High level talks end with bipartisan deal. Office of trade and manufacturing policy, Peter Navarro joining me at 8 00 a. M. Hour live coming up. It is jobs friday. Economists are predicting 850,000 jobs added to the economy in month of september. Unemployment rate to tick down to 8. 2 . Special long coverage begins this morning, all hands on deck at 8 00 a. M. Eastern. Markets reacting to the President Trumps coronavirus test. They are negative. Dow futures down 440 points. S p down 57 as the markets react to the president s diagnosis. This after choppy first session of the Fourth Quarter and ended in positive territory. Dow industrials up 35 points, nasdaq up 159 and s p higher by 17 at oclock on wall street. Mornings with maria is live right now. Take a look. European indices down, dax index lower by 139. Korea, hong kong all closed for holidays but nikkei average in japan open was down twothirds of 1 , breaking news overnight President Trump and First Lady Melania Trump have tested
Morning. Dow, nasdaq and s p scoring fourth straight month of gains. One of americas old retailers filing for bankruptcy. Lord taylor hit hard by the coronavirus pandemic. Surprising results of new study ahead. Mornings with maria is live right now. Dagen global action, european markets up across the board. The euro zone economy showing signs of some growth, purchase Managers Index there for july coming in at 51. 8. Anything over 50 shows growth. In asia overnight mostly higher, private survey of chinas Manufacturing Activity showing growth for july. Purchase manager index hitting 9year high. Gold shines, on a roll closing in on 2,000 an ounce. White house officials and democrats set to meet again today to discuss covid19 stimulus bill. Cheryl white house chief of staff mark meadows says we still have a long way to go and hes not optimistic about reaching a solution soon. Democrats want the extra 600 of Unemployment Benefits which ran out last week extended an republicans want to reduc
A virus lockdown winner has emerged. Its walmart. They have had the advantage of remaining open and they finetuned their delivery and pickup services. They have done very well. Look at this. Same store sales, up 10 . Huge. Sams club sales up 12 , even bigger. Ecommerce, now, this is a big one, up 74 , online sales. That is remarkable. The stock, we are quoting premarket now, the stock is up nearly five bucks, 3. 8 . Okay. This is going to be a live action day. Two top money guys head to capitol hill. Speaker mnuchin, jay powell, they will be discussing what they think still needs to be done for the economy. You want my opinion, please give us Liability Protection. The president addresses the nations farmers. What do they need and whats with the Food Supply Chain. We will carry his speech live. Thats in our 11 00 hour this morning. Then theres the market. After yesterdays 900point gain. That rally followed encouraging news on a vaccine from moderna and the rapid reopening of the economy
Lets go to our top breaking news story now its a big moment in russia china relations president s about to be a putin and she chimping are launching the new power of siberia pipeline lets cross over to that event live right now. And that brings a. Goal. Of taking on mutual trade to nova to 200000000000. 00 u. S. Dollars by 2024 contracts signed countries back in 2014. Biggest one for the russian natural gas. Over the next 30 years more than a. Trillion cubic meters of it will be supplied to china. Russia safaris. Has seen an unprecedented high tech project. A. Climatic conditions a new Production Center for natural gas has been set up in. The chain. Feel. Being it is now being a. Total. Distance of. Ply will be 3000 kilometers thats the russian stretch why its important for russia because this. Will be used for the are more Processing Plant it will be one of the largest in doing world and actually all of the facility. To supply natural gas. Are ready both on the russian and the chinese
The european model, which is considered the superior model on tracking of hurricanes. The gfs is close to that as well. The u. K. Model. I would go with that. Looks like late friday, early saturday. Fog, fog, fog. High pressure is building in. 50s and 60s. Santa rosa, 55. 61 oakland. Also san jose. 51, 56. The water temps thats normal this time of year. San mateo, only 82. Livermore, still below average. And san jose downtown. 70 to 80 today. High pressure continues to deflect everything to the north. The strong low they had in the Pacific Northwest is lifted out. Another will be here sunday into monday. But until then, well continue to have warmer temps. Not really hot. But into the low 90s for some, which is near average for some. Everything is pointing in the direction of the fog. Some of the bridges, its really thick. Thats a sign that inversion is setting up. Mid50s to gilroy. Aptos. Campbell is in there. If youre inland, temperatures in the 80s or low 90s by the coast and the bay