Fourday losing streak joe said it. Youve got nike being a big gainer there nike is responsible for about 100 points of the gains. S p futures up 13, nasdaq up 41. Nasdaq was the big gainer. Facebook up about 3 these are the ones that moved so quickly those are responsible for so much of the gains it looks like the 10year seems to be yielding right around drum roll please all right, im going to say 0. 66 becauses that where it has been all right. 0. 67 last night, the house passing a bill to fund the government into december and avoid government shut down clearing the house by an overwhelming majority now heads to the senate where it is expected to pass they want to get past the shut down to focus on passing more Coronavirus Relief that is a little less unclear about whether Something Like that will happen joe . We mentioned nike doing well. Premarket doing pretty well beating estimates of 47 cents. Online sales rose and the company gave guidance for 2021 expecting sales in high Single
Becky is off today. Looking in the green nasdaq to open about 78 points higher and looking to open higher as well also 22 points higher. Also treasury yields youll look at the 10year note at. 681. We have a lot going on today on the data front, details come at 8 30 eastern. Breaking news overnight. The House Transportation Committee issuing the final report on the 737 max list the failures that led boeing to design and the faa to approve the software that contributed to two crashes. Around the Safety System called mcas accusing boeing of concealing the information. Including concealing the existence of mcas from its pilots boeing says it learned many hard lessons as a company from the accidents and from the mistakes we have made as this report recognizes, we have made many changes to our company. They expect to get 737 max back in the air in the Fourth Quarter. Congress is expecting legislation to review the safety reviews of new plane models. Reporting that there was no singular mista
With the dividend although it will be far lower than last years. Hong kong media tycoon released on bail. His broken National Security laws beijing has branded him guilty. Breaking news out of south korea. We are getting Unemployment Rate numbers, and again, surprising to the upside. They fell to 4. 2 in the month of july, this after surprising to the upside the previous month, falling to 4. 3 in june. Of course, we have seen more job creation efforts. In fact, we just heard from south koreas Ruling Party Leader saying south korea will actively consider a fourth extra budget if needed. South korea has already pledged more than 225 billion in stimulus measures or roughly 14 of gdp to help put a floor on the jobs market, and right now, the july Unemployment Rate falling to 4. 2 . Lets turn to the markets and bring in Sophie Kamaruddin in hong kong. What are you watching . Korean alongside the jobless numbers, we are waiting on Australian Consumer confidence, due out later this morning, a
Posted 70 decline in operating profit the ecb urges banks to maintain the band on dividend payouts until the start of next year adding remuneration should also be mod rated speaking to the chair later on cnbc a trillion new stimulus plan puts republicans on a collision course over cuts to Unemployment Benefits saying america has 1 foot in the pandemic and 1 foot in the recovery the senate have been consulting to come up with a realistic proposal with what we think is an appropriate amount of Additional Debt to be added to the economy at this time. A warm welcome to street signs, everybody. One of the biggest movers this morning is in the auto space the psa group has fallen to 84 . The french carmaker said it will maintain 4. 5 operating target predicts a large rebound nor the second half of the year. Lets get to charlotte with more psa shares reacting very well to this set of results. What is so encouraging that we heard this morning good morning. You said it is all about the margins a
Children and either a hired tutor or a apparently taking turns. This after what was a challenging Spring Semester for most. All of these children we saw in the Spring Semester this year were failed by the state of california in its educational plans. Reporter the attorney has filed a lawsuit against Governor Newsom calling for governor schools to reopen this fall. Thats not a decision that the state can or should make. Reporter she is advocating for parent and teacher choice. Shes an rnc Committee Woman for california. She insists politics are not at play here saying she has spoken with parents and teachers across party lines who say Distance Learning doesnt work. Even parents with the motor motivated and academically Successful Children reported depression, anxiety, withdrawal, behavioral issues, a lack of motivation. She said her son has a team when he returns to school. Special education students, it is dangerous and profound when their students are cut off. Reporter this person who