Texas and louisiana preparing for laura to makela landfall asa possible cat 3 hurricane and facing new head winds of a pandemic and the end of an era. They start the end of a new slogan as Everybody Needs to keep their hands out of their mouth. This is Worldwide Exchange on cnbc good morning good afternoon good evening im Brian Sullivan thank you for joining us on a busy tuesday we have to start with the markets and your money despite whatever news there is out there, the money flowing into stocks just does not stop futures higher, maybe on possible headlines of u. S. china trade talk front all of this coming after yet another record setting rally s p 500 closing above 34 time higher and nasdaq hitting 37 records for 2020 the dow, now less than 1 away from break even on the year. Could get there today with the way the futures are looking. Speaking of the dow, there are big changes coming as announced late yesterday three stocks in. Three stocks out sales force will replace exxon mobil.
Profit increase as iron ore holds up amid the pandemic. Relations go even further. China says attacks on tiktok were bullying and rejection of fair competition. Shery lets get you started with a quick check of how the markets are trading. U. S. Futures opening flat after the s p 500 and other major indices ended the session mixed. We had a rally in Technology Companies with the nasdaq gaining 1 . Selling off sos the s p 500 was dragged a little lower. Still closing at the highest level since february. The third time in the past week that the index topped above its february closing record during the session, but ended below it. Still up more than 50 from its march low. We did get more positive ecodata. A gauge of Builder Sentiment jumping to the highest since 1998. Take a look at oil because that positive sentiment over the economy taking oil for a five month high, all the right now under pressure. Wti now headed towards 42 a barrel. See how things are shaping up, here is Sophie Kamarud
The german chancellor says the cost are two great. 00 too great. Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. This is what markets are focusing on, partly what Angela Merkels, partly Emmanuel Macron. Let me go through the impact heavy on the markets. Areou look at stocks, they really fluctuating after data from the economies here in europe, and that is really costing casting doubt on the resurgence virus infection. We have french manufacturing unexpectedly contracting in august. Highlighting the need for further stimulus. I am also looking at offshore to extend less than six months, seven months, actually, when china market from the pandemic became one of the worlds fastest. This is what we are getting in terms of pmi out of the eurozone, expectations or certainly there in mind with what we were expecting. Barring 50. 1. Coming up later, everything you need to know about Exchange Traded funds. Iq europe is back. Exchange data funds. Pmi w
10 cent and boasts 1200000000 users mostly in china now the app is however widely used for professional and personal communication between those in china and elsewhere now theres a lot to go over so lets get some expert analysis cohost christine and hilary ford which board member of the British American Business Association thank you both for joining us today now christiane i want to start with you i know weve talked about the tick tock angle of this at great length but what do you make of adding to the tech war between the u. S. And china and what impact will this have on some of the American Companies that we chat owner 10 cent actually has a stake in. Is actually only a matter of time before we carry even ali baba with targeted attacks because the cold war is really escalating the sea has a relationship and train between the u. S. And china and its breaking down even further so it would be naive to think that this would only. Effect qual way last year so as part of this new Clean Ne
10 cent and boasts 1200000000 users mostly in china now the app is however widely used for professional and personal communication between those d in china and elsewhere now theres a lot to go over there so lets get some expert analysis from boom bust cohost christine and hilary ford which board member of the British American Business Association thank you both for joining us today now chrystia i want to start with you i know weve talked about the tick tock and all of this at great length but what do you make of adding to the tech war between the u. S. And china and what impact will this have on some of the American Companies that which as owner 10 cent actually has a stake it. Is actually only a matter of time before we carry even ali baba with targeted attacks because the cold war is really escalating the sea has a relationship and train between the u. S. And china and its breaking down even further so it would be naive to think that this would only affect hollande last year so i. Pa