Also this morning, are you ready for what could be the hottest day on record . There are warnings of travel disruption and and damage to health as the heatwave reaches its peak. We could hit 39 celsius, 102 fahrenheit, somewhere in the london area today. But the heat is not confined to the south east, i will have all the details later. Braced forjob cuts nissan prepares to announce more than 10,000 roles will go around the world , workers in sunderland will learn this morning if theyre affected. In sport, a historic day at lords as irelands cricketers mark their first test against england by bowling them out forjust 85 in two hours. Good morning. Its thursday the 25th ofjuly. Our top story borisjohnson will chair his first Cabinet Meeting this morning, after a massive clear out of theresa mays senior team. The new Prime Minister moved quickly to install brexiteers in key posts to help carry out his pledge to take the uk out of the eu by the end of october, with or without a deal. 0ur P
And thats whats driving the stocks of so many Big Industrial Companies Higher even as others sell off in a bizarre confluence of good and bad news thats mirrored in todays action with the dow struggling to stay positive, up just two points. S p dipping 0. 26 and the nasdaq getting crushed, down 1. 05 . In the last 24 hours, president elect trump has announced a bunch of probusiness cabinet picks while to spare jobs that would otherwise be lost to mexico. The result is that the markets anointing a whole new group of stocks, rotating into them while slaughtering others. So i want to explain why thats happening and how you can profit from it. So lets trace the narrative. First the picks trump announced today, Steve Mnuchin as treasury secretary, wilbur ross as commerce secretary, sent a huge message. People who are probusiness and thats who this administration is going to be listening to. Progrowth, projobs. Now, close viewers of this network know that wilbur ross is a pragmatic, crafty b