One progress review should happen soon. More signs offers china strengthening rebound. Sales jumped by one third last quarter to 22 billion. The company insists it is no threat to u. S. National security. Lets take a look at how we are shaping up on this final friday session of the day. Lets get over to sophie he was taking a closer look. What are we watching . Vibes coming through with futures largely higher. We could see some weakness in korea following the drop that we saw for the kospi. On the docket today were looking at cpi from japan. Nikkei futures move slightly higher this morning, while the yen is trading below the 106 handle. Pulling up the chart on the terminal, we are watching to see if tech will bounce back in the region after thursdays selloff which saw the kospi with a big loss and the worst day for the regional tech index since march. Samsung took a hit on the south outlook for to prices. Prices. Outlook on chip potential hits on huawei and delayed 5g. That could hurt
Intends to bring a deal to the white house by september 20, the official deadline date. Joining now to break down the week that was is abigail doolittle. Volatility volatility volatility. Walk us through the week that was and how might next week be different . Volatileeek was very and choppy. Up and down, a real roller coaster. At the end, it was a down week and today was especially choppy. Earlier, it felt as though the bulls were trying to take it away then the bears stepped in. The s p 500 up slightly. The nasdaq down. Continues to be newtons third law what goes up must come down. We are seeing a bit of a reversal. On the day and the week, even though we had the nasdaq down, we also had the nasdaq 100 fix down. Next week, maybe some of this choppiness will leave. You see apple down again on the day. Pointing to the idea that next week maybe in the near term, some of the choppiness will leave. If we go to the terminal, we have a great heart. Over the longterm, this probably suggests
Biggest rally since april. Zoom and tesla lead the balance for the electric carmaker jumping over 10 . Lawmakers become lawbreakers. The e. U. Considers legal action over the u. K. s plan to breach the brexit deal. The two sides hold an emergency meeting today. Class growing confit plus growing confidence. Hold ass set to stay on bloomberg learns some officials now see a reduced need for further stimulus down the line. As i said, just under one hour away from the start of cash equity trading in europe. Lets take a look at futures first. We do see gains on dax futures up about. 4 right now. Also, euro stocks futures are up. But you do see ftse futures down this morning so keep your eye on that divergence. In terms of u. S. Futuress, after the gains yesterday, we see continued gains in futures with dow and s p many contracts up. 2 . Anna . Talk about whats going on in the Asian Session in terms of the gmm. We have had a day where we have seen real resurgence as you mentioned in stocks, a
The haze and the fog. 50s everyone reporting clouding to mostly cloudy skies. Oakland and san dont see that all the time. Smoke for alburns off recent times. Wind this pick up later once the fog burns off. As far as i can see, a fog bank that we carried over to september 1st. Hazy skies today, morning fog, a little temperature changed. Big temperature change not until the weekend. Morn 10 minutes, temperatures except for livermore below average. Over to the sound emma picking up the bay bridge, still the case, you want to start there. I will start and san jose, steve, i will show the total times unless it is very rare i dont. Your right about that. I want to start with the san jose thing, we are finding out of a deadly accident southbound 880 at the old bayshore offramp where but the arrow right there. Not affecting traffic all that much, there will be a scene along with the corner coming up southbound 880, we are investigating that. Otherwise in the south bay we are doing okay, this g
The better off well all be out there. Ikea. Make the dream yours. Announcer from abc7 live, breaking news. Director of the California Department of public health, dr. Sonia angel reportedly announced she resigned her post effective immediately. In email to staff didnt give a reason for resignation. But departure comes a week after glitch was discovered in the data system that caused underreporting of the cases in the state. Governor thanked her for her service. Im eric thomas. Im dion lim. On the heels of that resignation, lets look where coronavirus stands in california right now. State reported more than 8,300 new cases of the coronavirus today, well above the sevenday average, may be due to clearing a backlog. Positivity rate is back up to 5. 7 . As the pandemic goes on, were focused on how to build a better bay area for all of us during this time. Health is part of that, another part is education. Were less than 24 hours away from the start of the school year for thousands of kids