Its competitor, nikola the Airlines Holding up after Morgan Stanleys bullish call on the group. The analyst will join us kelly, first over to you major aver raages are hitting their lowest levels. Bob has a look at the stocks making the biggest move today. Bob, lets start with you. Were in a 40point trading range. Were about to break out on the upside i know this sounds crazy lets look at the sectors and whats moving. Were not getting a lot of help from technology. It rallied early yiier but hasnt been moving as forward were getting nice moves from the industrial and Health Care Stocks these stocks rallied earlier off of their lows. Apple was 119 earlier. Its not moving the market forward here in the middle of the afternoon. Still off of their lows. Same with microsoft, nvidia, lam and some of the work from home stocks they were lower earlier but not rallying dramatically. All of them down wayfair was briefly positive slack has turned positive. The stocks are all off their lows most of
Things look very different than in years past. It is a Virtual Convention. Speaks come in from across the country. Former first Lady Michelle obama, senator Bernie Sanders will speak there is a republican on the list, speaking at the Democratic Convention former Ohio Governor john kasich. President trump in person will make his way to wisconsin. He will be in oshkosh trying to rally supporters ahead of the Republican National convention which begins virtually next week. The real reason we are here to speak to the voters, trying to get a pulse of the people if you will. You will hear from some of those voters in just a few moments. First our top stories with fox Business Team coverage. Blake burman is at the white house. We start with Lauren Simonetti on the markets. Lauren. Lauren connell, good to see you. The markets are closing the session out mixed. We have a new record close for the nasdaq. Apple shares, where do they end the day . They are within striking that two trillion dollar
With the dividend although it will be far lower than last years. Hong kong media tycoon released on bail. His broken National Security laws beijing has branded him guilty. Breaking news out of south korea. We are getting Unemployment Rate numbers, and again, surprising to the upside. They fell to 4. 2 in the month of july, this after surprising to the upside the previous month, falling to 4. 3 in june. Of course, we have seen more job creation efforts. In fact, we just heard from south koreas Ruling Party Leader saying south korea will actively consider a fourth extra budget if needed. South korea has already pledged more than 225 billion in stimulus measures or roughly 14 of gdp to help put a floor on the jobs market, and right now, the july Unemployment Rate falling to 4. 2 . Lets turn to the markets and bring in Sophie Kamaruddin in hong kong. What are you watching . Korean alongside the jobless numbers, we are waiting on Australian Consumer confidence, due out later this morning, a
Very nicely here even the foreground just give this a couple of hours and we should see big improvements. A matter of fact the Golden Gate Bridge shot. But almost kind of clear at the very lower levels right at the base where that it will hire up as we get rid of the fog issue and there you see the clearing up that happens fairly quickly this morning, so well actually see it quicker than we did yesterday. Temperatures around the bay. Weve got 50s and 60s mixture off to the east bay santa rosa will chilly up there 49 54 going on for napa 55 San Francisco in 59 meanwhile to the south bay in san jose, up in the north a little cooler this morning and the south bay off to the east bay a touch warmer again all that will be corrected later on today we line up like this 75 by 11 by 2 were talking 87. Its going to be quite toasty as we get into the afternoon hours, however, no recall quite a heat spike will go and investigate all that coming up in a bit robin. Sounds good. Thank you dave what w
Through a windshield at sean monterossa. I have to attorney represen monterossa family says it looks like Vallejo Police have something to hide. How this could happen without some sort of cover up is going to be hard to understand for most of us. That seems to include top city officials. Windshield was tossed out and the truck repaired without the approval of the police chief or city attorney. A city statement said in part the employee has been placed on administered of leaf while the city retains investigator into the instruction of evidence. Those items should have been stored in evidence immediately that night. The truck should have been taken on a flatbed. The family helps to do an independent investigation. The windshield was believed to be key evidence. The windshield itself is necessary for our experts to be able to view in person. A photograph is not sufficient. It does not look good for vallejo pd. This is yet another black eye for both departments, grappling with shooting and