Becky is off today all breaking fivemonth win streaks with the dow the big loser. Still a good quarter i should say a very good quarter. The dow gaining 7. 5 take a look at u. S. Equity futures this morning lets show you where things stand as we speak. The dow up triple digits s p looking to open higher nasdaq about 140 points hire overnight, Tokyo Stock Exchange suspended trading after a glitch blaming a hard wear problem followed by a failure to switch over to a backup device. The first fullday closure of the tokyo markets since trading began in 1999. Too much partying like in 1999 also in 1999, the year after was the year 2000. That was the last time the nasdaq had two quarters as good as this. It has been 20 years the nasdaq was up 45 . So it has been pretty unbelievable yesterday, we had worries about coronavirus. Even in new york and elsewhere where there is high infection rates. We had sort of just the aftermath of the debate, which people said was unsettling just watching then
He lied to the american people. On. Sleep. Ok still doesnt have a. President ial debate. Hello daryn jordan is counting the cost on aljazeera you look at the world of business and economics this week brazil has the worlds 2nd highest number of coronavirus the economy is in meltdown and graft cases are piling up against the president s family but also hours popularity is on the rise also this week some livestock under threat mexican farmers feel what little water they have is going to be given to the United States. And the battle for the skies a british startup joins a crowded field to develop electric flying cars which could take to the u. S. In the middle of this decade. Now from all the headlines you may think that brazils president j. Both scenario is having a terrible pandemic his dismissive belligerence saw the virus run riot with more than 4 and a half 1000000 cases and over 135000 deaths brazils been hit hard by the virus but support among the poor has seen both tomorrows popula
A coat this morning. Its a little chilly. I was thinking the same thing. Good morning to you all. Lets bring in rosemary to talk about this. I forgot what that chill in the air felt like until this morning. It is so weird. And my cold . I am glad to see but its a definite change in the weather. Yes. You need socks this morning, for sure. We are a little bit cooler and we will be cooler for today but it wont last. We start a warmup tomorrow and it is a warming trend that will last for a few days and may be several days. For today, the deeper green layer is out there. A bit of an onshore breeze this afternoon. Temptress coming down by a few degrees. I will have a better look at the Current Conditions and what to expect for the afternoon and will look at the rest of the weekend coming up in a bit. Truck protests continue around the bay area after the Police Shooting of jake it jacob blake in kenosha, wisconsin. Demonstration dancers are calling to an end to Police Brutality. How san joses
The dow is at 25,600 is the low for the weekt. Joining us this morning to talk about that is a u. S. Equity executive strategy director. And i think maybe the first time we had you on our air, welcome thank you, it is good to be on and i appreciate the time this morning we love getting the insight nanny general your Research Notes have been really clear in spelling out a narrative on the kbas baskets that work for stocks i argue it is a relatively bullish tone, but how would you put it i think the way were looking at this is were ultimately confident that you have a v sharped recovery and ultimately you have a strong fiscal stimulus to provide an effective bridge to 2021 now mic and my team have also been positive on the operating leverage story particularly as were seeing increased prevalence of companies having to do more with less just like coming out of any other resection, that generates operating leverage and i think that is actually this emerging theme for life after covid and i
With the dow gaining 6. 8 there has been some controversy about that too explain whats going on behind the numbers. In terms of how many jobs have been lost during the pandemic. Its fifth positive session. Its been up five sessions in a row. Its indicated higher and the 6th day of the week. That was up by 6. 8 . S p was up by 82 points. And then the nasdaq was up by 2 almost 200 points. The s p indicated up by 6. 5. And treasury yields and did see quite a bit of activity there too. The ten year yield picking up substantially last week and this morning its back at 0. 91 i cant remember the last time we had a ten year above 0. 8 let alone 0. 9. It could be a round number some day not that far 1 maybe cross your fingers. Oil too is almost 40. Oil looks like a bad break looks like it went down and it is such a quick one right back up and almost to the levels where it was almost prior to this the journal has the piece when the spiggots are opening here today. We have a huge show again today