Same with the nasdaq up about 60 points. Close to 1 . Here is the big stock news of the day. To stand out retailers. Target and lows. Both did very well in the profit report earlier this morning and consumers have money to spend and their spending it. It is the giant retailers who are responding best to Amazon Online challenge. Look at the two stocks go. 70 up for target and 12 for lowes. That is valid. This is not a race, i will ask you anyway. How much do you have in your 401k or you are away . I hope youre one of the hundreds of thousands of people who have at least a million. According to fidelity, 196,000 have 1 million bucks in the 401k and 179,000 have a million in their ira. Those are Record Numbers. The u. S. Drone has been shot down over yemen, it was an in queue nine drone otherwise known as you reset. It is been a long time since this kind of incident and that is true today. Without going on in the gulf oil is up just 30 cents. Stay there place, the latest on greenland. Var
Is pouring into tenyear treasuries as a safe haven. Trouble, trouble everywhere but treasuries offer a degree of security not found elsewhere, and well pay you interest. You dont get that in europe or japan. Heres another opinion. Surely the Federal Reserve will now lower Interest Rates very soon and very sharply. Ive got another reason for the selloff and its hong kong. Its calm right now but is this the calm before the storm . There are signals that beijing has had enough. Things are coming to a head. Number one, Chinese State media now calls the demonstrators radicals and appears to be whipping up mainland support for a forceful end to the protests. Intervention, they say, is inevitable if the situation worsens. Two, there is video of chinese troops massing at the border. Three, the demonstrators are being told not to move to a different part of the airport. Just a few dozen remain. Four, the chinese accuse Speaker Pelosi and Senate Leader mcconnell of inciting chaos. President trum
a new agreement called the washington declaration aimed at deterring an attack on seoul. the bbc s seoul correspondent jean mackenzie explained what this agreement involves. so this deal is the us stepping up so this deal is the us stepping up its commitment to use nuclear weapons to defend south korea from north korea. you know, the us is responsible for south korea s event and are always up implied it would use nuclear weapons if necessary but recently people here in seoul have questioned that commitment and they needed part of this deal is the us is going to send one of its armed with nuclear weapons to the peninsular. it will be stationed here continually but it will come periodically. they will form the joint nuclear planning group and this allows south korea to be more involved in understanding how and when the us would use its nuclear weapons. politicians here essentially have been kept in the dark with little understanding of what would actually trigger the us pre
good to be with you, i m kay katy tur, the chinese spy balloon is still hanging over the white house. why they didn t know about it sooner and what the u.s. was able to gather about the balloon while it was still in the air. the gang of eight is waiting for a full briefing. the white house has offered one and it s expected to get on the schedule next week. house intel chair republican mike turner said the balloon exposed a weakness at the top. clearly this was an attempt by china to gather information to defeat our command and control of our sensitive missile defense and nuclear weapon sites and that certainly is an urgency that this administration does not recognize. i ll know the answer to that question this week when we actually get briefed on the decision making process about when and how to take down the balloon. there s an awful lot of people like me coming to absolutely rock solid conclusions based on very few facts. none of us know what the decision making process
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