Week and its not just the dow, this is the best week for the other two major averages as well in seven months. Now to the election of what we know as we come to you at 4 00 oclock in the afternoon on friday, we still cannot call the president ial race and four key battleground states, pennsylvania where we are is one of them, were watching nevada, georgia, north carolina, uc alaska is still not called but that is suspected to stand up in the president s call, if the other for we are watching, pennsylvania, the big headline from the state, former Vice President joe biden taken the lead earlier today as a mailin both cumin, he is up by more than 14000 votes, the same thing happened overnight in georgia, as we look at george of the biden lead has been smaller but he has taken the lead by 1500 votes. We will follow with throughout this hour as we have you covered on all fronts, we have fox Business Team coverage, jacqui thJackie Deangelis, hillary vaun with abiding campaign in delhi were p
Predictability. Strong winds blanket the bay haze fromdark, thick wildfires throughout the state, rolling blackouts as firefighters prevent more fires from breaking out amid extreme weather conditions. Joining us now in new york city, bloombergs abigail doolittle. I hope you have clearer skies than we do today. I want to talk about the tech rebound, the biggest rebound after the worst stretch since march. Saying you nailed it the only certainty is volatility. That is going to continue, it seems the worst stretch since march, and then today, the best day for the nasdaq 100 going back to april 29. The big question is whether it will last. Will investors continue buying the dip, knowing what they know about options volatility going into august . You jump in that huge down. Apple and tesla, certainly a good day for each. Apple, down 4 , excuse me up 4 today after dropping more than 10 over a few days. Nothing changed in that story. That tells you the degree of hesitancy, uncertainty on the
20. 5 in a data set thats never been more than 2 million in a single month, numbers we never expected to talk about no. The numbers are just completely and totally shocking not unexpected however given the carnage thats taken place in the economy over the last month as we locked everything down those lockdowns ending around the country. Things starting to at least normalize in some states the question will be of the 18 million workers who describe themselves as a temporary layoff of that 20 million, how many really will get their jobs back is a key given the markets reaction today, there seems to be an expectation that most of them will that will remain a question over the next many months as we hope that the economy does start to return to some semblance of normalcy mike, lots of internals to dig through here average Hourly Earnings show a chasm between lowerpaid employees in the country and those with higher wages who, judging from the data, lost their jobs at a slower pace. Yeah, no
Goldman says the coronavirus will hit prospects for copper, as Chinese Industrial action is in significantly below capacity. Anglo american starts a busy week for commodities earnings today. The curse of monsanto. In the midst of the roundup scandal, bayer faces a potential multibilliondollar lawsuit over a second weedkiller it inherited in the 2018 chemicals megadeal. Just under an hour away from the start of cash Equities Trading across europe. We will take a look at futures this morning. Acrossseeing gains europe and u. S. Futures. We still have a wild to go until the u. S. Opens, but we have decent gains in europe. Dax of more than one third of a percent, ftse futures up. 25 this morning. We also seeing gains in the u. S. , although we have solid a seven a solid seven hours until he open up over there. And dows p, nasdaq, jones futures all gaining this morning. We have breaking news on china. China is delaying its annual npc npcing according to chinas going to review the possibilit
Collapse of the iraqi state when extremists who were held by the americans set free. Ukase imposing when extremists who held by the americans set free. Ukase imposing a moratorium on fracking the gas extraction technique thats linked to worth quite an environmental issue moratorium on fracking the gas extraction technique thats linked to worth quakes and Environmental Issues but critics more than. Just an election tactic. But critics more than. Just an election tactic. And theres still no end to the unrest continues to boil. And theres still no end to the unrest continues to. Vent their anger at a government they claim is failing. Vent their anger at a government they claim is failing. Your company this is our to. Have you company this is arctic. Foreign minister claims islamic states former. Foreign minister claims islamic states former leader was the creation of washington the us killed Abu Bakr Al Baghdadi in an r. V. There was the creation of washington the u. S. Killed Abu Bakr Al