All that and so much on making money. Charles obviously it was a tough week last week for the stock market but by the time the dust settled the year had become even more screwed as it was. Only 193 stocks in the s p were higher for the year. There were actually more losers on the nasdaq than there were more winners. I have no problem with the hit megagrowth stocks hit. Theyre still under pressure. I expect the trillion dollar stocks to be okay in the long run. But for the rest of the market, there were signs late friday that foreshadowed todays rebound. S p 500 held at a key support level. There was huge buying volume into the close on friday. The 10year yield marching higher. All the issues bothering the market are still unresolved and major indices must close higher to reverse the downtrend. In fact i think the s p 500 has to get above 3400 before you see buying go big time . Where does the market go from here, more importantly where should you be positioned . I want to ask Money Map
Dozen scheduled protests happening all along the west coast, as long sure Union Workers are uniting to bring about social change. We are joined live with this developing story in oakland, frank good afternoon. Reporter good afternoon, quite a day, these protests are underway spending the west coast as you mentioned. The cranes are up which means the no work is being done at the ports. 29 ports in all one of the biggest year, its a plan one day work stopped to bring awareness to stop Police Brutality in our country and bring about racial equality. Your taking a live look out there from chopper to 2. Thousands of people are gathered and marching from the port of oakland. Thats at 14th and broadway, peaceful march so far, it got started at 10 am. A rally is planned at 1 pm with very hope high profile speakers. We caught up with the young woman and her father with the meaning of the march, commemorating the juneteenth day. We are tired and exhausted. This is a different generation so we wi
Asth we go hour by hour, we tak it into this morning, into the afternoon. Notice up around ukiah as well as clearlake and some of our upper elevations in the north bay we could see this initially coming in as snow, because the temperatures will stay very chilly today. Rain elsewhere as it approaches San Francisco and the early afternoon, and then some bouts of heavy rain starting to work its way into the peninsula by 4 00, and then into the south bay by 5 00 to 6 00 this evening. So we are going to have some heavy rain associated about this front, our first significant storm that weve had since may 18th, so its on the way today and mike, youre already tracking a crash in Pleasant Hill. I am, but we have dry roads with the the crash onramp Pleasant Hill westbound 24, well get more detail when chp arrives. No slowing on our freeway sensors there. All of Contra Costa County just fine, so is the rest of the bay on the freeways, in the south bay, were zooming in to Police Activity on city s
Fulton Financial Markets after trade taking their pets and their talks of beijing. Medication with them. Well bring you all the latest from our correspondents at the scene. Also tonight. The bank of england has cut its forecasts for growth in the uk for the next two years. Its also predicting a one in three chance of the uk economy shrinking at the start of next year. Those projections are based on the assumption britain leaves the eu with a deal. But the new Prime Minister Boris Johnson has promised to deliver brexit by october 31 whether he gets a deal or not. Heres the banks governor mark carney on that prospect. In the event of no deal, it is probable that the inflation will rise in the growth will slow. For example, our agents surveys of businesses say that most Companies Report that they are largely ready for no deal. However, just a fifth describe themselves as fully ready while three quarters of respondents say they were as ready as they can be. Before mark carney spoke the gov
Defense secretary techniques as mixed messages. Were ready for war we dont want war were ready to strike we dont want to strike you do the hokeypokey and you turn yourself around. Thats what its all about. Persuading allies. Sorry what we said about nato. Angela merkel, looking good. Is that a new pantsuit . Hey, macron. Oolala. Parlezvous iran . So sign up for darius lighthouses acting secretary school of acting today. And you can trust me, because im not only the theaters director. Ive also been understudying eric for years. laughter its the late show with Stephen Colbert. Tonight, americas got democrats. Plus, stephen welcomes naomi watts chicago mayor Lori Lightfoot and musical guest the raconteurs featuring jon batiste and stay human. And now, live on tape from the ed sullivan theater in new york city, its Stephen Colbert cheers and applause cheers and applause . Stephen darius lighthouse. Ive got to get chance down. You have to teach me that one. Audience hey, thanks, everybody h