Each year. We are thrilled francine could join us on the simulcast because we actually got lucky with what has happened with the scheduling. In france, with some shockingly weak Economic Data. Francine this is pmi. What a delight to be spending four or five hours together. I think they are trying to see who breaks first. My money, i dont know if it is on me are you, actually. We will see after the second hour of the simulcast. France coming out with pmis that were pretty terrible, and that has taken the market by surprise in europe. There was that and germany. Both leaders saying they are hoping not to go into full lockdown again. I know you are also watching the u. S. Postmaster general testifying to the senate. It has really captured the. Magination of europeans tom weve got to postmaster general testifying today, and the huge backstory is do they fold the post Office System challenges into further stimulus. Jeanne zaino made it very clear it is to mr. Trumps benefit to have that dea
U. S. Cases do continue to decline. The fda gives the go ahead for plasma use in hospitalized patients and a potential vaccine fast track and tech on a tear. Shares of apple up nearly 75 this year ahead of its four for one stock split today. Jim, we have all that to handle and jackson hole this week, the rnc and couple tropical storms in and not a sleepy august it should be a sleepy august, and its not august supposed to be a down month and its not people say, wait a second. 70 of the market didnt do well last week. I always find those kind of things because 70 of the market does well this week. You dont have a bunch of anything to hang your hat on when you look at a big apple price target increase basically to where the stock is you realize, wait a second shes the first. But will everyone have to follow every price target is below where the stock is a lot of people feel enthusiasm for the stock split. Of course, that is part of it. I know stocks mean nothing but they excite people she
In chicago some ways this was very specific in the wicker park neighborhood. Theyre hitting Liquor Stores and salons, getting bottles of shampoo. Hitting clothing stories. Other ways it is very indiscriminate. They are hitting Small Business and you can see they hit the target which is now being boarded up as we speak. It is about cleaning up, boarding up buildings that have been hit. Boarding up other buildings to prevent this from happening again. I want to show you video from over the weekend. What happened here in chicago, they shut down Public Transit into the downtown areas where we saw protested on saturday night. They shut down main arteries into the downtown area. As a result of that, the protests and looting became more scattered. They hit suburbs and south side. Where we are outside of the Downtown City Center in wicker park. I talked to a Small Business owner not far from here. She was getting ready to reopen the clothing retail space on june third. Because of this it is de
Wiped out. Were back to where we were right after the financial metdown. A lot of people are wondering how many arrows are left in the feds quiver. The president is taking Emergency Action of his own. He is already Restricted International travel. Of course for School Systems across the country, comprising now better than 11 million kids, theyre closed and a lot of kids sort of have to, technologywise do their classes on their home computers. I can tell you as a parent of a couple teenagers good luck with that. Meantime the Global Impact is clear, as one market after another sells well off into bear territory. Deirdre bolton following all of that. Bolton, we are jolten. A tough start to the trading day. The fed seemed to make more traders anxious than not. The fed, neil, you know this, basically what the fed has done in credit crisis over seven or eight month period t was done within hours this weekend markets reacted in the first 10 seconds. We dropped on the s p 500. We had a 15 minu
Crisis. Mark zuckerberg making rounds today on capitol hill. Meeting there with lawmakers amid growing calls to break up big names in silicon valley. Facebook ceo sitting down with senator tom cotton right now. Well bring you breaking headlines that come this hour. Security concerns at the airport. The new move has some critics sounding the alarm, what it all means for you and your familys safety. Melissa fox Business Team coverage. Edward lawrence at white house. Gerri willis at the new york stock exchange, phil flynn watching action in oil at the cme. Lets start to edward. Reporter melissa, trade optimism is happening here. Junior level talks happening with the chinese. This will set up the main event early in october when the two heads of the trade delegation meet, but this could indicate if there is progress for the talks. Wilbur ross says the chinese must show us something this week. If they arent prepared to give on anything were not going to get anywhere. Right, right. Remember