Into his own hands uber road blocks and queue the countdown clock. Jobs numbers are expected this morning. Estimates are all over the map it is august 7 this is Worldwide Exchange here on cnbc we made it to friday good morning, good afternoon, good evening from wherever you are watching happy jobs friday as well. Looking at futures they are indicated lower down about 130 points. You can see the fair value slightly positive. Anything can happen. It was another big day for stocks on thursday another record close for the nasdaq the 32nd closing high. The nasdaq closing above 11,000 the First Time Ever is now up 62 from the march low if you are some genius who timed it go to sizler, if you can. Gold look at that another nominal record high. In 1980, gold hit about 1,800 an ounce. With inflation, technically higher then. The First Time Since the win streak in may up from 2006 gold is higher around the world different story. We have more in a moment the european markets are trading down not
Above 24,000 keeping an eye on whats happening with this. The dow has been up. The First Time Since february. If the dow is up again for the fifth session, the first time that has happened since the middle of january. Crude oil has been a big concern. That is down 11. 5 to 11. 85 you are looking at energy being the best performing for april even despite these big swings we have other energy news back with bp out the energy giant reported a 67 slide. Ceo Bernard Looney that the company had a good quarter tough environment here to date it has just been historic and went negative for a while. Back to 12. Crazy. Which is relative how many acres do you have there. You could store oil. Could you put a tank in the ground or just fill the pool we could probably do both we could do a whole oil field here no one Takes Delivery you would think given the challenges that uber is having, they would be doing oil delivery the other thing i told you to buy with all that land is live cattle instead, we
The table. Today the feds governor, Michelle Bauman says the policy rate may need to rise further to stay behind the goal. So what should we expect from Monetary Policy and for the markets overall . Joining us now is Marathon Asset Management chairman and ceo, bruce richards. Reminder, marathon has 20 billion in assets under management. Always good to see you. I do want to talk about the fed and inflation and everything, but i think we first have to start with the middle east and whats happening in israel. You see this as a macro challenge for the markets, for the economy . Well, first, let me say that we all pray for peace and stand with the president of the United States, who stands staunchly behind the support of israel. I say that as a personal citizen, as well as a ceo of marathon. Listen, israel is a great credit. Its an aplus rated credit. It has a strong currency, the equity market has done woeell or time, its bonds trade well and its debttogdp is over 60 . In terms of risks re
Jeremy corbyn says. But i think they will get picked pretty short shrift from the leadership. Theyre watching people like a hawk on this. Can we come back to you in just a moment, but it is just after 9 00. You are watching Sunday Morning with trevor phillips. In the last hour, israels ambassador to United Kingdom has told this program that israel is at war. She says that one of britain is in gaza as attacks continue. Here in liverpool at the Labor Conference, the partys Health Secretary west reading said he unequivocally condemned the action by hamas. He and as we are on top of the hour, lets get the very latest on the situation in the middle east now. And were going live to our own International Affairs editor, dominic waghorn. Hes in the southern israeli city of dominic, what is the latest where you are . Well the, latest here travelers were just north of gaza. What were hearing here is quite a lot of big israeli gardens, Firing Shells and gaza in response to attacks that hamas laun
Rain. One mostly cloudy day, you can see the signature, its lifting everything. After this system friday into sunday, its looking good. Too much cloud cover to the north to get those 30s and 40s, and this area is at 49. Mostly cloudy and more sun towards the south bay, High Pressure is building in. 50s and 60s on your temperatures. 4 01, 4 01 and here he is, sal. Thank you, steve. Were hoping for a commute so far. We dont have a lot going on when it many could to the commute. I see a flashing icon past 205. I dont see anything major reported and traffic is moving well. Were investigating and well let you know if that turns into anything major. You can see traffic is moving out nicely to the dublin interchange and to the castro valley. Theres no major problems. Just now, theres been a report of an accident on eastbound 37 west of wilson avenue in vallejo. Well check that are out for you. Traffic is moving along well, and there are no major problems at the bay bridge. Its dry, that will