U. S. Markets, all three major market gages rising more than 7 . The dow with best august since 1984. Shares of zoom soaring premarket, ceo 4 billion richer in just a few hours after a huge jump in revenue for the company. An Appeals Court delivering setback to Michael Flynn rejecting bid to toss out charges against him. Amazon taking to the skies, drone delivery coming one step closer to reality thanks to the federal Aviation Administration. Mornings with maria live right now. Dagen checking global action, france factory activity slipping back into contraction, the purchase Managers Index below 50. Better use out of uk, rising above 55 showing growth. In asia overnight, markets fairly flat, south korea kospi big winner. President trump heading to kenosha, wisconsin to deliver law and order message. Cheryl casone with the headlines, hey, cheryl. Cheryl the former Vice President blaming President Trump for the uptick in violence in cities across the nation. He doesnt want to shed light,
Notches a record close. We are up 162 points, much more than we needed. The s p up 15 points. The nasdaq up by 41. We are looking good right now. We will take all of this up with our floor show guys. Also coming up in just a few moments, weve got Philadelphia Fed president and ceo Patrick Parker who will sit down with Edward Lawrence to discuss his historic vote to change the feds inflation policies. The cleanup from hurricane laura in full force across the gulf coast as Power Companies work to turn the juice back on for folks down there. We are going to go live to lake charles, louisiana to get an update. And the one company is helping some of the biggest corporations in the nation return to work from the coronavirus pandemic in a safe and touchless manner. We will introduce you to the ceo of envoy. This is a fox business exclusive. Coming up, less than an hour to the closing bell and im Cheryl Casone in for liz claman. Lets start the claman countdown. Cheryl well, forget apple. Forge
There. Big stocks in apple and tesla giving back gains. Ibm gained more than 3 yesterday. Also cocacola up more than 4 being looing at u. S. Equity few you are its. Something to Pay Attention to. Dow futures down around 40 points looking at first of september, and all of july and august with spectacular gains. Looking at the treasury yields looks like right now 0. 654 . Those movements with he saw yesterday were interesting in terms of the rotation. As a general matter, those had to pull back they will have to have these pull backs the fact that the market can do okay on a given day is a positive doesnt change the fact that weve traveled at a steep angel here there is a jumpiness a late summer week heavy volumes. You are seeing all sorts crop up there is a Different Energy to the market 20 what has passed in 2017, 2013 not sure the implications but there is Something Different it is 6 01 in the morning here yesterday was called a gama squeeze. We dont want to get too mechanical in the
Tiktok bid jim, we will start with the retail numbers lowes is a good one to start with, its been called depots quarter on steroids today. Look, i think that Martin Ellison has taken a Company Making it anything but an also ran. 35 camp is terrific hes really got finally hes got the e com down Marvin Ellison is a turn around man par excellence and this is an amazing quarter we dont want target to overshadow it too much because i like the stock and i love the fact it wasnt up big early on its a buy yeah. In store traffic or in store comps, jim, up 11, which is different than what we saw out of others. I mean, i guess when you dont have as fierce a web challenge in Home Improvement and you have the stay at Home Rebuilding boom, thats going to add to a couple huge dynamics. Yes, it will. Remember, there was a period where lowes was not digitized enough also didnt really have very Strong Customer service. All of thats changed under marvin he is the last person to ever want to champion hims
Funds for the military budget and raising taxes to awe bollish private abolish private health insurance. The Trump Campaign responding just moments ago to bidens choice writing in a statement that not long ago Kamala Harris called joe biden a racist and is asked for an apology she never received. Clearly, phony kamala will abandon her own morals as well as try to bury her record as a prosecutor in order to appease the antipolice extremists controlling the democrat party. In her failed attempt at running for president , Kamala Harris gleefully embraced the lefts radical manifesto calling for trillions of dollars in new taxes and backing Bernie Sanders government takeover of health care. She is proof that joe biden is an empty shell being filled with the extreme agenda of the radicals on the left. President trump is scheduled to hold a News Conference later this hour where we expect he will be asked about todays announcement. And turning to the days developments, over the past couple of