You can track the temperature in direct. Its a good old boy trade. Yoeiborhood on our excessive heat warning in the pink color. Near the bay and the coast website. Click on microclimate weather they had found images like kkk, youre in the orange. And enter the city and zip code. And thats where the heat advisory. Thats going to mean for the bay and the coast, 70s and 80s. Nbcbayarea. Com. Switching gears to the hang men. Coronavirus. Another grim day in the bay areas fight against it. Gabriel who is also a pastor near the bay, 85 to 98 and for we told you about the record the inland valleys, 100 to 110. Number of covid19 deaths. Said someone drew as far as and new numbers out from yesterday and it surpassed that record. Lets show it to you right here. Disappeared. It made me feel like trash. It shows the number of daily im not there to defend my have tomorrow morning plenty of upper covid deaths. On wednesday, it was 30. At that point it was a big 60s. By 1 30, upper 90s and low 100s.
Decline, 1. 54 . Up morestens spread than four basis points. Again, nvidia is one of the top performers today in the s p 500. Its having its best day of 2019, in fact. Analysts see gained strength. Guy as youve just shown us, equity markets a little higher today. As we were hearing at the back of the last program, no big headlines today. The market feeling much more stable, and a more stable session on both sides of the atlantic, but what a week it has been. The stoxx 600 in europe down, down, down, getting a lift today. We are down 8 10 of 1 on the week. Lets show you some other asset classes. The german tenyear kind of stable today. We are moving by one basis point , still 70 at the front end of the curve. We are watching may be an effort to unseat boris johnson. The market likes that, up 6 10 of 1 . Dkk, the danish krona the danish kronor, because apparently the u. S. President wants to buy greenland. Vonnie financials had a bit of a tough time as rates have started to come down, an
As the British Asset manager posts 16 billion pounds worth of outflows in the first half despite some strong market gains. And china sets its yuan fix at a slightly weaker than expected level, the trump team plays down fears of a drawnout trade war. The nato secretarygeneral tells cnbc the tension goes beyond trade. We need to assess security consequences for all of us of the rising military power of china and also see that china is coming closer to us in europe, in africa. A very warm welcome to street signs. As you can see, a fragile calm taking hold of markets today in europe this follows a mixed session in asia and a rebound on wall street the stoxx 600 trading about 0. 7 higher the calm really has come on the dak back of stabilization in the yuan the pboc fixed the Reference Point for the yuan slightly weaker than expected, but overall no more escalation in the u. S. china trade tensions and currency tensions. We have plenty of corporate earnings coming through today in europe let
Af reporting after the close today. And the one central bank cutting Interest Rates despite inflation. This as we an wait the latest fm the bank of england. First, amd and qualcomm coming up short and giving investors new reasons to worry it is thursday, august 3rd you are watching Worldwide Exchange here on cnbc good morning welcome to the show. Im dom chu in for frank holland. Lets check in on stock futures. Losing steam we are sitting at or near session lows for the futures market s p is implied lower by 15 points Dow Jones Industrial average lower by 100 nasdaq down by 60. You can see a sharp leg lower right around when europe just started trading and it has been drifting lower since here. We currently stand at 4,520 for the s p. This was all after a rough day for wall street on the heels of the fitch downgrade. Nasdaq posting the worst day since february right now,. 50 to the downside. S p down 1 . Some conviction in the move lower based on volume. By the close yesterday, spy clos
Mining fees set to surge after china crack down on bitcoin operations. Another day, another on bitcoin, right . We cant stop watching the cryptocurrency markets, but so watching lots of Economic Data. I want to just point out one that we had this morning. Jobless claims spiking tota threemonth high. Guys, take my chart. 5444, these numbers can be quite volatile. N september, those jobless on the backrose of the hurricanes. However, as you can see, relatively low still against the back drop of what weve seen in the last few years, isnt really any that there is a turnaround here in the jobs market. This tight labor market es to get tighter and tighter which means, of course, well continue to hiking rates. Yeah. That we n the fact past now eform what does this mean for companies . Saw walmart with news of raising the minimum wage to 11 per hour. Tight in the you cant t exactly add more jobs but aising wages, that will be ey, although there are a lot of questions, how much will that add to