume is sharply higher. ,s you say, quadruple witching but that doesnt have as much of an effect when it comes to index levels. Ratetrading at a higher than the dollar. We got the Energy Complex up. We certainly got a reaction to what is happening in iran. We also got a big reaction to the philadelphia refinery fire. Take a look at gasoline prices, trending up around 3. 5 . Vonnie we have a little bit of breaking news now. Someone else from the Federal Reserve weighing in, saying he was looking for a 50 basis point ....