The dow industrials this wednesday morning are going to go up about 170 odd points at the opening bell. S p, modest gain. A fractional loss, though, for the nasdaq which is at the 11,000 level. Stocks overall getting help from the virus relief talks. Mitch mcconnell talking compromise. Senator schumer talking concessions from both sides. Theyre looking for a deal by the end of this week. My opinion, there is no way Congress Leaves Town friday without spending at least a trillion dollars. I think a deal is coming and the market likes it. Two stocks in the news and moving. Disney, up sharply despite losing 5 billion during the pandemic lockdown. Disney plus has 60. 5 million paid subscribers, 100 million overall and they are starting another streaming service next year. All of that helps. Disney is up seven. Novavax, their phase one trial showed their vaccine to be safe and created an immune response. That stock is way up, 30 bucks a share on the upside. All right. Something different. L
Debts are about 700,000. The Trump Administration dabs up its attack on chinese tech. Mike pompeo wants to cut ties well beyond just a campaign against tiktok. Alert on start with an the bloomberg. South korea announcing its surplus widening to 6. 88 billion. This is a recovery from the 2 billion level we saw in the previous month and recovery after logging a deficit in april. When it comes to the trade surplus, widening to 5. 867 billion. We have seen south korean exports slump, slowing in july. We are seeing an economic recovery in china and demand for semiconductors. Lets turn to Sophie Kamaruddin in hong kong for a check of the markets. What should we be watching out for in south korea today . Sophie we have more data coming out. Tourism revenue falling for a fifth consecutive month so the focus will be on the consumer sector. Of o have the likes reporting earnings. Consumer sentiment has rebounded for a third month in south korea and online spending will continue to be key as the
Who outperforms when it comes to the smallcap. Taylor we tech about the theme of the week, theme of the month. Back into gold and further out of dollar weakness. I heard you ask that really smart question about the dollar a few institutional banks trying to question that idea. That, thatr told you the dollar is for now still the reserve currency, at least in his lifetime. Big picture when we talk about flows, that will be one to watch. Romaine lets bring in linda. We are inthis market right now, at least off some of the record highs of the industry . Is this a market you want to buy and hold or do you become more of a trader in this environment . Linda i dont believe that any of us are particularly any good at being traders. It is an unprecedented time we are living in right now. We still have very high unemployment. We would like to have more belief that the virus is under control. I think powell made that comment to us as well, that the virus is going to decide much of this. Bulls on
Absolutely nothing. Except expose themselves to the country as clueless and you arer socalled summer of love has ended, and now she says is the time to shut c. H. O. P. Down. In just over two weeks, the anarchists created their own security group, imagine that, anarchists in charge of security. They couldnt or wouldnt prevent sexual assaults, rapes, robberies, vandalism, homicides. In fact, they empowered a local rapper to be their warlord. And gun violence worsened with three shootings over the past four days. Three men wounded, one of them critically, and a 19yearold was killed. As far as we know now, there are no suspects in custody. The citys police chief, carmen best, says hostile crowds prevented her officers from reaching the victims of those shootings. Neither mayor with during can or the durkan or the police chief have said exactly when the Police Department will reclaim the citys east precinct, the precinct the mayor ordered abandoned in the midst of the first day of violent
For two weeks they have done absolutely nothing. Except expose themselves to the country as clueless and you arer socalled summer of love has ended, and now she says is the time to shut c. H. O. P. Down. In just over two weeks, the anarchists created their own security group, imagine that, anarchists in charge of security. They couldnt or wouldnt prevent sexual assaults, rapes, robberies, vandalism, homicides. In fact, they empowered a local rapper to be their warlord. And gun violence worsened with three shootings over the past four days. Three men wounded, one of them critically, and a 19yearold was killed. As far as we know now, there are no suspects in custody. The citys police chief, carmen best, says hostile crowds prevented her officers from reaching the victims of those shootings. Neither mayor with during can or the durkan or the police chief have said exactly when the Police Department will reclaim the citys east precinct, the precinct the mayor ordered abandoned in the midst