Moves its way to the northeast, live to the gulf this morning. Markets this morning trading up, take a look at futures, wild week with triple digit gains for the dow industrials in record territory. Nasdaq up right now is lower but the s p 500 scored a fifth Straight Record high close yesterday and continues higher this morning up another 11 points. Airlines getting turbulence, United Airlines warning 3,000 pilots could be grounded by october. Mornings with maria live right now. Global markets are mixed, take a look at european indices. The cac quarante is up 3 points but the dax index in germany is lower by 17, in asian markets big news, japanese Prime Minister shinzo abe announcing hes resigning. He announced resignation overnight and the news weighing on japans stock. The nikkei average down 1 and a half percent over night. Some of the top stories that we are watching this morning. President trump wrapping up the rnc last night officially accepting the gop nomination for president m
Fallout falling far beyond the economy. Is too early to get bullish on energy prices. Lets take a look at how markets are shaping up this tuesday. Take a look at asian stock futures. The japanese gdp is expect it to be revised of the second quarter. Futures moving higher. Chinese bought a water maker starts trading, kicking off another wave of ipos in. Sydney, as we go to overweight by j. P. Morgan. On u. S. Futures this morning, Goldman Peter oppenheimer betting that tech will continue to drive returns in the bull market. Jp morgan saying overweight tech and pharma. Nasdaq futures are under pressure. Check out wti. As the demandrrel recovery is coming and flatter than expected. Suggesting ongoing concerns when it comes to the supply and demand dynamic. Lets check in on the offshore yuan. Nomura cautions against chasing further gains as the appreciation has been driven by dollar weakness. The u. S. Could slow export growth and stimulate imports, which may be against the goal of becomin
Ahead of remarks from fed chair jay powell on thursday. Investors are interested in the path forward. It is day two of the public and national convention. And mike pompeo on the list to speak tonight. Abigail doolittle has been watching the back and forth. Lots of earnings after the bell, new record highs. What are you drinking . You tracking. Abigail those earnings, right in the hub of technology. Hewlettpackard up 6 . Seeceo is saying that they robust demand driven by big data. Down 2. 8 . E company this may have something to do with the subscription model. We will have to look at that as more information comes out. Right now, a little bit of a decline in after hours. T also up sharply, up five point 6 . They beat the earnings estimate and revenue nearly doubled yearoveryear. Some of these tech companies, the stories of the haves and havenots. You were mentioning record highs during the day. That was the case. It was a mixed close even with those record highs. Index of the Mega Cap C
A substantial fall in secondquarter gdp. Raise to succeed shinzo abe heats up with a long time i lay set to announce his plans. Allys the a longtime set to announce his plans. Taking on the set up from markets this wednesday morning. We are seeing muted price action so far with futures edging higher. The nzx 50 adding 4 10 of a percent. This after the tech that the tech lead rally that saw the nasdaq pushed closer to 12,000. In australia, stocks may edge higher after the worst job worse drop in month. A decline was on positive building data. Checking in on the aussie dollar ahead of the Second Quarter gdp reports. Holding below 74 but still near a two your high. Offshore yuan holding a three year again. The value may test the pbocs tolerance. Check out the euro back below 120 after reaching that level for the first time in two years after the ecb member philip blaines remarks the level does matter from i terry policy. The dollar rebounded from a two year low. As u. S. Markets and tech
The company is hoping this will spark more adoption, but it will only work if Health Officials offer an app to utilize the technology. Covid cases are dropping in many states but rising in the midwest. The u. S. Grappling with how and when to reopen safely. New York Public Schools just postponed in person return for three more weeks. Lets get back to the markets with Abigail Doolittle in new york. Generally another up day driven by apple. Abigail that summarizes it. It feels as though that is every day. Apple, a big driver for sure. In charge of the fed liquidity, driven rally continuing into september. We now have five up months in around and september starting up with more record highs. 75 , the0 gaining by nasdaq 100 up 1. 5 . Apple really helping out the chip space as well because there is indications they could have a strong season relative to selling iphones. You see the stock is up 2 . And ais one tell possibility investors are cautious. We are seeing a rally for haven bonds, th