A half percent. Another thing i am watching as the rnc tax policy. Toer this hour, we are going look at taxes and how they play into wealth inequality. We are going to do that with Dorothy Brown november university. First, economic data. Confidence, 84. 8, the market was looking for 93. Ist is a week number that a weak number. This tell us something about the stimulus debate, the employment market in terms of the present situation. That has weakened significantly from the 94. 2. The expectation number has weakened as well from 91. 5. We have an 85. 2 this time around. Newhome sales continuing to drive onward. The Housing Market showing no respite. Look at the lumber prices. Sales, 901,000. That is a 13. 9 permit very strong number. Consumer may be starting to show signs of weakness and concern. Lets talk about the market today. We have already indicated what we are seeing is stocks, global stocks continuing to push on very strongly. What is the excuse . U. S. Chinese officials holding
There we have a lot in store for you on todays program so lets take a quick look at whats lined up today. In senegal we visit some students who are thinking with the new solar car. In germany we hear about a push to make textiles on look we source room. And can you know we learn once again how crucial it is to protect our Water Resources. First we had to the south of the continent south africas energy comes almost exclusively from coal fired power plants which is a major factor behind rising air pollution in an atheist the government has announced plans to significantly increase the use of renewable sources within 10 yes being solar wind or hydropower they mischas of is being spearheaded by green cape a Nonprofit Organization that provides assistance to innovative young green startups. One to go the protests Heights Academy school and camp town went solo without paying for the installation the system was financed by code funding platform their idea small investors buy ponies and on an
Ecommerce the big baba breakout. We start off with the end of an era. Exxonmobil getting booted from the dow after nearly 100 years in the index exxons tenure as the longest serving dow component comes to an end on monday when salesforce takes its place. Exxons removal from the dow is nothing less than a remarkable sign of the times. Just seven yearsago it was the largest publicly traded company in the United States since then, shares have been on a steady decline exxon is down more than 40 in 2020, on pace for its worst year ever so is exxons removal from the dow a sign that big oil is dead money . Guy adami . I think so. Its something weve been saying for a while. I think they finally came to the realization that the worlds changed. Energy is not nearly as on the to the u. S. Economy as it was a decade or so ago i guess we have to make a choice between chevron and exxon. For whatever reason, im sure they obviously have their reasons, they picked exxon to remove i think exxons been in
Always a micro present a new to a 100 new how are you today i dont know their son jack i am just fine thank you very much and i want all come to you odd to have us out there we have a lot in store for you on todays program so lets take a quick look at whats lined up today. In senegal we visit some students who are thinking with the new solar car. In germany we hear about of push to make textiles some locally sourced room. And can you know we learn once again how crucial it is to protect our Water Resources. First we had to the south of the continent south africas energy comes almost exclusively from coal fired power plants which is a major factor behind rising up pollution in an atheist the government has announced plans to significantly increase the use of renewable sources within 10 yes being solar wind or hydropower they mischa to his being spearheaded by green cape a Nonprofit Organization that provides assistance to innovative young green startups. One iago to protest Heights Acad
Hong kong Police Arrest a media tycoon and prominent activist jimmy lai after the u. S. Penalizes the citys chief executive carrie lam. 15 ,s in next digital get dip 50 only to reverse losses. The inflation debate. Investors look ahead to u. S. Ppi and cpi as global debt with subzero yields top 16 trillion. A ton of negative that out there. Bob prince tells bloomberg a pickup in inflation would be mind blowing. Frome under an hour away the start of cash equity trading in europe. Lets take a look at futures this morning. Looking at gains across European Equity indexes,. 8 of the gains you seen on the widely traded euro stoxx 50 futures, also on ftse futures. In london. Dax in frankfurt. Looking at games on the u. S. Futures picture. Tradings p minis stronger than nasdaq futures, but you still see green arrows, so it could be a risk on monday to kickoff the week. Lets get the first word news with laura wright in london. Gates billionaire bill says it is mind blowing the u. S. Has not imp