Putting your money . Plus yesterday we brought you our america invests together virtual town hall. Well continue to answer your questions. As violence erupts across America Joe Biden tries to separate himself from the rye oats as he visits the ratest hot spot kenosha, wisconsin. His message of law and order is beginning to close the gap. All that and much more on making money. Charles the meek shall inherit the stock market rally. Dow jones industrial average, finally broke into the clear yesterday, out of the shadows of nasdaq and s p with a strong performance. It moved the index back above 29,000. Three major equity indices are floundering. It is clear money seeking out blue chip names. Within the s p 500, biggest losing sectors for the year, theyre coming on with h with gangbusters. They are universally loved. Stocks associated with reopening the economy are dominating the toppersage gainers, cdc there are reports out they want states to be ready for Vaccine Distribution by november
Done indoors not wearing a salon the salon owner now getting Death Threats. Futures showing slight losses. Down about 1 . Its been incredible run for stocks. Hopes of a vaccine arriving as soon as november fueling rally yesterday leading to another round of records for the nasdaq and s p 500. The dow closing above 29,000 for the First Time Since february. And crack open a can for your furry friend, busch beer out with a dog brew. Mornings with maria live right now. Dagen checking futures in stocks in europe, its green across the board, gains in england, france and germany. France announcing 118 billion stimulus package including investment in green energy, job support and tax cuts. In asia overnight markets were mixed, kospi and south korea and nikkei in japan gaining on this thursday. Same story on wednesday in the markets. Joe biden heading to kenosha, wisconsin, first visit to the state in nearly 2 years. Cheryl casone has more in your headlines, good morning, cheryl. Cheryl thats r
It is showing how much power these businesses have to move the index in one direction or another, outweighing technology. As we look at the valuations 2000, the big underperformer today, relative to the median forward valuation on the s p 500, the ratio looks ugly, we are back down to the lowest we have been. I dont know if that is the denominator of the s p 500 continuing to decline. It could be both of those. It has been a downward trajectory, and we have yet to see it. Calls forwe have got questions to be asked of our guests as well. You are a growth investor. There are queries from viewers whether this can be sustained. We have been talking about the heady heights and valuations. You think the nasdaq 100 may have hit a wall here, or can it pull higher . I think we can continue to go higher for no reason at all other than sentiment. As a fundamentally biased investors, you believe you need to have some cyclical rally that comes through for most of these sectors to come to fruition.
Boris johnson sparked outrage. News out ofing south korea. We are getting the jobless rate falling to 3. 2 percent. The expectation was that the jobless rate would come in at 4. 2 percent so this is much better than expected. We are also talking about the sixth straight month of decline in jobless rates. That 270 4000ring jobs were removed in august from a year earlier. We know that south korea has seen its government really boost those job creation efforts not to mention we could have seen domestic demand being held by the Summer Holiday season and more jobs being available. The government pushing for a fourth extra budget. This is of course helping workers and businesses who lost income due to the latest restrictions and jobless rates. 3. 2 . In for august at watch out for what happens later in the following months given we have seen this flare up in virus cases towards the end of august, haiti. Haidi. Haidi pretty dire numbers coming out and we continue to watch what happens when it
This is the one business show you cant afford to miss im sorry mom says 2 going to washington coming up india may join the u. S. And pushing out trying to walk away from a 5 g. Network setting up the stage for a more tension between the worlds 2 most populous country the u. S. Trying to express optimism on the trade front will new rhetoric and move by australia put that back well discuss with economics professor richard have a lot to get to so lets get started the list of countries cutting off ties with chinese tech giant wall way could soon include india but reports claim it may not come through an outright ban it wont this after deadly clashes have led the 2 Nuclear Powers to amass thousands of troops at their shared border arties Rachel Blevins joins me now to discuss the details rachel whats going on right well being in Government Housing issues or not right ban against Chinese Companies like wall way but instead now reports are claiming that they plan to actually phase out some of