At 211 a share, now its 213 up again, those two Companies Amazon and microsoft have huge and growing cloud operations. That is a big part of their stock rally. Now look at tesla, 142, yesterday closing 1600 a share and this morning its up 11 bucks, 1654 but it is up again, are these tech stocks a bubble, is it like the dog, the late 90s, ive never seen anything like this before. Now look at the overall market, the Dow Jones Industrial going up again, maybe 150point of the opening bell, the s p of 21 points, two thirds of 1 . Look at the nasdaq, a half percentage point and more because a big tech again. The market is also getting help from the europeans who reached agreement on a near trillion dollar rescue plan that helps and they are still negotiating a plan for the United States as of right now. Bottom line, big tech in the market going up again today. A different story in our cities there is a confrontation going on on one side local largely democrat mayors on the other federal auth
Up pressure. A big thing the marked is watching into the weekend, stimulus negotiations in washington they appear to be stalled with no breakthrough yet. But that could change. We have 59 minutes left of trade. We do sara, as i know you were equally with me on this, we also happy birthday wishes to closing bell and power legend bill grijive who shargri griffith who shares our birthday and mrs. Carl quintanilla. It goes on and on this great seventh of august. Popular day great day it is because of them, not us. Coming up on todays show, tensions ramp up between the u. S. And china, well speak with i ian bremmer and why a worldwide depression is coming plus, the weeks storm driven Power Outages have been a major headache for people working at home. But they gave a boost to a generator company. Well speak with the companys ceo in a few minutes lets focus on the big stories that were walking mike santoli is tracking a volatile market session. We have the latest developments on the stimulus
The cash trade less than one hour a day away. Stocks push higher as u. S. Coronavirus hospitalizations dropped, even as global cases top 20 million. Fresh stimulus remains elusive though, as President Trump looks to cut the Capital Gains tax. The earnings season continues, with numbers from heavy hitters, like softbank and prudential. Plus, we will speak with several ceos. Plus, ready and able, the bank of england. One member tells the times the bank will step up their q. Week q. E. Am their anna, what are you seeing . Anna good to see you. It had beenw where anticipated, 3. 9 . Threemonth rate, of course come with expectation that we would end the threemonth period to the end of june at 4. 2 . This is better than what had been anticipated, but remember, there is a challenge in terms of being able to reflect the unemployment reality on the ground. This number has been protected from rising to a large degree, for better or worse, and that means we still may be seeing a surge in unemploy
I dont need any comments, thank you. I now call the Prime Ministers to answer the engagement question, participating virtually. Prime minister . Mr. Speaker, i had meetings with the minister in addition to the duties in the house and i shall have further meetings today. Last week saw the anniversary of the beginning of the battle of britain. As you are aware, these systems alone deployed 10 thousands of people across lancaster and of taken on over 250 apprentices in that part of the business this year. We hope the Prime Minister can come to visit, meet the apprentices and what he can to secure the key jobs to support defense experts exports in the programs. I have no doubt i will be coming in due course. Already there are 1800 , programmers involved in the project, 2500 year. Next year. And 800 of those are in the constituency. I look forward to his constituency being at the epicenter of the development of the next u. K. Led combat program. Now the leader of the opposition. Thank you,
And the markets say by gold. Global google searches for the phrase hit levels not seen in nine years as the yellow metal barrels passed 2000 an ounce. The cash trade is less than an hour away. Here are your headlines. The white house and democrats aim for a virus relief deal by the end of the week and bill gates tells bloomberg exclusively the u. S. Should help poorer nations get vaccines. Rocked by a massive explosion at its main port, killing dozens and injuring thousands. Authorities are yet to confirm what caused the blast. In fromcontinue to roll europes largest countries. Commerzbank anticipates a loss for the year. We will speak with a host of top executives in the coming hours, including from the frankfurtbased bank. We are just under an hour away from the start of cash equity trading in europe and out in the u. K. Lets take a look at what futures are indicating. Green arrows across the board. For ures up the most, 0. 4 . We get a slew of earnings out of German Companies this m