Generation he says. Meanwhile it is jobs day that november jobs report out this morning two and a half hours time 8 30 a. M. Eastern, economists expect 469,000 jobs added to economy with the Unemployment Rate ticking down for a 7th straight month to 6. 8 ahead of the jobs number futures are higher in the triple digits. Dow industrials right now up 136 the nasdaq up 48 and s p 500 higher by 13. After a mix performance yesterday, all three major indices poised to finish the week in the green with a the dow industrials yesterday at 85 nasdaq up 27 and s p 500 weaker by two and a quarter. Taking on big tech, President Trump going after the new defense bill that has no repeal of section 230 of the Communications Act. Threatening to veto it if it is not changed. We are taking a look at that. Plus somebody is watching me. The new technology that can detect whether remote employees are being lazy about work it is making a buzz this morning. Mornings with maria is live right now. European marke
Getting a little tiny speedbump as we headed to the final hours of trade, we are seeing a tiny bit of profittaking, nasdaq down 18 points but this is after the index with names to an alltime intraday high, maybe charles will be right if they get back up there. The dow and s p 500 continuing to trail along for global stimulus efforts, the dow at 281 but with a few days left on the clock, topper Administration Players are running a full court press in the halls of congress to follow in the footsteps of the European Union which reached in a historic covid stimulus to overnight. As we say on the countdown theres always trades to be made. The top stimulus stocks the floor show says can juice up your portfolio. Top redhanded, just hours ago the Justice Department making official, two Young Chinese hackers now formally accused of covid espionage. Attempting to steal research from the u. S. Biotech that are trying to rush to develop a vaccine. We have a fox business exclusive with the ceo biot
Between an unfilled gap 3259. That gap needs to be filled with some bullish moments. As you know, we are well above 250 100 day moving average. As you said, those smallcap stocks, big performers. Really beaten up so far. Finally getting we are out with earnings as well. One that you and i have been. Secondquarter revenue seems to eat gnificant significant beat. Revenue coming in at about three and one quarter billion dollars. The Forward Guidance looks strong. That might be why shares are up. And to why the Forward Guidance looks higher, what divisions within that is this are showing strength. That busyness are showing strength. Caroline the companys conservative forecast could add to the fact that it is likely to beat overall. Worried about the global auto sector, industrial gear shipments. The is a notable beat for second and Third Quarter. Maxim last week saying they will be teaming up to take on the likes of texas instruments. Revenue for the Third Quarter looking pretty strong for
July is here. The fomc has signaled rate cuts may be coming. Clevelands fed president shares exclusive insights on the policy outlook. I think the fed funds rate is about at neutral right now. Plus, expert perspective on what is ahead for the global economy. I think the market is getting a little bit greedy in terms of rate cuts. It is all straight ahead on bloomberg best. Viviana hello and welcome. This is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. The week began on a note of optimism after president s trump and xi met at the g20 summit and agreed to restart trade talks. The u. S. And china have agreed to a trade truce and say they will revive stalled negotiations after talks on the sidelines of the g20 summit in japan. President trump says he will also scaledback restrictions on Chinese Technology giant huawei. The president saying the u. S. Is winning the trade war and that he will hold
Wednesday, forgive me, before the july 4th break. And the dow, nasdaq and s p 500 all in uncharted territory, still close to record highs despite looking down in the futures. President trumps salute to america speech from last night praising unity and american ideals, freedom and democracy. Thats what this country is all about but dont tell that to the left. They say trump got too political, shouldnt have taken the stage at all on Independence Day. Also, the largest earthquake in 20 years hitting california on july 4th. Buildings shaken, houses burning, highways cracking. But according to reports, no fatalities. We will have a live report for you later in the show. Varney company starting right now. Today we come together as one nation with this very special salute to america. We celebrate our history, our people and the heroes who proudly defend our flag, the brave men and women of the United States military. God bless all those people in the military. That was President Trump at the