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Surveillance. Im Francine Lacqua. The markets has been trading volumes because it is august and a lot of people are still off or trading less than in the past. This is what we are looking at. If you look at the european stoxx 600. They are trading sideways. Is. Futures and gold bouncing back. The trumpet administration stoked tensions with beijing by imposing new restrictions on mayei technology which be giving some of a breather. Advancing and gold climbing back above 2000 an ounce. Lets get the latest. The race to acquire tiktok is ramping up after President Trump signed an executive order on friday forcing bytedance to sell its business within 90 days. Oracle is said to be considering a bid. Its entry could challenge microsofts bargaining position. For more on this, thats get to alex webb. Thank you for joining us. When you look at this race, is it oracle and someone els ....
It is almost jarring. Back monday. Alongside lisa abramowicz, im jonathan ferro. Tom actually dropped me a message this morning at about 4 00 a. M. , looking at the price action and this rotation we have seen. I think its got everyones attention. Weve had a fake after head fake. Is it real this time around . Lisa every investor we speak to says buy any dip. Buy the big tex stocks on any dip whatsoever the big tech stocks on any dip whatsoever. Now people are going back into them. You have to wonder what it would take to make people truly believe in the cyclical story. It has to come from the data. Data just isnt there. Jonathan i think you have to get a lift in treasury yields. That takes Economic Data and real improvement. That is where thanks stalled in early june. Lisa i will also say the reason why tom keene was messaging you at 4 00 a. M. Is because he doesnt want to actually move up on floor. If i had to move, i would also be ....
I would like to call the meeting to order at this time and i would like to, if i may, give just a brief overview of what you can expect. We have called the meeting to order and there will be an Opening Statement of the chair and Opening Statements of the Ranking Member, Opening Statement from chairwoman waters and witnesses will be introduced and they will give their Opening Statements and we will have q a and adjournments. The title of todays hearing is protecting homeownerss during e pandemic, oversight of Mortgage Services, implementation of the cures act and without objection the chair is authorized to declare a recess of the subcommitte ....
We will see plenty of sunshine this afternoon and daytime highs well above average for this time of the year. Looking at 70 degrees in San Francisco this afternoon, etienne free mark, 85 four concord and livermore, we will talk about a cool down as we have through the week. Lets check in on the project. Its ongoing and theres a lot of activity around the area, we are hoping to have everything done by may but the closures are still in place. The southbound 101 connector is still closed for at least another 30 minutes, so were hoping to have that open by 6 00 this morning, and that should be in the next couple of minutes. 280 is still a good option if you are heading into the city if you are an essential worker. Lets check in with kit in San Francisco. We are live here at Golden Gate Park, anyone trying to enter the park, ....
Deliveries fell to at one point. The historic drop was partltly e to market mechanics with the may delivery contract close to expiring itsts tradingng volume light. Storage facilities are also at their limit as producers run out of places to keep the oil. Market players say that traders dump the may contract as the cost to store and transport crude oil are expected to be higher with no potential consumers. The plunge highlights current concerns about the volatility in the global market. Major Oil Producers including saudi arabia and russia reached a deal last week to prop up prices by cutting p production 9. 7 Million Barrels a day in may and june. But that still isnt expected to counter evaporating demand for oil, and Market Players warned there could be a serious economic impact. The governor of new york state says the ....