Look theyre higher across the board. The nasdaq is up by 134. Its early in the morning but these are pretty significant green arrows at this point take a look at whats happening at the treasury market and youll see that right now the ten year is yielding where it has been 0. 996 joe. Tik tok, the latest here. Developing late yesterday, the u. S. Judge blocked an order that would ban tiktok from being downloaded in the u. S. The ruling is the chinese owner byte dance has more time to get approval from u. S. And Chinese Authority which is unclear if that really happens for that deal with oracle and walmart the judge did not clock a much broader ban which is set to take effect on november 12th which the way things are going will be here like tomorrow i wanted 2020 to go quickly but now im thinking its just going too quickly. We wanted to go quickly. Still 2020. You still did your best Barbara Walters with that. 2020. And hugh, hugh had a long illustrious life hugh is gone now but we remem
Come back parade. Not startling, but reminder these companies are trying to conserve cash. They look to do it reining in the advertising budgets. The effect on broadcast industry, cable industry, newspapers, publishers, that could be pervasive this is not a shocker. Something i want to pass along. Also broadway right now, it is all blacked out. There are no shows. That will continue to be the case at least through labor day. Were getting word from broadway producers this will be case at least through labor day. Reminders here even when we get back to business it could be slowgoing. Certainly in the new york metropolitan area. Certainly among big corporations that have reining in to do. All right, back to dr. Fauci, the kind of things he is outlining right now, the state of the coronavirus. His concern about not opening up too, too quickly. Although it has been kind of a back and forth on this. Sometimes, no offense to the principles involved, kind of like watching paint dry but if your
A new brexit deal. And the Nobel Laureate Toni Morrison, whose books examined the history of black life in america, has died at the age of 88. Hello and welcome im katty kay in washington and Christian Fraser is in london. The trade war is between china and america both sides showing they have financial weapons and are prepared to use them. But its now making the rest of the world nervous too. Global markets have had a run of bad days and the german finance minister today sounded the alarm bells warning beijing and washington to tone down the rhetoric and get back to negotiating. China gave its First Official response to the latest threats of us tariffs today, with the bank of china saying washington was totally wrong to label china a currency manipulator. President trump sounded defiant this morning. Massive amounts of money from china and other parts of the world is pouring into the United States for reasons of safety, investment, and Interest Rates we are in a very strong position.
S p up over half a percent the nasdaq tipping between negative and positive in the last few hours, and right now its fractional lehigher, and the dow fractionally higher. Its a larger conversation this is about mega caps as well, because tesla is down 9 over the course of the last five days and apple down over the last five days. The way the strategy owns apple and tesla, i like it were equal weighted we dont have the significant exposure i think thats an important question for investors right now, what is your actual exposure in your portfolio to the mega caps, because as it rallied it has statistically grown further. I believe in being equally cap weighted and now specific to the fund mentals and the technicals of apple, where are we right now with apple we are pulling back within the critical moving averages were all the way back to where we were on Worldwide Developers Conference Day that monday in early june. We have erased all the gains back to there. Structurally from a technica
Been continuing all day. And in addition to that, Israeli Soldiers have been clearing the kfar aza kibbutz, one of the hardest hit areas of hamas attacks in the south. Men, women in and children are believed to have been killed at the kibbutz. And israeli troops are going in there this evening, have had to retrieve the bodies. It was retrieve the bodies. It was after hamas had breached the border from gaza. Well the idf have this evening confirmed their soldiers have also been responding to incoming fire from syria with artillery and mortar shelling. They have returned shelling. They have returned fire. Gb News Reporter Charlie Peters is in tel aviv for us and he spoke to one survivor of the karmir kibbutz, which is between ashkelon in the south and gaza. Heres what she had to say. Heres what she had to say. Did you see anything in the street when you drove through . Did you bodies and. Did you see bodies and. Did you see bodies and. Yeah , mostly bodies. Some of yeah, mostly bodies. S