Go from tech giants to taxi giants air travel slowly comes back the its a administrator will be here and the billionaire tilman. Hell tell us how the economy could get worse before it gets better welcome, everybody power lunch starts right now money cant coming out of the bond market. Those yields remaining pretty low. Rick has the bond picture. Well go to him on that. Bob has more on this market. The important thing is were at new highs intraday bp well see if we close there. We have our old Friend Technology stocks pushing the market forward tech, Consumer Discretionary but thats largely because of amazon and maybe sochl the ame of the s people the s p is going to have a hard time going down big. Kohls down. Gap down you see these declines this is not about the second quarter. This is about comments being made about whats going on in the third quarter. Look at walmart ceo. He said consumers are spending money but not at the pace they were in the middle of the quarter. Its off to a sl
Report the two hotel groups could be creating a tie up the dax reshuffles members to remove the Payment Company. We are going to speak to the ceo and cofounder at 10 45 cet Kamala Harris accepts the nomination of Vice President telling the Democratic National convention that the incompetence of the Trump Administration has left people afraid lets fight withconviction. Lets fight with hope. Lets fight with confidence in ourselves and a commitment to each other to the america we know is possible welcome back as we come back, let me tell you the Norwegian Central Bank has come to a unanimous decision should we move on . They decided to keep policy rates unchanged. The hold onraits doesnt give too much direction at this point. There was speculation as to the commentary we might get to the Norwegian Central Bank around the decision and continue to say the prospects for low wage growth continue to put pressure. It is unlikely well see more moderation and inflationary pressures later out here
Coming up, in a few moments, Global Investor mark mobius will join us. Chinese equities see a big week of gains they slipped a bit this morning. Shares of carnival jumping after they gave an update on the state of its business. Well speak with the Ceo Arnold Donald in a cnbc exclusive and Major League Season starting the season in florida. Well speak with the leagues commissioner about the risks and reward of taking to the field. We look forward to all that. Sara, up 0. 7 on the s p 500 lets start right there with the markets. The we have seen a big swing intraday futures starting off in the red. Hopeful signals then coming from gilead about the coronavirus treatment. Helping turn things around early. The company saying it was associated with an improvement in clinical recovery and 62 reduction in the risk of mortality compared with the standard care. Lets get to mike santoli tracking the moves in the names and sectors today. Yeah. Sturdy Performance Today solid week you would have tho
Outdoor restaurant dining. Were also hearing from new york Governor Cuomo this will follow pretty much what we have seen in upstate new york where eating establishments might not have instore dining but make room outdoors on sidewalks, what have you. People are back to doing what they love to do. If this happens in manhattan, that would be a very, very big development. Easier said than done in some locales because there are things like sidewalks. You cant flood that out into the street here but it is a positive development slowly but surely all the nations urban areas are foaling suit, eventually deshelterring and also, reminding those who do go back, you still have distancing rules to honor. Going to focus on the market just a second here, as stuart just told you. Boeing a big reason for what could be happening here but the fact of the matter were barely, barely up on the day here. I should point out the nasdaq 100 in and out of record territory. The nasdaq a little more than 1 1 2 to
Young says his dad took rambo out sunday night to play in the yard. A young man dressed in all black and riding a hoodie was riding a bike down the block. Rambo saw the bike and ran towards the fence barking. Thats when he was shot. The bullet was shot grazing his shoulder and heart and lung. It is so lucky for rambo. Rambo is currently being treated at sage in palo alto. Doctors say he will survive. Collin, who has been living in the neighborhood for the past 25 years saying there is no reason for anyone to open fire at a dog playing in a residential neighborhood, even in selfdfrs. Its unbelievable. Why would someone shoot a pet, a dog thats not bothering you . Why would someone do that . Young and his family are happy rambo survived the shooting. They have big plans when he comes home. He played it off so smooth. He has such a gold heart. Menlo park say their investigation is ongoing. Anser hassan, abc7 news. Robbers use a stun gun to help them steal electronics from a store in the p