Upstreaming Movie Service with a little help from americas dad and why california government is not worried about an exodus of manufacturers. A view of elon musk. You are watching Worldwide Exchange here on cnbc good morning, good afternoon, good evening welcome from wherever you may be watching, im Brian Sullivan thank you for starting or finishing your day with us. Solidly in the green, the dow up about 240 points that kind of move would regain about half of what we lost yesterday with the dow dropping about 400 points all the maethor averages were indeed lower maybe the stock to watch today is the one we talked about all day on monday. That is moderna. On monday, enjoying that 20 pop on the vaccine news. Late yesterday, the stock fell it ended down 10 . In part because of the report by the medical firm or research or website stat news suggesting that vaccine experts were saying that the drug trial results that moved that stock on monday simply did not provide enough data to draw any
Ten weeks. But with todays move to the upside in a sector largely exposed to china and ahead of another round of expected tariffs in just a few days, where should investors be looking for protection joining us now to discuss, Oak Mark Fund Portfolio Manager bill nygren and nsz capital cofounder, bill slingerlen brad, you have some thoughts specifically around where is a good place to put money at this point. Specifically as it relates to regulation coming down the pike and semiconductors give us a sense, start with semis. Sure. So you know, we think theres no more interesting spot in the tech sector today than in the semiconductor segment, particularly for longterm focused investors. We know theres a lot of noise and a lot of volatility around the trade war and the trade talks that are going on now. We think ultimately, were entering sort of an ai cold war phase between the west and china. But that china and the chinese economy cant exist without cement conductors and frankly, the enti
Pictures of the fireworks in san rafael at the marin county fair. The show began at 9 15 pm and lasted for 20 minutes. We check in with deborah a bit later. We are going to begin with amber in San Francisco hundreds of thousands of people are expected to watch the Fireworks Show tomorrow night. Reporter we are at pier 39. One of the prime viewing spots for tomorrows Fireworks Show. San Francisco Police tell me they have barricades ready if needed. They are prepared for a large crowd. A Summer Vacation visiting San Franciscos pier 39 and waterfront appeals to many. The citys annual july 4 Fireworks Show is an added attraction. I heard this was going to be happening. Im looking forward to it. Im a veteran. I was in the army. Unpatriotic. I like the flag. And enjoy fireworks. Reporter crews are setting up for thursday nights fireworks displays. A celebration that is expected to draw hundreds of thousands of people. It is the freedom of the whole united states. You get to do what we want t
Then it will break away as we get away to about lunchtime. Heres a look at what is going on. You can see on the coastline. Inside the bay. Stretching over towards the inner east bay. Making it just right up over the east bay hills at this point. And now, beginning to encroach areas on 680, closer to ramon, dublin. Widespread on the east bay shores. San leandro, hayward. Fremont. As we get into the winds, the onshore breezes with us as well. Fairfield 18. Concord, a southerly gust of 23. As we get into the afternoon for today, the fog is expected to pull back. But our westfacing beaches will remain under 5. Then as we get into the evening hours, it ross the bay. Illegal fireworks by using its online tool. You can snap, click and report photos or video of anyone using, storing or selling illegal fireworks. And theres a 24hour hotline to report violators. The fines . They start at 500 if youre caught with illegal fireworks. And just this week. The Alameda County sheriffs office, confiscat
Trading resuming after all three major averages closing in record territory on wednesday and markets of course closed yesterday for independence day. Jobs report out in just over two hours. Economists are expecting 160,000 jobs added to the u. S. Economy. Unemployment expected to hold steady at 3. 6 . Joining me this morning, fox business jackie deangeles, max funds. Com cofounder, jonas and chief workforce analyst joanie courtney. Thank you all. Good to see you. One day after the holiday. So jonas, what are you expecting from the jobs report . Im expecting it to be a little weak, actually. Based on adp or Something Else . Based on the bond market. I dont think all these Bond Investors are wrong. I think were under a 2 yield because the economys slowing globally, not just here. Mostly globally, actually. If thats not what we get, the bond markets crash a little today and Interest Rates should go back up. Theyre basically pricing in a slowdown. I think stock market invests, which is at