
Hello Jedi,
Today was not a pleasant session as the Dow is down 225 points. The decline is a result of the second-quarter GDP contracting 32.9%. Also the Labor Department reported another 1.4 million jobless claims for the week.
Big tech, again, showing that the FANG (Facebook, Amazon, Apple, Netflix, and Google) operate outside the Dow by showing gains for the day.
Short Take:
Ford is up thanks to VW
Kodak up 1,780% since Friday
Fed holds key rate for now.