We have had the s p 500 higher for the third week in a row. We have the nasdaq down. The first down week in three weeks and a lot of that has to do with netflix having its worst week since 2019. They put up a disappointing quarter, messy Second Quarter but weighing on the stock is the subscriber view for the third quarter. An important peas of information comes out of that netflix result and what is happening with that stock, down 11 , the fact the stocks have been up so much out of the march low, the stayathome stops, it tells us investors have priced them to perfection. If results are messy and anyway, you will see a selloff. That might be something we see in the next two weeks as the apples and amazon start to report their june quarters. David thank you so much Abigail Doolittle for that report. The coronavirus is surging in so many areas around the country, with more than 75,000 new cases in the United States in the last 24 hours. We welcome dr. Marc boom, the president and ceo of
Case of virus elements as well, but not nearly as worrisome as we thought before. There are promising treatments on the way. We will talk about half a dozen cleared for takeoff, in face two, phase three trials. Not all of them but, prompted the president is optimistic that vaccine or some type of treatment would be ready by years end. The surge we saw in china, shanghai index notching a 6 gain. Highest momentum it has not seen in a better part of a month. Youre seeing similar robust gains across europe, european continent, optimistic even in more problematic places things are picking up. You have the good Economic News and good take over news. One in the food delivery arena. One with whisperings to come, initial Public Offerings and followup offers could become all the rage. This is interesting subset market too heady for folks right now . Share later in the broadcast by sheer statistical measures it is not, it is not too frothy. A view youre not often hearing people are worried when w
And emanuel mccrum go head to head as the nato summit begins in a rare admission that irans government concedes people were shot and killed a during novembers fuel price protests. And im leo hardy and doha with all the d. C. Sport boxers and here is jr and Anthony Joshua work out for the 1st time in the saudi capital riyadh ahead of saturdays heavyweight rematch. Thanks for joining us we begin the news hour in the u. S. Where House Democrats have released their much anticipated report laying out the case for the impeachment of donald trump the report says the u. S. President who was meeting nato leaders in london use the powers of his office to solicit foreign interference on his behalf in the 2020 lection it says the phone call between trump and the ukrainian president was a dramatic crescendo of a months Long Campaign to extract what it called personal political benefits well the chairman of the House Intelligence Committee spoke shortly after the report was released. We now can see
At the end of the month. The home secretary calls on facebook to rethink plans to encrypt messages across its platforms. Walking out former conservative leadership contender rory stewart resigns from the party and plans to stand for mayor of london coming up on afternoon live, all the sport with olly foster. Encouraging progress for andy murray. He was quite chipper today, he says hes been playing his best tennis yet on the singles comeback trail. Thats despite a quarterfinal defeat in china today. And theres been a big win for south africa over italy at the Rugby World Cup. Thanks olly and helen has all the weather. Wet conditions set to continue. U nfortu nately, yes, unfortunately, yes, thats right, martin, as storm lorenzo is approaching quite rapidly, we look for the next significant rainmaker coming up. I will have the details just before the bottom of the hour. Hello, this is afternoon live, im martine croxall. A damning report has strongly criticised the metropolitan police for
A warning to the Supreme Court. Top radical dimms and senate telling Supreme Court justices tto heal the court or face a fundamental restructuring. One of the most bizarre warnings in history of the Supreme Court. This country calm was not order of the day on woot, investor exuberance rallying the stock and bond market, dow soaring after Trump Administration announced delay on tariffs of some chinese goods on 3 1 2 months, dow jones up almost 400 on the day. With the administrations decision, Edward Lawrence reporting from washington. Reporter president deciding to put some items under tariff on september 1, others delayed until december 15, Largest Group items on september 1, they include many things like milk, meat, agriculture products, sour cream, also steel products. And u. S. Trade representative delayed tariffs on other items until december 15 or health, safety and National Security reasons, that is cell phone, laptop. Video game, toys and clothing, u. S. And china trade teams h