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Giving a lot of insight well be bringing you results apple, amazon, alphabet and facebook all report their earnings coincidence those four Companies Make up about 16 of the s p 500. Worth about 5 trillion combined and come a day after the heated antitrust hearing. Wolf, this is a good read in for you. For sure. There was meant to be three of those. Facebook got moved from yesterday to today after that hearing. After the close, we are waiting for two economic reports it is thursday, that means weekly jobless claims. Another 1. 4 million filed for the first time last week the first read on Second Quarter gdp. The economy likely contracted by 34. 7 . Both jobless and gdp due at 8 30 eastern time you look at those numbers down 34. 7 from the estimate we know it, weve been hearing from companies and what has been happening. Thats a lot of news to digest ahead of all of these repor ....
Senior executives started trying to bring him down months before he was first attained. Governmenthong kong admits chinas security rules may not conform to longtime practices, but the Stock Exchange insist things will be better in the long run. I think this certainly creates a clarity and stability for us to move forward. Lets take a look at the monday morning markets. A tepid rebound after we had the biggest route in about 12 weeks on the back of that retailfueled surge we saw in valuations. This is what we are seeing when it comes to s p futures, down about 1 . Chicago nikkei futures also lower. Positive,ures in the still indicating a downside of about. 2 . Then stocks trading at lowest in about two weeks. Kiwi stocks, trading underway. After we heard a contraction when it comes to the Services Industry and a bit of a pullback when it comes to the aussie and kiwi dollars ....
People who have already tested positive. They do not want the virus to spread any further so well talk more about how theyre going to handle them once they get and oakland, im darya folsom and im James Fletcher will get all that half a moment first want to check with weather and traffic find out of 30 problems out we did you will begin in the Traffic Center robin thank you we do have a hot spot that were waiting to a clear get out of the way it happened at 5 30 this morning. And that really stacking up traffic on westbound 80 its 80 west after solano avenue. Its a multi vehicle accident that theyre working with in the 3 left lanes so Traffic Alert remains in place. And its really impacting people on the upper east shore freeway its crawling out of hercules back from highway 4. But if you get on the freeway anywhere after ....
Told that President Trump to declare National Emergency today. We know that the president is holding 3 00 oclock News Conference which he tweeted about earlier today so we will see the president before the cameras 3 hours from now. National emergency likely to involve the stafford act, not to get complicated. Stafford act involving fema and resources that come with fema. Bottom line the president to be taking next step which would be declaring a National Emergency as response to coronavirus. There were reports earlier today out of brazil that the brazilian president bolsanero tested positive for coronavirus. The reason why its important because the brazilian was at maralago, there were dinner there, however, bolesnaro has gone on fox within the last 30 min ....