Continue to gradually reopen, auto plants are restarting some operations this morning and Homebuilder Confidence increasing as well ahead on todays show, President Trump host iing a rou b table with restaurant executives at t the white house this afternoon well speak with the ceo of restaurant brand, the Parent Company of burger king and pop eyes. Plus, billionaire entrepreneur and Restaurant Owner will join us to discuss whether people will actually come back to restaurants, casinos an sporting events hes got all three of those covered. Hooe also at that white house meeting. Lets focus in on the big stori were watching mike is tracking the big market rally. Meg has the latest on modernas vaccine progress Brian Sullivan watching the comeback for crude well tart off with the broaderr rally, mike, and what stands out to you obviously the market for months has been moving along this spectrum that goes from you know sooner and faster for a recovery to you know later and slower and right no
Plus, verizons 5g focus. The ceo says 50 of consumers will have access to that technology and beyond meat is tumbling in the premarket, pricing a secondary at six times the ipo price and has new competition on the way. Stocks are looking to open higher after their worst day in two months yesterday the fed cuts rates by a quarter point, but the chair dampens expectations for more easing despite the selloff, the major indices still finished july in the green, their sixth positive month in seven, although were headed into the historically weakest two months of the year well, look, were making much too much of this mid cycle were going to forget what that means five days from now we wont be thinking about that. Well be thinking about it today until the market goes up then we say forget about it. He was in a spot hes in a spot because he has a president who cant fire him but would fire him, right . And send him down the elevator he wants to make it so that its not personal so he comes up wi
Okay it is cooler. Fog has returned now. Most of the fog, the heavier fog bank is to the north, not so much. Theres plenty of breaks to the south. 50 on the temps, though. Low clouds and system got helped by that clipped right along there. You can see that up in the sierra nevada, oregon. But that knocked down the high and thats going to give us a cooler pattern probably for the next 3 or 4 days here. Big fog bank returns breezy to windy for some, but cooler for all. 6070s and 80s. Well, if youre thinking of getting on the san mateo bridge from the hayward side, i probably reconsider that. Yeah unless you like costco on saturdays or maybe the alameda fair trying to get out at, say, 2 00. I mean, those are the analogies that come up with. Let me show you what the san mateo bridge looks like westbound 92 heading across all the way across to foster city. This is because of a crash and theyre waiting for a special kind of tow truck to arrive. And thats why its taken so long. Look at this p
Thats exactly how i felt about the Labor Departments none pharma payroll report which showed better job growth s p advanced. 55 and the nasdaq climbed. 40 percent. The jobs report frankly has something for everyone, good manufacturing growth, tame wage growth i know its not great for the vast majority of people who work for a living, but it is terrific if youre a business that wants traits to stay relatively low. At the same time there was enough ammo for the fed to tighten when it meets next week, and the federal funds rate is so low we can handle some rate hikes before it starts hurting this smoking hot economy rate hikes trade into booming earnings for the banks, one of the biggest groups in the whole s p. Lets not get ahead of ourselves. Theres a lot going on before we get to a wednesday where ill talk about the swan song, not the black swan, the swan song. When we come in on monday, look out. Youll be able to trade bitcoin futures. Thats right the cboe will seek to create a twoway
Concert hall the bataclan concert hall were 90 people were killed by jihadist attackers. French Police Released an image of the third suicide bomber the attack of the national stadium. Another main suspect is still on the run. Genie we start first in belgium, where brussels is in lockdown for a third a straight. This is, however, the first working day since the city has been at its highest terror alert levels. Overnight in belgium, police carried out 20 raids. I am joined from brussels by james andre. We have heard that the number of people arrested has increased up to about 21. What more can you tell us . We do not have much information, but we do know that five extra people have been arrested this morning. Some in brussels, some in the , where according to local press in belgium and abdeslamrces say salah , the man being actively searched for by police, is potentially carrying a palm and is the main threat. It is said that police units have seen Salah Abdeslam near liege, that he was