More than 3 higher. Shares in astrazeneca hit a record high as the giant prepares to release positive news on the covid19 vaccine and julius bar with a drop in assets under management but a record high net profit and stresses it is well prepared for a challenging second half. European leaders remain deadlock after a drawn out three day summit over the budget and recovery they will resume talks today over how to allocate the money and urging his colleagues to approve the Recovery Fund, italian Prime Minister pushed for unity emphasizing that the pandemic has effected the whole block. Were going through a stalemate. This looks like its very complicated. More complicated than expected theres many issues were discussing and were not yet able to resolve and i have invited all eu leaders to converge to approve the next generation eu which is a plan for european recovery. Over the weekend a lot of negative headlines around the stick point, the size of the fund, between grants and loans and no
It will be interesting to see what happens after the u. S. Labor day holiday and we get more bodies back in there. Lets dive a little deeper into the action with our markets reporters. Abigail lets take a closer look at a chart that we have been looking out bunch over the last week or so and especially today in different ways and that is making the point that august, the third is shaping up to be risk off. These are all futures. Manyrple, we have the futures, and yellow, we have gold futures, and white, yen futures. The month of july, all were basically flat and then after the fed meeting, stocks went lower, gold shooting higher, and bonds and the yen also trading higher. A lot of trade uncertainty in here overall, but over the Third Quarter, the s p 500 down 1. 5 . That haven has had it certainly and the Third Quarter and august, too, which is shaping up risk off. Look at workday which had a pretty terrible day and is down about 10 for the month. Take a look at this chart to look at t
Immigrant advocate groups that tried to mobilize response including keeping tabs on movements by i. C. E. Agents, and so far they havent seen any activity. This sunday there wasnt much activity in the immigration congratulation and enforcement office. A spokesperson declined any comments on their operations which target people who have been ordered to be deported by a judge. Were monitoring them. Reporter Luis Angel Reyes zabala tells me i. C. E. Usually likes to operate in secret. Donald trump announcing sweeps probably didnt help much. I thought if theyre going the strike, theyre going to strike on a day not announced by the president. Reporter he says no one has called their Rapid Response hotlines reporting agents active in Northern California so far, was anxiety about these raids is palpable. The Mission District has been unusually quiet for a sunny sunday. St. John the Evangelist Episcopal Church is a designated safe haven for immigrants, but no immigrants showed up. Church goers
Me and that are me, of course, but it excludes a lot of people in his base as well. And i think that hes trying to divide so he can conquer, not unite so we can all conquer. Anything he can do that is not all Megan Rapinoe said early today starts right now good monday morning im phillip mena and im frances rivera. Great being back with you again. Its been a couple of weeks. Sure has. Everybody its hard to leave vacation, right . But when you love your job as much as i do, makes it a little bit better well, glad to have you back we begin with communities under water, coastal ones, as tropical depression barry churns over the south floods putting people in louisiana and six other states as barrnt battle wn the coast guard rescued 12 people left stranded in flooded homes. Kerry sanders is in louisiana with the latest. Reporter good morning, frances. The flood waters are lower than they were, but the troubles here in louisiana are far from over in louisiana, barry still making a mess omino
Abramowicz some Jonathan Ferro your equity market on the s p 500 slightly negative this morning fantastic lineup looking ahead retail sales just around the corner. Earnings from home depot dropping across the bloomberg tomorrow. Numbers from target results from walmart on thursday. But once again this morning, we have to begin in china. Rate cuts bramo and the data not great at all. The biggest rate cuts going back to 2020. The data coming weaker across the board. Whether it has to do with retail sales, whether it has to do with industrial production. They scrapped their youth unemployment metric, which is not exactly encouraging. And now the question is, are they preparing a big enough stimulus to really stave off weakness that is much deeper than people expected . This is the right signal. The big question, youve alluded to it, whats next . Heres the commentary this morning from standard chartered. The cut has been aggressive from sogdian. This is unlikely to be the last measure. So,