The cigarette issue here is the dynamics of the polls. I will be honest, im confused. I have people saying it has gone better for Joh Joe Biden in the last 1218 hours. Others saying that. Trump has done better in the days. Hree or four jonathan one thing we have not mentioned in the last 60 minutes, and i will mention it right now, tom, nashville. One of us out of the theory has actually played and entertained an audience on guitar and the microphone down in nashville. Tom let me set that up for you. [laughter] belmontthis is university, which is a Christian School but has been dis affiliated a little bit from this history points. It is a spectacular Music Program that the two candidates defend on. What is important is not so much the distance to auditorium, the distance to the grand ole opry outside nashville, or even to the acclaimed bluenose cafe. It is two blocks from the pancake pantry. And that is all that matters. Jonathan that was the perfect what do you call it, sa gooey [laug
Prospects and rising virus numbers. Disney is laying off workers at its u. S. Theme parks and resorts as covid19 continues to hammer travel and demand for group entertainment. Ahead of the first u. S. President ial faceoff, that debate in cleveland happening in the next couple of hours. We are seeing asian markets looking like they will start the day pretty adrift. Chinese pmi numbers could show a steady decline further into more negative conditions. This is how u. S. Futures are trading after slippage in the overnight session with low volumes going into that debate. Contracts are pretty flat at the moment. Thinolume is expected and liquidity on the ground in asia with korean markets on a Public Holiday and the last day of trading before the golden week holidays takes the mainland Chinese Markets out of action. We are seeing a pretty flat start according to the futures session. In sydney, bearishness going into the open, looking like indicated downside of 1 when we get into cash tradin
Action from jay powell call it a pandemic breakthrough, the fda clears a near instant testing kit that could change the tide in washington, d. C. , lawmakers looking to make a deal over a skinny stimulus package. It is thursday, august 27, 2020 you are watching Worldwide Exchange on cnbc. Top of the morning to you. Im Brian Chu Dominic chu in Brian Sullivan this morning. S p lower by about two points, the nasdaq off by about six. Monitor day for the nasdaq yesterday. Coming off fresh alltime highs. The dow did end higher yesterday and is now less than 1 away from the break even level for 2020 that is 28,539 digging deeper, it is not just the big names keeping the rally alive. Looking at the semiconductors, both of those coming off intraday alltime highs. Up more than 2 this week alone. Cloud computing getting a boost. Three etfs tracking the space. Coming off the fresh high with a huge move, a massive move. Salesforce goes into the dow next week. That stock higher by 26 for its second
Plasma will be expanding. Markets turning attention to the virtual jackson hole and the crisis fighting measures. The Republican National Convention Begins in North Carolina today as president ial rival joe biden says he would be open to a second term despite questions over his age. 6 00 a. M. Inne london, 9 00 in dubai. There is a open letter to the fed. It is satire at its best. I like bonds over fx. Just do whatever the bond market says. It is bigger, better, better educated and sharper than both of us. It is a great piece, but it is genuflection to, did you read the minutes and just do whatever the bond boys and girls say. What businessweek calls cringe worthy satire. They give it to jackson hole saying please do us a solid, keep this mind in vote during the jackson hole summit. No cowboy stuff, jay powell. It makes a lot of sense, this satire. It is trying to make sense of the market when you have covid19 pandemic still ravaging economies and Peoples Health and the s p 500 on frid
In southwestern louisiana, about 30 miles east as a cat 4 a storm surge forecasters say could be 20 feet deep. Good morning to you. Reporter good morning. The rain is steadily coming down here as hurricane laura moves up the coastline or state line from lake charles up to shreveport where i am the rain is coming down steadily for the past several hours this storm has been downgraded to a category 3. Many concerns remain around heavy rain that could lead to flooding and the possibility of high winds that could impact trees and cause trees to fall and lead to downed power lines and outages much like we are seeing in the southern part of the state. Shreveport is one of the places folks were evacuated to from lake charles we are here along the riverside where folks are staying in hotels to get away from the storm but the businesses here are closed casinos here are closed. The cities in the area, the surrounding area, School Districts all closed for the day as they wait out to see what exac