Stole the show. I say a star was born as he and Melania Trump talked about justice for allamericans. Speaking of rnc, it seems to have a positive effect on President Trumps poll numbers. The swing state trump bump closing the gap with joe biden. All that and more on making money. Charles folks, records all over the place as wall street keeps going. The bull market picking up speed this as new data on the economy continues to defy the experts. Durable goods orders for july climbed 11. 2 , significantly beating consensus estimate of up 4. 3 . Transportation was higher. Electronic equipment was higher. Computers were higher. Business investment came in better than expected this is more evidence that the consumer isnt dead. Which brings me to my stock of the day, dicks sporting goods. Reported record revenues and earnings for the quarter. I think another great example of omni channel success. Here to talk about all of this, kaltbaum Capital Management president , fox business contributor g
Mayor breed and the governor looked at the restrictions and the meet is held the conference and televised by sfgov. Tv. For those watching the live stream be aware theres a brief time lag between the live meeting and what is being viewed on sfgtv. Id like to extend thanks to the staff and i. T. Staff for their assistance during the meeting. Id also like to note on the published agenda there was an incorrect dialin number for this meet. The correct dial in number is scrolling on the live feed. If you wish to make Public Comment on an item call the number. Before you have the minutes of july 28. Are there corrections or additions to these minutes. Seeing none id like to open it up to moller caen are there corrections or are there comments. Please press pound, pound to speak. Are there any callers. Theres one caller with their hand raised. Ill unmute them now. Speaker you have two minutes. Clerk this is regarding the minutes. Mr. Moderator are you still there . Speaker, if you can hear us
We have a quorum. Very good. Secretary can you please make the announcement. Mayor breed and the governor looked at the restrictions and the meet is held the conference and televised by sfgov. Tv. For those watching the live stream be aware theres a brief time lag between the live meeting and what is being viewed on sfgtv. Id like to extend thanks to the staff and i. T. Staff for their assistance during the meeting. Id also like to note on the published agenda there was an incorrect dialin number for this meet. The correct dial in number is scrolling on the live feed. If you wish to make Public Comment on an item call the number. Before you have the minutes of july 28. Are there corrections or additions to these minutes. Seeing none id like to open it up to moller caen are there corrections or are there comments. Please press pound, pound to speak. Are there any callers. Theres one caller with their hand raised. Ill unmute them now. Speaker you have two minutes. Clerk this is regarding
Biggest spike in cases in nearly four months. Good morning and welcome to bloomberg surveillance. I am Francine Lacqua in london. This is what the markets are doing , european stocks moving to the downside gorsuch any trading sideways, despite record highs on wall street. This is what we are also looking at when it comes to gold, always look at gold because it gives you a good sense of where there is appetite, slipping back below 2000 on ounce. We saw declines in utilities outweighing gains in travel shares, of the stoxx 600 actually gained. Up, the chief executive of the Hong Kong Exchanges and clearing joins us for an interview after the Company Posted a record firsthalf profit. That is in a couple. Of minutes lets get straight to the bloomberg first word news. We start with joe biden, it is official. He has become the democraticc nominee for president. The second night saw a slate of speakers, from former president bill clinton to representative alexandria ocasio cortez. Biden himse
3386 is the number to watch for that s p 500 record close. 59 minutes until the close we have a big show coming up to day the s p 500 makes yet another run at that record close bob doll will tell us why he is expecting the economic recovery to be more choppy. And why hes cautious in the short term plus, gaming the impact of the dnc. Well speak with a policy expert who says this weeks Democratic National convention could be a negative for the market even though its happening virtually. Right now, were going to focus in on the big stories were watching to day. Bob pisani is tracking to days action we have the latest on growing tensions with china. And joining us with his outlook for stocks is tony dwyer bob, start us off with the Broader Market whats going on behind the scenes and whether you think we could see that record s p 500 close today. When you get this close within less than 1 he , you usuy can get over it. Were still not there. 3386 as you heard before is the old closing high t