Secondquarter rally to 20 . The dow jumping 18 . However, dr. Anthony fauci today, the nations leading disease expert, said cases could soar if behaviors do not change. Fed chair jay powell said getting the virus under control is just as import does the u. S. Economy itself. Abigail doolittle has been covering the ups and downs. What is driving all of this . Abigail behind the rally we had today and yesterday, i think it is just a cushion to the end of this banner quarter. Investors wanted to make sure they locked in the gains. Fundamentally, not a lot changed. There was some fundamental economic data. Little bit more positive, some Chip Companies put up some good quarters. From the factr that there could be some more Companies Boycotting but a bit of a rebound rally. Confirming the risk on mood company 10 year yield higher. Bonds are lower on the quarter. 20 on the up about quarter. Treasuries higher. You do not often see that, where you have bonds and stocks. The same time, Precious
Favorite pastime safer for children but not everyones a fun. A warm welcome to this hour of news somalias president is clear whose debate for a bombing in the capital that killed at least 79 and injured many more most of the Day University students heading for a new day of classes well a truck exploded at the checkpoint the police say the target was a tax collection sensor although theres been no claim of responsibility so far the president s pointing at al shabaab well sas todays bombing was one of the deadliest recent attacks in mogadishu in 2011100 people were killed in a suicide a suicide bombing by al shabaab the governments ministerial complex then 2 years ago nearly 600 people were killed in a double truck bombing and that was blamed on al shabaab reports now. And i will bring in neighboring to. The attack was carried out joining morning rush hour as many people going to work and University Students heading to campus the bombs exploded at a security checkpoint east by many comin
Prime minister Boris Johnson. Finally the conservative leader and Prime Minister borisjohnson. And remember as always you can join in on twitter, facebook, instagram and the usual way. So lets get started. Will you please join the usual way. So lets get started. Will you pleasejoin me in welcoming the leader of the labour party, Jeremy Corbyn . Good evening, mr corbyn, and thank you for being with us. Before we start, and i promise you i am saying this to everybody, the aim tonight is for our audience here is to ask if as many questions as possible so if as many questions as possible so if you could keep your answers brief and to the point, that would be great. So, lets have ourfirst question from ian parkin. Good evening. Should businesses be frightened of an incoming Labour Government . No, they should not be frightened. Because our countrys economy relies on many small and Medium Sized Enterprises that are the motor of our economy that have difficulty in accessing capital and suppor
1. 5 two year just below that at 1. 478 overnight in china, look at those stocks and youre going to see the nikkei was up by 2 , 2. 1 in shanghai, market there up by a percent and hang seng closed flat and then if youre looking at what has been happening in europe with the early trading taking place this morning, you will see mostly green arrows there. The cac up by. 9 . So is the dax. The ftse down by half a percent. Cnbc has you covered for all of the big global stories that are moving markets today were going to take you to hong kong for the latest comments from carrie lam. An update on the political crisis in the uk over brexit exclusive update on the tariff fallout for small retailers. Lets start in washington now, with the news that the the big news that is moving the markets now, trade talks with china, set to resume next month. What do you got here the news breaking last night out of beijing, the Foreign Ministry issuing a statement, here is the cnbc translation of the Foreign
From the start. Global uncertainty the most important issue for their markets as jackson hole discusses threats to growth. An hong kong protest take an ominous turn. Place drug guns and fire a shot, as demonstration turned violent again. Shery lets get started with a quick check of markets. U. S. Futures at the moment plunging 1. 1 heard this after we ended the regular session friday and President Trump escalated the trade tensions against china, saying he will boost tariffs. This coming after chinas retaliatory tariffs. On friday we saw a negative sentiment across markets. The dow falling 600 23 points, the s p 500 lower by tack and Technology Energy stocks. After chairman Powell Comments at jackson hole which raised speculation now about the fed potentially easing more in the coming months. That felt 3 . Continue to see these fears of recession. Two 10 yield curve. We saw the three 10 yield curve. We are seeing that anxiety play out in the markets. Lets see how things are playing sha