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Progress on u. S. china trade talk as the worlds biggest economies discuss technologies consumption, investments and exports fall sharply during the height of the pandemic President Trump accepts the Republican Party nomination taking aim at the democrats accusing them of, quote, trying to steal the election. We have to be very, very careful. This time they are going to try to do it in the whole post office scam. You can see them setting it up watch them carefully we have to win this is the most important election in the history of our country. Some breaking news coming out of germany this morning. From the eve o from t from the ifo data. 92 92. 6 versus the forecast of 92. 2 you may recall back in april when we saw many lockdowns the data started to cross then and we are seeing recovery in those numbers. The ifo Curr ....
Texas and louisiana preparing for laura to makela landfall asa possible cat 3 hurricane and facing new head winds of a pandemic and the end of an era. They start the end of a new slogan as Everybody Needs to keep their hands out of their mouth. This is Worldwide Exchange on cnbc good morning good afternoon good evening im Brian Sullivan thank you for joining us on a busy tuesday we have to start with the markets and your money despite whatever news there is out there, the money flowing into stocks just does not stop futures higher, maybe on possible headlines of u. S. china trade talk front all of this coming after yet another record setting rally s p 500 closing above 34 time higher and nasdaq hitting 37 records for 2020 the dow, now less than 1 away from break even on the year. Could get there today with the way t ....
Nasdaq up 20 and s p 500 futures up and it was another day of gains with the dow industrials closing 378 points at 4 00 oclock on wall street. Nasdaq up 67 and s p 34. Rioters setting fires and smashing windows calling for justice days after a black man is shot by police. Marco making landfall, hit the u. S. With less force than previously thought. The real threat from Tropical Storm laura looming in the gulf. Tiktok suing Trump Administration over proposed ban insisting its not a threat to National Security. Saving American Farmers. One famous man coming to the citys defense. Mornings with maria live right now. European markets in the green take a look. Cac quarante is up 36 and dax index in germany higher by 89 points. Overnight, mixed story in asia. Ta ....
How apples shakeup is driving the blue chips plus the online surge, best buy notching is 242 gain in ecommerce sales in the Second Quarter but can it last . Trade optimism, u. S. And china officials reaffirming their phase one commitment, the s p is poised to add to its record run. Jim, i saw you last night mentioning those changes to the dow and your general point was dont be fooled in thinking there is as much money indexed to the dow as to the s p. We said that last night, its been the theme all morning and theres been no sellers. One of the reasons theres been no sellers are the people who are now trading stocks in early hours have tremendous conviction in the face of being wrong its rather incredible because the hubris of these people they must think dow jones has a lot of money to it and it has to come out of exxon and into salesforce david, you have been at the forefront of the network in explaining the nature of the dow an ....
National security and tiktok says it is pure politics. And the official nomination of President Trump at the republican convention. He says his opponents want to steal the election. Haidi we have again u. S. ,arkets with fresh record highs a little relief given expectations of the fasttrack process when it comes to vaccines and therapeutics as well. The s p 500 notching another alltime high, there is optimism the virus will not hamper growth. We are seeing a muted session on it comes to the futures sessions, flat at the moment. Little negative when it comes to the start of trading in asia. The nikkei to do five trading in chicago seeing downside about 1 10 of 1 . Dollaryen holding. The biggest declines in the g10 space was the kiwi and looney. We are also watching the price of crude as we have twin storms approaching. 80 of refinery output in the gulf of mexico has been halted, potentially seeing some impact when it comes to crud ....