Live this hour. Plus records watch, the plus ive got it, carl the dow aiming to erase 2020 losses and the s p heading for the best august since 1986, kelly. Wow and cocacolas restructuring strategies amid plans to streamline the drink portfolio they are setting voluntary job cuts for thousands of its workers. David, it is friday, and kelly, friday and you just sort of think back to what this week has brought us, guys alltime highs, obviously news in sports in the nba, hurricane laura, the rnc and we will hear from what the president said last night tiktok, microsoft, walmart, oracle, you name it, david, but large discussion this morning about how the thing thats going to probably stick with us for the weeks and quarters to come is going to be that historic powell speech and we will have to decide whether this long end is bringing us noise or something more yeah, i mean, im glad kelly is here because im sure she was home studying every word after it took place, as you know, not my area
Timeline for a meeting. Hasident trump warning he he is looking other Companies Including alibaba. Proving theto be adage, first in, first out. It could be the only major nation to grow this year. New zealand reports more infections, weakening its reputation as a covid19 beater. The Prime Minister is preparing to speak. She may delay the election. Shery lets get a quick check of markets. U. S. Futures rising at the open. We are seeing futures up to tencent 1 . This after u. S. Stocks ended the session mixed. Fluctuating throughout the session for much of the day. Just to fall slightly negative territory with utilities and health care. Recover any the u. S. Has slowed. We also have stimulus talks remaining at a stalemate. The nasdaq fell to 10 sub 1 while the dow was fell 2 10 of 1 . Signs of been some Energy Demand recovery in the u. S. That is gaining tracking gaining traction. Crude gaining a quarter of half a half of 1 . Same for brent crude, which is nearing 45 a barrel. We had ame
Deal to buy the company could come in next few days and theres a third bidder enter the fray walmart, wait, what. Thats right we have the details walmart entering that one. The sports world at a virtual stand still. The nba pauses playoffs to put a spotlight on Racial Injustice in america. The Houston Rockets owner will join us. Well talk about that and the hurricane as power lunch starts right now thanks stocks are giving up sol me of their early gains. Bob has the latest for us. Banks and health care are leading but most Everything Else is down. Sell off in the middle of the morning. That as an attempt to take some profits on tech stocks these sell offs dont last long. Look at the triple q here in is the nasdaq 100 at a new high its a rule here it goes up for four days and maybe down one day we have seen this for a couple of months now. Here you see the teams to sell it off it doesnt last very long. Theres been a lot of people arguing, look at the megacap tech names its time for a pa
John, to me the silence of this friday is the unemployment checks that will go away and the silence from washington. Jonathan i hope they are not looking at the equity market this morning. I hope they are focused on the highfrequency data and jobless claims. The recovery that we have been doing a victory lap on over the last couple of months. There will not be one this time around. Jobless claims are higher. Recovery is stalling. The economy needs more assistance. And congress is going for a long weekend. Tom so many things this morning and we will have a lot of different conversations to get you ready for the weekend. Lisa abramowicz, we all know in equities and commodities and currency, the bond market talks. It is speaking with a vengeance this morning. Lisa you are earning nothing on safe bonds. That is what this is telling you. Inflation will not take off. We are seeing record low yields. Almost back to its record low. I think you pointed to the most important yield we are looking
You have radical left democrats running cities like chicago and so many others that we just had a news conference. Unfortunately, that is the way it is. Thats the facts. When you look at chicago and you look at the job mayor lightfoot sent me a letter yesterday. I think in their own way, they want us to go in. There will be a time when they want us to go in. Right now, we are sending extra people to help. We are arresting a lot of people who have been very bad as far as the coronavirus, as you say, i think we have done some amazing things. I think you will probably see that if you compare our statistics to other countries. And if you look at death rates, etc. , you will see, and especially into the future with whats happening, you will see some very, very impressive numbers for the United States. President , do you plan to do a National Strategy to help schools reopen and reopen safely . Regarding the children in your family, your son and grandchildren, are you comfortable do you plan