Expiring ones. The dollar index in weakness, 1200 right now and continues to slide down over the past four weeks. The dollar moving average 200 day the lowest average in recent weeks. Citi says looking at a 30 possibility that gold will get to 2000 an ounce in three to five months. Stocks rebounded yesterday after slumping 5 . China up 1. 3 , turnover has receded from its highest levels since 2015. The hang seng up 1. 6 , biggest increase since july 6. Tencent adding 5 . Alibaba is the one to watch, surging 5 . Ant financial look at where we are in terms of the Southeast Asian markets. China up by 0. 5 . Sti up 0. 7 . Theaad we also have European Union leaders running a policy marathon as there planned two day meeting to pass a massive Recovery Fund. In the u. S. , republicans and democrats are starting to hammer out a budget plan this week. Our policy editor Kathleen Hays is with us. In both cases, agreeing on a we are getting some murmurs of an agreement. We certainly are, and we kno
On fox business. He will be talking about the jobs numbers, about the stimulus plan, if we will get one or if the president will have to pull the levers himself without congress. 30 minutes from now, larry kudlow. Well also ask about President Trump issuing those executive orders banning u. S. Transactions with wechat and tiktok. Shares of tencent, lets see, tencent is down about 6 right now. Well see how things are going. Futures, by the way, are down about 73 points. They had bumped up into the green from triple digit losses earlier when we got the jobs report, but they have settled down a little lower. Again, a lot less than it was earlier this morning, before the jobs number came out. As President Trump threatens executive actions to get another round of stimulus as democrats are stonewalling any compromise. We are also going to be weighing in on the market trade worries as the president signs a new executive order reimposing 10 aluminum tariffs on canada and that crackdown on Chin
Foggy and a little cooler inland. By the way, an electric car company headed by the former vp of engineering at tesla is boasting that its latest vehicle cant drive more than 500 miles on a single charge. It outpaces other electric cars on the market today including the tesla model s longrange plus. Car has an epa rating range of 402 miles. The new car is expected to come out on september 9th and will be produced in the companys arizona base factory. The first models will be delivered early next year. Lets welcome back trent garcia who had the day off. I think the three of us have not been together for a while. So welcome back. You know what, sometimes grand matters and i think people who want a tesla as good as his car, they are probably getting a tesla. Okay. It sounds like that when i was in middle scarf 500 miles is a long way to go. Thats like starting at home in the bay area and driving all the way down to san diego without needing a charge. I know we talked about range anxiety a
Survivors of the massive beirut explosion demand answers as they mourn their losses. Were in lebanon with the new information on the blast. And Michelle Obamas candid comments. The former first lady speaks about her own Mental Health struggles and the pandemic and racial strife. First, heres todays eye opener. Your world in 90 seconds. It will go away. Thing goes away. Absolutely. Its no question in my mind it will go away. Chicago Public Schools will start the school year with all Remote Learning. The fact of the matter is, we are seeing an increase in cases. Investigators probing that massive explosion that tore through beirut. Teyre focusing on possible negligence. It was a nightmare. We felt that for the first time. A wedding photographer captures the exact moment a massive explosion shook beirut. Lawmakers have yet to come to an agreement on the next Coronavirus Relief bill. Well sit and work and work until we meet the needs of the American People and get this job done. Millions a
The companys intelligent cloud bids that including azure, windows, posted 13. 4 billion in revenue. That beats consensus by a bit. Azure slowing up a bit. Ceo had a question about that and the companys growth on last nights call asked whether or not he is concerned about it my own approach to this would be not to worry as much about shortterm whether or not it is the growth number, im not trying to match an artificial number i think the world will come out of this and it will be stronger when we invest in this space. An ad spending slow down, and they closed that acquisition four years ago right now the Gaming Business had record engagement. People stayed home and they played they call itd a breakthrough quarter for gaming, guys yeah, xbox and surface two were nice surprises. The other big earnings move in tech is twitter. Lets get to Julia Boorstin on that yeah, twitter grew, growing their monetizing value from the year earlier quarter the addition of 20 far exceeded expectations and