We start off with a major reversal on wall street. S p 500 gave up gains around 2 00 p. M. To finish close to session lows same for tech stocks you saw the same thing play out in facebook and netflix, both stocks starting strong, finishing around session lows. You can extend this to regional banks, health care, energy, small caps what does the action today tell you, guy adami its not encouraging. Im not going to make a deal out of today yesterday we had the show of hands. I dont think any of us were convinced by the rally ill continue to say a 30 vix suggests were going to see days of 1. 52 moves. I happen to think on aggregate its going to be lower im not trying to be all good morning and gloom, but the environment we find ourselves in in terms of a lot of Different Things as we head into the fall, on top of which an election is probably a coin flip, i dont think its particularly bullish for the Broader Market and especially on the back of a rally thats been historic karen i did raise
Billions of dollars of rescue loans are now flowing to americas Small Businesses but what about the hundreds of millions of americans who are not Small Business owners . They are waiting on promised checks. How long will it take for the irs to print them . The man who would know, mark everson. The 46th commissioner of the irs joins us in a fox business exclusive. We have a lot of questions to ask him for you. As the race for a cure frantically continues, jacob glanfield, star scientist of pandemic is back to share a breakthrough first on fox business. Its breaking news on his therapy to stop covid19 in its tracks. You will be the first to hear it. As people around the globe gear up to work from home, computer and Equipment Sales numbers are going absolutely through the roof. We are going to talk to the micron ceo about outfitting all those products with his semiconductors. The rare move Warren Buffett just made thats sending a warning to anyone thinking about buying airline stocks. Les
Decliner with points and percentages this morning. Those futures are off 117 points. Take a look at treasury yields. They were higher yesterday, but you are seeing a pullback this morning. The tenyear yield below 4. 18 . The twoyear yield at 4. 58. Joe mentioned that bitcoin continues to climb. It is down by 1 . 6 6 6 66,834. We are watching the price of gold futures. Gold hitting the record high close yesterday. That april contract jumped at 2,131. Despite the high, it is still below the inflation adjusted high of 3,200 which hit back in 1980. Alltime high. For gold. Yeah. You know, with inflation slowing, but money printing, less likely with no cuts maybe coming this year. Potentially. Or three later in the year. Yeah. Looming behind all that and were adding 1 trillion to our debt every 100 days. I read that the other day. Thats still climbing. Theres no relief in sight for that. Bitcoin as you keep talking about the halving in the next two months. I was reading something yesterday t
Understand, this is 3 more than russias entire debt, as follows from the data of the American Ministry of finance. Currently, the Us Government debt is nearly 33. 5 trillion. Dollars. The main increase was in the governments obligations to its own departments, 266 billion. At the same time, the american debt to individuals and businesses in the rest of the world increased by about 9 billion dollars. Retail sales in the eurozone fell by one out of 2 in august compared to the previous month. The drop in the indicator was the highest in 8 months. According to eurostat data , sales of motor fuel, food, beverages and tobacco products, as well as nonfood items, decreased in august. Goods. The most significant drop in sales was noted in portugal, france and belgium. And they grew most significantly in luxembourg, poland and denmark. Also, Producer Prices saw a record drop in the eurozone. In august they fell to one. Compared to august 2022. This was the economic news, i wish you success in bu
The qualities, have the ability to work with technology. Computer information, the case of the disappearance of unique books, a classic of criminal investigation, about 1,600, for these 17 books, this is pushkins lifetime edition, the legendary black cat, the belarusian trace, now hunchbacked, i said hunchbacked, on the verge of personal and professional, when serving in criminal the search is at the forefront, i gave a lot to the Tv News Agency film about belarusian detectives, watch on october 5 in the evening broadcast on belarus 1. This is a holiday that temporarily brought summer back to the belarusian capital. The second festival of latin American Culture has started in minsk. The initiative, organized by the embassies of south american countries in belarus, has as its goal promotion. Original traditions of modern cultural achievements of their region. Argentina, nicaragua, venezuela, cuba and brazil nine participating countries will introduce belarusians to music, fine arts, cra