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The stoxx 600 up by 0. 7 . It has not given up gains of yesterday. The ibex continues to outperform. It has been one of the most beaten up during the covid crisis. The s p is down by 0. 8 percent. Crude is still up, trading at 42. 82. This demand expectation goes handinhand with the travel story, but crude stocks in europe are some of the best performers. Oil certainly gaining on a number of fronts. We continue to see what is happening in the bond market, and we watch this very carefully. I think the german bond market increasingly, certainly over the last day or so, feeling like it has been driven by what is happening in treasuries. Treasuries moving up to that 1 mark, having an effect on what is happening in germany. Interest overwith the next few days. It is only tuesday. Alix thanks for that. It was an ugly close yesterday for the u. S. As guy was mentioning, eu negotiators reaching a deal on the longterm budget, expected to add about 2 to the eus economic output in the coming year ....
A looming election join me Steve Clemons in conversation with leading voices on the bottom line your weekly take on u. S. Politics and society on aljazeera. As malaysian nationals to contain the coded 19 barks coulthard she said been carrying out military style operations across the capital while im told. In the name of Public Health and safety theyve rounded up illegal Foreign Workers. Oh when you look at these riots you cant help but think is this the practical reality of dealing with a pandemic or is it racism. We have treating them like animals this is not the way to treat a Migrant Worker hes a little weak. Human. But it out there living it up. With all but i didnt need to go to get that kind of my so. When i went to east investigates why so many foreigners of b ....
This is not the way to treat a Migrant Worker hes a little boy. Human. But it out. The. Window but i didnt go to get that i know my so. When i went to east investigates why so many foreigners abating locked up in malaysias locked down. Pools migrant neighborhoods around the sage any identified as areas with high infection rights have been locked in behind bob wire and barricades. This is part of malaysias response to coded 19 across the city people are being tested. Taken from their home was fingerprinted tested for the disease and shipped its a valid documents those without them a swiftly taken out. Of the shop you realize whats going on. Were not allowed inside they spent ferrets but phone footage from local residents gives us a glimpse inside the crackdown. Shortly after one right i speak with true migrants from bangladesh. Cant debates about gets out of this any one of them tells me hes afraid to leave his apartment because he ....
Livermore and later on this afternoon we will talk about the weekend forecast and that game day 49ers forecast sunday afternoon. Details on that coming up. We went to get you updated on highway 17 this morning. All lanes are open. You should not see any delays. Things have dissipated. They were closed earlier between hamilton and 282 to the accident but it looks like chp has everything cleared out and traffic is moving better as you work your way through that area. Traffic is moving ok in both directions so no delays out of the south bay. We are seeing pockets of slowing on onetoone but overall your southbay commute is looking better than it had earlier this morning. Again highway 17 all lanes are open following this earlier accident. That was reported as a deadly crash jackie ward has more information on that. She was in campbell and is now in san jose and, jackie, what happened that had the lanes closed . Reporter we actually moved to the chp headquarters in san jose because fortunat ....
Told in two stocks, but the narrative around both of them, nvidia, target raised to 1,100. Top pick bank of america. Tesla downgraded to underweight at wells. Were showing you the yeartodate returns from both of these stocks which, in a sense, tell a story of the market at large. Stocks like nvidia doing incredibly well. The question is, are we really seeing a trend change, yes or no . A trend change as it relates to momentum being the positive factor . Unequivocally, no, we are not. Were not . Why do you say it so matteroffactly . Why are you so sure . So far, year to date, trend following nondiscretionary funds, and you can go ask aqr, mulvaney capital, you could go ask dunn capital, theyre having their strongest start to the year since 2008. Momentum is a factor is back, leading the market higher. If you do not have momentum, you will be punished as is the case with tesla. If you have momentum in the case of nvidia, nvidia right now, by the way, is literally the market. Where nvidia ....