In line. All about antibodies. Astrazeneca strikes a deal with the u. S. Government and do downplays President Trumps treatment saying large studies are ongoing. A lot of earnings in the week ahead Bank Earnings first. Apples big phone launch and amazon prime day and the retail impact from that and what it is actually going to mean for the stocks that you own. Carl jim, this morning i heard you talking with andrew a moment ago. Growing sense is we keep an eye on stimulus talks that maybe the market really has focused on the front burner more talk about antibodies and were going to hear what len told cbs in a few minutes. If you didnt know, carl, and you read the research this morning its almost like they got in a room and they said you recommend facebook and you talk about amazon and its your job to talk about alphabet its a concerted effort not a National Conspiracy but a concerted effort to take up every one of those whether it be amazon prime and the big 5g day for apple. But you ta
More on all of this massive stock market volatility with 59 minutes left of trade. Coming up in the show, were down 2. 5 on the s p 500 and we have a big show coming up for you today were going to talk about all of those things that you just mentioned. We have former cisco ceo John Chambers coming up were going to talk about the comments from President Trump about potential decoupling between the u. S. And china and you will not want to miss what he has to say he previously used to run major Multinational Organization that operated both in the u. S. And had a small part of the business in china and then on todays selloff, you want to hear from Mike Novogratz the ceo and founder of galaxy digital. He said there was a frenzy in stocks he called for major selloff and what do we have on our hands now . Well hear what novogratz has to say now. Lets get to the big stories that were watching. Mike santoli is tracking another rough session for the market phil lebeau is following major moves in
Francine welcome to bloomberg surveillance. These are your markets. A lot of focus is on the Corporate News and a lot of the focus on the data we have from the u. S. European stocks are pretty much unchanged. Technology stocks are better than expected. But some of them are still disappointed. If you look at it, a lot of it is stock by stock. Eurodollar at 1. 1134. And then you can see the pound at 1. 2428 after jeanclaude said no. Coming up, right here, we hear from the renault chief executive. That interview in around 15 minutes from now, plus, we speak to the u. S. Secretary of state, and later on, to the starbucks chief executive. All of that coming up and much more. Lets get straight to first word news in london. Governments need to pitch in with fiscal measures if conditions in europe keep deteriorating. That is according to mario draghi. He signals more monetary support in september buts comments suggest the central bank is getting close to the limits of its power. The outlook is
Capable of doing a lot of damage. So while the storms may be done, well give you a peak how fast they moved through the area between about 1 00 and 3 00. Theyre off the coast now. Cant rule out a few more showers later tonight because we still have to wait for the frontal boundary. But they will not be severe. Its all about the winds Going Forward and theres a peak at those high temperatures today. You can say goodbye to those as well. Were going to see temperatures dropping. As we mentioned, big problems today with the winds that gusted and took down normal tree to say. One of the biggest trees ive seen coming down on a house in quite a while is in the forest glen area and our Alexandra Limon is there, im really hoping that nobody was injured in this, those pictures are terrify to go. Reporter yes, fortunately. Not. Were in the forest glen neighborhood, not too far from Holy Cross Hospital and take a look at about, these huge oak tree was blown over from the neighbors yard on to this
Go. Another standout performance by a big name tech company, microsoft is the stock of the day going straight up. And that will make bill gates worth more than 80 billion. Its another big move by another company, mcdonalds going up three and a half percent moments from now. One last thing, according to real clear politics which averages polls, Hillary Clintons lead over donald trump is narrowing after a media aonslaut. You were not expecting that. Varney company is about to begin. You know, Cardinal Dolan and i have some things in common, for instance, we both run Impressive Properties on fifth avenue. [laughter] of course, his is much more impressive than mine. Thats because i built mine with my own beautifully formed hands. Its great to be here with a thousand wonderful people, or as i call it, a small intimate dinnerith some friends. Or as hillary calls it, her largest crowd of the season. I know hillary met my Campaign Manager and i got the chance to meet the people who are working