Billionaires index. Raise 30 5ting to billion in hong kong and shanghai. Aviation in australia. Alice springs emerges as the ideal place to store passenger planes left idle by the coronavirus. Shery. Shery breaking news out of south korea. We are getting the preliminary thirdquarter gdp numbers and we are seeing the quarter on quarter the economy has grown 1. 9 , which is beating expectations of 1. 3 and this is also coming after its first recession since 2003. We saw a contraction of more than 3 in the previous Second Quarter. Youre on your, still a contraction of 1. 3 but its a much smaller contraction than was expected and it is also a contraction that has eased from the previous quarter. We have seen growth and strength when it comes to south koreas exports and manufacturing industries. Thirdquarter manufacturing actually growing 7. 6 quarter on quarter when you look at the details in the gdp numbers. We have seen the rebound in china. South koreas biggest trading partner helping i
Shares of boeing helping lead the dow higher following positive comments from a top european safety regulator about the future of the 737 max. More on that in just a moment. Boeing is up about 3 . The s p up around a percent, close to that at the moment, 59 minutes left, sara. Coming up on todays show, shares of Kansas City Southern they have held up relatively well this year ticking lower on the back of earnings today we will talk to the railroads ceo about those results. Plus we will talk about the impact the coronavirus is having on the world of sports with the ceo of a Testing Company they test for big 10 and pac12. The company is quidel. Their stock be that flying 58 minutes left of trade, mike santoli, megger theel and joining us to talk about boeing today is sheila kaiialo. Mike, the market strong. A gentle rise the market found its footing for the second straight day around the time the european markets closed in the late morning we have been trudging higher since then the s p
1. 8 trillion. And jobless claims disappointed the street coming in at 898,000. It was the highest rating since mid august. Rising coronavirus cases in europe and the u. S. Affecting sentiment. 59 minutes left of trade down only 23 on the dow. The european measures definitely weighed on european markets. We have improved since the european close coming up, we will speak with gregg lemkau about how the pandemic changed the m a landscape. Plus the ceo of zoom will talk about the companys efforts to branch out beyond video meetings and the stocks run thissier. Fir mike, lets start with you the Broader Markets well off the session lows. A resilient showing throughout the last few years. You mentioned the market lows in the u. S. Were just before the european close perhaps that was one of the bigger pressure points, the overseas action. Where it has taken us though is really hasnt disturbed much of the trend. This is this area. Last week we broke above this range we have been in for a while
Digital sales. More on that in a moment some hope on the vaccine front as well to mention j j entering trials with 60,000 volunteers though cases rising in many states here and abroad down 450 points. A sharp selloff in half an hour as kelly and frank were discussing on the show well speak with Ceo Marc Benioff well discuss how the pandemic changed business and his thoughts on oracle and tiktok deal plus more walmart is hiring tens of thousands of workers well speak to fubu founder and shark daymond john the stories were watching, mike santoli tracking action, sara with a look at nikes quarter mike, lets kick things off with you. Down 2 on s p. It seems as if really this rolling correction period in september has Unfinished Business to it didnt seem news driven though incrementally coming into the week, weak seasonal patterns a general sense if you were talking about an economic recovery, you werent getting fresh confirmation of that day to day of course nasdaq is in sell the rallies m
As well as declines in cases across the u. S. Not just big tech winners, jawdropping moves for individual stocks. Roku up 11 . Dicks Sporting Goods up 15. Urban outfitters up 20 weve got them all covered for you. 59 minutes left, what is set to be another record close for s p and nasdaq all we need is a positive finish kayla, welcome. Thank you, sara thank you for having me. Feels like record finishes every senile day we have a great lineup of ceo interviews coming your way on the rest of the show well me with the head of Toll Brothers about his companys strong Earnings Results and whether the Housing Market can keep topping expectations over and over again plus shares of crocs you heard me up. Up 300 just since march we will ask that companys ceo what is driving the foam footwear boom. And also the ceo of etsy says amazon is trying to wipe out its competition by supporting a New California Consumer Protection bill he will join us to discuss that and much more. Its a big show today. Bu