Into his own hands uber road blocks and queue the countdown clock. Jobs numbers are expected this morning. Estimates are all over the map it is august 7 this is Worldwide Exchange here on cnbc we made it to friday good morning, good afternoon, good evening from wherever you are watching happy jobs friday as well. Looking at futures they are indicated lower down about 130 points. You can see the fair value slightly positive. Anything can happen. It was another big day for stocks on thursday another record close for the nasdaq the 32nd closing high. The nasdaq closing above 11,000 the First Time Ever is now up 62 from the march low if you are some genius who timed it go to sizler, if you can. Gold look at that another nominal record high. In 1980, gold hit about 1,800 an ounce. With inflation, technically higher then. The First Time Since the win streak in may up from 2006 gold is higher around the world different story. We have more in a moment the european markets are trading down not
And then the counter intuitive ones that took us all by surprise the dow did 205 and nasdaq lost 1. 27 . Its important to go over the companies that shocked this year with the outperformance and those that continue to shock want obvious winners are, well, obvious. People are hanging out at facebook as theyre ordering from amazon, search on google. And it didnt take a chance to figure out that the shut down would force people to use the internet if i werent jimmy chill in real life, i would be jealous of the titans even though the ceos are about to be drawn in court on the house judiciary subcommittee im torn because the Big Tech Companies their platforms arguably have too much market power. No kidding they got it by being good at what they do thats captaitalism. Theyve done better job responding to the pandemic than the government but forget the obvious covid winners. I want to talk about the big surprise the things people are doing when you cant go to the movies or ball game or ship y
On fox business. He will be talking about the jobs numbers, about the stimulus plan, if we will get one or if the president will have to pull the levers himself without congress. 30 minutes from now, larry kudlow. Well also ask about President Trump issuing those executive orders banning u. S. Transactions with wechat and tiktok. Shares of tencent, lets see, tencent is down about 6 right now. Well see how things are going. Futures, by the way, are down about 73 points. They had bumped up into the green from triple digit losses earlier when we got the jobs report, but they have settled down a little lower. Again, a lot less than it was earlier this morning, before the jobs number came out. As President Trump threatens executive actions to get another round of stimulus as democrats are stonewalling any compromise. We are also going to be weighing in on the market trade worries as the president signs a new executive order reimposing 10 aluminum tariffs on canada and that crackdown on Chin
That this is the way we do it. Nollywood starts august 7th on d w. People for d. W. I. On facebook and twitter was up to date and in touch. Business is a bad that the nationwide restrictions to halt the spread of the coronavirus in india choke the economy well talk to an economist about that. Goal takes on a whole new shine the precious metal continues to rally its a sign of heightened uncertainty around the long term effects of the corona pandemic. And i joined tina says its range than initial agreement with its jilted creditors could the deal help pull. Country out of a crippling to hear ascension. And then fizzle and thats their business the coronavirus death toll continues to rise globally one person is dying every 15 seconds india is one of the nations leading the rising fatalities its been in and out of lockdown a failure in the fight against the virus and a catastrophe for many businesses less than a month ago stores in the indian tech hub of bangalore were forced to close once
Toll continues to rise globally one person is dying every 15 seconds india is leading and daily deaths and you infections its been in and out of lockdown a failure in the fight against the virus and a blow for business. Less than a month ago stores in the indian tech hub of bangalore were forced to close once again. Numbers of covered 1000. 00 cases have risen after the steady easing of indias initial lockdown. Still businesses and citizens alike clamored for the chance to get back to work. And they got what they wanted since late july restrictions have been gradually relaxed. But once again came a renewed surge in corona virus cases new infections nationwide have now topped 50000. 00 per day for 6 days straight the World Health Organization has urged india to rigorously enforced health measures. Again the potential for the disease to spread quickly in over crowded urban areas and in poorly served rural areas is always there and india will obviously have to keep a very strong and susta