Good morning, im in today for Brian Sullivan lets start off with our your money and the Global Markets are shaping up on this monday morning. The dow will be higher by around 90 or some points. Gaining some ground in the past few minutes. You can see the s p higher by 4 points and the nasdaq rarely an underperformer now you can see implied open lower by 16 points now this is coming after solid gains for the major indices last week more on that in one moment here. Turning to the bond market as well, the yield on the benchmark ten year Government Note or just around 56 basis points the two year note yield about 13 basis points and the 30 yearlong bond a hair below 1. 24 or 124 basis points taking a quick look at the price of gold as well, remember, hovering around the record highs. That key one to watch, the last trade there, gold futures up about three quarters of 1 lets go worldwide karen is in london in the newsroom what can you tell us about the trading there. Seeing those u. S. Futures pair some of their gains in early trade has been fairly significant for the european markets in the early start of this session we saw nearly 1 and thats translated to just over. 1 . Positivity on the german stock market has given away to losses by a quarter of a percent. This is also unusual where the german stock market is typically its one of the leaders. Early gains up too on the French Market now you can see him ahead. We have light gains too for the italian stock market so playing out here at Start Technology has been weak and also tick to be. Along the Technology Space today. You can see its one of the weaker components of these european markets this morning. Elsewhere, some of the other sectors trading weaker as well was one of the sectors that had flashed up red and then it is now down close to. 5 . But positively coming through as we saw a slight easing of the deflation situation. A chinese economy that held basic resources. Its moved ahead. 8 oil and gas encouraged by comments from the saudi aram aramco ceo auto makers have bounced very strongly on the back of the news. Thank you very much for that update now lets get to a look at the mornings top stories here and a brief milestone in the outbreak in this country. It surpassed 5 million cases they confirm since the outbreak began. It comes anear growth. 54,000 new infections a day over the course of the last week. Amaid the milestone, President Trump over the weekend signed several executive orders aimed at extending Coronavirus Relief. They extend Unemployment Benefits and provide a payroll tax holiday among other things trump making that move after talks with Congressional Democrats fell apart on friday criticizing them over those failed negotiations. We have stated our willingness providing expanded Unemployment Benefits and protecting them from evictions and providing relief payments to families democrats have refused these offers they want to negotiate what they want is bailout money for states run by democrat governors and mayors. And tiktok is planning to sue the Trump Administration as soon as tomorrow. Thats according to npr. The potential move would follow the president s executive order banning u. S. Transactions with tektoks parent company. Meanwhile, twitter has reportedly held preliminary talks about a potential deal with tiktok over u. S. Operations that comes amid microsofts bid for the company as well. Back to the markets now despite a mixed day on friday, stocks posting positive returns for the week the dow up 4 . S p 500 and nasdaq each up about 2. 5 but they were outdone by the small caps the russell 2000 index rising 6 for the week its best performance in around 2 months lets get more perspective and bring in our partner and managing director. I have to say sandy, every time i look at the charts every time i see the nasdaq i think so myself, my 401k is doing great but things have to cool off a little bit. We have a lot of clients mostly corporate executives. And their concerned just like you are about stocks going high but we see a lot of opportunity. Not necessarily with the big tech stocks that are leading we see opportunities in value here in the us. And overseas a lot of the value stocks we think are poised to do well. Companies such as at t, pfizer, disney, intel, these are companies that tend to be more cyclical and value stocks help lead out of recession so we think theres some benefit there and also we see opportunities overseas particularly in emerging markets in southeast asia. Some of the sectors that we like there are Financial ServicesFinancial Services materials and technology there as well overseas. Im curious though, are there places in emerging markets in particular are there certain geographies. Am i looking toward asia am i looking toward emerging latin america . What is the tilt there its asia china, taiwan, we think theres a lot of opportunity there the prices are low theres a nice hedge with International Investments with the u. S. Dollar. We think that the currency here might weaken further over the next couple of years we get a lot of diversification overseas not only in the businesses butin the Health Situation theyre fighting the pandemic and also in terms of the economy and politics as well. Also what is curious, i want to harkin Something Back value will come back in vogue for years now. What is the real catalyst for driver behind while value will this time hypothetically out perform and get back in the swing of things. Yes its been a long time we think the reason its going to change is because the economy has, you know, really hit a road block with this virus and the fall out of it and we think that as the economy eventually