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CNBC Television With this volatility, we adjust our positions every day: Dan Niles

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🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: AlphaOne Capital’s Dan Niles on how he’s approaching the extreme volatility in today’s market. Stocks fell on Monday as traders weighed the reopening of the economy along with brewing tensions between China and the U.S. The Dow Jones Industrial Average fell about 210 points, or 0.8%, while the S&P 500 lost 0.5%. The Nasdaq Composite eked out a 0.6% gain, lifted by big technology shares. Microsoft, Amazon and Netflix all rose more than 1%, capping losses in the broader market. Airline shares were among the biggest losers in the S&P 500, with Delta, United, American Airlines all dropping more than 10%. The declines came after Warren Buffett said over the weekend his Berkshire Hathaway sold all of its airline holdings because of the coronavirus outbreak. Plane maker Boeing also fell nearly 3%. While Buffett was optimistic over the long term about the outlook for America, the move shows his concern that the pandemic has changed certain industries permanently and could be a sign that other investors are too optimistic about the economy returning to normal quickly. “Mr. Buffett is a long-term investor, so his decision to sell reflects his belief that airline industry is facing future challenges that fundamentally change the value-capture of that business,” wrote Tom Lee of Fundstrat in a note to clients. Disney fell more than 3% following a downgrade at MoffettNathanson. The firm said the economic hit to the entertainment giant will last longer than expected, with theme parks in particular facing a multi-year recovery. Investors are also grappling with worries over another spat between China and the U.S. On Sunday, Secretary of State Mike Pompeo said there was a “significant amount of evidence” connecting the coronavirus to a lab in the Wuhan region of China. Those comments came after National Economic Council Director Larry Kudlow said Friday that China will be “held accountable” for the coronavirus. Earlier in the week, President Donald Trump said he was considering imposing tariffs on China for its handling of the outbreak. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBC TV

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