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The averages pulled back this afternoon with the dow sinking 170 points, s p shedding. 6 and nasdaq advancing the companies that help you deal with post covid reality take it in stride. Analysts finally realize people are investing in homes like we havent seen since the financial period or maybe a whiff of paint and Stanley Black and decker moving power tools or mortgage numbers. Lows hit a new alltime high 4 just like that and you can get this stuff this is not exactly Rocket Science when youre stuck at home of course you spend money on Home Improvement its a capital, not an expensive when uncle sam writes you a check for 1200. Were in an old enough to repaint moment you buy the stocks of lowes or home depot you cant go out for anything. Movies, no, sports, concerts, nothing. Everything is cancelled gatherings are too ....
Haidi welcome to daybreak australia. In sydney margaret have just come online. Annabelle im annabelle droulers. We are counting down to asias Major Trading opens and the stop top stories this hour. A positive move as wall street heads its 15th record high of the year. Investors are awaiting jay powells report to congress for dates on the fed rate outlook. Haidi ahead opecplus extending its supply cutbacks until midyear amid soaring production from rivals and uncertainty over chinese demand. Stephen in beijing, one of chinas most important gatherings of the year is about to begin with leaders set to unveil their targets and strategies, perhaps policies, for road reviving the economy. Annabelle kicking of the week with breaking data out of korea this morning. We have industrial output numbers dropping but coming in better than expected over the course of january. Output of more than 12 or 13 on the year passing estimate were 10 . Als ....
Good tuesday morning. Welcome to squawk alley. Jon fortt, sara eisen and myself at post nine. Apples conference is usually focused on software but this year hardware is stealing the show. Josh lipton has that story from san francisco. Hey, josh. Reporter thats right. Apples ceo tim cook took the stage and unveiled home pod, a new smart speaker. We have such a great portable music experience but what about our homes . We think we can do a lot to make this experience much better. Just like we did with portable music, we want to reinvent home music. Reporter the smart speakers are integrated with siri, designed to work with apple music which we learned has 27 million paying subscribers and 349, home pod is pricier than rival devices from amazon and google. It ships in december. We also learned about new partnerships at last years code conference, remember, amazons jeff bezos said the two companies had not been able to negotiate acceptable terms but apple announcing that amazon, prime vide ....
Now we are turning to demographics. It was a fascinating recent survey that found the most common age for white americans was 55 and the most common age for hispanics is eight. You can see from that any step shut the way things are trending. I want to welcome to the stage karlyn bowman, senior fellow and Research Coordinator at the American Enterprise institute. And roy to share. Thank you so much, both of you for being here. So demographics, weve been talking about soviet politics this election to thats the underlying current, right . Lets start with the big picture. In your view, karlyn bowman, how is the electric they should going to differ from the electorate of four years ago for eight years ago or 20 years ago in terms of its makeup . Thank you to the atlantic for inviting us. Ruy, built at brookings. I met aei. We are working on this for about the last 10 ye ....
Powerful lines on any of those Public Policy issues, or whatever you are thinking about, reading about in the news. Here are the line for republicans. The numbers are on the screen. Neutral your television or radio when you call in. You can and does a tweet mute your to television or radio when you call in. You can always send us a tweet or comments on facebook. Sky news is tweeting about potential usa, saying that u. S. Officials secretary of state john kerry to provide an additional 16. 4 million in humanitarian aid to help civilians in ukraine. That discussion was part of yesterdays hearing with ashton carter, the president s nominee to be the next secretary of defense. Lethal weapons was the headline. And turning to 2016 news, a speech that recovered yesterday on the stand the cspan networks, jeb bush before the detroit economic club. The headline here in the wall street journal we covered that speaks briefly yesterday. A look ....