begins to recover the stocks will do so much better. They tend to be more cyclical in nature and really the stocks that have been leading are the tech stocks. So theres a lot of opportunity here in the u. S. With Companies Just priced a lot lower and thats where were putting our money. An Investment Adviser, i remember my days as an Investment Adviser representative and its not just about picking stocks or bonds, but its also about trying to get someones Financial Health together as a whole. What else can people do right now . What else can investors, traders, Middle America, anybody do to take advantage of this environment as things are developing right now its a really important question thanks for asking this one of the great things about being in a zero Interest Rate environment is you havent had a chance to refinance it or opportunity to do so, so definitely take a look at refinancing and also with stocks being as high as they are, for people that are charitably inclined like our clients are, we have been having lots of discussions about taking the tech stocks for more than 12 months a huge appreciation in giving those to charity when the clients have charitable intent one is allowing a nice way for diversification when you give stocks to charity and in more than 12 months you give a Charitable Gift reduction and you dont have to pay any tax on the underlying gain. Thats a great way to have a home run when things are otherwise shaky and uncertain in these times. Thank you very much inch thank you hong kong making the highest profile arrest yet under chinas new security law there well go live overseas with the very latest plus warren buffets Berkshire Hathaway buying back a record amount of the companys stock. Remember he didnt used to always do that the other moves being made by the oracle of omaha. Amazon in talks with one mall owner to expand its shipping Operations Worldwide exchange returns right after this businesses are starting to bounce back. But what if you could do better than that . Like adapt. Discover. Deliver. In new ways. To new customers. What if you could come back stronger . Faster. Better. At comcast business, we want to help you not just bounce back. But bounce forward. Thats why were helping you stay ahead and adapt with a network you can count on, 24 7 support and Flexible Solutions that work wherever you are. Call or go online today. Puts its customers a wiin charge . Rier well, the good news gets shared. And it gets rated 1 for customer satisfaction. But dont just take our word for it. Take theirs. Its your wireless. Your rules. Only with xfinity mobile. Call, click or visit a store today. Welcome back time for the stocks on the move today. Second quarter profits jumped 87 . It brought back a record of its own stock in may and june. Kodaks deal for a government loan is being put on hold. The International FinanceCorporation Says the recent allocations of Insider Trading raised serious concerns and the deal will not proceed until they are cleared. The sec is reportedly in the early stages of a probe and kodak said friday it is conducting an internal review now to the developing story out of hong kong where they have arrested the media tycoon with the new National Security law there. They imposed that law back on june they say this arrest just shows that hong kong will not be intimidating u. S. Sanctions. They announced a retaliation for the u. S. s decision to impose sanctions on 11 hong kong and chinese officials announcing that they too will announce sanctions on 11 americans so this includes u. S. Poll situations such as tom cotton, ted cruz, marco rubio, fierce critics of course of beijing and its policies as well as human rights watches and other democracy advocates in the united states. Otherwise, china has been doubling down even more on National Security in hong kong just since last friday the citys chief said she was going to cancel her u. S. Visa china said it would be revising its roles to punish the desecration of the chinese flag and also not only of jimmy lia but of his sons. Its going to be very difficult for him to get bail this time around but even though this is sending a very chilling message to the democracy advocates, several of them have been calling for support for the company, in fact, the papers parent next digital saw its share price triple and go up over 300 today after advocates said that traders should buy the stock in a sign of support but overall theres a whole lot of confusion in the markets when it comes to what these sanctions mean because the hong kong regulator put out a circular over the weekend saying that the u. S. Sanctions dont actually apply and dont have legal status in the city confusion is one thing but tensions there for sure and speaking of the tensions between the us. And china. Theyre also watching healthed trip what can you tell us about the tensions there the tensions are very, very high as you expect hes the highest level official from the u. S. To visit taiwan since 1979 so china has been communicating in the past several days its displeasure. In fact, today we learned from a taiwan Government Official that chinese fighter jets had just skirted the line in the taiwan straights as a signal about beijings displeasure. He wants to show his respect for the islands response what is really disconcerting in this region is the possibility of a miscalculation because attentions are racheting up higher and higher. A shot across the bow for sure from the Trump Administration from china. Thank you for that update. We appreciate it well, still on deck for the show, technologies big run continuing to roll on but could the upward momentum be at risk we