Johnson johnson better than expected, it doesnt matter. Taiwan semi last night fantastic, doesnt matter. Apple price bump doesnt matter. When you get like that that says, let the sellers get their job done, there is some agenda here, theyre obviously not caring about news, not reacting to better retail sales or jobless claims down again. Every time that happens theres usually a great trend up someone is a seller. There is big money that wants out right now, i think a lot of people are confused about whats going on in nasdaq, amazon down 10 since the week began consequently there is no bid underneath no matter what the companies say. That will change probably midday i think its an okay day all right well see, jim obviously we talk about the market looking forward through some of the news flow and, you know, you take some of the Bank Commentary about second half growth versus first half,its not nearly as constructive and we will see whether gorman backs up what citi and wells and jpmorga
Romaine we will pause here and take a quick check of what is happening in the market. Royal caribbean down about 13 . Expedia, sabr moving lower. Nasdaq, the s p, and the all up more than 3 on the day. The russell rising about 2 . Semiconductors up about 4 . Some of the software and software services, the indexes that track those, up pretty strongly. The restaurant names, a little bit of a bounce. Still seeing some software financials. The treasury market, we came into the day, we saw some significant buying. 610 10 basis points basis points across the curve. As we got closer to the close of equity trading, we started to see a selloff in training. I guess you can sort of piece it together, rebalancing, whatever you want, and you can kind of draw a line to some kind of Risk Appetite returning to this market. Scarlet joe mentioned there was this measure of calm in the markets. Volumes down dramatically. The s p and dow off about 20 from the 20 day moving average. Really highlighting what
Coronavirus. Obamaso sell barack we saw apple yesterday or the day before. We saw ashares selloff because vacated senate seat. It is difficult to do guidance. Fly up tol apply puma says the negative impact from coronavirus on sales will four paying customers on the be felt. Ship it uses to fly astronauts we dont have a number yet. Into space. It is a very fluid situation is it opens the way for private a lot of companies try to figure space tourism, but there is no out what it means for their price tag yet. Globalist when he four hours per supply chains and when it will quicktake. And in pick up again. We are watching individual stocks across the board. Stocks in europe being supported by the idea that the pboc and daylobal news 24 hours per officials in china will do more quicktake. On to spur the economy. 09. T crude at 58 francine russia temporarily we will speak with a deutsche banned the chinese from entry. Telekom chief executive. The who says beijings continuing efforts in hubei
40 attorneys general are setting sites on google. It could be a preview of coming attractions when you hear facebook, amazon pop up. First on the google fight, Hillary Vaughn outside of the Supreme Court. Hillary. Reporter almost half of the country state ag are joining forces to investigate silicon valleys biggest tech companies, the first on their list is google. State watchdogs are taking action, looking into whether google is guilty of undermining the competition by buying out startups and ultimately harming consumers through lack of choice. Over 40 state attorneys general are joining the effort and will hold a press conference here on the Supreme Court just two hours from now. Google is responding to this investigation saying they have endured numerous probes related to antitrust globally and are willing to work with regulators, writing this, the doj is asked us to provide information about these past investigations. We expect state attorneys general will ask similar questions. We
Supports cspan2 as a public service. The title of the session is a view from both sides in the description is how has the recent evolution of the Republican Party changed american policy, how was it impacted daytoday life in the oval office blacks in this session will have our panelist who ill introduce in just a moment, david corn. [applause] thats me spurk robert draper. [applause] tim miller. [applause] and chris whipple. [applause] welcome to the 2023 tucson festival of books this panel of you from both sides will end in one hour. Please save a question for the panelists untiln. After all of them have spoken. We will have 15 to 20 minutes at the end for q a for the festival organizers thank cspan booktv for sponsoring this location and alice and bill rowe for sponsoring the upcoming discussion. Please make sure to stop by the book sales area and offer signing after the session. Book sales help support the cost of the festival in the local literacy programs it finds. You can also he