Now. Broader markets also higher. Take a look at futures, dow futures currently up 250 points, thats about 1 , nasdaq futures up 92 and s p futures up 25. Stimulus standoff leading to the nasdaq lower by 185. Gold losing some of its shine. Tumbling 4 and a half percent yesterday. More tiktok security concerns this morning. The popular chinese app reportedly tracking user data for millions of people in violation of google policies. Plus College Football taking time out, the big ten and pack 12 postponing the fall season due to coronavirus. Mornings with maria is live right now. Maria and global marks this morning are mixed. Ftse 100 in london is up 48 points and uk economy falling into a recession after shrinking more than 20 in the Second Quarter, largest contraction reported by any major economy so far. The cac quarante in paris up 12 and dax index in germany lower by 18 points this morning. Check asian markets mostly higher on the session. Kospi index was higher as well as hang seng,
33 points and nasdaq is up 92 and the s p is up 8 points. Yesterday the dow industrials snapping a 4session winning streak with decline of the session with 135 points and nasdaq down 76 and s p lower by 11. Warning on china that i reported here first, attorney general bill barr calling out American Companies for caving into the pressure from beijing. Bombshell allegation, 15 employees of the Washington Redskins said they were harassed for years. Mornings with maria is live right now. Maria in europe mixed moves, the ftse 100 is up 21 but cac quarante is down 15 and dax higher by 42. In asia overnight markets mostly higher with the exception of japan, nikkei average overnight down a third of a percent and the other fractionally moving across the board. Some of the top stories we are watching right now, John Hopkins University reporting over 77,000 new cases yesterday. 10,000 higher than the previous high. 969 deaths were also reported. Florida, South Carolina and texas all reporting the
Its a mixed day stocks reacting to the vaccine news josh, it seems funny to ask the question about tech on a day i showed you the index is having a nice bounce back day since that index hit its high on monday, 13th it hasnt traded all that well what do you make of that well, were working on josh browns mike maybe he did that on purpose since its my first day back joe, do you want to take that same question . There we go. I was going to say this is going well so far. What i said was first of all, welcome back technology can you hear me i can hear you. Amazon was down 12. 7 . Amazon was down that its 1999 all over again understand that 1999, once the names like microsoft rolled over, they were in a multi year decline where technology under performed. Thats not the case well be witnessing right now lit be a pause that refreshes. The fundamentals are strong for Technology Technology is the economy and there you go today, youve got amazon recovering 6 of the 12. 7 decline it witnessed last
It represents commerce, navigation, all of the things that San Francisco is famous for. The wood you see in the board of supervisors chambers is oak and all hand carved on site. Interesting thing about the oak is there isnt anymore in the entire world. The floors in china was cleard and never replanted. If you look up at the seceiling you would believe thats hand kof carved out of wood and it is a cast plaster sealing and the only spanish design in an arts building. There are no records about how many people worked on this building. The workman who worked on this building did not all speak the same language. And what happened was the person working next to the other person respected a skill a skill that was so wonderful that we have this masterpiece to show the world today. [roll call] item number two, pledge of allegiance. Item number three, approval of minutes for the june 9, 2020 Port Commission meeting. So moved. Second. All in favor. Aye. Sorry, roll call vote. [roll call] thank y
Republicans are now diving into each different part of this h. E. A. L. S. Act as leader mcconnell termed this deal. It stands for healthic economy assistance Liability Protection and schools. The trillion dollar package has 105 billion for schools. That is more than was in the democrats heroes act from back in may. It has another round of direct checks and it has an add unemployment benefit of 200 a week. Thats a decrease of what its been for the last several months. But Senate Finance chair Chuck Grassley just noted this is going transition to 70 of a workers pre pandemic wage over the course of the next few weeks. Senate Majority Leader Mitch Mcconnell said that the virus doesnt care how fragile the economy is, but that the u. S. Is not write a blank check. It needs to be tailored for these specific times and crossroads. But democrats are already saying its far too tailored. After mcconnell took the floor, Senate Minority leader Chuck Schumer said there needs to be Food Assistance f