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Rules, but its a hollow victory thats unlikely to change either sides position. New subscription bundles, hoping to take a bite out of amazon prime. As expected, keep the upcoming 5g iphone under wraps. Check of theget a markets. We are seeing u. S. Futures opening flat. This after we saw u. S. Stocks closing higher. We have gains in Technology Shares helping offset the slide we saw in financial. This ahead of the fed policy decision coming up on wednesday. The s p 500 rose for a third consecutive session, closing at the highest level in more than a week. It was led by communication services, real estate and Consumer Discretionary shares. The nasdaq is gaining more than a percent. We have the bloomberg dollar index falling to the lowest level in more than a week. We are expecting a dovish stance coming from the fed. We did get the data today showing modest recovery ....
People will choose shopping online, if they do any shopping at all. Obviously target is ready. Bracing itself for what could be big crowds. They see something a lot of economists, for example, do not. Were keeping a close eye on that. Push, pull, obviously on the jobs front. You heard about claims, still below 900,000. They did hit week over week. One of the things barometer of continuing claims, they fell by 167,000 to bring us to about 12. 6 million. Surprisingly good news on new home sales, jumped 4. , to 14 year high. Those are things are sort of whipsawing markets. Were following the law and order issue very, very closely. Again, keeping an eye on louisville and talks of further protests across the country over that Breonna Taylor case and a grand jury not personally faulting any of the officers for her direct killing although one for sloppy behavior. Well get into that. Because it led to protests in the likes of atlanta, new ....
Was up 41. The dow is up 43. It had been up 331, if that tells you anything. We have this developing news. President trump about to possibly address the media ahead of his trip to North Carolina where hes expected to lay out his vision for health care if he is elected to a second term. We are going to take you live to the white house as soon as we get the tape if he does stop to speak to the press. It all comes as a new wrinkle develops in oryacleorac deal to take over the popular chineseowned video app tiktok. Breaking news in just the last hour. A federal judge has just inserted himself into this battle. The deadline to ban tiktok, this is the extended one, supposed to be sunday night. But now all bets are off. Republican senator roger wicker of mississippi, he did not like this plan to have oryacle take Partnership Structure with tiktok. He sent a letter to the pres ....
Data in the u. S. Is bouncing back. Factory orders coming through stronger than anticipated and we are up 6. 4 versus 6. 2 last time. And it is actually a little bit softer than last time. 11. 4, that isat stronger than anticipated. And transportation is a stronger than last time. Orders,tal goods nondefense, 1. 9, bang in line with expectations. Ookare going to get the b a little bit later on. That will give us a good idea about what is happening for the back into july into august backend of july into august. We will carry on the conversation about what is happening in the markets. We have great guests coming up. This hour, we will speak to the ceo of lands end. They have a big digital presence. Have. Ffect they will we will talk with Jerome Griffith about that. And for more on what is markets we have Brian Weinstein from morgan stanley. This talk about what is happening b ....
All safe. Those are some of our top stories on this monday, august 10th. Thank you for starting your week with us. And we do begin with schools ng a as coravirus cas millionaon be Holding Classes online today and tomorrow, while the building is disinfected following an outbreak among students and staff. In bigtime College Football, the power five conferences may be considering moving their season to the spring. Meantime, the pandemic has prompted some top ncaa players to call for the creation of a union. Abcs Andrew Dymburt has more. Reporter the u. S. Now surpassing 5 million confirmed cases of coronavirus. Kansas city among nine cities warned by the White House Task force they are in danger of becoming new hot spots. Were seeing a lot of activity that has bee ....