Earnings which will include some hightech bellwether names later in the week. We have apple shares, they lost their opening pop despite top apple analysts saying first day iphone 12 preorders surpassed last years numbers for the iphone 11. That bodes well for the mini and pro max, who Iphone Models that have not taken preorders and ship four weeks from today a couple more big q4 products, the xbox series x and the Sony Playstation 5 will hit shelves verizon and at t this week morelikely with 5g comments Texas Instruments and intel all reporting. Mike santoli joins us now with more well get more of a Critical Mass of earnings hitting the tape the question is is the street going to be more impressed this week than last week in the opening rounds we had an 81 beat rate by the companies that reported last week yet the average stock move buzz down more than 1. 5 in the one day after those results. It suggests perhaps that a lot of investors would think a big beat rate was in the bag for thi
Implications for the election and the implication for the leadership . It is also a good thing to look at other leaders and if they tested positive, how they have reacted to it. Also president bolsonaro of brazil. To thisare waking up across america. The determinant here is a oneweek just a show in for every patient, and the tip point for the medical professionals is the bacteriology of pneumonia, and overlaying pneumonia on this terrible virus. The president nowhere near there at this time, and he rests at the white house this morning. Now, verya right simple. We have deteriorated. There is no other way to put it. 57, dell futures 439. A plunge off ashdown futures 439. Dow futures 4. 39. West texas intermediate, oil down 1. 65. Francine, what do you see . Francine markets are a little bit calmer. That could be ratcheted up again with the jobs data. I wanted to show you pound because there is this on brexit. I need to look at gold etfs. We dont look at it very often. Tom but today it m
And fighting on all fronts. The tory rebellion over Boris Johnsons coronavirus powers Gains Momentum as brexit talks enter a crucial week. 6 00 a. M. In london. Annmarie hordern is out for the day. A solo show. Morphing tol risks the center of the barbell. Inmorgan warned very clearly terms of where we are. We are moving toward a point where correction is overdone. Moves from the tail into the middle. It is the size of the risk you have to measure. Lets take a look at what jp morgan has to say. Three quarters of the way done. We have moved straight to the markets. Lets have a little bit of a look. Csi 300 industrial profits up in china. That has bolstered the equity story. Standard chartered shows a moderating in the growth story in china. An eighth of 1 . The s p 500 up 0. 4 . Lets roll it across and have a look at other products on the move. Oil is moving. Its going to be a long road to recovery. The commodities story is reflective of the dollar story, but also this morning in terms
Thinking our speaker nancy of the the leadership senate, particularly Chuck Schumer for the stimulus bill. That was just announced. We are hopeful that it will not only passed but hopeful it will fulfill the promises that are being made in terms of its impact. Thene is naive about magnitude of this crisis and i am not suggesting the magnitude of this stimulus will even meet the moment. I certainly have strong points of view there will need to be more in the future. Let me just acknowledge would work and progress. That is manifest in the state of california by our back of the envelope estimate as we process more of the details of the stimulus bill. We will be the beneficiary of over 10 billion just in the grand portion of the package. Some 5. 5 billion dollars alone will go to the state itself. The rest will go to the cities and counties. That does not include all the other specific, very direct support that is also part of the stimulus bill. Helpfull will be very and is very timely as
Taking to help the Homeless Population and stressed the importance of adhearing adhering to social distancing uidelines. Governor newsom i want to start by thanking our speaker, nancy pelosi, thank the leadership of the senate, particularly chuck schumer, for the stimulus bill that was just announced. We are hopeful that it will not only pass but hopeful it will fulfill the promises that are being made in terms of its impact. No one is naive about the magnitude of this crisis and im not suggesting that the magnitude of this stimulus will even meet the moment. I certainly have strong points of view that therell need to be more in the future. But let me just acknowledge good work and let me just acknowledge progress. And that progress is manifest, the state of california by our back of the envelope estimate as we process more of the details of the stimulus bill will be the beneficiary of over 10 billion just in the state block grant portion of the package. Some 5. 5 billion alone will go