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Some things like construction and drive in movie theaters. We are seeing flareups in south korea as well as wuhan, the original epicenter of the coronavirus outbreak. I want to bring in taylor riggs. Walk us through the day. Again, tech boolean the rest of themarket tech buoying rest of the market. Taylor for a few weeks, tech has been the big outperform the dow and s p are still lower. The nasdaq 100, the faang, all of those are the outperformance. Bige are a few individual tech stocks leading those. Amazon, a report that potentially they were in talks entertainment and zoom, the company we have got to know well. People think offices may not open up until next year. Ready to stay home through 2020. Nvidia ended up about 3 . They hit a record high after a raising the price to 3. 60 per share at needham. ,f course, on the data side increased demand for both public and private clouds. That is something that is driving that business. Continuation of tech heavy stocks really are performing ....
Historically it may end up being more and more of an an oration that his experience was the whole yield curve Interest Rate environment. We had a misery index back then where you add unemployment and inflation together. It was up in the low 20s. We may never see that again i hope we never see that again unless we do if we do, that means something is very wrong. A man and his moment can you imagine a fed being so taking really the world on in terms of im going to break the back of inflation, i dont care what happens to go to 21. 5 on the prime. What year is it now, 2019. He dies at a pretty old age. 92 years old. 92 years old and struggling to get to 2 because he harnessed or vanquished it so effectively when he did. He will be remembered. He was a very tall man and nice man. I know you spent some time with him. He was on the show a lot he was. The same day, you are dealing with cookie monster or what was it, oscar the grouch you ar ....
Good morning i am Carl Quintanilla with Morgan Brennan and jon fortt at post nine of the New Yorkstock Exchange were starting with disney in focus as shares surge post earnings Julia Boorstin sat down with bob iger after the call, joins us with more of that important conversation hey, julia reporter well, carl, while disney parks and movie Studio Division continue to outperform, the real focus this quarter is disneys Digital Future with disney plus, the streaming Service Launching tuesday. Without revealing any early subscription numbers for disney plus, bob iger told me he does expect t ....
First to our top story, job numbers came out friday while overall payroll gains were up in july along with a rise in hourly earnings. That wasnt enough to keep stocks out of the red, the worst week of 2019. This as President Trump decided to ratchet up the trade war with china, announcing a slew of new tariffs for the start of september, and dont forget the fed cutting Interest Rates for the First Time Since 2008. A move chairman powell describes as a midcycle adjustment to keep the economy expanding. We have tom thibodeau, the ceo and our editor mike regan. Why were markets caught off guard by the president s escalation of the trade war, when really there has been no end in sight. If you look back to the g20 meeting last month, there seems to be, if not progress, at least 80 escalation of tensions. When we started th ....