Talk about an apple a day. New reports the latest Iphone Models are selling better than they expected. Trade war hitting europe right where it hurts we are live from parma, italy with a look at one industry preparing for the worst. Ready to say cheese. It is friday, october 4. Worldwide exchange begins right now. Good morning. Happy friday welcome. Im in this morning for Brian Sullivan we start with breaking news out of hong kong where the chief executive carrie lam just wrapped up a press conference. Our own chery kang is live Going Forward with what some key people call a last resort banning face masks, invoking Emergency Powers giving them the power the make laws in emergency situations and goes ahead with those measures the Hong Kong Government highlighting or trying to minimize the reputational damage of this discussion take a listen. Hong kong is not in a state of emergency we are not proclaiming that hong kong is entering a state of emergency but we are indeed in an occasion of
Point. Hang seng was up more and in europe theres active trading taking place with the early hours and youll also see that there are, well, its a bit of a mixed picture. Stocks are slightly weaker across the rest of the continent there. In the treasury yields here in the United States, thats what we continue to watch closely theres questions about what the fed does next and right now the ten year picked up a little bit of steam its 2. 073 . The ten year at 1. 584 so about 1. 5 and then the two year, look at that 1. 558 so no inversion at this point and you are seeing a little bit of gains in the yields. Thats a pretty big move. A quick move back. Right were not following it that closely. And the 30 year is well above 2 i think just psychologically its always like this but we give it to up days not just us but the collective we theres a point we were down 250 but we only ended up down 250. Right. But we did 372 yesterday but its very its the biggest two days of gains you have seen for s
The Investment Committee is ready to go. The Halftime Report starts right now. It is great to be with you on this monday our Investment Committee today is here. We start off with what will be a big week for the fang stocks josh brown, what are you expecting here lets start off with facebook . I dont think facebook and netflix have anything common if youre long facebook dont look what went on with Netflix Facebook is a singular story the stock is telegraphing everything you need to know about how strong the quarter will be. The main concern that hang over this stock have nothing to do with fundamentals or ad rates or user rates i really think its about how bad do we think the next round of fines and or regulations will be i would point out, though, historically those things have actually been positive catalysts. It makes you upset to hear but every Time Facebook announces they settled or paid a 5 billion fine the stock adds 4 market cap the street loves when theres finality of it thats
With us. I am laura garcia. I am marcus washington. We want to welcome Millbrae School District for their first day back to class. A big day for the teachers, students and parents out there. Its the first day of fourth grade. Take those pictures. That was me yesterday. Mom you got to capture the moment. It goes by so fast. It does. I cant believe summer is over, but it feels like summer. Labor day, right . Officially. Yeah, we will have warm temperatures and also the first day of school as you head out this morning for the Millbrae School District. Its in the low 60s at drop off time and at pick up time, the low 70s. A good day for a first day. Temperatures will be warm and feeling like summer with concord reaching 88 degrees. San francisco will be in the low 70s. We are going to see big changes ahead, and theres a lot we will talk about in weather, and thats coming up in a few minutes. Mike, you have a clash in san jose. Yeah, we have seen slowing where that crash was reported a few m
Come to Little Saigon feeling forgotten. Businesses in one Community Says the crime has no signs of letting up. Also, one east bay School Finally saying goodbye to what some call a controversial mascot, but its going to be a minute. Details on the latenight vote signaling the end that an era. This is today in the bay. Good thursday morning to you. Thank you for starting your die with us. I am laura garcia. I am marcus washington. We will get a look at the commute with mike in a bit, but first lets get to kari hall. Its going to be a few degrees lower compared to yesterday. Instead of upper 90s, how about low 90s today . We continue with the elevated fire danger as well due to isolated storms that may fire up once again in the bay area. We will watch at the impacts it will have further to the south. And we are reaching 77 in oakland. Hayward, 81 degrees. 71 in San Francisco. San jose will be in the mid80s. We will talk about the weekend coming up. Mike, how is it looking in the south ba