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The show. A oneday day holiday on monday. We have seen initial gains of 85 , but still a healthy debut. A big ipo in hong kong. Smic is picking up 3 despite reports earlier. Gaining and alibaba is also up, close to four points. Currencies it onto in terms of cnh. It is around the level that it was fixed at. Pound, between brussels and london, increasingly concerned. It is currently down. 4 . 39, 1. 7 . Yvonne how they are going to reopen is still the key question. More than 4 incline. A rallyting a blip for reversal. Thisrine, we have seen text selloff just for a bit. Thisthat it can lead market at the moment or i looking too tired at the moment . On one side, you see the market really being driven with a lot of liquidity and strong retail participation, also in the u. S. , so i know it is contrarian, but when you look at the sectors, some of these companies are delivering on earnings. Fundamentalsat the and these companies that can achieve earnings growths. What kind of correlation ar ....
Heres the markets performance this thursday morning. Not paying much attention to those jobless numbers. We are going to be down pretty much across the board. The dow industrials on the down side to the tune of 200. The s p down about 20. The nasdaq, not much of a loss there, down 12 points. Now, ive got some negatives to lay out for you. This may be a negative. Several states report big spikes in virus cases following their reopening. Its the second wave worry. Number two, medical authorities in beijing say the new outbreak has been controlled, their words, but virus statements out of china dont have much credibility with investors. Heres another one. This is not helping. The European Union will go ahead with its plan to tax big American Technology companies. The u. S. Has withdrawn from those talks. This too might be hurting investor sentiment. John boltons book, very ....
Watch live wednesday at 2 30 p. M. Eastern on cspan 3, online at cspan. Org or listen live on the free cspan radio app. Next, a hearing on the federal governments role in protecting workers during the coronavirus pandemic. Good morning. The subcommittee on work force protections will come to order. Welcome, everyone. I note that our quorum is present. I note for the subcommittee mr. Courtney of connecticut, mr. Levine of michigan, mr. Castro of texas, dr. Roe of tennessee, mr. Guthrie of kentucky, mr. Smucker of pennsylvania, mr. Banks of indiana, mr. Watkins of kansas, mr. Mercer of pennsylvania, mr. Johnson of south dakota, mr. Cellar of pennsylvania are all permitted to participate in todays hearing with the understanding that their questions will come only after all members of the subcommittee on work force protections on both sides of the aisle who are present either in person or via remote participation pursuant to House Resol ....
Good morning. The subcommittee will come to order. Welcome everyone. A quorum is present and i know for the subcommittee and from florida and michigan and texas and tennessee michiga michigan, kentucky, wisconsi michigan, kentucky, wisconsin,. Pennsylvania, mr. Johnson of south dakota and pennsylvania they all have committed to participate in todays hearing that the questions will only come after the subcommittee of workforce protections on both sides of the aisle are present either in person or via remote participation due to House Resolution 965 and the accompanying regulations and had an opportunity to question the witnesses the subcommittee is meeting today for a hearing on examining the federal governments actions to protect workers from covid19 both in the hearing room and for those members participating remotely you will be kept muted as a general rule to avoid any unnecessary background noise members will be responsible ....