I see your commitment to justice and your voice and your work at this point is extremely important. We thank you for your leadership. We need to open the floor to any member who would like to say a few words, short comments, raise your hand, call on those members wishing to be recognized. Madam chair. Thank you for the recognition and happy belated birthday. If i could admit something to you i dont want to be here, this is the 20 fourth anniversary. If i cant be with her it is a privilege to spend a few. You know so moved. You and steve have been so kind as i engaged in a variety meaningful. Absolutely. Thank you for your leadership. I am deeply impressed by several of your qualities if i can put it that way, your graciousness, your 10 asset in pursuing what you believe and openness to dialogue on perspectives, youve been very generous to me, a highlight of which was the phone call i received from you the other day in which you talked about work on the middle east partnership for peace
An additional 30 billion to the economy plan. Last night and took it to the session into europe, it looks as though the Trump Administration is going to take a harder line when it comes to hong kong and we will return to that theme in around half an hour with more insight on what the British Government is trying to do to kickstart the u. K. Economy and we will be joined by steve barker, and that conversation is live at a time in london and 11 30 in new york. Had cash for clunkers in 2009 and i guess you guys have cash for food. Lets take a look at where we is ourting, scarlet fu senior markets editor. The s p is off of its highs, the nasdaq and the nasdaq 100 are at record highs, no surprise that you have the record highs in apple and amazon. What we have been seeing are the european stocks moving, with plenty of demand for safety with gold prices moving about 1800 an ounce. Speaking of, take a look at these names, they are all at record highs and the bigger getting bigger. They have d
Sarah . Yeah, shows the power of the fed there. When that headline hit, boom we have a great lineup coming your way Jeremy Siegel and rick reider join us. Plus, well speak with larry kudlow about the latest debate over the future of enhanced Unemployment Benefits and what happens when they run out . Well also take a closer look at one winner amid the volatility, the video game sector. Well speak with Strauss Zelnick. That stock has been an outperform they are year lets focus in on the big stories with one hour left of trading. Mike santoli tracking the action and phil lebeau and joining us to discuss the outlook for the banks is brian foran start us with the big come back that weve seen in the market this afternoon theyre saying buy the dips were in a dip buying environment. They proved it this morning. Take a look improvement. We got that one weeks time. Things are looking stretched at the highs. One week ago today 3232 was the closing level then we got that shakeout. Thursday most pr
Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. The markets are really focused today in the u. S. , that second wave, we were debating on whether we could call it a second wave. Big resurgence of cases. Alsos are down, futures down. Rates, but also because jay powell talking about the economic a coverage. Rebounding from the losses we saw yesterday. Gold actually holding after most of yesterdays gains. Now lets get to the bloomberg first word news in london with dani burger. Hi, dani. Ani hi francine. ,californias hospitalizations are the highest in nearly a month. According to Johns Hopkins university, the number of confirmed cases have top 2 million. The government made a string of failures and is handling of the coronavirus crisis. Executivemedical spoke about the decisions at the coronavirus briefing. It put Boris Johnson standing next to him on the defensive. Johnsons that is still too early to judge the nations response. Just eat take
Corporate taxes will rise in the united states. That is the possibility, they will not rise as profoundly as they drop. I think it is not clear whether we can make that case or not at this point. Romaine we are speaking with stephen whiting. Here is where we close on the day. Pretty much a risk on day with all of the major indices, including the russell, getting in on the action. Caroline nasdaq up 2. 2 . You really can see where the commitment is within the sector. Volumes were lower. Just coming off the back of fourth of july. Indeed, about 10 for the dow jones in terms of trading. It is notable that we are seeing such outperformance from the nasdaq come up 16 year to date. Romaine we crossed back above some key technical levels. The 50 day moving average, it had actually been declining toward the middle of the end of last month. The s p 500tocks in that at one point today traded at or above the 52week highs. Most of those are actually record highs. You definitely have some enthusias