1. 8 trillion. And jobless claims disappointed the street coming in at 898,000. It was the highest rating since mid august. Rising coronavirus cases in europe and the u. S. Affecting sentiment. 59 minutes left of trade down only 23 on the dow. The european measures definitely weighed on european markets. We have improved since the european close coming up, we will speak with gregg lemkau about how the pandemic changed the m a landscape. Plus the ceo of zoom will talk about the companys efforts to branch out beyond video meetings and the stocks run thissier. Fir mike, lets start with you the Broader Markets well off the session lows. A resilient showing throughout the last few years. You mentioned the market lows in the u. S. Were just before the european close perhaps that was one of the bigger pressure points, the overseas action. Where it has taken us though is really hasnt disturbed much of the trend. This is this area. Last week we broke above this range we have been in for a while
Now were well off those worst levels as tyler and kelly were discussing financials and industrials are in the green tech though does continue to lag even though it is bouncing back. Sara, were well off the lows but in the red just about. And in the red for the week which breaks the five week win streak plus, turning the page well speak with Mark Thompson whose tenure comes to a close as of tuesday that stock climbed more than 400 under his leadership. And the ceo of Hawaiian Airlines will join us after his company scrapped change fees and hawaii struggles with increasing covid19 cases mike santoli tracking the selloff and the come back in the market josh lipton has details on a volatile day for apple and joining us to break down the moves in technology, dan niles from april hl one capital. Start us off here on the Broader Market and what you think is important. Yeah. Sara, a pretty good little day and a half rinse that we got from the highs on wednesday. Look at the s p 500 in the shap
Welcome to tomorrow today this week with a special focus on the ocean. Lab. Bacteria are found all around us they reproduce by splitting into occasionally random genetic mutations occur during this crisis this can make some bacteria more resistant. To mutated bacteria die off but sometimes the me taishan protects the bacterial cells from the effects of antibiotics for example. The antibiotics kills the bacteria without the mutation of the others thrive. The edge of biotech resistant bacteria can then go on to refrigerate with less competition and form a whole new company. This is evolution. Via Natural Selection but its caused by human intervention. To arctic resistant bacteria can rapidly establish themselves in hospitals the concentration is the ticket only hine. Factory farming is another source of antibiotic resistant bacteria. They can spread by the sewage system and ultimately harm our health its a vicious circle but perhaps the ocean could hold the solution. There could be a tre
Im presuming to welcome to news africa its good to have your company a leading Retail Pharmacy in south africa has been forced to suspend business off to protests outside and number off it stalls the outrage is over a Marketing Campaign which described black hair as dole and white hair as normal tickets were organized by south africas radical left wing t. V. The Party Supporters demonstrated outside several clicks Pharmacy Stores across the country the company has pulled the ad for it and apologized but the if once the resale change shut for 5 days so it suffers revenue losses. Soar year to its top leagues being if the broker and weve. Never bit the. Up and were going to. And do not be in a position that is going to exist here and this market didnt inform over clark or doe in intimidation that is going to stop us from protesting against the bases if they want a physical confrontation letter with their them too often. We state that they must close all this postpone close the most out. A
Technology. Coming up in the next hour, secret project. Have a team to working on Satellite Technology to be an Internet Services to devices. It will allow it to bypass Wireless Networks. Latest. Plus a pay raise. The reins, akes receiving a 242 million exception package. Details. Ve and big tech in 2019. Of the ent from one most anticipated ipos to a floundering company just survive. O we look at what it faces in the new year. But first to our top story, loomberg was the first to report that the iphone maker has a secret team working on a Satellite Technology. To find new ways to bring data directly to its devices. According to people familiar with the matter. He company has got a dozen engineers from the aerospace antenna Design Industries working on the project with the hope of deploying their results years. Five for more i want to bring in bloomberg technologies. What do we know about the so far . We know its top secret. Its operating like a startup inside apple. Has the ear of tim