Classes. Pricee the new york crude under pressure. We have this key meeting taking place of opec plus today and tomorrow. The gold price at the moment is showing weakness. Buy yourself finance. Bitcoin is erasing some of the 9 . Es by going up nearly lets look at the other first word news headlines. Lets join karina mitchell. Karina bloomberg has learned readingna the latest on chinas economy shows recovery is getting momentum. Manufacturing and services, pmi data both beat estimations. In aty performance came 52. 1. The economy is gaining strength despite sporadic epics of covid19. Bloomberg has learned chinese regulatory officials have said that the chances of jack mas stockoup revising its are looking slim. They are still reviewing changes needed to appease regulators. An additional delay would be a setback for ma. Has big dollars the fight to overturn his election will not reach the supreme court. He told fox it is hard to send a case there and he probably wont succeed. He rehashed
Upper 106 level before u. S. Retail sales and trade talks are planned for the weekend. We are seeing dollar weakness in recent days. Gold futures at 1946. It is above 1900, a wild ride for the metal after surging 30 this year. We saw the plunge below 1900 tuesday. Gold is still an of the bestperforming commodities of 2020. 66. 22. 10 year yield at lets flip the page and look at where we are in terms of the chinese shares ahead of a slew of data for july on friday, including Industrial Production and retail sales. The csi 300 is in negative territory, down. 4 . The yuan is at 6. 93. The hang seng is getting some gains. Center, infront and negative territory right now even as it the highest estimate. Tencent also played down the Trump Administration as we check been. Ban wechat the kospi is up on a 52week high. Look at southeast asia, this is asias worst performer this year, correctly up. 5 . It may rise to between 6500 to 7000 this year, driven by pretty much the government stimulus pac
Performing significantly better than europe, also pointed to stock that has the u. S. Market gains against other countries. We will continue listening to the president and see if he has anything more to say. We are waiting on anymore comments from a u. S. Stimulus package, not to mention ongoing u. S. China tensions as we are getting close to that and of wecheck. Pps tiktok and quick check of stocks trading at the moment, u. S. Futures holding flat after u. S. Stocks surged briefly to a record high, reachedthat 3386 level february 19, before the pandemic. The s p 500 closed 1. 4 percent higher, tech leading gains. Nothing specific driving the rally, Speaker Nancy Pelosi saying lawmakers are miles apart on another fiscal stimulus package. The s p 500 index saw the biggest jump in over five weeks, all 11 Energy Sectors rose. Look at what oil is doing at the moment. We are seeing it under a little pressure, headed to the 42 a barrel level, after jumping in the new york session to a fivemo
With a warming trend. But it will not be like last week. Overcast up in the north bay. Towards San Francisco, oakland, hayward, fremont and san jose. And well check in. Santa rosa, 57. Napa, 54. And San Francisco into the upper 50s. Heres the forecast for today. For this morning. We know it. Cloud cover in the short term temperatures from the 60s, the 70s to the 80s. Today should be a little warmer compared to yesterday. Santa rosa, 83. And mid80s out toward concord and antioch. More on your fiveday forecast in a few minutes. Lets check in with allie right now. Shes checking on the roadways. Yes. During the 6 00 hour, things started to pick up. And 7 00 now. And things are on pace to stay that way. Lets go to the maps. Westbound highway 4, two vehicles involved. The backup extends to antioch at the left of your screen there. In orinda. From there, well look at 880 in hayward. Earlier crashes at wynton and hesperia. And the southbound direction has still cleared. Slow going through 880.
Need you, lets get started. We have got the guy that tried to shut the engines down out of the cockpit. Dicey moments on board an Alaska Airlines flight. A bay area pilot now charged with attempted murder. We should have those hostages released and then we can talk. Dozens of hostages still held captive in gaza, but two more are now back home on israeli soil. Some people have fallen into depression and its rough. Its back to the bargaining table today for actors and studios. Could there be new hope to finally end the sagaftra strike . Purdy steps through. Floats it, hes picked. And thats it. A miserable minnesota night for the niners. And just like that, the team is on a losing streak. Got to go to the playoffs and got to make it far. So i think its going to be a good season and im always hopeful. And hopefully the warriors can get your mind off last nights niners loss. The excitement is building for Opening Night at chase center. Good morning to all of you. Im nicole zaloumis. And muc