He will propose to tell the eu you will let brexit talks fail rather than compromise. The Withdrawal Agreement is a legal obligation. Congress returns amid a standoff on stimulus. President donald trump says its democrats that dont want the deal. ,e speak with a high speaker nancy pelosi, later today. 9 00 a. M. In downtown. Annmarie, good morning to you. You rummage around in a top read stories. We both converged on tech and beyond. Peter oppenheimer, who we both interviewed several times, believes in tech. As we come back after labor day. Its not 1990. I will ask how old you were in 1990. Evaluations are not stressed. Good morning, how are you. Annmarie i think we are probably in very different places in 1990. Manus [laughter] annmarie oppenheimer is taking the bullish view on tech. Their Technical Strategist says history, if its to repeat itself in terms of the market, we will have a third day, which would be today. They are seeing this downdraft, but oppenheimer is looking at the p
This is the profit, my biggest wins and most heartbreaking losses. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not going to wake up every morning wondering if we have a job. Were going to wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings going to change. Everything. But i do it to save jobs, and i do it to make money. This. Let go to work. Is the profit. Its hard to believe that ive been doing the profit for several years now. And ive done a lot of deals with a ton of businesses. We have a deal . We got a deal. Partner . I think most people are under the impression that if the deal ends well, then its, like, millions for everybody and its going to be great. Wow. Congratulations, guys. Thanks again. Get your ass to work. It just wasnt true. Im not sure who to be pissed at myself for doing the deal, or you guys for letting this stuff just sit here. In order to understand how i look at wins and losses
Will see the winds pick up as well, so changes ahead. Heres a live look with the Treasure Island camera. Great start to the day right around the bay, clear skies inland for concord, livermore, and san jose. In the mid to upper 50s as we kickoff friday and as we head into the afternoon. Mid70s in oakland, upper 80s in san jose, and 90 degrees for concord. Still heating up inland this afternoon. I will let you know what you can expect for the weekend. Details on that are coming up, back to you. Developing this morning, the u. S. Seeing a disturbing trend in new coronavirus infections. On thursday there were more than 36,000 new cases, a single day record according to Johns Hopkins university. The previous record was set back on april 24th. And this morning, texas is pausing its reopening plans, a new study from Baylor College of medicine says if Current Trends continue, houston could be the most affected city in north america as we continue to track the hotspots. Back in the bay area, on
India italy locking down the whole country. Lets get straight over to the markets now, we are joined by Sarah Ponczek. One of the one of the highlights . Helling say the the selling has not stopped. Saw a limitafter we down in futures yesterday, we and at the same time we have new zealand coming on, getting closer and closer, well below the 200 Day Moving Average which served as support earlier on. At the same time, we have seen dollaryen moving closer and now the yen is trading at the highest level. Prior to the president ial election in the United States, and also, the vti crude oil extending losses again after the worst day since the 1991 we have seen absolutely massive moves. Day, we didf the close down 7. 6 and if you look at the different barometers, we have seen massive moves. The average move over the last eight trading days has been 3. 7 , that is the largest going back to 2008, so to put into context the amount of volatility we have seen, the vix also at [indiscernible] lets
Higher. We had a Statement Issued from the bank of korea after a government meeting that outlined some potential support measures. The asx 200 at one point close to 4 , now higher by. 8 . Than twoes up more point 5 , this after President Trump spoke. We are also seeing safe haven bids. The dollar yen after moving towards 100, back wrenching above 10 three. The worst g10performing currency today. Gold also falling for the first day in 4. Treasury yields shooting to the upside. The 30year is up nine basis points. Some of the largest moves we have seen to the upside for the 30year over the past three years. Haidi Sarah Ponczek, taking a look at the action. And how very quickly the market story is changing here in the Asian Session. Singapore forr to more analysis on where the markets are going and what the catalysts are. Joining us is all across asset. Ditor, joanna what are we seeing in terms of this slight shift in the markets . Pretty typical after you have such a big down a deep marke