India may miss growth targets as the virus cripples the outlook. Intel plunged after its new chip reduction process was delayed again. The company is under pressure as customers increasingly turn to rivals for chips. We are just getting pmi data out of australia crossing the bloomberg. The pmi actually rising to a record high in july. This is a preliminary number for services coming in at 58. 5. Manufacturing pmi also higher, 53. 4 from 51. 2. Composite at 57. 9. A big jump from the 52. 7 in the previous reading. That returnecting to some semblance of normality as part of australia exit the stricter lockdown. Going forward will be key given we are seeing a fresh sixweek lockdown from victoria. Lets take a look at how we are setting up this friday session. U. S. Stocks falling to the lowest in about a week after unexpectedly high jobless claims rekindling worries of the economic recovery stalling. We are seeing more recovery when it comes to trading in futures contracts come up about. 2
The coast and parts of the bay this morning but we are going to be clearing out. The fog burning off heading to the day with sunshine. Temperatures running in the mid to upper 50s and to about 60 degrees and here we go with our highs. 91 in concord. 93 in fairfield. 90 livermore. 83 and san jose. 72 and oakland forgiven 60s and 70s go and 63 in pacifica. Enjoy the sunshine today and i will let you know how long this will last in the full forecast, coming up. It feels like i friday on the roadways. You main travel times are good to go. They are all in the green which is great news for those hitting the roads at 5 01. Take a look. Only about a 29 minute ride through the Altamont Pass. Then cleared the obstruction in the westbound direction of 580. You are smooth sailing all the way over to the dublin interchange. 50 minutes the sort freeway. Get there and out of the south bay on 101, a 35 minute ride despite the accident on the peninsula. The bay bridge metering lights not yet on. The ca
Jack welcome to baer robs round table barrons round table. Im jack otter. Higher rates could be here to stay. A chief economist will react to the blowout march jobs report, plus why hes been saying rate cuts are not coming at all year. Then the retail night if mare that jack howe has labeled underpants armageddon. You heard it here first. Then the Surprising New snack coming to mcdonalds. We begin with our expert panel and three things investors ought to be thinking about right now. On the barrons round table, ben levisohn, teresa rivas and jack howe. So, ben, the market was down this week, but you say it was misunderstood. It was down for a different reason than most people think. Yeah. I mean, if you just looked at how the market did, the s p 500 was down about 1 , its worst week since january 5th, and then you looked at the jobs that data that we got on friday, 303,000 jobs created, a lot more than expected, you would have thought, uhoh. People looked at the market, looked at the da
Jack welcome to baer robs round table barrons round table. Im jack otter. Higher rates could be here to stay. A chief economist will react to the blowout march jobs report, plus why hes been saying rate cuts are not coming at all year. Then the retail night if mare that jack howe has labeled underpants armageddon. You heard it here first. Then the Surprising New snack coming to mcdonalds. We begin with our expert panel and three things investors ought to be thinking about right now. On the barrons round table, ben levisohn, teresa rivas and jack howe. So, ben, the market was down this week, but you say it was misunderstood. It was down for a different reason than most people think. Yeah. I mean, if you just looked at how the market did, the s p 500 was down about 1 , its worst week since january 5th, and then you looked at the jobs that data that we got on friday, 303,000 jobs created, a lot more than expected, you would have thought, uhoh. People looked at the market, looked at the da
Jack welcome to baer robs round table barrons round table. Im jack otter. Higher rates could be here to stay. A chief economist will react to the blowout march jobs report, plus why hes been saying rate cuts are not coming at all year. Then the retail night if mare that jack howe has labeled underpants armageddon. You heard it here first. Then the Surprising New snack coming to mcdonalds. We begin with our expert panel and three things investors ought to be thinking about right now. On the barrons round table, ben levisohn, teresa rivas and jack howe. So, ben, the market was down this week, but you say it was misunderstood. It was down for a different reason than most people think. Yeah. I mean, if you just looked at how the market did, the s p 500 was down about 1 , its worst week since january 5th, and then you looked at the jobs that data that we got on friday, 303,000 jobs created, a lot more than expected, you would have thought, uhoh. People looked at the market, looked at the da