How apples shakeup is driving the blue chips plus the online surge, best buy notching is 242 gain in ecommerce sales in the Second Quarter but can it last . Trade optimism, u. S. And china officials reaffirming their phase one commitment, the s p is poised to add to its record run. Jim, i saw you last night mentioning those changes to the dow and your general point was dont be fooled in thinking there is as much money indexed to the dow as to the s p. We said that last night, its been the theme all morning and theres been no sellers. One of the reasons theres been no sellers are the people who are now trading stocks in early hours have tremendous conviction in the face of being wrong its rather incredible because the hubris of these people they must think dow jones has a lot of money to it and it has to come out of exxon and into salesforce david, you have been at the forefront of the network in explaining the nature of the dow and you see this, too. Arent you shocked that even after w
With the dividend although it will be far lower than last years. Hong kong media tycoon released on bail. His broken National Security laws beijing has branded him guilty. Breaking news out of south korea. We are getting Unemployment Rate numbers, and again, surprising to the upside. They fell to 4. 2 in the month of july, this after surprising to the upside the previous month, falling to 4. 3 in june. Of course, we have seen more job creation efforts. In fact, we just heard from south koreas Ruling Party Leader saying south korea will actively consider a fourth extra budget if needed. South korea has already pledged more than 225 billion in stimulus measures or roughly 14 of gdp to help put a floor on the jobs market, and right now, the july Unemployment Rate falling to 4. 2 . Lets turn to the markets and bring in Sophie Kamaruddin in hong kong. What are you watching . Korean alongside the jobless numbers, we are waiting on Australian Consumer confidence, due out later this morning, a
Lightning storms and nfl commissioner roger the same conditions were in place one week ago goodells uncomfortable thousands of lightning strikes conversation about Colin Kaepernick and heavy winds spread flames early today starts right now across the state they could cause havoc on this fire and fires throughout glad youre with us the region 50 miles away im Frances Rivera and im philip mena we begin with that breaking reporter another grim news another Police Involved shooting milestone, the fire totalling caught on camera 1. 1 million acres in size, a well show you some of it now with a warning that the video fire foot print visible from may be disturbing. Space. The president signing a Disaster Police were responding to a declaration, releasing federal domestic incident, and a man aid to help exhausted crews on identified by family members as the ground 29yearold jacob blake, opened the National Guard and military arriving in california to a car door and appears hes shot relieve the
Welcome to the San Francisco remote hearing for thursday, july 30, 2020. Ill enter into the record the mayor declared a local state of emergency related to covid19. Furthermore the mayor and governor have issued orders making it possible to hold hearings remotely. April 3, 2020 the Planning Commission received orders to rehold remote hearing. Im requesting everyones patience. The platform not perfect and at times fail. If you are not speaking, mute your microphone and turn off your video camera. Do not hit controls that may affect other participants. To enable participation sfgov. Tv is broadcasting and streaming live and will receive Public Comment by calling the tollfree number across the bottom. Opportunities to speak during the Public Comment period are available by calling 18882733658 access code 3107452 speaking pound and pound again. If you are connected and would like to speak or submit your comment hit 1 and then 0 and you will have three minutes and will hear a chime when you
Seasons bubble as the league finds success making the season happen and insider buying two names that have c suite executives going on buying sprees they have been on the money so far. This is Worldwide Exchange here on cnbc welcome. Good morning, good afternoon, good evening from wherever in the world you are watching to end your week on a friday morning. Now how the markets are setting up your day. Futures are well in the red. Down 192 points the dow did fall yesterday 80 points, the as well. That was after the record high earlier in the day if the s p 500 closes at a record, it would be the fastest recovery from a 30 drop in its history. We are not there yet but we are getting close. All three major indices are positive for the week at this point with the dow leading charge at 1. 5 futures are down but it could look like another positive week. The longest from back in 1992. There is a lot to get to today lets talk about global trade. Karen tso is in the london news room with more we