Well despite the fact that we speculative trading should be curved up, well see how yum china is doing but a muted debut so far here in the city. We are expecting a Bank Decision highly expected to stay on hold here today. Also with the ecb as well. Watching the euro very closely. Did gain yesterday on the back of a report that some ecb officials having a little more confidence in the recovery from this pandemic ahead of its policy meeting. Theyre likely to hold. Well see what they say about the strength of the currency. 118 for the zero dollar. Pound still under pressure here. Things like the seems like the e. U. May be take manager Legal Proceedings or measures here to stop the withdrawal from this deal that Prime Minister Boris Johnson has been play to play out here. Your indonesia rupia as well. Recovering a bit on concerns about the Central Banks independence. Government think ceying it was opposed to the plan of a monetary board being set up at b. Y. Well dig deep beer shah in a
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
We layout top moves by executives buying up their own companys stock. Data you are only going to see here on Worldwide Exchange. It is friday, july 17. You are watching cnbc. Good friday morning, afternoon or evening and welcome to wherever you may be watching. We have a lot to do. Here is how your markets look. Slightly in the red but they could turn around. A very good week for your money, especially the small cap stocks. Russell 2000 are up 3 alone well see what happens today it is very early one of the big stories today is netflix with a mixed picture there. Stocks down 6. 5 the guidance worrying investors. Netflix says growth is slowing as viewers get through the initial shock of covid and also announcing that coceo officer is being promoted. Likely the main stock well talk about today. Stocks wrapping up in asia. Continued tension between u. S. And china hanging over the region early trade in europe. Investors keeping a close watch on something you might have seen on this show, w
We are in bit. That is some good news for today. But the bad news is of course that we have fires that are out there that are being combated right now and i taking you down to court is a ridge. This is the biggest fire right now that they are dealing with. 54 humidity, so the wind is expected to pick up as we get into the afternoon and unfortunately, that could make things a little more difficult for them. 21 Miles Per Hour at sfo but other than that we are pretty calm across the bay area with wind, but well see that change this afternoon to get a little bit dusty but what a beautiful morning this morning shot of the golding gate bridge. Relay are not in play this morning really, 52 degrees, 55 in San Francisco, 51 in oakland, warming up in livermore to so today we are going to see those low 60s at the coast, so it should be low to mid 70s around the bay. A gorgeous day and then we are talking mid to upper 80s, this couple spots might heat the 90 spots. That is going to hold for a coup
Estate being among the hardest hit. Planning to peaches beaches planning to reopen in time for memorial day as well as clubs in florida as there has been a resurgence of the credit virus in texas. I will ring in taylor riggs who has been digging into the movements of the day. Early losses and late game, where did tech land . Taylor the second day in a row with earlymorning losses that transitioned into gains in the afternoon. Tech for a second day upper forming the s p 500. It is not coming from big tax. The ndx, the nasdaq 100 the other performer. You are not getting the leadership from big tech you would expect in a rally. This is the second they were big tech lacked and the other performer in all of the tech stocks. You mentioned retail sales and Industrial Production all bad news. On the flipside, Consumer Confidence better than expected. That is where you get smallcap stocks like the russell 2000, focused on that semester consumer, that was the big outperform or that on the domest