Futures up by 253 points this comes after the dow was up yesterday by 230 points. The s p up by 27 points and then the nasdaq up by 92. The gains we saw yesterday were happening even though you continued to see pressure on yields in the treasury market. See how your Energy Prices and that did move stocks in the Energy Sector higher yesterday but again the idea that china is now basically confirming what President Trump was saying, things seem to sound better than they did last week for sure. Hearing both sides come out and make the arguments have been helping the futures this morning. They kind of said were not going to immediately match the new additional tariffs that he was right. So actually we would like existing tariffs to be going down. But both sides are willing to compromise and negotiate and thats a pretty significant deal. But it was their initial matching of the ones that he did. Yeah. Even though they really cant unless they raise the number they cant really match it anymor
United states. Against a massive Misinformation Campaign fuelled by Chinese State backed twitter and facebook accounts. Were live in hong kong with the latest there and its a big week for retail coming up tjx, kohls, many more reporting it is tuesday august 20th and Worldwide Exchange begins right now. Welcome to the show. Futures indicating the dow will open up fractionally higher at this stage the nasdaq up by 11 points heading into this mornings trading session, the dow is now within 145 points of recooping all of its losses from that big wednesday 800 points sell off in the dow. The s p is just 3 points away. The bond market currently in focus as well. The yield of 10 year u. S. Treasuries you can about 1. 8 1. 52 just about six basis points separating those two. That 210 spread for treasuries yesterday the white house was pushing back against recession rhetoric today its numerous reports the Trump Administration is preparing options to help bolster the American Economy and help pr
Welcome. Pessimism on a trade breakthrough as the president said hes not ready to make a deal yet huawei tensions heat up. Treasury yields, the dollar slipped as investors are still seeking out safety and government bonds to close out the week joining us for the hour Margaret Duran is back from bda capital partner. So its been a stomachchurning week how are you feeling about the market now thats right. Particularly down 700 points on monday i have to say i stepped in and bought on tuesday. Were going to see more volatility but in a trading range. I think the tariffs we needed a trigger after the run up in the first half and the tariffs when you look at 10 its not helpful. Well slow down growth in different areas but in terms of our 21 trillion economy, its not that big a hit. What kind of stocks were yo beau i think my usual suspects mastercard, costco, amazon, and orphan stock i got shopify which ill talk about later. Lulu for the first time no. I just added that. Oh, okay. All right.
Now at 11 00 cobb park repairs shutting down lanes, serious delays all weekend long. Now 11 00, bart repairs. Your weekend forecast. Silicon valley is rolling out the red carpet for sidekicks and villains this weekend, what you can expect from comic con in san jose, including tighter security. I am ken bastida. I am veronica delacruz. A project to repair the bart tracks between stations. Christin ayers has more on the delays. That will affect bart writers as well as drivers. Reporter riders. Reporter you might want to rethink your route, because there are massive delays on the roads and the rams. Dan berryman has his saturday all planned out. The earliest trained to go to sfo, a flight going to chicago, my daughter going to college. Reporter he hoped to leave from lafayette station, but part Officials Say not so fast. No Train Service between your render yorinda and walnut creek stations. I have to rethink a lot of my plans. Its going to suck. Pretty bad. Reporter drivers will start to
Part shuts down two lanes of highway 224 to make room for a crane, making multiple upgrades from the antioch to millbrae line, 10,000 feet of train control cables, six switch boxes, and 3 Million Pounds of rock ballast. Equipment that has out lived its useful life. Track equipment. It seems like its never ending, if it is not mechanical, it is one thing to another. The inconvenience in the meantime is frustrating for everyone, but hopefully it will be worth it in the end. A caveat for drivers, the traffic backups extend beyond 30 minutes, caltrans could reopen one lane of 24 e. , but it could have a Ripple Effect on the commute come monday morning. Christin ayers, kpix 5. We will have much more about the highway closure at kpix. Com. What a difference 24 hours makes, bracing for a significant cooldown, a clear night in san jose, look over there, you can barely make out the tower through the fog. The stunning image of the full moon, you can see it blowing as a orange orb as it emerges.