High end model with the biggest screen yet but shares are slipping after yesterdays big gains. Banks but are in the red a busy afternoon 59 minutes left of trade the dow down 157 or so. Lets get to the big stories. Josh lip ton has the latest from today as apple each. We have the latest on eli lily and we have the Broader Market action josh, apples shares are slipping today, but still higher so far for the week. Wilf, apple bulls will argue what you saw today is the start of a new iphone super cycle. We have to wait and see whether consumers though are just as excited. Tim cook introducing the companys first new 5genabled iphone, the iphone 12. It will be available in four versions, different sizes starting at 699 for the mini, which has a 5. 4 inch display to the max, which has a 6. 7 inch display and costs 1,09 9. The transition from 4g to 5g is complex. Some argue 5g coverage is spotty right now. Though it could act as a catalyst helping to bring the technology to the mainstream won
0. 719 andrew and we have numbers to bring you this morning from United Health group just out with its quarterly numbers. Reporting Quarterly Earnings of 3. 51 per share. It beat the consensus estimate of 3. 09 revenue also above forecasts, saying that medical care trends that had been disrupted by the pandemic are moving closer to normal you are looking at that stock up just marginally this morning and we have three more financials, bank of america this hour, Goldman Sachs in the 7 00 hour and then wells fargo in the 8 00 hour. Joe. Thankthanks, andrew. Another Clinical Trial halted over safety concerns, eli lilly late stage trial has been paused by u. S. Health regulation tors it used a Health Sample from one the first patients recovered from coronavirus ill given you more details. Because it leaves out something important. Of the trials ongoing of the antibody, they decided to add remdesivir along with the antibody and that is when they had to halt the trial for some kind of safety
Maintain normal Monetary Policy for as long as possible and fixing will be key. President trump wants to return to the campaign trail as his doctors say he is not a transmission risk. The u. S. And europe are not on the list for easing curbs. Haidi markets coming online for the start of the brandnew trading week. Lets go to sophie kamaruddin. After inome enthusiasm cap the best week since april. Australia posted record shipments when it comes to iron ore, putting some down pressure on the commodity. Gold holding about 1900 per ounce, after its second weekly gain. 2300 for bullion, early 2021. The aussie dollar under pressure. It had fallen by 4 . 4 . The offshore yuan on the retreat. Looking forward to the fix to see if that will add more weakness on the offshore yuan. Futures, nikkei Futures Holding steady while the 106,s trading around testing the 65 day line. Todays south korean markets come back online after the long weekend. We have korean trade data later today. Won trading korea
A lot to get to and discuss, everybody. Right now, though, a quick check on the markets because theyre higher across the board. The bottom right of the screen and come off the highs, the dow above 27,000 for the First Time Since june 10th on an intraday basis. S p 500 less than 5 from its alltime highs up nearly 50 from the march lows. 28 members of that index hitting a new 52week or alltime high and a cramer favorite stock, mccormick. The nasdaq is negative again there is a lot to discuss. Joe, we are off the highs. You can address that but also this the vaccines plural getting all the attention as they should. It only concerns, you know, all of humanity. But did Goldman Sachs numbers have anything to do with the earlier market strength . I think most of the early gains that we witnessed this morning you can credit to the vaccine optimism i do think, brian, that the Strong Performance from financials in the last couple of days, whether it be jpmorgan or a Goldman Sachs this morning, t
Of impact as nasdaq saw third record finish in a row. The investors investigating big week for earnings. Here we go folks. Big banks including jpmorgan wells fargo city group and bank of america on tap to report this week. And back to the happiest place on earth disney world reopens in florida. The despite a record surging case in that state. What is being done to keep visitors safe. That is ahead. And chinese new a l products possibly only hold company considering pushing back annual reveal of newware what is you should and should not pick up right now. And if you developed bad habits in quarantine, you are not alone. What you can do to break them. Thats coming up, mornings with maria is live right now. Right here we go with european stocks they are up this morning. There is optimism other earning season reaching across the globe as you can see the tax 40 in green and a meeting about European Union Recovery Fund proposal. Now to ash sha overnight green acrossed board there as well. Ma