For the tech sector. Ai Chip Giant nvidia has been surging on reports that the us government is considering allowing it to export advanced semiconductors to Saudi Arabia itjumped some 8 in Wednesdays Session pulling up the rest of big tech. Melissa 0tto is from S P global visible alpha where she heads up their technology research team. Just had us Producer Price Index data a little hotter than expected. That coupled with a little hotter consumer Price Index data yesterday. Does it change anything for when the fed meets next week . Are markets too optimistic about the pace of further Rate Cuts . Thank you, great to connect with you today. 0verall, thank you, great to connect with you today. Overall, the economic data that we saw Yesterday And Today was broadly in line with expectations. Based on S And P intelligence submitted for the September Rate cut of 25 basiS Points, what we have been seeing and driving some of the volatility in the market is there was some rhetoric over the past f
I just want to make sure we can earn every vote possible. The president ial race enters its final week, just seven days to go. President trump and joe biden making a big push in battlegrounds that will determine the outcome. Well break down the very latest numbers from those key states. Breaking overnight, outrage. Violent protests erupt in philadelphia, after the deadly shooting of a knifewielding black man. At least 30 officers hurt, dozens of demonstrators taken into custody. Well have the latest in a live report. Alarming trend. No matter how you look at it, its not good news. The u. S. Now averaging more than 70,000 new coronavirus cases per day. Hospitalizations up 40 . And the Ripple Effect now being felt on wall street. Wild weather. New wildfires in california forcing tens of thousands to evacuate. An ice storm in the plains bringing widespread power outages, while hurricane watches are once again posting along the gulf coast as zeta targets the region. Al is covering it all.
The start of trading this morning after long Holiday Weekend, Dow Jones Industrial average better 500 points and s p 500 is also higher by 56 and nasdaq up 174. This after the dow, nasdaq and the s p 500 closed tout week of gains of better than 3 on the week as you see across the board. Another milestone today, the floor of the New York Stock Exchange will reopen but not quite business as usual. A look at the new restrictions coming up this morning. And turning to the 2020 race, former Vice President joe biden looks to take on President Trump on the economy, mornings with maria is live right now. Maria the easing of lockdowns and optimism of Vaccine Developments leads to gain this morning. Ftse 100 up 87, cac quarante in paris is up 63 and dax index in germany higher by 79. Spain announcing it is opening to foreign visitor this is july and germany ready to lift travel restrictions for other European Countries. In ash asia overnight markets looked like this. Planning another round of st
Equipment. The polarized parliament in spain plans for a 4th extension to the lockdown a big challenge. And more restrictions eased in south korea with no new local inspections for a 3rd straight day. How much now have all the sporting including. The german bund league ever sees the green light to resume later this month having been suspended since march. The u. S. Has taken and now this wife and child as tensions escalate over the coronavirus pandemic just the past hour u. S. Secretary of state mark pompei are blamed china for the deaths of hundreds of thousands of people around the world and he again accused beijing of covering up the outbreak of covert 19 and ing there was no true woodwind with the communist regime china saw then that it had an emerging Public Health crisis on its hands the new china could have prevented the deaths of hundreds of thousands of people worldwide china could have spread the world descent into Global Economic malaise their choice but instead. Instead chi
Stop it from spreading. A divided Spanish Parliament extends the virus state of emergency for a 4th time. The british Prime Minister gets a grilling from the new Opposition Leader as he defends his handling of the outbreak. Israel announces plans for thousands of illegal settlement homes a new yorker by west bank. And a top kashmiri rebel commander is killed by Indian Forces i think tensions at the border. Begin this evening with fresh accusations from venezuelas president over a plot by the u. S. To oust him thats what he says venezuelas state television has board calls videos of what it says a 2 american mercenaries and as well an authority say they captured the pair during a failed armed incursion on monday the us gov. And has denied involvement with the law has described the operation as a plot coordinated with washington to enter the country via the caribbean coast and remove him from office lets go straight now to todays of all who joins us live from it is this is obviously very