Euro instantly snuff approaching the 110 level and keep an eye on the german 10year and the president s speech could have a Significant Impact and it really is very hard to read event. And certainly the bull market here in europe, sitting tight and waiting to see what comes out of it. Vonnie . Vonnie as we wait for the economic speech and powell speaking thursday, were joined by kumar, the Global Strategies president to tell us what we might expect. What could cause the markets to move today . You need President Trump to Say Something totally unexpected, vonnie. The usual things, the economy is doing very well, we expect growth to continue to be very rapid. Thats what hes going to say. And that hes making very Good Progress in terms of dealing. Th the chinese it he has to say hes going to sign an agreement on a certain day and hear some of the things he agreed to and on the other hand explain why it is the economy is going to do very well in the year 2020. I dont expect it. You ask for
From the areas local news station. Youre watching the kron. 4 morning news at thanks for waking up with us and aria and im james and on this thursday morning, were enjoying once again, mild conditions, at least to start off the day. We should find out how the rest of the day and the rest of the weekend coming listen that right now. Mourning john guys. Its looking really nice out there for a lot of areas this morning. You like that cool feel of this morning has been one for you. Your view outside getting a little brighter. Now, the sea at the embarcadero cruise ship right here. Looking good, pulled up there under some partly cloudy skies right now. Now we are seeing visibility improving cloud cover lifting in some cases burning off. And we are seeing a fairly steady breeze to youll notice that cool, crisp feel to it almost feels like a fall day rather than in early august. A but that all changes, which means if you like the cool enjoy today, its 50s and 60s. Right now later on today, 60
I work for another company at that time was an advocacy, a lobbyist like an opportunity working campaigns. I worked on capitol hill, or for governor and are the pleasure to work for a company and i really think it makes contributions to society. Host microsoft seems to be researching. Is that a Fair Assessment . Guest from my perspective i think weve always been kind of flying high and doing some outstanding things. I think its been an exciting time with microsoft what comes to the cloud we want to be unintelligent edge of one of our missions is to empower persons and organizations on the planet to achieve more. I think youll find today as you go to different displays we have 1212, with Microsoft Research since 1991. What youre going to see as result of drone, such as, some efficiencies of help make a difference for farmers and also using tv white spaces which is something the sec is looking at. To help farmers to be more efficient and effective and as a result also be able to do thing
Shery lets head to the markets desk were julie hyman has the latest. We are still at record highs. Julie for the s p and the dow. The nasdaq is not at record highs but it is turning positive. The s p at 2153. Point the dow did touch an intraday record. Not only do you have this Risk Appetite on market, you also have it on relatively high training volume. Trading volume. Overall for the s p volume is up about 6 but you see the surge in volume of material stocks, 76 higher than a 20 year average and the same thing on industrials. Even as we approach these record highs, it is worth mentioning what is going on with valuation for the us you 500. S p 500. We are just a hair shy of 20. We have seen valuations pushup during this current rally. In terms of todays session and what is getting the most, we have seagate after they announced an expansion of job ana lot of the American Airlines saying its will be boosted because of a new agreement with credit card providers. Scarlet getting back to t
Hold on enclosed negative once again. Scarlet i want to run through leaders and laggards here. You can see the gains were not big by any stretch of the imagination up. 5 . Iotech did better it tracks the sector up 2. 5 . Energy was one centered declining as oil prices decline. Ne name i want to highlight it has fallen or gained 2 . The anecdotal on the iphone seven has an positive. Sprint says they received four ands as many new iphones later today, verizon came to say its orders have basically come in within the normal range where aboutlects lets talk bond market because that is the center of the action. The story has been that back up in rates lately. Down toear yield back 1. 7. Lets look at the bond index yield. Yields are clearly on the rise. This captures all the bonds. You can see the rise in yields, extraordinarily low. At the endup there that arguably caused so much of the volatility we are seeing in markets. I want to show another chart. The five and 30 spread, this is interes