Warning against seating Telecom Infrastructure to china. We get reaction to that. And tesla turned our heads this week. Look back at some of the biggest stories in tech. To our top story, u. S. Equities headed into the Holiday Weekend on a positive note after the release of steady figures for retail cells and with investors continuing to weigh contrasting data from china on the spread of the coronavirus. The s p 500 closed at record high after swinging between small gains and losses in fridays session. To discuss todays Market Performance and technology we are joined by laura kane of ubs. To kick us off, i want to take a look i am showing from my terminal. As you know, the trade of 2019 was u. S. Versus the rest of the world. I was speaking with david kelly, the global cio of jp morgan Asset Management who was trying to make the case for over waiting International Equities. Are you still trying to overweight International Equities or do you think it is u. S. Versus the rest of the worl
One of the big ripple effects is utilities. Take a look at this chart behind me were seeing the death cross thats what some technicians call it when the shorter term 50day moving average of a stock or etf falls below longer term trend, the 200day average were seeing it with the excel, the spdr sector utility, xlu this does not portend bad things but something to Pay Attention to its not the only that were keeping an eye on. Were seeing some action play out in some parts of the market. Namely in the real estate stocks the vanguard reit index is sinking down to multiyear lows. As we take a look at whats happening with this, its already in correction territory, off about 10 plus the highs we saw a couple years ago well take a look at another part thats perhaps a brighter spot while all these guys are making these multiyear lows, one thats not is the consumer staple sector. This is actually just a stones throw away from alltime highs would you believe it or not, more than half of the index
Today, admiral mike rogers, director of the National Security agency and head of such u. S. Cyber command testify that the Senate Hearing about threats to u. S. Computer systems. He highlighted the governmentsponsored hacking by russia and china, as well as the threat posed by nonstate actors. This hearing of the Senate Armed Service committee is to are some 15 minutes. [inaudible] [inaudible] the Committee Meets today foy hearing on the United States Cyber Command. Were pleased welcome back admirable mike rogers, the commander of the National Security agency, chief essential security service, and several other titles i believe. We are grateful for your many years of distinguished service and for your appearance be for the committee today. Threats to the United States and cyberspace continue to grow in scope and severity. Our nation remains willfully am prepared to address the threats which will be a defining feature of 21st century warfare. As a result, the committee is focused its at
Elizabeth warren and rob portman. This saturday night at 8 00 p. M. Eastern on cspan and www. Cspan. Org. Admiral mike rogers director of the National Security agency and head of cybercommand testified about threats to the u. S. Computer system. He spoke about hacking of russia and china. This hearing of the Senate Armed Services committee is two hours and 15 minutes. The Committee Meets today on the hearing on the welcome back mike rogers command director, chief of the Central Security service and several other titles, i believe. We are grateful for your many years of distinguished service and for your appearance before the committee today. Threats to the United States in cyberspace continue to grow in scope and severity. Our nation remains unprepared to address these threats which will be a defining feature of 21st century warfare. As a result this committee has focused its attention on cybersecurity. We have expressed our concern at lack of strategy and policy for addressing our cyb
Elizabeth warren and rob portman. This saturday night at 8 00 p. M. Eastern on cspan and www. Cspan. Org. Admiral mike rogers director of the National Security agency and head of cybercommand testified about threats to the u. S. Computer system. He spoke about hacking of russia and china. This hearing of the Senate Armed Services committee is two hours and 15 minutes. The Committee Meets today on the hearing on the welcome back mike rogers command director, chief of the Central Security service and several other titles, i believe. We are grateful for your many years of distinguished service and for your appearance before the committee today. Threats to the United States in cyberspace continue to grow in scope and severity. Our nation remains unprepared to address these threats which will be a defining feature of 21st century warfare. As a result this committee has focused its attention on cybersecurity. We have expressed our concern at lack of strategy and policy for addressing our cyb