Different picture. All ten sectors are winning, intel leading the way on the Dow Jones Industrial average, multiple upgrade including jpmorgan, putting a price target of 29 on intel and this is because they think the pc market will hold on. And the Technology Leading the way but drug stocks, retailers, oil services, a lot of green arrows today. Back to you. Lori thank you. Dennis a warning for cash strapped state after three years of research the state Budget Crisis Task force issues a final report that warned state and local government finances remain in the journey of fixes despite tax revenue, peter barnes live from the capital with more on his first on fox Business Interview with a coauthor of that report. Peter new york state lt. Governor dick ravage who along with former fed chairman paul volcker have been looking at this issue for the last three years, First Financial crisis which ravaged the state and local budgets, collapse in tax revenues as you know her lot of states in citi
Beating consensus, short of expectations, but cook says hes not worried. Microsoft missing consensus. Saying the dpaen is still in the midst of a bold and disciplined effort to focus business. Boeing and delta beat expectations, deltas ceo on this network this morning commenting on the middle east. Pepsi came in on a streak despite a decline in carbonated drink sales. Apple had earnings of 1. 28, a nickel above. Just shy of consensus. Ipad sales came in low of expectations, same for the current quarter, and last night, tim cook spoke about sales on the Conference Call. Sales met the expectations, but they did not meet yours. Our sales were gated in part by channel inventory and market softness in certain parts of the world. Two consecutive quarters up double digits, 12. 7 this time, down 9, and two years ago, ipads up 9300 . Right. I want to call this is transition story. We watch tv shows, we watch them on this series, like, that goes on, say 13, 14 show, and theres an episode where n
Change their vote with now 59 days to go. A milestone reached in several weekend protests where the movement is headed. Plus, bracing for another spike. How crowded beaches may get this holiday weekend, and worries it could cause another covid surge. But we begin this hour with decision 2020. 59 days until the election. The traditional start of the campaign season, Labor Day Weekend, by the way. Anything but traditional in the covid19 era. New polls, new protests and even early voting starts this week. First, growing backlash over President Trumps comments on fallen troops. The president again slamming reports he referred to injured and killed u. S. Soldiers as losers and suckers, tweeting today the allegations are made up. Nbcs Kelly Odonnell at her post, typically at the white house for us on a saturday. This is clearly still weighing on the president s mind as the white house is scrambling to try to contain this story. Reporter definitely they are in damage control mode. The preside
A 2 increase, but nonetheless a good move for apple at the moment, investors seem to like it. Making the fashionable watches and clothing accessories. It designs and sells many believed to be innovative watches that are affordable. We see them move up 2. 35 off of the highs of the session, still a 2 gain. Quickly lets talk about commodities. The feds surprise decision having a definite impact. Gold jumping 57 yesterday hitting now a oneyear high as you can see golden spiking once again up another 60. Close to 120 over just 24 hours. The price of silver is doing better. Poised to have its highest close in more than a week. Nonetheless a very different picture for u. S. Treasuries. This is the benchmark. The 30year, the yields are all down. Cutting the yearend forecast by a court of a percentage. 2. 85 . Here we are, moving higher by five basis points but you are looking at yields tending to come down at least in the aftermath of the no taper taper announcement. He called it right right
Hayward to san mateo under 15 minutes. Kristen and katie . In the last hour work crews on the bay bridge ended a long night to continue the installation of 25,000 l. E. D. Lights. Amy will tell us, this is all for a new art project live from the embarcardero. Amy . All in the name of art. They let us join them up there. Look at the access we were given on this first overnight shift of the installlation. The plan is to have 25,000 l. E. D. Lights grace the western span of the bridge. They will flicker, dim, brighten and have pretty patterns for two years. The artist says he is also assessing and creating while he installs. We are 40 percent of the way there in terms of installation and soon we will be able to turn on lights and seeing what they can do. It is something i can not jut create in the studio in new york and send the file down. I have to sit here, be with it, and tune it like a musical instrument. He thinks of this as his studio. The project is privately funded. The website is