leader xi jinping, that was held in woodside california about 35 miles south of san francisco, marking the first meeting in just over a year. she something was quoted through a translator as telling president biden, it is not an option for either country to turn its back on the other. they also said there is room enough to coexist and to both be successful, and that one country success is an opportunity for the other. president biden said he secured agreemen o three major issues, including an effort to reduce the direct shipment of fentanyl in all forms from china to the united states. president biden importantly also annoced two militaries will resume direct contact and communication, and both nations will coordinate on risk and safety issues surrounding artificial intelligence. after the meeting, the president spoke about the progress and about managing the relationship with china. these are tangible steps in the right direction to determine what s useful and what s not u
Again, is twitter. If youll recall back on friday, the stock, 60 million shares changed hands, down 13 . Big deal on that volume and that decline. Its down once again today by more than 7 . At last check volume was about 31 million shares, so very heavy volume in this social stock. You know, i think the headline on an article i just read on marketwatch summed it up best, irrational exuberance meets reality. So this is a stock that really moved so dramatically since its november 7th ipo and now finally getting grounded a bit. Back to you. Adam realitys a bummer. [laughter] lori with the dow and s p trading near records, are we truly in a pull market or not . Well, my first guest says probably not if you look at the nasdaq, executive director and chief market technician with mkf partners. Hey, jonathan. Youre looking at the prices, the levels of the markets, where theyve been and where theyre going, and with the nasdaq just 26 off that high, thats significant. It is. You like to see all
particularly for the biotech industry. investments are very important and taking away an incentive for people to invest and be able to recoup that investment will have a marked effect on the industry. you can t patent coal and that hasn t stopped anybody from making a lot of money off of coal. let s be really clear: access to this information is life or death for women. the court says biotech companies such as myriad can still patent the ways that they isolate dna just not the dna itself. that boosted the company s stock for a few hours but eventually wore off as you see in the graph. they closed the day down about 5.5%. our other big story tonight cracking down on smartphone thefts. kpix 5 has been out in front reporting on the problem. our exclusive video exposed an underground economy of stolen phones fed by a never-ending wave of street crime. now a new push to hold the smartphone makers accountable at a special summit today in new york. we sent our christin ayers t