Now we are at 29. 80ish we have been going side ways most of the year in 1997, the year started at an alltime high and went up. It is true. You think about where we were Christmas Eve and we had taken a huge plunge. We got it back interesting on the performance. Similar to the u. S. But china lagged significantly where we are in the trade war. Who is hurting more or less. Down about 4. 7 china has closed today but something to keep your eye on treasury yields are up part of that because of a weak japanese option not exactly for risk on reasons. I wonder if the new quarter means youve loosened up a little bit looking even at absolute levels, a lot of that has been weak. At the end of the quarter, it hasnt money too significant well be a bit of a head wind. Still talking about growth from 6 yesterdays day was fractionally better the eurozone manufacturing and final print was a tiny bit of expectations still the worst to october 2012, the Global Growth out look does not look particularly
Expectations china vowed to retaliate against u. S. Tariffs set to go into effect september 1 were now on track for a higher open lighthizer said its not possible given your past behavior so an awful lot to absorb today. Very interesting that the futures are up exactly the amount they are right now. They issued a very strident set of words toward us at the same time, announced stick l stimulus for hong kong where is what the president said on twitter what happened and without that, i think theyre going to view the olive branch of moving back to december as an illadvised move because the chinese arent playing ball were going to have Chuck Robbins later on this hour the chinese derailed their outlook. Asking them not to bid on business things are getting very, very tense. If we let that dominate the headlines and forget to look at what walmart said today, i think well have a false narrative because of how bad things are. Remember, we are not a big export nation. But yeah, the gloom is pr
For the highlyanticipated rate cut. Tech sold out. The nasdaq hitting a record high before reversing lower as big tech is under fire the white house is hosting a summit targeting social media giants can tech rally in the face of the major headwinds or is the group handcuffed so many options as to where to go guy, what do you say first of all, this is unbelievable actually no. It was years ago it is interesting that, you know, billy joel, great artist and you played potentially his worst song. I knew you would say that. Thank you. Up town girl. Excellent point. Terrible song. With that said, can you still buy tech here . I think theres still an inch you can buy. Facebook, if thats technology, will rally in energy i think on microsoft, thats fine lets look at micron real quick because i think it is where the battle line is being drawn that stock was at 32 on june 25th when they reported earnings, and the stock has rallied probably 30 since then you sort of break down the earnings guess w
Our interview with both of the companys ceo later this hour. First lets check in on these markets. He turned to the green, even on the nasdaq after some strong days we have had for the last three days. Monday we had the best threeday run for stocks more broadly that we had had since november. Im going to bring you back to the benchmarks. I will get onto these individual players in a moment. We have seen bond markets rally as well as of that threeyear auction. We are also seeing crypto, keeping an ion what is happening with bitcoin. We have seen it up about 1. 25 . Now lets take it onto the some onto some of the individual movers. Earnings still coming, of course, after the bell yesterday and this morning. Disney down more than 9 . Some of the numbers were pretty strong. We are seeing a focus on bringing about profitability by bob iger. However, subscriber numbers looking to be a more cautious outlook coming from the cfo. Palantir came after the bell yesterday. Youre once again seeing s
About the gender gap around the boardroom tables in the Tech Industry. Ladies all across the world, listen up. We have pulled together a team of courageous women prepared to tackle the gender divide. It is in the Biggest Issue facing the Tech Industry right now, it isa facing the Tech Industry right now, it is a broader problem across the working world too. Representing all the women. Salute. Here is what they are up against. In Silicon Valley, just one in ten senior positions are held by women. A recent survey of the world s tech powerhouse found that 60 have faced unwanted sexual advances. 65 felt left out from social events because they were a woman. And 84 have been told they we re woman. And 84 have been told they were too aggressive. Ultimately, women end up quitting techjobs were too aggressive. Ultimately, women end up quitting tech jobs that more than double the rate of men. Lets meet our core team of four women, all working in the bay area. Reuter is a design strategist atjp