We are monitoring his comments right now for any news that breaks. We are on this event for you. Meanwhile, got to look at the markets. Kicking off the first trading day of september with new records for the s p 500 and the nasdaq, and the dow is back in positive territory for the year. We shall see if these numbers hold through the rest of the hour. You know, septembers traditionally the worst month of the year for the stock market. But we are going to ask our floor show traders if they expect september 2020 to follow the usual pattern, because nothing about 2020 has been usual, to be clear. And we will get a view from the farm as harvest season is fast approaching. We will talk to one soybean and corn farmer about how he sees the phase one trade deal playing out in the middle of the coronavirus pandemic. Plus, the state of spacs. A giant in the Media Industry is turning to the world of 3d printing to tell us why he is now taking desktop metal public. Less than an hour to the closing
The securities and Exchange Commission focusing on disclosure. We will get into it. 8 30 a. M. Eastern. Chairman jay is here live. We will talk about it. Isaias leaving millions without power, the deadly storm causing disruption across the east coast. Did you lose power . Novaxx with trial, research and Development President gregory glen is here to walk us through the progress. Markets this morning look like this. Indications are for pretty good rally at the start of trading. Futures indicating gain 200 points right out of the gate. Dow industrials up 198 and nasdaq up 1. The momentum continues. Up 38 points yesterday, the dow up 164 at the close yesterday and the s p up 11. Gold committerring glittering. Take a look. Up and a 3 quarters percent. 2020 voting in focus. Battle intensify over mailin ballots, the campaign sue it is state of nevada. Plus some of you may have heard but i have a very special announcement later this morning. Stick around, big announcement coming up. Mornings w
President trump urged his former secretary of state to help the clients of lawyer rudy giuliani. Syria. Of airstrikes in u. S. Senators lead the growing criticism threatening sanctions in response. Shery lets get you started with a quick check of markets appeared u. S. Futures being pressured right now, down 1. 2 after that South China Morning Post report that there was no progress made between deputy level talks between the u. S. And china. We have seen stocks pair back some of those earlier gains in the regular session in the afternoon as we have gotten another report saying that china is trying to play down expectations of progress. The s p 500 managed to end the session higher after two sessions of losses, gained. 9 . We have cap and Energy Leading the gains tech and Energy Leading the gains. Members showing a little bit more worry and concern over the growing gap between Market Expectations on easing and their own projections. To the u. S. Turning cpi numbers out tomorrow. Lets se
James freeman. Much made of the inversion of the yield curve between twoyear yield on the treasury and the 10year, but what do you make of the markets right now . Well, we had really a trifecta, the poor numbers out of china with Industrial Production worst numbers in 17 years. We had a poor number for germany, gdp negative, second time in four quarters, fourth largest economy, the Worlds Largest economy in europe, of course, the inversion of the 2s to 10s that weve all been waiting on. We have seen other parts invert. This is the one recognized being symbolic for, predictor of possible recession and i think that most of the reaction was about. But as we look at the numbers and relative, mixed Economic Data, unemployment is still low, wage gains are still there, i think yesterday was reaction to a lot of scary data that came in, but we are still positive about the markets and we think that weve got some runway head here. Dagen lindsey to that point, the 10year yield closed 1. 596 . I w
We appreciate that their church is praying for us and lifting us up during this time. Im confident the community is going to respond. This is a good, Solid Community and i know that our local churches are going to respond and do whatever they can. Many have already offered however we can help you we will. So i am thankful for our community. Maria the very latest on the investigation this morning. Since im with this competition for the iphone looking to bound from exploding battery scandal. A closer look at the features of the new galaxy essay coming up. Futures indicate a lower opening for broader averages of fractional. The dow industrials expect to be down about 18 points. Reading on the gdp number for the last quarter. I found about 2. 5 hours. Take a look at the market with the dax index of refraction but the transfixed on a fraction. Nikkei average of as is shanghai composite and china. Inside the type just bezos blue origin. A sneak peek double take tourists into space. Raimondo