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Typically this is the time you would see investors plow back into their equity safe havens like tech names. The sectors outperforming our the two that have been hit the hardest so far this year, financials and energy. Financial still off 24 . Energy down 30 year to date. Well asbank index doing regulators rollback some of the rules put in place after the great financial crisis. Banks will no longer have to set aside money when trading derivatives with their affiliates. That frees up capital, and that is always a good thing for banks. Regulators are modifying the volcker rule to allow banks to increase investments in funds. Do not watch not forget to watch for the fed releasing stress test results. Watch apple and disney, apples closing other seven stores in houston after closing 11 last week because of increased virus counts across different states. Disney delaying the opening of disneyland in anaheim indefinitely. It is not the cake and get approval from state officials in time for th ....
Well get into that as well. Deirdre bolton has all the fast moving developments from the big board. Neil what a week, what a week indeed. This is the worst week for the dow weve seen since 2018. Just the volatility alone today. As we can see down 470 points. We were down more than 900 points earlier. I want to highlight quickly some of the stocks that are limiting the losses on the dow. You have two pharmaceuticals, not a huge surprise in the backdrop of these fears about the coronavirus spreading and one staple which also does sell face masks. Merck and pfizer, we know merck has had a long history of developing vaccines. So you do have the stock moving higher limiting some of the losses. Pfizer as well, and 3m which does make the face masks. If you look at some drags on the average, part. Reason today, why were seeing so much weight you have apple, microsoft, two Huge Tech Companies that both have exposure to china. Apple in ....
This is a very very steep very very bid park that a lot of people use. Lately it has been close because of all the damage the storm did. I must tell you that the mud flows, landslides and debris danger is very real, because the land is already getting very saturated. At windsors foothill regional park, crews are are already working to prevent massive erosion that was incinerated when the kincaid finer sweat through it. We have seen Minor Movement of soil. We have a contractor right now working at the front of the park on something, soils that we are moving. It has eroded in a small amount of debris getting into one of the ponds, visitors and hikers enjoy. That should all be mitigated when the park officially reopened next week. The stuff that burned away is called understory. The understory holds the soil, binds the soil, also slows rainfall. Water from impacting the soil, so heavily it slows water down as it is flowing into strea ....
Business used to look like and this is what it looks like now. A boarded up store front. It is really unsettling. It is really heartbreaking to hear when any kind of a store gets damaged. Especially the time of the holidays when it is a busy season for Jewelry Stores. Jewellers say theft comes with a territory and several stores in downtown have also been targeted by thiefs this year. Police say the surveillance videos will help their investigation. Several Business Owners expressed concern about police not taking property crimes seriously. We will have to do something about this. I dont want those concerns out there. Now they Police Department doesnt, the chief doesnt, the city doesnt. We will have to get together with them and try to relay these concerns. The owner of this jewelry shop said god only knows if he is g ....
Shifted the focus to iowa. Some supporters came by her headquarters shocked by the decision. I thought she was an equal balance of law and intellect. Siements like we need someone that has got a mixture of intelligence and a respect for the law. He said he expects to see her run again in the future. Harris had already qualified for this months democratic debate. The other candidates responded to the news including front runner former Vice President joe biden. A real competitor. I have mixed emotions about it. She is really a solid person. Ty [ indiscernible ] despite dropping out senator harris promised to keep fighting for what she believes in. I want to be clear, although im no longer running for president , i will do everything in my power to defeat donald trump and fight for the future of our country and the best of who we are. Now as we have come to expect in these big moments the president and senator harris traded jabs on t ....