Highs. Coming up a busy news day, and a series of big interviews as well. The ceo of gap, jonah snngal, her first interview since taking the job in march talking about the post covid lavin escape and the partnership with kanye west. Plus we have patrick frisk with his partnership with steph curry. We will discuss the fierce competent anything footwear. And salesforces deal to buy slack is expected to be announced today after the bell we should get those details. And sales details also out after the close. Looking forward to that. Slack up a little bit today. Lets get to the Market Action mike santoli is tracking it. As stocks moving higher but off the highs of the session. For three weeks they have been mostly sideways around the recent highs right now we are a little less than 1 above the intraday high from november 9th. Est that was the day the election was called. Then you had the vaccine from pfizer that was right in here intraday high. At a record. 67 above the march 23rd low righ
Data in the u. S. Is bouncing back. Factory orders coming through stronger than anticipated and we are up 6. 4 versus 6. 2 last time. And it is actually a little bit softer than last time. 11. 4, that isat stronger than anticipated. And transportation is a stronger than last time. Orders,tal goods nondefense, 1. 9, bang in line with expectations. Ookare going to get the b a little bit later on. That will give us a good idea about what is happening for the back into july into august backend of july into august. We will carry on the conversation about what is happening in the markets. We have great guests coming up. This hour, we will speak to the ceo of lands end. They have a big digital presence. Have. Ffect they will we will talk with Jerome Griffith about that. And for more on what is markets we have Brian Weinstein from morgan stanley. This talk about what is happening broadly right now. Youre in fixed income guide, you are watching what is happening broadly in these markets, what d
The debate on a new deal divorce. Surged ning well discuss the outlook. Lets get started with a check of the markets close. U. S. Stocks finished near session highs. The s p 500 was up 7 10 of 1 . Every sector on the s p was in the green except for utilities. We have Energy Shares leading the gains. Stocky they u. S. Crude declined more than expected. The caveat volumes were low about 15 lower than average. The dollar at the moment Holding Steady after Steven Mnuchin said the u. S. Has no intention to intervene in the markets at the moment. Downfutures under pressure 2 10 of 1 . Lets see how we are setting up in asia. As you can see on the board, asia looks for a mixed open. Things are more muted than previous days. It looks like some gains may be reversing as it is open down. Markets are still waiting for the latest on the trade headlines and the unpredictable twists and turns. It looks that they are waiting for the september 1 deadline for the first round of staggered tariffs. To loo
My name is melissa can, thanks for joining us. Senior leaders from japan, china, and south korea, met and sold for a rare trilateral. The last time a similar meeting took place was before the pandemic in 2000 and 19th. The south 3. 00 and 4. 00 and minister park gin took the opportunity to say that peace and stability in northeast asia is critical. Given that the 3 countries collectively account for 20 percent of the worlds population and 25 percent of global g d p. Park expressed hope in a follow up trilateral soon. At the highest level, i asked the some leaders here to work closely together to make some, if possible we didnt dc or as i hope to, some leaders will do their very best to make this happen. Joining us in the studio is dw asia analyst Clifford Kuhn and clifford. There was another big trilateral last month involving south korea and japan. But the americans were hosting at camp david. So now theres this a tell us how do we interpret what were seeing this week . Well, i think
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