Lot of panic just yet. Nifty futures in the positive in singapore. But see how other markets are faring. Jakarta coming online. That is 1. 5 lower in indonesia. We are watching chinese stocks under a bit of pressure. As we see shortselling on these local exchanges, reaching a record. Hang seng down 112. Hsbc and Standard Chartered having another bad day. And the kospi as well, 1. 5 lower. As take a look in terms of what we saw overnight. The dollar very much in focus. The biggest gain in three months surged on this haven buying. We see real yields are higher. Those things have stabilized a bit. Did see brent crude actually, wti falling from 4 overnight. Gold is hovering around 1916 and silver really took the biggest hit yesterday with the fall of nearly 8 for silver. Taking a look at fx, with that dollar, we are seeing negative reaction that comes across g10 in asia fx. You see the pound. Cultic concerns back in the forefront. We could hear more from boris johnson. The Prime Minister h
Company ipo in a year, if approved by President Trump. Is this ride hailer. Eeking to shore up cash haidi lets look at how we are setting up for the final trading session of the week in asia. After a pretty lackluster session, we had u. S. Stocks passing some of those parsing some of those losses, still dropping for a second day but finding support after bouncing off the 50 Day Moving Average on the s p. S p futures seeing a little positivity on the u. S. Fridays session, about 0. 2 higher. Tax leading the client is apple, facebook and peppe microsoft are weighing on declines. We saw a Little Movement in treasuries as well. In asia, the nikkei 225 is seeing an upside, 0. 1 when it comes to futures trading in chicago at the moment. Dollar weakness yen strength will be an issue, the. We have the yen appreciated to the strongest level in six months across broad dollar weakness. The u. S. Dollar index falling for a fifth straight session. We are also keeping watch on the dollar and how it
Now were well off those worst levels as tyler and kelly were discussing financials and industrials are in the green tech though does continue to lag even though it is bouncing back. Sara, were well off the lows but in the red just about. And in the red for the week which breaks the five week win streak plus, turning the page well speak with Mark Thompson whose tenure comes to a close as of tuesday that stock climbed more than 400 under his leadership. And the ceo of Hawaiian Airlines will join us after his company scrapped change fees and hawaii struggles with increasing covid19 cases mike santoli tracking the selloff and the come back in the market josh lipton has details on a volatile day for apple and joining us to break down the moves in technology, dan niles from april hl one capital. Start us off here on the Broader Market and what you think is important. Yeah. Sara, a pretty good little day and a half rinse that we got from the highs on wednesday. Look at the s p 500 in the shap
Some good news for tomorrow. Tomorrow will be a few degrees cooler than today au gres. But it will still be hot. Hot enough we are looking at the excessive heat warnings and advisories. Two colors on the map. The pink is the excessive heat. The difference is important. That only applies over here, pleasanton, san jose this is where the heat is more serious. This is 108. We talk about extremes. The excessive heat use a significant rest of heat related illnesses of you are not in the air conditioning and hydrating. This is the heat advisory in the day. This is in effect until 9 00 tonight. The National Weather service will probably extend this. This is about 1 degree of importance below a heap morning. It is still you have to read the fine print, theres still a risk of illness. This goes well into next week. I will show you that coming up in a bit. Look what else is on the weather map. A lot of lightning. That ties into a red flag warning for us. Coming up, we will put that red flag warn
How apples shakeup is driving the blue chips plus the online surge, best buy notching is 242 gain in ecommerce sales in the Second Quarter but can it last . Trade optimism, u. S. And china officials reaffirming their phase one commitment, the s p is poised to add to its record run. Jim, i saw you last night mentioning those changes to the dow and your general point was dont be fooled in thinking there is as much money indexed to the dow as to the s p. We said that last night, its been the theme all morning and theres been no sellers. One of the reasons theres been no sellers are the people who are now trading stocks in early hours have tremendous conviction in the face of being wrong its rather incredible because the hubris of these people they must think dow jones has a lot of money to it and it has to come out of exxon and into salesforce david, you have been at the forefront of the network in explaining the nature of the dow and you see this, too. Arent you shocked that even after w