Profit increase as iron ore holds up amid the pandemic. Relations go even further. China says attacks on tiktok were bullying and rejection of fair competition. Shery lets get you started with a quick check of how the markets are trading. U. S. Futures opening flat after the s p 500 and other major indices ended the session mixed. We had a rally in Technology Companies with the nasdaq gaining 1 . Selling off sos the s p 500 was dragged a little lower. Still closing at the highest level since february. The third time in the past week that the index topped above its february closing record during the session, but ended below it. Still up more than 50 from its march low. We did get more positive ecodata. A gauge of Builder Sentiment jumping to the highest since 1998. Take a look at oil because that positive sentiment over the economy taking oil for a five month high, all the right now under pressure. Wti now headed towards 42 a barrel. See how things are shaping up, here is Sophie Kamarud
Effects might not just be the absence of benefit but actually that they might be causing long term. This is boom bust the one business show you cant afford to miss friendship or in washington coming up the race for a covert 19 vaccine continues to heat up as some major american pharma giants are headed into promising late stage trials plus boeing is back in the spotlight as it looks to rebranded following at 737 max saga but will the make over help it take to the skies and the later news outlets are taking the fight to apple over fees in the App Store Look at the long term impact of the decision mean moving forward with a packed show today so lets dive right in. And we leave the program with the latest in the race for a coop at 19 vaccine American Drug maker pfizer and German Biotech Firm bio intact said the vaccine they are developing is on course to face Regulatory Approval as early as october advanced trials of their latest vaccine known as b. To have shown the drug was well tolerat
App store look at the long term impact of the decision mean moving forward with a packed show today so lets dive right in. And we leave the program with the latest in the race for a coke at 19 vaccine American Drug maker pfizer and German Biotech Firm bio intact said the vaccine they are developing is on course to face Regulatory Approval as early as october advanced trials of their latest vaccine known as b. To have shown the drug was well tolerated among participants across the age spectrum resulting in a moderate fever in fewer than 20 percent of participants the company said in a statement although they added they will continue to analyze data from the trials last month the 2 Companies Made a 2000000000. 00 deal to supply 100000000. 00 doses of the vaccine to the United States meanwhile johnson and johnson is planning a late stage trials of its experimental vaccine in september the latest trial would include up to 60000. 00 volunteers and would be conducted at nearly 180. 00 sites.
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
For the top story so far here in moscow im kevin comprehensive news review of the week and now if you join me for. Watching hope you have a great weekend. Hi imax to answer this is the kaiser report were back from Summer Solutions no more solutions not only problems now for the next 10 months. Well lets talk about the biggest thing that happened while we were away on vacation and that is warren buffet has obviously used that opportunity while we were away to make a major major major change and his portfolio and which indicates that kaiser report has been right for the past 10 years he dumped many of his banking shares and went long gold miner barrack the biggest gold miner in the world so max what do you think about this sea change in his portfolio right well it was obvious that he would have to get into gold gold mining gold bullion at some point he had too much calf he was underperforming the stock market for 15 years he had made an enormous mistake at airlines again for the 2nd time