Chris fawkes. Lovely weather, not sure about your tie we will be talking about all the different types of means you may have been looking at yesterday. As well as that, we have some heavy rainfor well as that, we have some heavy rain for new zealand. We will look at what is going on down under as well. Thanks, chris. Also coming up. Next stop norway the duke and duchess of cambridge continue their tour scandinavia and get a right royal welcome at the airport. Hello, everyone. This is afternoon live im simon mccoy. Were enjoing a golden era in the relationship between britain and china thats the confident message from the Prime Minister after meeting the chinese president xijinping in beijing. Its the second day of her trip to try to boost trade between the two countries. With the sniping over brexit continuing back home, the International Trade secretary has urged theresa mays critics to focus on the big picture. Liam fox suggested that britain needed to get over its obsession with eur
We are going to close at records because stocks have then losing a little ground as we head into the last couple of hours of trading. The s p 500 trading at a record intraday, but we will see if a regularp there on basis. The street going back until july 11. We have not set a record every day but it has been steadily upward in a very tight trading range. I keep repeating this stat the 22nd straight session the movement in the s p has been less than 1 . Where we haveys set new highs, volume has been below average. Bloombergk at the here here is the volume on the s p 500 highlighted in blue. These are the days when the s p set new records on a closing basis. This is the one year average of volume. So volume overall has in below the one year average going back to the beginning of july. Even on these record days, it did not get to that one year average. It did not get to that even when it exceeded. Sometimes, traders want to see confirmation of records even though the index has continued t
Us down. Everything is cyclically oriented so it is a risk off tenor to the markets. It is there where amazon lives and not in information technology. The best and worst performers today in terms of index point contributions to the s p 500, we have amazon, on the upside of 9 after recording Record Net Income and part of the because of the strength of its web services division. Gileads hepatitis c drugs came in lower. Some of the best performers related to earnings, monster beverage being because of its relationship with cocacola. Resources raising its output forecast for the year. Downside. Seagate coming in with results below estimates and sky works as well suffering from waiting apple demand. It is one of the apple suppliers that has been hit as people have been buying fewer iphones. A lot of Energy Companies going into earnings season. That sector was supposed to be a big drag. Is beating estimates because this is how it works. Butyone beats estimates that is it. Here are the exampl
Thats right, 50 lanes merge into just 20 lanes. We thought we had it bad here but check this out. This was hours with these people at a stand still. We show you this to make you feel better about things about yourself today. Some people abandoned their cars. That used to happen years ago in china. Maybe five or six years ago and then suddenly people would just walk away from their cars and into the villages. But wow. This makes me feel better about my commute today. You dont live in l. A. That doesnt look a lot different from the 405. My first thought was china and Second Thought was l. A. But what is the widest highway . How many lanes . Not 50. But wide. Like 5. Like 5. And across on both sides but yeah, 50. So lets get to the u. S. Stock market. Were looking at what is potentially setting up for the best week since february for the dow and since december for the s p 500. This morning things were flat but we did see gain across the board yesterday. Well continue to watch this. A coup
1619, the First Official group of enslaved africans reached at jamestown, virginia. 1865, the legal abolishment of chattel slavery. Shortly thereafter, an estimated 500 freedom schools, to show the premium that stolen africans placed on education. 1870, the Preparatory High School for colored youth, now called Dunbar High School, was formed. 1890, the first mohawk conference on the negro question. How to educate these now free stolen africans. That is quoted by rutherford b. Hayes. Having deprived them of their labor, liberty, we have no excuse for neglecting them. I highlight the premium stolen africans placed on education before enslavement and afterwards, as well as the struggles we faced to get quality education in the face of insurmountable odds. To ensure highquality education that reflected us, in the book you will read the names of great race men and women of their time. As well as other prominent figures of stolen african history to come to the halls of Dunbar High School. Wri