Japan marks the anniversary of the tragedy with a minute of silence japanese and americans what they think about the events of 925. Terms of. The justified i dont know i think its tough to believe people for the mistakes of history and i think the use of the atomic bomb was unacceptable there was no reason to do it. This is the weekly here on our to our roundup of the days headlines along with the stories that shape the week thanks for joining us this hour. Theres been a tense standoff in the lebanese capital amid an outpouring of grief and anger over tuesdays deadly explosion Security Forces use rubber bullets and tear gas to break up crowds calling for justice. We went to martyr square to sort of gallows for those who did this to our country today well hey museums plan a single government ministers. A Police Officer was reportedly killed in the clashes and a large number of people injured over 700 some demonstrators reportedly trying to break through a barrier blocking a street leadi
It is the 32nd time this year the nasdaq has set a record close again. This morning, we are looking at a negative picture this morning, you are looking at red ar owes. S p indicated down by about 16 points everybody is waiting to see. At least right now, 10year looks like it is narrowing to 2. 5 jobs friday today. Forecasters will expect payroll to climb 1. 48 million after june gains shattered expectations a huge number this time around unemployment is expected to drop 10. 6 from 11. 1 from june well take you through 8 30 a. M. When those numbers actually hit. News breaking this morning for those of us in new york city who woke up and thought what just happened. Con edison investigating widespread outages. As an upper westsider, no power there. You lost power . A true black out. We are in 2020, what could go wrong . I looked around and thought, it is so dark what is going on is the nasdaq going to have power. What am i going to do . Here we are middown. You left connecticut to come to
Twitter shares soaring on a rumor the company is looking to build a Subscription Service a source close to the situation tells me that a Subscription Service is one of many Revenue Generating options that twitter is considering, but that no announcement in that area is imminent Ceo Jack Dorsey has said hes kicked around the idea of creating a subscription tier and twitter management has talked about building new revenue stream the focus on new ways twitter could make money as tiktok opens a new platform senator tom cotton warned americans against use ticktock. Secretary of state mike pompeo said late monday that the United States was looking at banning chinese social media apps including ticktock. Ticktock responded to pompeo by pointing to the companys new american ceo, former disney executive kevin mayer, saying we have never provided user data to the Chinese Government nor would we do so if asked. I want to go to dan nathan first. As i recall, dan, you had fast pitched twitter back
Take something off the table makes sense which is how you got to todays selloff with the dow dumb bli t tumbling and nasdaq tumbling the bear camp cant exist at the sametime there cannot be coexistence with the huge covid outbreak in the sun belt spiraling out of control, bear is in charge so why dont we do this . Let suspend judgment and not use terms about good or bad and take the approach of the fact spin. Awaken america trade has taken a turn for the worse some people expected that. I didnt its a disturbing spike in covid cases across alabama, north carolina, South Carolina and texas. The infection level so high the governors of new jersey, new york and connecticut have taken an unusual action and slapped a 14day quarantine on travelers from these hot spots thats amazing they have more than 35,000 new cases today which is about where these numbers peaked in april. Not good its plain bad news for everything that depends on the economy reopening which is a lot of things. The america
Peter navarro meant to say on fox last night. There was a little confusion. I think that he was pretty definitive to say it was dead, the president was pretty definitive in saying the trade deal is on who would ever think that this would happen, good news out of europe, pmis are strong, they are inflating things in their economy like we are. I also think there might have been a short squeeze those of us who watched when navarro said what he said the market plummeted and i think overnight traders said its going to open down badly im going to get short and they got whipsawed because you didnt think navarro could be reversed as quickly as he was given the fact he is a close confidant of the president. Almost exactly what art cashin is saying this morning. Whipsaw resulted in a good deal of short covering. He says the bulls may now reassert control he says they need to take the dow up by more than 450. The bulls are when you watch the market ahead of time you see so many stocks going up fo