National security and tiktok says it is pure politics. And the official nomination of President Trump at the republican convention. He says his opponents want to steal the election. Haidi we have again u. S. ,arkets with fresh record highs a little relief given expectations of the fasttrack process when it comes to vaccines and therapeutics as well. The s p 500 notching another alltime high, there is optimism the virus will not hamper growth. We are seeing a muted session on it comes to the futures sessions, flat at the moment. Little negative when it comes to the start of trading in asia. The nikkei to do five trading in chicago seeing downside about 1 10 of 1 . Dollaryen holding. The biggest declines in the g10 space was the kiwi and looney. We are also watching the price of crude as we have twin storms approaching. 80 of refinery output in the gulf of mexico has been halted, potentially seeing some impact when it comes to crude prices, which did rise, gasoline hitting the five month
With you. Really . The judge how are you . Are you said what have you got . Do you have like chambers there or like, what are you equipped to do if push comes to shove today. You have what do you have at home what have you got. And report on what we report on. Am i the only one. I filled in i filled in recently for a full week and they didnt play the theme music a single time. Hopefully they can make up for it today we didnt hear about it we started having fun. We nip that in the bud pretty quickly. Oh, this is you. Im sorry this is you. So you got that going. Im glad i got up this morning. Lets take a look at equity futures. We try to get a new record on the s p 500. Well see what we can get over the top there. Treasury yields on the rise as of late. 25 last week alone. Theres the ten year not doing too much not all that long ago. We have seen rates starting there and stocks have been on the move well see that new record on the s p this morning. The amount of money were sprinting, i d
It was the big gainer. It closed at an alltime high. Tech has been leading the way. Sales force, facebook, taketwo and qualcomm at record highs you have to watch one stock in particular apple. After more than 10 gain on friday and thursday night, it closed up 2. 5 to an alltime high percentages away from hitting the 2 trillion market cap that 4 to 1 stock split is hit that price has to sit 477 not far off. Weve been talking about the pressure that has been put on yields in the treasury market. Right now, the 10year note at 0. 45 . Scott . Becky, im listening to you talk about tech and these companies. We have to get ready to talk nasdaq 11,000. As crazy as that would sound, we are on the doorstep. In spitting distance, basically. Unbelievable. Largy carri largely carried by these big five apple, amazon, facebook and alpha bes alphabet and microsoft looking back in march, would you have thought we would be talking nasdaq 11,000 by summer . No way. There is reason for it if you look at s
And black lives matter have plunged portland into chaos. The leftist acts attacking citizens activists attacking citizens and destroying property, and the mayor just grins at it all. Ing Law Enforcement under constant attack. And today the police had to step in to clear two downtown parks of demonstrators trying to create their the own autonomous zone. Businesses have lost millions of dollars because of the rioting and the looting, and federal buildings including the courthouse have been fire bombed and vandalized. Acting dhs secretary chad wolf today said, quote a federal courthouse is a symbol of justice. To attack it is to attack america. End quote. I would add, to attack a city is to attack america. Federal dhs and doj officers and agents have been deployed to protect the courthouse and other federal buildings and to keep the mobs in check. The radical dems arent happy about that. They dont want the federal agents in portland for obvious reasons, because the feds, of course, will p
And black lives matter have plunged portland into chaos. The leftist acts attacking citizens activists attacking citizens and destroying property, and the mayor just grins at it all. Ing Law Enforcement under constant attack. And today the police had to step in to clear two downtown parks of demonstrators trying to create their the own autonomous zone. Businesses have lost millions of dollars because of the rioting and the looting, and federal buildings including the courthouse have been fire bombed and vandalized. Acting dhs secretary chad wolf today said, quote a federal courthouse is a symbol of justice. To attack it is to attack america. End quote. I would add, to attack a city is to attack america. Federal dhs and doj officers and agents have been deployed to protect the courthouse and other federal buildings and to keep the mobs in check. The radical dems arent happy about that. They dont want the federal agents in portland for obvious reasons, because the feds, of course, will p