But you were talking about the dow being in positive territory for the First Time Since september 2nd. Stocks in china reopened after a week long Public Holiday they both jumped by more than 2 the shanghai composite was up by 2. 6 lets take a look at where things stand right now in europe where there is some trading taking place you can see the markets are open there and theres a bit of a mixed picture. Its actually a little bit higher ftse 100 is right around the flat line, andrew. Hey, becky. Weve got so much going on this morning. Weve got this is squawk planner, two major tech events first amazon sales day it begins after it was postponed, if you remember, back in july. Now running two days, starting at midnight tonight eastern time so watch out for that. Ive already scheduled it and then Apple Holding the big event tomorrow the launch event expected to unveil the new iphone. Everybody looking for the new 5g iphone it will include the first major exterior redesign since 2017 and we
Climbing 8. 86 how do we interpret the market is the market heartless in response to the plea of the protesters is the Market Making judgments about the difference between violent protest and passive resistance i know many people wish it would. They want the market to be part of the debate. They want it to play a constructive role in the dialogue over racial ee qualiqur go down to express empathy for the troubled times were living through. Thats not how it works. The truth is the markets blind because it has no eyes its deaf because it has no ears its a convenient abstraction, not a personal opinion investors make judgments until recently nobody was investing with an eye toward making the world a better place whatever that might be now there is a Younger Generation of investors with hearts in their heads. I share the sentiment. For the most part people pick stocks because theyre trying to make money we buy stocks at companies, Good Companies with good longterm prospects. Mainly ones th
To talk about the vote, the guard rails that are put in now for Small Business loans and what phase four could really look like. Government money, though, will not save Neiman Marcus from the crushing effect of the covid19 epidemic on retailers. The High End Department store chain could file for bankruptcy, some say at any moment, could be by the end of this week, but can saks save it . The former chairman and ceo steve sadove on that and whether we are witnessing the death of the Department Store. Tonight is the first live major sporting event since the virus shutdown, all of the leagues, the nfl, mlb, nba and its the nfl draft, okay . Yeah, its a sporting event, is it not . No touchdowns are scored, though, unless you count the hundreds of millions of dollars flying around to potential picks. We are less than an hour to the closing bell on this thursday. Lets start the claman countdown. Liz we begin with breaking news and it involves amazon. Amazon is denying a bombshell report by th
In the waters of hong kong, why scientists are baffled. The world has failed to help syrians both inside and outside their wartorn country. Thats according to International Eight group oxfam which has released a damning report. The solidarity with syrians report says only a handful countries have been providing their fair share of support. Several countries including iran, qatar, russia, saudi arabia, turkey and the u. S. Are fueling violence through arms and ammunition transfers the author says. And it says the aid response is faltering. Many countries are not sending through money they have pledged. Daniel is the author of the report. He joins us now from beirut. Good to have you with us. The another interesting aspect of this report it says even countries that were senting money for the syrian aid effort are now cutting back. Why . Are countries getting tired of the syrian conflict . Well, i think thats potentially part of it. I think if you look at the number of people in need ther
Russian air strikes on syria are now being reinforced by russian warships firing missiles from the caspian sea to hit targets in syria 1500 kilometers away. First a report from zana hoda. Reporter a new phase in russias military intervention in syria. For the past week, moscow has been targeting the opposition from the air. Now that air power is being used to support a Syrian Army Counter offensive on the ground. Areas are coming under fire. This battle is for control of an important corner in western syria, strategically situated along the main highway between the cities of damascus and aleppo, and it seems the government had informed the residents of the assault. Translator after the Syrian Regime threatened to invade the town, the families fled from their homes and now this town is empty of civilians and only rebels remain. Reporter tens of thousands live in the town. It is not clear how many already left. But the rebel factions in this region are promising to fight back. Translator