Report in the atlantic that says President Trump called wounded veterans losers we will talk to the Vice President , but lets talk more about the nasdaq with the tech selloff continuing. Some of the big names we follow closely, tesla is down after a 9 drop yesterday and today its down about 2 in premarket activity. The chip maker also about 9 yesterday and it also looks to open down by almost 4 today. That is free market activity as well. Zoom after a big day earlier in the week seeing major prophet taking in the last two days down almost 2 and apple surging on its stock split monday but then down another about 7 yesterday down to about one and a quarter in premarket activity after an 8 drop yesterday. We are less than two months until election day and joe biden is out and about. He made another. Dot this could be why the democrats want him to stay in the basement. We will play that a little later. We may hear from President Trump as he meets with leaders of serbia and kos about later
Mateo board supervisor and San Francisco Business Owner about the changes. For many of the businesses in San Mateo County that were forced to shut down and lay off employees supervisor david campos says theyre taking a small step in the right direction, its time to loosen it up. A little hopefully what this does. It gives the small Business Owners. A glimmer of hope. Theyre not fully closed and now how the ability topper on wednesday both san mateo and San Francisco counties announced that they will allow most retailers to reopen with Curbside Pickup and delivery on monday. The new order includes manufacturing and warehouse is not shopping malls. Weve seen. A some of them in terms of sales down between 60 to 90 . However. What were hoping for is that with ease curbside sales. Helps those businesses because right now. They can operate over in San Francisco, small fries is one of those businesses and 95 of our business is gone my daughter who is the manager was laid off as were other oth
Taking that road, the top most aggressive cities when it comes to driving ranked. Boy is rahel solomon going to be upset about this one Worldwide Exchange starts right now. Good morning and welcome stock futures are pointing to another record open for the major averages as the dow looks to lock in the 22nd record close of the year. The s p on its 32nd record close. Since 2013, when it gained around almost 30 . If it can ink out another 0. 4 , it will have been the best year since 1997 so a big move. Major investor attention on the nasdaq after it closed above the 9,000 mark for the First Time Ever. Just 486 days after closing above the 8,000 mark the faang name playing a role in that move. You can see hear the faang stocks facebook actually up about 19 amazon marginally lower. Netflix down and apple a major driver for that faang outperformance more on that move to 9,000 in a moment lets go worldwide we are seeing markets opening since christmas. The shanghai about flat. Nikkei down abo
Debut week following its ipo, but if history is any indication, you might want to sell. First, we start with the wrath of amazon, prime day kicking off in four hours. The kpaeccompany has been takino prisoners especially in retail spice as it continues to dominate Retail Stocks feeling the heat, sinking 2 today, hitting their lowest levels in three weeks amazon announced its own version of the geek squad, costco falling after a downgrade from bmo, says sales arent enough to combat the Amazon Effect walmart under pressure and the Department Stores like macys, well, theyre Department Stores like macys. You look at costco, look at best buy, if you are a value investor, guy adami, do you nibble on any of the names that got smacked around and banged up today . In absolutely great having you the one name out of all the names is costco. They have the ability to raise membership prices 90 retention rate if id go anywhere, it would be costco macys will be interesting karen can speak to that, at
After press secretary shawn spicer left the white house. Were live tonight on the capitol hill with the latest on how President Trump is reengineering his team. Reporter it is a completely new direction at the white house. President trump is getting a new chief of staff just a week after shawn spicer resigned as press secretary. I resigned, he accepted it. Reince priebus is out, and general john kelly is in. President trump announced friday he was appointing Homeland Security secretary kelly to be his chief of staff. Reince is a good man. John kelly will do a fantastic job. The president made the announcement on twitter friday. Thing. Actually going a different direction, hitting a reset button is a good thing. And the president did that and so i think hes happy. Ive got to tell you although its always a little mixed when things like this happen, i generally feel pretty clear. This comes after a particularly tough week for the white house. Anthony scaramucci openly criticizing priebus