Tiktok launches a legal bid to stop President Trump from imposing a ban in america. He says the app is a threat to National Security and tiktok says the bands peer politics. The president marks the official nomination at the Republican National convention by criticizing mailin voting and saying the opponents his opponents want to steal the election. Shery u. S. Futures are opening flat after solid gains for u. S. Stocks in the new york session. Record highs for the s p and the nasdaq. We had optimism over vaccines and treatments for coronavirus. The s p 500 saw most of the sectors in the green. Small cap biotech got big moves from the authorization of convalescent plasma for treating covid19. Vaccine developers tumbled on this new focus on plasma treatment. The dollar weakness we saw earlier in the session did pervak. Did pare back. Look at what oil is doing. It rallied and gasoline surged to a fivemonth high at the moment under pressure headed to the 42 a barrel level. Laurae storms m
Candidate for president of the United States, joe biden. We also reaffirmed our values as a party, a party of resilience and hope, empathy and inclusion. Ups is a party that fires me as a young man in the city, registered voters with the Student Nonviolent Coordinating Committee in a mississippi delta, and campaigning for the United States house of representatives. Its the party that taught me that Public Service should serve the public, even when your opponents call you names like nasty or slow. I know call this Third Session of the 40th quadrennial National Convention of the Democratic Party to order. Now lets get this show started. And now, live from wisconsin, please welcome governor tony evers. Folks. Evening, i am tony evers, and i am incredibly proud to be the 46th governor of the great state of wisconsin. We were really looking forward to having you here in americas dairyland. Unfortunately, the pandemic means we cannot do that this year. But what unites us is far greater than
Feeling that this was unfinished business. Lbj deserves all the credit that he later claimed for piloting, navigating, guiding the civil rights bill to passage in july of 1964 when he signs it. But i think kennedy deserves credit as the kennedyjohnson bill. It had cleared the house of representatives by the day jfk was killed. Jfk had made alliance not with democrats but with midwestern republicans. He had reached out to them, and they were supporting it, particularly in the senate. He had gone to others. I think it would have gotten through. Eventually, it might have taken until 1965, kennedy would have gotten the civil rights act. But full credit to Lyndon Johnson for doing it the way he did, but i dont think he could have done it with the same success without the death of jfk. Thank you so much for joining us. The book is two days in june. It is a terrific read. I learned so much about it. By the way, it is beautifully written which is an extra bonus for people who like to read book
In terms of the euro, that is firmly in focus. European leaders meeting in brussels at loggerheads over how to rollout the plan. The offshore currency is essentially flat. The fix is essentially 6. 99. That is what the aussie yen is doing. The u. S. Dollar has ticked up 2 10 of 1 after a number of weeks of weakness. We can move it onto look at some of the commodities in the 10 year. A bit of concern about demand destruction for crude given the infection rate in the u. S. Florida, some policymakers saying the virus is out of control in that state. That will be a concern. 40 for wti. You still have this significant divergence between the 10 year, u. S. And china. Rishaad just getting some news from a motor company. It is secured funding from a variety of private equity companies. What it does show is chinese startups promising vehicles. Attracting funding even as we are seeing the industry having a rough time of it. This is leading to x peng saying the Company Managed to achieve the 400
Texas sees record daily infections. Walmart demand shoppers wear masks. Some of the most prominent have beenn america hacked. We will have the latest. Lets take a look at how we are shaping up when it comes to the futures session going into the start of trading this thursday in asia. Take a look at u. S. Futures pointed a little bit to the negative, flat at the moment for futures contracts after u. S. Stocks climbed to her than a one month high. We had renewed optimism that we are getting closer incrementally on this Virus Vaccine Development front, not just with the news on moderna, but also a rival set of trials being conducted in the u. K. , reporting some progress. We saw the s p gaining just shy of 1 and actually manage a drift back into positive territory for the year, albeit brief. Chicago looking modestly higher after the bank of japan governor , kuroda, provided some clarity albeit still a very dire outlook when it comes to the japanese economy but saying it was now past the w