Be risk on. The cash trade, less than an hour away. Here are your headlines. Big attack its even bigger. Alphabetacebook, and tune to techsumers to solve the problems of a global lockdown. The French Economy shrinks 13. 8 or after an increase in jobless claims shows the recovery is in shaky ground. Ibar, bnp arab are par beats all but one of the big wall street banks. Just an hour from cash trading. Lets look at futures. Futures futures, u. K. Are down but only slight moves. Nothing material. Nothing to show us what kind of direction we can expect. Futures right ww, if you take a look at the eif screen, also slightly mixed this morning. Of working slew earnings news. I will kick it off right now with natwest. Impairment charge of 3. 54. 5 billion pounds. Expecting less than one billion. In the Second Quarter, more than doubled the impairment charge for the full year. The company expecting at least possibly up to 4. 5 billion. The operating lost was 770 million pounds. Have iag asyou we
It was one way now hes taking aim at to talk john all trump threatens to pound the chinese video in the u. S. Again hes high security concerns but wheel of those alleged rants and how far will trump go in his business war against china this is inside story. Hello welcome to the program. Its one of the most downloaded apps of all times and famous for its catchy videos the chinese own video sharing app ticktock house millions of years as in the u. S. Alone and many feel disappointed by President Donald Trump rants to ban it is our country now tech giant microsoft says it would continue talks to buy ticked off operations in the u. S. Canada australia and new zealand the cooperation says spoken to trump and will tackle his concerns about the social media platform washington is wary of use that data could be shared with the Chinese Government and videos sunset to talk rejects that this is what the us present had to say on friday were looking at a tech stock we may be fanning we may be doing
S p 500 essentially flat year to date nasdaq up some 19 59 minutes left in the session, sara coming up on this friday afternoon, weve got a series of great gifts for you. Red finns stock was on fire the stock selling to have day on the companys cautious outlook as the ceo says the bottom codrp out on the economy were going to talk to glenn kelman in a few minutes. And then apple once again, the Biggest Public Company in the world, surpassing saudi ramco. Continuing the historic run. The market cap now sitting above 1. 8 trillion. Its up over 8. 25 well talk about what an investor should do with this stock next lets focus in on the big stories that were watching. Mike santoli looking at the market and the tech stocks surging to day kayla is looking over the next stimulus package first to you, mike. The story from the morning was that Great Results from the big four of tech did not really lift all votes did you have weakness. Sold a strong open the market firmed up in the last hour or so
Already read from the u. S. And its presence in foreign markets to those fearful of china the trend is disturbing heres arties alex the highly bitch with the latest information on that. From mines in Canadas Arctic to farms in america the sleeping dragon china is continuing to spread its wings and some dont like it if the free world doesnt change doesnt change governments china will surely change. Cant be a return to the past practice because theyre comfortable because theyre convenient currently reside he is high amongst anti china factions in canada as Chinese State run shamed on Gold Mining Company moves to buy a mine in the Arctic Circle some experts fear that chen dogs plans put canada at risk as the gold mine sits in a strategically important region known for resources and shipping routes Richard Fadden who is National Security advisor to both Prime Minister trudeau and former canadian Prime Minister Stephen Harper has gone as far as to say this purchase should not go forward the
Right think of they were smart enough to close the perimeters two parked cars and just limit the areas of which solicitors can sell their wares. Reporter embarcadero and lakeshore the intersection of crowd control and virus control. The city ambassadors personally addressing safety concerns. We have free masks available through the city of oakland. Were out here giving anybody masks, making sure they are social distancing, everything, staying healthy. Reporter the citys name for the strategy is give the lake a break, and it will continue for the foreseeable future. I think everyone in oakland wants everyone to be able to enjoy the lake, enjoy the beautiful weather, and hopefully not get sick in the process. Reporter in oakland, wilson walker, kpix 5. Lets take a live look at outside. Beautiful day across the area, with some areas hitting triple digits. All those pretty pictures some oakland today. Oakland kind of got off the hook as for the heat with concern. Look at the map over my sh