nasdaq losing .12% there are all sorts of reasons why a stock might rally. from president-elect biden s $1.9 trillion stimulus plan announced this afternoon to fed chief jay powell s encouraging words about the need to keep money easy the fed won t take its foot off the gas pedal anytime soon there are companies like delta this morning on squawk box finally started talking about the huge boost they ll get as people get vaccinated. and then there are shortages which are rapidly becoming my major focus. of course we have a shortage of vaccines and people to distribute them. that s bad for everyone. we re going to talk about that later tonight. but i want to talk about some very important shortages that are actually going on in the market that you probably don t know about last night taiwan semiconductor the gigantic chip manufacturer report aid stunning quarter. taiwan semi boosted its capital equipment budget by 50%. that s a bonanza for companies like lamb research-a plied
welcome to countdown. it is just 6:00 here in london. coming up, the israeli basketball team with big plans for cracking america. how they are making a play for the big time. our top story, democracy protest in hong kong luck to streets and divided the city for the two months and it is coming to an end. baliff s have moved in the last remitting site. live from hong kong with the details. this hour,nd that at 6:00 here in london, and this hour has been targeted as a key deadline for the protesters in hong kong. yes, where hearing police that now announcing protesters and others who should not be in the area should be leaving immediately. they have announcing this at regular intervals for the last hour. they said able start clearing this site very soon, maybe in the next five minutes. what has happened today is that part of the protest site was covered by an injunction in that part was cleared this morning by some people who are authorized by the company to do so and they
rally. who s investigating the investigators? bill ackman responds to the report that he and some of the people who advise him are the subject of a government probe for manipulating stock prices. hello, it s tim from cupertino on the line that surprise interview with apple s tim cook and our own jim cramer last night on mad money. we ll let you hear that. producer prices fell for a fourth straight month, down un unexpectedly in february by .5 as decline in food prices offset increase in gas prices, a daft the rally sent the dow and s&p into positive territory for 2015. but we ll ride that back and forth. yeah, i m looking at the euro and i understand that it s really difficult for the central bank to keep buying bonds. there s not a lot of bonds out there. their work may which came in with a lion may go out like a lamb at the end of the week and that s why if we can see any surprise strength in the euro i think that stabilizes things. if we see the euro keep rolli
After a three-hour meeting in a room packed with supporters of the Indy Eleven, a City-County Council committee on Tuesday narrowly advanced a proposal for a taxing district on the east side of downtown to support a potential Major League Soccer stadium.