look at the red hot sectors next moves coming up todays big number, 316 . Thats the growth in app downloads for the u. S. Based tik tok competitor thriller over the past year. Thriller added 35 million new users last week according to tech crunch. Francis rivera is live with the latest. Good morning to you demonstrators blame the countrys government for the devastating explosion in beirut. Decades of corruption, nepotism and mismanagement lead to that blast. A botched primary in the commonwealth where puerto rico was forced to partially suspend voting over a lack of ballots. Some had to reschedule voting after not receiving any ballots. She is demanding that the head of the Elections Commission step down her opponent called it an embarrassment for puerto rico. The remaining primaries will be held on august 16th. Well, they say act like youve been there before but collin morikawa. He held on to most of it and was able to put the top back on. Overall a fantastic weekend for the young golfer even more reason to hug the trophy tight well send it back to you. The only 23yearold winners of the pga championship that kid has a very bright future. It makes you wonder what other trophies and titles hes going to put under his belt. What was i doing at 23 years old . Thank you very much for all of that still on deck for the show, Democratic Leaders slamming President Trumps executive orders on Coronavirus Relief well get the latest on whether the two sides may still be able chorworlidout a deal mu me dwe exchange ahead after this back to you, babe with a happiness that died i let it get away servicenow. The smarter way to workflow. Lookentertainmentour experience xfinity x1. Its the easiest way to watch live tv and all your favorite streaming apps. Plus, x1 also includes peacock premium at no extra cost. This baby is the total package. It streams exclusive originals, the full peacock movie library, complete collections of iconic tv shows, and more. Yup, the best really did get better. Magnificent. Xfinity x1 just got even better, with peacock premium included at no additional cost. No strings attached. Extending Coronavirus Relief thats straight ahead. Plus while qualcomm lobbies to let it sell chips for new huawei phones youre watching Worldwide Exchange right here on cnbc. Welcome back to the show. Heres how your money and investments are look as we are halfway through the 5 00 a. M. Eastern time hour. Stock futures are mixed. You can see the dow is higher by nearly 100 points. The s p higher by 5 points and the nasdaq in a rare underperformance today as of late treasury yields meanwhile some what holding steady. The ten year benchmark no yield. Just around 56 basis points. Ever a slight yield lower. 13 basis points and the 30 yearlong bond yield around 1. 23 . Closed the day mixed as well you can see theres moves off by. 2 off by one third of one and trading was actually closed in japan and the shanghai composite up about. 3 as well up green across the board. The dax the underperformer in germany. Making headlines this morning, reportedly in talks to take over space left by Failing Department stores the space could be used for amazon distribution hubs focused on converting space previously occupied by jcpenney and sears locations. They had been Closing Stores across the country lobbying to let it sell chips for huaweis 5g wireless phones it could lose billions of dollars in revenue because of export rules and restrictions because huawei is on a u. S. Export blacklist the u. S. Companies that want to ship its components must first get a license from the Commerce Department in a related story its running out of chips because of those u. S. Sanctions and health and Human Services secretary alex azar is in taiwan today meeting with that countrys president , this is the highest level issue between a u. S. Official and leader of the selfruled islands in decades. The rvisit has been condemned b china. Now to this mornings other big story in d. C the full story there good morning. Yeah, good morning, the president is taking some limited action doing with a he can over the weekend in the wake of the total break down here. Talks between the white house and democrats up on capitol hill to further virus relief. Theres sort of three buckets of activity here and democrats saying beyond the edge of the limit of its power here and the president putting in place a payroll tax collection pause that will be in effect according to the executive order he signed over the weekend from september 1st to the end of the year people would have to pay the tax back at the end of the year under the current law. That is if they dont change the law youll have to pay that payroll tax back after its deferring for the rest of the year the president wouldntbe able to extend the eviction moritorium but theyll have to come up with solutions there and finally on the bonus unemployment insurance, remember that had been 600 a week for people in the wake of the cares act. This would be 400 a week bonus unemployment it caps the Homeland Security for the money. 25 is on the states not clear whether the states are going to be able to come up with the money given how hard hit they have been its not clear when exactly this will go into effect or whether the states can make up the costs here in terms of all the expenses that theyre facing meanwhile we see them on tv pointing the figure at each other. The president s meager, weak and unconstitutional actions further demand that we have an agreement. We have been told we could get this up and running immediately and id say if the democrats want to challenge us in court and hold up Unemployment Benefits to the hard working ameri