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Slowest increase since going back to march. Breaking down all the action is our markets correspondent abigail doolittle. It really seems like a lot of the travel and leisure stocks are outperforming yet, the s p, not quite at 3000. At 25,000. Quite it was an interesting day all day long. A lot of people scratching their heads as to whether we had this rally without any major headlines. Up to percent, probably something to do with the weak dollar and reopening optimism. You are pointing out those travel and leisure stocks doing quite well. We also had the dow transportation average doing quite well. A huge bullish divergence. The transportation stocks are supporting the idea that traders and investors are thinking the economy will be reopening. Some of the stayathome tech stocks leading the way. On nasdaq closing down biotech weakness. Right now, this very interesting tension on the year between another pocket of those stayathome stocks, the faang index. The transportation index down qu ....
Countries that help corporations avoid taxes. The federal government is trying to end food stamp benefits for 17,000 70,000 americans. A new revelation could make it harder for states to get waivers. The agricultural secretary said newnew rule will move recipients toward selfsufficiency and into employment. Saysritish Prime Minister security and intelligence sharing will be the main factors in deciding whether to let a Chinese Tech Company build 5g networks. At the nato summit, johnson said he does not want to be or want to u. K. To be hostile to overseas investments, but also has to protect National Security interests. He reportedly put off the decision until after the election in britain. Global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in ov ....
The start of it as we continue to watch alphabet shares essentially unchanged today, jon. Yeah and our ylan mui is there in washington who joins us with more. 170 million now in the context of facebook maybe doesnt sound like a lot, but thats a lot for the ftc right . The ftc is quick to point out this is the largest penalty ever collected under this privacy law that protects children when they are surfing the web and when theyre online the settlement was actually split between the ftc and the new York State AttorneyGenerals Office 136 million will be going to the ftc, about 34 million going to the new york a. G. And during the press conference i would be on the lookout for some very tough rhetoric from regulators weve heard from new yorks a. G. Saying she felt that youtube put children at risk and abused their power. We already had a statement from the ftc chairman sa ....