Lets get some deeper knowledge into what is going on with scarlet fu. Scarlett we saw indexes fall to their lows right around the time apple made the announcement. We know there was talk about the increased number of cases across certain parts of the United States. Apple says it will shut down 11 Stores Across florida, north carolina, south carolina, and arizona because of increased cases. That probably dragged down some of the other indexes. Financials are the laggards right now in advance of the feds stress tests. The central bank will consider the virus impact to guide whether banks can pay dividends. Small caps were hoping to lead on the way up, now helping to lead on the downside, although we are making a bit of a comeback. Through the 42 level but could not hold on. One thing i could not keep my eye on of is wirecard, the train wreck of the week. The stock rounded off a twoday 75 plunge in germany. Short covering could be limiting the losses as investors brace for default. Able t
On in hong kong with china over the weekend saying the security law could override hong kongs legal system. We she we see shares on the hang seng. 23,469 for the hang seng. The csi 300 pointing positive. Showing the resilience across these benchmarks. The kospi as well, we did get those export numbers. A slump easing a bit. Not very encouraging when it comes to exports of chips. Only a gain of 2. 6 . We saw a 13 advance in may. Perhaps this recovery is in an early nascent sense. The p cop, lowered by 910s of 12 . A decision coming through bank of centro and the rbnz later this week. Later on when it comes to assets, the disappointment has been with the china lpr, which they did not do anything. Given the credit numbers we have gotten, perhaps it was reason to pause. The selloff in bonds, are we going to continue to see that change . Ozzie yen, you are seeing a perk up aussie again, you are seeing a perk up. The dollar is rising for a fifth day. We have seen some flareups in australia.
Sports leagues are trying to make a come back mike tirico is going to tell us what the biggest hurdles are that all of the teams are facing right now. Tyler, thanks, the nasdaq is on track to snap a fiveday winning streak after the apple hedlines spooked investors. I think the key point here is that there are is 11 stores it is only 11 Stores Online stores are still open most of the others are still open most only have curb side pick up, but the whole thing is trying to figure out the trajectory of reopening. The closings of anything, and the market should be concerned about this you look at some of these travel a and leisure stocks they were flattish a little over two hours ago here, but trip advisor is down here we did have that announcement, no cruising until september 15th, but that was only a short while ago. The apple announcement was before that. Another casualty is brick and mortar retail. I want to specify, it dropped here, here is your dillards, abercromb abercrombie, and mor
In the south bay, a woman takes off her mask, then coughs on another womans 1yearold child. Reporter im Laura Anthony. Were hearing two different stories about what were seeing in this video. A white suv driving through a group of demonstrators in santa rosa. Now police are investigating. Im tracking warmer weather tomorrow afternoon. Heat advisories will go into effect. Well have all the details in the accuweather forecast. Sta bay area for ae and secure future, this is abc7 news. [ screaming ] this Close Encounter between a driver and protesters in Sonoma County has both sides claiming tonight that they were the victim. Good evening, thanks for joining us. Im eric thomas. And im dion lim. Abc7 News Reporter Laura Anthony has the story involving two sides, blaming the other and police in santa rosa trying to get to the truth. Black lives matter. All i saw was things flying and my concern was is anybody hurt. Reporter alea sanders says the otherwise peaceful march she organized in sant
Slavery had been abolished, two years after the emancipation proclamation. Meantime, President Trump ready for a planned rally saturday in oklahoma, where 100,000 protesters are scheduled to gather in oklahoma. Protesterstipolice ahead of the president is first rally in months. Meantime, big tech in the spotlight amid scrutiny at home and abroad and charges with the eu. Joining us now is the leader of u. S. Antitrust efforts against microsoft back in the day. Gary, thanks for joining us. Lets start without strong you believe the eu case against amazon is. Gary pretty strong, based on everything we read. The eu is going to charge with amazon with misusing data it gets from merchants on its site. Think, is going to claim amazon uses that data to help amazon make copycat products that compete against the very merchants they are supposed to be supporting. The press has done great analytical reporting, and it appears that exactly the cake that is exactly the case, based on interviews with f