U. S. Cases do continue to decline. The fda gives the go ahead for plasma use in hospitalized patients and a potential vaccine fast track and tech on a tear. Shares of apple up nearly 75 this year ahead of its four for one stock split today. Jim, we have all that to handle and jackson hole this week, the rnc and couple tropical storms in and not a sleepy august it should be a sleepy august, and its not august supposed to be a down month and its not people say, wait a second. 70 of the market didnt do well last week. I always find those kind of things because 70 of the market does well this week. You dont have a bunch of anything to hang your hat on when you look at a big apple price target increase basically to where the stock is you realize, wait a second shes the first. But will everyone have to follow every price target is below where the stock is a lot of people feel enthusiasm for the stock split. Of course, that is part of it. I know stocks mean nothing but they excite people she
Good afternoon is just turned for health care in moscow youre watching the international. Scene which through its long history has been a cathedral and a mosque is being converted back into a place for muslim prayer. Like all of other mosques the doors of the hagia sophia will be open to all locals all foreigners muslims and muslims hagia sophia humanitys common legacy will continue to embrace everyone with its new status in a more sincere and more unique way by finalizing preparations quickly we plan to open hagia sophia for worship on friday july the 24th 2020 with friday prayers. Since worship is to have to wait another 2 weeks for the hagia sophia to reopen for prayers this friday and see them gathering outside the. Mosque the president s announcement comes shortly after to his high court an old and i 934 decision to turn it into a museum local journalist at a still. Turkeys councils reach the decision to a no 1934 Ministers Council decision that turn i stop you must museum so this
Into a mosque however turkeys move triggers anger especially from abroad. And broadcasting live direct from our studios in moscow this is our International Launch on thomas certainly glad to have you with us now aside from the impact on health and leaving millions jobless the coronavirus is also threatening to leave people hungry as well a new report by oxfam warns that over 1000 is triggering a food crisis that could potentially double the number who die from hunger each year Matthew Truscott is the head of humanitarian policy for Oxfam International he says its even affecting developed countries as well. Whats really worrying in this report is we are seeing new centers on developing in an otherwise middle income in developed countries some of the countries we do look at and the reports include India South Africa brazil these countries where there are recently developed economies and yet impact that were seeing from coronavirus is going to have dire consequences on the most Vulnerable
That. Right i think that the shock value of that is maybe more, lets say, the bark versus the bite i think that theres a belief that we could get a lot a much better picture of what the Health Situation is going to be like in november so its a little premature to be able to say what the president is saying and its certainly contrary to what he was saying about the idea that we do have a vaccine very soon. If we have a vaccine very soon why do we have to delay the election and why does it have to be crooked i think you cant have it both ways you can have the vaccine come out and have a gd election or you must know that the vaccine is not going to come out and you will have what he just tweeted but whatever it sows chaos and chaos is bad for the stock market. We did get some promising vaccine news out of j j as they move to human trials in the u. S. And belgium the earnings which we will talk a lot about this morning are basically shaming the analysts, virtually surpassing the entire ran
Johnson johnson better than expected, it doesnt matter. Taiwan semi last night fantastic, doesnt matter. Apple price bump doesnt matter. When you get like that that says, let the sellers get their job done, there is some agenda here, theyre obviously not caring about news, not reacting to better retail sales or jobless claims down again. Every time that happens theres usually a great trend up someone is a seller. There is big money that wants out right now, i think a lot of people are confused about whats going on in nasdaq, amazon down 10 since the week began consequently there is no bid underneath no matter what the companies say. That will change probably midday i think its an okay day all right well see, jim obviously we talk about the market looking forward through some of the news flow and, you know, you take some of the Bank Commentary about second half growth versus first half,its not nearly as constructive and we will see whether gorman backs up what citi and wells and jpmorga