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The issue its splitting parties. Joining strange allies are two big Republican Voters are on different sides. We will explain a political tug ofwar. First, lets get a check on the markets. A mixed dan wall street. The dow industrials up one third of a percent. You can see the s p has just now turned positive. It has been down today. The nasdaq composite is off by a third of a percent. Dollar tree falling following its results in the company says it will close nearly 1000 stores. Most of them Family Dollar locations. More on that, coming up or we start with tesla down 30 your today. Phil lebeau joins us now with more on teslas woes. Phil. Its a lot things that we have been talking about. The industry has been talking about for some time. People are now saying, maybe we should expect tesla to really face Slower Growth ove ....
Get some old from you crating and showing a we report on those collecting evidence of potential waterfront the well, you wont be hearing any mainstream narratives on this china, which is probably why youll with us your new starts right now, went out to the international and we kick it off with breaking news. Thats our, from the ecuadorian capital of kito, where an opposition candidates in the upcoming president ial election has been shot dead during a come painting riley on wednesday evening. I should warn you, you may very well find the upcoming images, disturbing a footage showing for 9. 11 you are leaving the event as hes entering his con gunshot to bring out eye. Witnesses saying he was hit 3 times. He died later of his injuries and hospital as we understand the police, 9 of the people at the offense, but also into it including 2 police offices, one with a gun, one was also killed by security stock report saying that might have been 3 shooters and equitable as president has express ....
The world news always front and center without the predictable mainstream narratives. This is on the international by, from well from says, firmly rejected, claims by new, huge added, violated the countries as space and conducted in the attack on the local and military forces. Nevertheless, the west african nation sides, the incidents enabled, quote, terrorist prisoners to escape from a detention facility. These have been, imagine these sites, 3 really serious events on the way and yeah, as a result of the behavior of the French Forces. So now territory on the 9th of august 2023 there around 6 30 am. The jerry and National Guards position came under attack. The number of casualties has not yet been established. However, through direct communication with western partners, the behavior of the French Forces was criticized fo ....
Joining us now is the close markets the Global Market strategist at nova scotia nov esco. Where are you now on that call given that a lot of people are starting to say, it is a bull market and we may have to live with that and perhaps we can look elsewhere. Are you looking elsewhere are you looking elsewhere . The market is broadening and moving into value valuable parts of the market so it is not just the very narrow market that you saw in march or may, you are getting a sign from markets that this is healthier and there is more participants and so far, the earnings for the Value Oriented Companies have been good . Jon is he getting less bad or is the outlook for the markets improving . Things are moderating and that is what you would expect in this part of the cycle but what involved but a lot of investors missed is that the market priced this last year. 11 months ....
Good earnings and then the ugly being the obvious. Whats going on with mega caps alphabet down, meta down, microsoft now down, apple as sara was talking about, now below 170. How do you size it up here yeah its weird its a day you have a bizarre strength in small caps doesnt really appear to be appro po of many in particular youre probably going to get favorable pce data on the inflation front, but i think the big takeaway we talked about this on tuesday, judge the first thing is that its probably better if youre a trader to take advantage of an earnings move post than to try to anticipate going in because what a lot of these situations have in common is, the earnings are great and then you get this p punishing reion. Even if you knew the earnings would be great you didnt know how the crowd would take it. Now we know. The skds thing, i think the big takeaway is the rallies on cost cutting and the, quote, unquote, year of efficiency some of these companies have declared, are over now sh ....