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33 . Jobless claims rise for a second week with 17 million filing for benefits. International condemnation of hong kongs decision to bar a dozen prodemocracy candidates from Upcoming Elections as chinas new security law breaking news out of south korea. We are getting june Industrial Production numbers and they are a strong beat for the month on month numbers for june, a growth of 7. 2 . The estimate was for growth of around 2 . It is also coming after the previous number was revised downward, so its a bigger beat than expected. The year on year number still in contraction but only up. 5 percent. The expectation was for a plunge of 5 . The previous number was revised downward. We have seen a little bit more optimism. Manufacturers confidence in south korea rising. We have seen export declines starting to ease. Chinese demand rising, not to mention demand in the chi ....
President trump meeting with Bank Executives right now at the white house about the state of the economy, amid the outbreak. Well bring you the president s comment from that meeting as soon as we have them. We have fox Business Team coverage. Jackie deangelis is on the floor of the new york stock exchange. Edward lawrence is outside of the west wing. Phil flynn watching action in oil and gold at the cme. Jackie, first to you. Reporter melissa, good afternoon to you, when i say the new normal expect the seesaw swings, it is not really an exaggeration. Tensions were high on the floor today, traders trying to internalize it, deal with it in the best way possible, basically saying until the virus peaks in this country and starts to fall off, you will not see an end to the volatility. Today a more than 1400 point loss. Session low was down 1689. The dow is now in bear market terri ....
A foreign line and get killed you know it doesnt matter which you call. Really. Whos going to go and fight and thats what really you know im. Not very vocal. There this is article we can for good morning for me kevin o. And then the rest of the team here today here with the world news update saturday morning from moscow for the next 30 minutes of can stay with me Chinese Telecom giant huawei says its prepared to sell the core code of its 5 g. Technology to any prospective western buyer so that they could refigure it and prevent any possibility of a Security Breach it comes amid continued claims by washington that while it works in cahoots with the Chinese Government and its equipment could be used to spy on uses hawkins takes a closer look at the companys office. Is one of this years biggest spy scandals hallway th ....
Do you want to be put in a foreign line and get killed you know does it matter. Whos going to go and fight and thats what really you know. Not very well because. This is arty that we can for a good morning for me kevin 0 in on the rest the team here today great the virtues and to watch us this morning hoping stay with me for the next 30 minutes this world news roundup from moscow the sort of this Chinese Telecom giant making the headlines again saying is prepared to sell the core code of its 5 g. Technology to any prospective western buyer so that they could reconfigure it and prevent any possibility of a Security Breach it comes amid continuing claims by washington that well way works in cahoots with the Chinese Government of course and that its equipment could therefore be used to spy on eunices tell hawkins take ....