Monetary policy but says more can be done. A year after listing in hong kong, a Logistics Company discusses real estate, fund management, and the impact of covid19. We speak with the chairman later this hour. Haidi breaking news crossing the bloomberg when it comes to the pmi indicators out of australia. For augustumber still in contractionary territory at 49, better than the previous reading of 48. 1. The pmi composite number, a little bit of an uptick but still in contraction territory. It will be a while before we see a meaningful recovery given we are hearing in domestic media that the state for restriction law down in victoria, melbourne, and surrounding areas could be extended by another two weeks as we continue to get these numbers out of victoria. We have seen a jump about 100 new virus cases for the first time in three days. Another exuberant session for the u. S. Tech underperformed. The s p jumping the most in almost two months to another alltime high but interestingly, the
Affected people and their money. From times square in new york city, the new wall street week. I m pleased to welcome the chairman and ceo and cofounder of a capital group. It is great to see you. We started the show fairly typically by asking the origin story. Tell us about your background and your immigration from morocco. When i was six years old, we went to paris for a little while. I was there for a year. We came to the u. S. Hartford, connecticut. I grew up there. Until i went to college. You have family members there . My mom has nine brothers and sisters. Two of her sisters were at husbands used you started school. You went to Public School . Public school. I played basketball. I thought i would go pro. [laughter] lack of talent was a problem. Where did you go to college . I went to Clark University where i played basketball. Basketball scholarship . I would like to say it was a basketball scholarship. [laughter] then you went to law school. Why did you want to become a lawyer
Some trump tax returns are made public. We know what he paid in 2005 taxes. What does it all mean . And the Prime Minister of ireland joins us live. His country has hundreds of u. S. Companies meeting with the president tomorrow. Well find out what hes planning. First up, though, the fed is set to wrap up the twoday meeting. Fellow policy makers are going to announce a rate hike at 2 00 p. M. Yellen has a News Conference half an hour later. Trying to hang on to breakeven levels for the month, the story is going to be about the dots and the word gradual and business investment. I think you will hear a lot of people say, this could be the beginning of the 17 rate hi2017 that caused problems in the 2000s. We are at a low level. Youre not fighting much of a fed. I believe very strongly we have a much better tone of business in this country. There was an article today about lending and that lending is not that strong and i recognize that. But i have to tell you. The companies i deal with, w
Crash course in seatbelt safety. It seems to have worked. Able enjoy your seatbelts all the time . Yes. Are you going to wear your seatbelts all the time . The last thing anyone wants is for a Police Officer to show up step outside. Players so i said and theyre not good. Only 38 pass the english portion of the test, the same exact percent for math. Gender, grades, ethnicity and almost every category. The pass right was less than half. The lowest pass rates came from students with limited english its fantastic outside right now heres the evening planner, you can expect temperatures to drop out of the 90s to the 80s. Check out the dew point at 25. Here go this temperatures out today the bright 11 pm was clear skies. A club at taking classes and taking on a fulltime job, training and raising service dogs. They are about to hit a good a big milestone. Tran03 sparkies a service dogs is about ready to have its first graduate. You will not believe what he can do. In a few weeks christoffel be
S p 500 above 2100. Above a level that some traders have been talking about. 18,000 for the dow. All three major averages moving to the highs of the session. The highest that we have seen. Jones industrial average , last may is when the dow hit its record. 1. 1 . Nly off about the s p, around the same so we are getting closer to reachieving that record for both of those averages. The nasdaq, little further away. Todays session, energy has turned around and is the best performing group in the s p 500. Up about three quarters of 1 . Health care is gaining. We have Consumer Staples being pulled lower in part by earnings from coke. I wanted to look at other earnings movers that are not quite the biggest names but still important ones to mention. Textron coming out with earnings that Beat Estimates. The company saying bell little changed in terms of sales but its growth in industrial Aviation Industrial and aviation that did better than estimated. The chipmaker coming up with earnings that