Tiktok launches a legal bid to stop President Trump from imposing a ban in america. He says the app is a threat to National Security and tiktok says the bands peer politics. The president marks the official nomination at the Republican National convention by criticizing mailin voting and saying the opponents his opponents want to steal the election. Shery u. S. Futures are opening flat after solid gains for u. S. Stocks in the new york session. Record highs for the s p and the nasdaq. We had optimism over vaccines and treatments for coronavirus. The s p 500 saw most of the sectors in the green. Small cap biotech got big moves from the authorization of convalescent plasma for treating covid19. Vaccine developers tumbled on this new focus on plasma treatment. The dollar weakness we saw earlier in the session did pervak. Did pare back. Look at what oil is doing. It rallied and gasoline surged to a fivemonth high at the moment under pressure headed to the 42 a barrel level. Laurae storms m
Delays. Pres. Trump know, we did not do that at all. I want the post office to run properly. They are going to need more money if they are going to take intensive billets of ellis tens of millions of ballots out of nowhere. It is a part of the bill that the democrats dont want to make, because they want a trillion dollars to go to states that are run by governors who happen to be democrats, who have not done a good job for many years. Those are states that oa lot of money and need a lot of money, and they are talking about 1 trillion. The post office and the 3. 5 billion for the boats themselves. The votes themselves. Think about that, 3. 5 billion for mailin ballots. Shery President Trump right now giving a press conference at the white house. He is addressing questions about usps funding. Together thoseut two issues of mailin ballots and giving that funding for the u. S. Postal services. A proposed 25 billion financial lifeline. But china, saying the u. S. Would call with china about
A study suggest young people are not as immune as some, including President Trump, have claimed. The bank of new zealand faces a tough policy decision this week. Balancing a rebounding domestic economy against the increasingly uncertain global picture. Shery happening now, President Trump speaking at the white house. He abruptly left, escorted by security. He is back in the briefing room. He says there was a shooting outside the white house and it is now under control and someone was taken to the hospital. Pres. Trump he reported he heard shots. He was outside and he heard two shots. We dont know yet. They are going to find out. Do you know if the individual said something . Pres. Trump we dont know that. The secret service . Pres. Trump it seems to be. Where you take into the bunker . Pres. Trump no, to the oval office. Just told me when he came up, you saw it like i did. Sir, could you please come with me . I was surprised also. It is pretty unusual. But, very professional people. Th
Performing significantly better than europe, also pointed to stock that has the u. S. Market gains against other countries. We will continue listening to the president and see if he has anything more to say. We are waiting on anymore comments from a u. S. Stimulus package, not to mention ongoing u. S. China tensions as we are getting close to that and of wecheck. Pps tiktok and quick check of stocks trading at the moment, u. S. Futures holding flat after u. S. Stocks surged briefly to a record high, reachedthat 3386 level february 19, before the pandemic. The s p 500 closed 1. 4 percent higher, tech leading gains. Nothing specific driving the rally, Speaker Nancy Pelosi saying lawmakers are miles apart on another fiscal stimulus package. The s p 500 index saw the biggest jump in over five weeks, all 11 Energy Sectors rose. Look at what oil is doing at the moment. We are seeing it under a little pressure, headed to the 42 a barrel level, after jumping in the new york session to a fivemo
Americas top Infectious Diseases expert says he is confident we will have a vaccine by the end of the year as infections slow and california and arizona, but florida reports record deaths. Secretary of state mike pompeo praises australia for standing up to china as the traditional allies strengthen defense ties. Shery thats get a quick check of how markets are trading at the moment. U. S. Futures opening to the upside, point 1 , this as stocks fell. We had traders assessing corporate earnings, not to mention contentious negotiations on a legal stimulus package. We have the s p 500 nearly raising money. We had traditional sectors gaining grounds. Real estate, utilities performing while energy declines. We had worse than expected results from a few companies 3m. Uding mcdonalds and the nasdaq composite also lost more than 1 . Tomorrow is the big antitrust showdown. We have the big tech giants including jeff bezos and Mark Zuckerberg testifying, so we will be watching that closely. Take a