From Home Software stocks. And tech continues to lead, apple, netflix up 4 it is walmart the top performer in the s p 500 were going to dig into that one. Record close watch 59 minutes left to trade. That meat and potato and delicious gravy joke from tyler. A bit of an inside conversation between the two of us today. Of so apologies for that lets have a look at what is coming up along with the meat, potatoes and gravy the ceo of labcorp joins us. Florida is severing ties with quest diagnosics and walmart upping the stakes with amazon announcing the launch of the prime competitor well discuss with the former head of walmart u. S. And a food giant bets into the biotech game well speak with the ceo of nest nestle bet with a peanut allergy treatment. Mike santoli is tracking the action on this first day of september. Josh lipton is focusing in on apple and what could be the next catalyst for that stock. And phil lebeau has details on teslas Share Offering we have another tack on rally. A l
Kong and shanghai. 5t includes valuation of 22 billion, more than aramcos record sale. And polenta here is also going public. There were none the most valuable private companies. It could be silicon valleys biggest listing since uber. Shery we are seeing u. S. Futures coming online much flat after we had major u. S. Benchmarks ending the new york session mix. Investors are and waiting for fed chair powells speech thursday about the longawaited framework review. Dow was pressured down. 2 , declining for the first time in four days. Gains andung between losses but managed to reach an alltime high for the third consecutive session. Six sectors were higher, five lower. Energy was actually a drag on the s p 500. Take a look at what oil is doing. Pretty much flat right now. This of course after surging to the highest level since march. Not to mention gasoline futures were also at the highest level in five months. We have hurricane lower rattling towards the u. S. Gulf coast. More than 80 of
Market. The german tenyear is now at 60. We wait to see what the ecb does. Brent crude continuing to drop in a bear market, today falling by another free. 4 . Another 3. 4 . Vonnie we are getting a surgeon bonds. We are joined by Cumberland Advisors chairman and cio. What you make of the last 24 hours in the bond market . Guest it is extraordinary. We have a three front war. Trade front protectionism, weve been doing that for a year. We now have a declared currency war. We are seeing it in the currency markets. What that means is we are having capital flows change. All three. That is a perfect storm for trouble. You see the markets adjusting to the trouble. We havent had a trifecta of risk like this in a long time. Vonnie if you take a look at my terminal, all it is is a one month 10 year yield chart. The last three days, we are down 2 to belowrom above 1. 60 . David it is extraordinary. When it is like this, risk is rising. Risk premia rising. When you have it in a global setting, you
He was attending this large event. Guad, thank you very much. Its good to see you. That wraps up the hour for me. Im jose diazbalart. You can reach me on social media. You can watch clips from our show. Thank you for the privilege of your time. Andrea mitchell picks up with more news right now. Right now on Andrea Mitchell reports, President Biden welcoming the president of kenya for a state visit. Elevating kenya to the status of a major nonnato ally. Thats important. Its a big move. The two leaders are scheduled to hold a joint News Conference this hour after meeting in the oval office. I will speak to a top biden advisor, former chair of the Senate Foreign relations subcommittee on african affairs. Nikki haley throwing her support behind former President Trump after previously calling him unstable and unhinged. Calling intensify for Supreme Court Justice Samuel alito to recuse himself from all 2020 election cases before the high court, after pictures of yet another flag used by janu
Little warmer for me. I opened up that door. I was like, oh, its a nice cool temperature. It feels nice. Yes it does. So weve have, you know, a little bit of a sea breeze, a little bit of cloud cover. But by the afternoon our temperatures are just pleasant, at least across most of the bay area. A little cool along the Coast Outside our doors at this hour. Waking up very similar to yesterday. We have the clouds out there this morning. A live look at sfo. The sun will rise just before a 6 a. M. This morning. So a couple hours to go. Getting into the afternoon were going to break away from the clouds, the patchy drizzle that were seeing out there this morning. And temperatures are expected to be slightly warmer. Ill have a better look at the Current Conditions. The afternoon highs and what we can expect for the rest of the week. Coming up in just a bit. 401 lets see how the highways are doing this morning with sal. Good morning. Good morning to you, rosemary. You know right now we have a