The 27,700 level. Remember, it was 18,000 on march 23rd. The s p, what, nearly 3400. New alltime high. The nasdaq well over the 11,000 mark. Who would have thought of that. Add it all up and yes, we are now in a brand new bull market. Heres another reason for the rally. Terrific performance from major retailers, target, out today with a blowout report. Online sales nearly tripled. It was targets best overall growth rate ever. That stock is going straight up. Add this to the numbers from walmart, home depot and its clear the major retailers won big by staying open in the lockdown. Really, though, kind of tough on the smaller operators. Got to get to it. The convention, boring in my judgment. Tv ratings way down. Wheres the excitement . Everything is on tape and the whole thing lacks the spontaneity of a live crowd. The performance of the old guard, bill clinton, john kerry and a grim chuck schumer. The bright spot was aocs oneminute appearance. She nominated Bernie Sanders. The democrat
To break trump has yet the stimulus long gem. Softbank backs the virus handed record losses in may at a drop of the value, some may change with earnings later. Lets get a quick check of how the markets are trading. We are seeing u. S. Futures under a little bit of pressure, down 1 10 of 1 . We have President Trumps executive actions on stimulus measures boosting sentiment. That weighed in indices. The s p 500 saw the highest close in sixmonth in the longest winning streak since 2017. Aska futures at the moment japan comes back from mountain day holiday. I mentioned softbank earnings coming back later. The japanese yen Holding Around the weakest in more than two weeks. The bloomberg dollar index unchanged at the moment. This after it touched a oneweek high. Watch out for some data this morning. We are getting south koreas 10 day trade data. We are getting japan numbers, not to mention singapores final gdp numbers. Crude headed towards 42 a barrel after gaining the most in a week after s
Turkeys president says it remains open for all. And running out of oxygen in bolivia relatives of covert 19 patients are having to get their own supply. Back into the program chinas been accused of using its Diplomatic Missions for widespread spying across the United States and the u. S. Justice Department Says the consulate in houston was one of the worst offenders chinese staff are moving out of that consulate after washington told beijing to shut it down the u. S. Says its to protect American Intellectual property trying to Foreign Ministry called it an unjustified act and in retaliation beijing has ordered the american consulate in the southwestern city of chengdu to close and chinas most senior diplomat has blamed the u. S. For all of the current tension wangi says he still hopes that china and the u. S. Can reach a solution which benefits both countries well with more on these developments. On the chinese story and the research as arrest in. In the u. S. We can join our White Hou
S p 500 few you ares up 15 the nasdaq with a gain of about 1. 7 all because of what is happening with four big horseman check out shares of apple, facebook, alphabet and amazon. They went before congress two days ago and came out with earnings that knocked it out of the park on every one of those counts three of the four are trading sharply higher apple up 6. 1 , facebook up 5. 8 , amazon up 5. 4 alphabet did beat earnings estimate did post the first revenue decline and is down 0. 67 . More on those in a second. Lets kick it over to wi will everyone wilford. Good to be back extraordinary numbers, as you said well discuss those in a moment. First check out this mornings agenda as we are closing out the week well bring you results from cat, chevron, exxon and merck. Kol gate, underarmor and others. The late day of july lets check out the market score card owl three major indices on track for the fourth straight gains. Nasdaq the big oner up 18 month to date up 5. 2 . This past week, back
Now on bbc news. Its hardtalk. Welcome to hardtalk, im stephen sackur. The roll out of covid 19 vaccines has boosted hopes the virus can be tamed, but it will have to be a worldwide effort if its to be effective, and right now the signs are not so good. While tens of millions have already been vaccinated in the rich west, the worlds poor are facing a very long wait the phrase Vaccine Apartheid has already been coined. My guest is the chief scientist at the world health organization, dr Soumya Swaminathan. Is Vaccine Inequity undermining the fight against covid . Dr Soumya Swaminathan in geneva, welcome to hardtalk. Hello, stephen. Thank you for having me. Its a pleasure to have you on the show. Lets start with an overview. Is there any reason to believe that we are getting on top of this Global Pandemic . Well, one year ago, the Director General of the who announced that this covid 19 was a Public Health emergency of international concern. That was on 30 january, 2020. And he said that