People disappear from westminster and it is quiet. You have been reading about the problems, and that is something on the social scene i suppose, and the controversy over which songs should end the problems, a musical event that happens every year. Of course it is much scaledback. I am preoccupied by the latest comings and goings. Tom we have Economic Data on thursday, jobless claims. What is the trend of the economy that you see . Right now in america aims to be almost a two art economy, very separate. A twopart economy, very separate. Anna we are talking this morning about the kshaped recovery. Going to john olsens great piece this moaning about how tech stocks do well, value stocks, other left behind sectors not doing as well. Even as we look at the u. S. Right now. Also really dominating in the news overnight. Anna a recovery, kitd juckes writing on that as well. An unusual august. For our briefing with first word news, there is ritika gupta. Ritika President Trump and speakers at
Interesting enough. We have the gdp numbers, the contraction in that economy, which is awful, obviously, but relatively good to compared to some other parts. Getting the test and trace progress going very efficiently. Fester e talk of an of Investor Outlook for another year. Tom the dialogue on furlough and income substitution over there versus what we see in america. With a briefing, our first word news with ritika gupta. Ritika President Trump and speakers at the Republican National convention put a positive spin on trumps handling of the coronavirus pandemic. The president thanked frontline responders and said the virus is going to be fading. Others warned what would happen if joe biden was elected. There is more work to do, but there is a light at the end of the tunnel. Jobs gains are outpacing what the socalled experts expected. But biden set by radical leftwing policies would stop our economic recovery cold. Hes already talking about shutting the country down again. Its madness.
equity futures at this hour. and it s been a very strong month for august that s the best august in 36 years. the s&p is up by better than 7% and at a record high dow futures up by 63 points. s&p futures up by 9. the nasdaq up by 43 and then take a look at pressure ri yields this morning. it s around 0.721% it is a trading day to remember. a new look and amgen, sales force and honey well becoming new members of the dow 30. and two other stocks you won t want to watch today and apple and tesla, both companies carrying out stock splits. apple at 4 for 5 tesla up 5 for 1 the stock prices reflect the splits and apple split changes it s way in the dow. as a matter of fact, apple split seemed to be what precipitated this round of changes in the dow, he ten sapple once it spli fun way around that. so we ll have more in the big moves. all right thank you very much. well, all right. stock giving us news. tiktok s china based parent company says a new chinese law makes a sale of as