Ladies and gentlemen, the president of the United States. [applause] pres. Trump thank you very much, everybody. What a nice crowd. It is beautiful. It might be hot, but it is beautiful. We are here today to celebrate and expand our Historic Campaign to rescue American Workers from job killing regulations. Before i came into office, American Workers were smothered ladies and gentlemen, the president of the United States. [applause] pres. Trump thank you very much, everybody. What a nice crowd. Its beautiful. It might be hot, but its beautiful. People were a tax our slashing takehome pay, suppressing innovation, and shipping millions of american jobs overseas. Millions and millions and millions. It never ended. Four years ago, we ended this regulatory assault on the American Worker, and we launched the most dramatic regulatory Relief Campaign in American History by far. No other administration has done anywhere near. [applause] thank you. At the heart of this effort was a revolutionary
The ecb today likely in some time,ust merely to mark there may be some tweaks in terms of determining will it have an impact, but it will not be major. The ecb is waiting for more data. The ecb is also waiting for meetingnd the council which will determine this rescue plan, 750 billion euro rescue plan, and everybody is waiting to see what happens there. Yousef a medical meeting today tom medical meeting today, first do no harm. Right now with first word news in new york city come here is ritika gupta. Ritika President Trump is shaking up his struggling reelection campaign, replacing manager brad pascal. Pascal has been under fire for some time, coming less than a month after the residents sparsely attended rally in tulsa. The twitter accounts of some of the most prominent american political and Business Leaders have been hacked, amongst them, barack obama, joe biden, elon musk, jeff bezos, and warren buffett, an apparent attempts to promote a bitcoin scam, sending out tweets promising
One interesting thing is we finally have a little bit of strength for the dollar after the fed yesterday in a while range, now slightly higher. This is tampering gold. A gold rally is on pause. Not a strong Risk Appetite on the day to say the least. David at the same time, we had the big tech hearings with the four ceos getting beaten up. We had some big earnings today. Does it look like tech might be holding up a bit better . That tech hearing yesterday, they lucked out, or investors lucked out to some degree on the fact the fed was also happening that day. That was probably more of a psychological overhang. The bigger news is earnings after the bell today for apple, amazon, facebook, and alphabet. 100,is 40 of the nasdaq about 16 of the s p 500, and a big question here is whether or not these stocks have run too far, too fast, not just off the march lows but the last earnings season. Amazon up 40 out of the last earnings season, but what makes it so interesting is earnings for the ju
Translator it was not easy that we needed so many different days shows we came from all Different Directions we are all convinced we can make something out of what we decided. Ubs shares right. Ceo sergio tells cnbc credit losses weighed in the Second Quarter. The possible outcomes are difficult to predict having said that, for the second half of the year, we are modelling recessions everybody is waiting novartis earnings suffer as hospitals front load stocks and lockdowns keep patients away from gps they are optimistic despite the outlook cut. In the force of the pandemic, 19 Income Growth in the first half is very Strong Performance showing the resiliency of the company. Big tech bounces back atting 290 billion in market value as amazon has its best day since 2018 helping the nasdaq outperform their averages once again. A very warm welcome. If you went to bed early last night, youve woken up to the news the eu have come to a deal. Weve got green across the board. The stoxx 600 tradin
Responsibly. Welcome to surveillance. I am may originated in london. Betterthanexpected jobs data. We have u. S. Stock and bond cash market closed today for labor day. If you are watching in the u. S. , happy labor day. The nasdaq at a record against the s p 500, of course, as well as a record, what blistering momentum we have seen so far this year. It is sustainable is it sustainable . We will discuss that with our guest this hour. In terms of the bloomberg dollar index, a weekly drop in a month. You see a little bit of weakness in oil, but it is heading for a weaker gain. Toois edging higher, not much momentum on this friday, but Global Equities poised to cap their best week in a month at the end of this week. The first wordo news, we have got breaking news, euro area june services pmi coming at 48. 3, so we did get the german pmi coming in better than expected. It is contractionary territory. Europe, betterthanexpected, but still in retraction mary territory. We have also learned th