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And it has been volatile today so let's get to Adam Shapiro what the New York Stock Exchange out of the early rally sputtered -- as selling intensified in the last hour of trading but then we can't back up off that floor.
We came back up because some people are buying opportunity but you talk about volatility -- -- seven and a half percent today and you mentioned.
Decided kind of psychological barriers the -- sixty note three some analysts saying it doesn't he falls below that 1598 is critical.
We're not there yet we're gonna close it looks like about 1613.
Around today I keep an eye on 1603 the other thing to keep an eye on to the dollars it's been weakening we've been going down weakening against the yen.
Torah -- what you would expect with the yen carry trade but as the dollar weakens the market has been going down -- David that's a great point.
Let's talk about a specific stock has been getting beaten down and ironically on a down day like today it's going up again I'm talking about Tesla.
They had a bad -- -- errands but they came right back today.
Yeah -- bad reviews before remember the New York -- -- Actually raise their price target to a 118 dollars that's above their annual 514.
Dollars up 4% today -- Tesla.
They're probably smiling as they look in the rearview mirror of that Barron's article there.
Not a lot of -- -- Biogen deep in the red as city questions its valuation.
They're questioning the valuation because this is the stuff that needed annual highway 242 -- -- on May 28.
They're concerned about their multiple sclerosis drug and it's -- launch in Europe now.
Good up patent you know these visions of patent -- you can -- -- but they're delaying the launch of the drug until later this year so they were down 6% today.
Just feel bad -- -- you will be good event.
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