Jakarta just coming online. Interesting when it comes to the hang seng, we are close to those session highs for the hang seng. Cathay pacific certainly one to watch. Spike onned that brief this governmentbacked rescue plan. We come back to earth a little bit. Still seeing shares elevated a little bit. Chinese stocks slightly lower. We missed on the Inflation Numbers. Small caps in china close to 20 higher from those lows we saw. India futures also pointing positive. We are watching the dollar as well. Down for nine of the last 10 sessions. A little bit of exception with the yen, 107. 79. The hong kong dollar still on the stronger side but kyle bass doubling down on his bet against the peg. We will see what kind of demand there is. Offshore renminbi pretty much unchanged right now. Haslinda lets stay with china. Factory prices continue to fall in may. The country continues to deal with the fallout of the coronavirus pandemic. Lets cross to selina wang in beijing. Break down the Inflatio
From tjx to l brands to bjs as they report sales better than feared. Coming up on todays show, the view from the south. We will speak with atlanta fed president Raphael Bostic about how reopening is going in his district plus, Scott Gottlieb has called Antibody Testing a game changer. We will speak with the head of quedel and we will ask how his companys rapid diagnostic measures are up to the traditional tests we talk so often about. As sarah said, lower 0. 6 but off the sessions low Mike Santelli is tracking a volatile day for the market. Joining us to discuss big money being spent in the race for a vaccine are Chris Meekins from Raymond James and meg terrell as always mike, lets start with you. Yes s p 500 pausing right below levels everybody is walking, 3,000 on the upside, right around the 200day average look at a oneyear chart of the s p, we spent most of last summer in this relatively narrow defined range between 2,800 and a little over 3,000. So it is familiar territory. I dont
The democrats failing at scoring political points on a border crisis they did nothing to fiction and they helped create. Criticism is growing about the democrats poor debate performance and their support of policies voters dont want. Democrats showing voters why politicians try so hard to get reelected. Because they would hate to have to make a living under the Big Government plans they want. Many questioning the democrats finally jump a shark . Showing voters they are not fift they are not fit to goves many contenders hit potholes. Former irnd counsel ken starr will join was a scorecard on capitol hill chaos. Robert mueller will testify before lawmakers in just a couple weeks. Im elizabeth macdonald. The evening edit starts right now. Lets get right to Edward Lawrence in japan with the latest on the g20 and that big meeting. President trump has held a jump of big meetings here. The president was asked a question about in the bilateral meeting would election meddling come up. The presi
The subcommittee convenes this hearing entitled safety of the u. S. Food supply continuing concerns over the food and Drug Administrations food recall process. Disease outbreaks from tabted food are an ongoing challenge. The centers for Disease Control estimates 1 in six americans, 48 Million People get sick from food bourn illnesses, 128,000 are hospitalize and 3,000 die. The number of multistate food illness outbreaks is increasing affecting greater numbers of americans, and the number of Vulnerable People older and immune compromised individuals is growing. The threat of food born illness persists even though weve gotten better at detecting and investigating outbreaks. And through the implementation of the hazard analysis and critical control point rules over the last two decades, cdc trend data indicates major reductions in the incidence of food borne disease. Yes the problem remains significant. When contaminated food reaches store shelves the fda is the publics last line of defen
Was on land. Five marines in critical condition. This is third major accident involving marines in the past three months. Two air crashes in mississippi and australia killed a total of 18 marines in july and august. New at 4 00, a supervisors committees has passed registration that would hide bar codes. Hd the reporter is live at city hall with the story. Reporter well, the bar code legislation is part of the citys war on car breakins. It is the most unique aspect of this war. And it falls right in line with police chief scotts vision. His focus. Which is prevention. Were seeing suspects who are organized, there are multiple groups. It is like it is the crime of the day. The crime du jour. Crime burglaries. So far this year more than 17,000 cars have been broken into. Some 3,600 more than the same time last year. And the thieves, theyre getting bolder. Richard hash moto is with the downtown merchants organization. He just breaks in nonchalantly and takes whatever and leaves. Theyre eas