Of a us recession continue to grip the stock markets. Investors seem worried the federal reserve has waited too long to lower the cost of borrowing. For more on what is going on in the japanese markets, lets bring in our reporter. Take us through what we are seeing in terms of numbers. It we are seeing in terms of numbere numbers. It is a crazy rollercoaster numbers. It is a crazy Rollercoaster Ride numbers. It is a crazy| Rollercoaster Ride day. Numbers. It is a crazy Rollercoaster Ride day. The next k up by more than 10 . This is the biggest Daily Rally on record injapan. Yesterday we were talking about the biggest points fall on record, even bigger on black monday, so definitely a much better day for investors injapan, a sigh of relief we can probably hear because the country now has many more retail investors than ever before because the japanese government has been encouraging people to invest in the stock market. The key aside from the weakjobs data from the united states last fr
Has bettered the world mark. I guess i have been fortunate enough do it several times now, but every time The Feeling is kind of the same. I think this was probably a more extreme version of The Feeling, but when im going over the bar, it isjust like. It doesnt feel real in a way, so that was more kind of hysteria and freaking out. It was a fantastic spectacle at the Stade De France and a very special night for the swedish supporters in the crowd. He is a legend already, but he will be a legend for a long time. Yes. I would say he is bigger than inaudible. He needed to challenge himself and win over himself and that wasjust magic, wasnt it . The best ending there could ever be. Wonderful i get goosebumps or whatever it is called. Especially when he took the World Record. It come here to Stade De France and see him getting the World Record, its a dream. There was gold on the track for Kenyas Beatrice Chebet in the 5000m. She produced a stunning finish down the home straight to snatch go
Who her Running Mate will be. Well break down where the race stands this morning. Also ahead an update on the markets following yesterdays global selloff. And well bring you the latest on the diplomatic efforts by the biden administration to ease tensions between israel and iran. Good morning. And welcome to Way Too Early on this tuesday, august 6th. Im jonathan lemire. Thank you for starting your day with us. Vice president Kamala Harris is now officially the democratic Partys Nominee for president. The democratic national committee says harris won support from 99 of the more than 4,000 delegates who Cast Ballots during the fiveday virtual Roll Call. Democrats held an early virtual vote in order to avoid any potential legal issues with ballot deadlines. Delegates will hold a ceremonial vote in person at the Democratic National Convention in chicago, which kicks off on august 19th, two weeks away. The results from the virtual Roll Call will be certified by the secretary of the dnc befo
Did not give a lot of clarity on wednesday, maybe itd be september. Then fridays economic data showed a boost in unemployment, not good. Then we had a weekend full of Fear Mongering around the middle East And Iran attacking israel. Then you had the japanese market go down, the largest amount since 1987. All of that together added to this crazy fear thing. We saw the vicks spike above 65 today, which showed fear, as your prior speaker said, not panic but fear. So i dont think this is much a reflection on the economy as much as a perfect storm around all these components happening in the market. You know, fundamentally, nothing that much has changed economically since ten days ago when we were trading at Record Highs across the Board And Everyone was saying there is never another down day on Wall Street. Nothing fundamentally has changed. Okay. That was new York Stock Exchange Trader explaining yesterdays global market selloff. He was good. Hes into. As you pointed out, and Andrew Ross S
Its been another really good day for Great Britain at the olympic games, keely hodgkinson s 800m gold, moving them back up to fifth in the Medal Table and after taking silver three years ago in tokyo, and also finishing second at the last two World Championships shes now the olympic champion, finishing ahead of Ethiopias Tsige Duguma and kenyas mary moraa. Hodgkinson had set the fastest time this year and by the second lap had moved to the front to set the pace, kicking on down the final straight. Hodgkinson is the first british 800m Champion since Kelly Holmes completed the 800 1500 double in athens in 200a. I think for me with the calibre we have in the Womens Aid hundred, nothing is inaudible until you have crossed the line. I wanted to get at heart. A lot of the girls get out hard and i thought it would be a bit of a battle to get in position which i think it was. Yes, it didnt pan out how i thought, but that is bracing for you. I wanted to stay out of trouble. It can be brutal out