And as andrew was talking about, with mr. Lansdale, big tech will testify. The ceos of facebook, alphabet and twitter will face questions from a Senate Committee this morning. We, of course, will bring that to you carl guys, a lot of jitters, jim, this morning, as to what macron may say later on tonight, european time. Your point on social media has been this premarket weakness is not about the earnings themselves. Right look we would be in a stay in place order if we adopt what merkel is talking about. We have never been on the same page as merkel when trump came in she is more rigorous about hygiene and about masks and social distancing than our country is our country is not the way of germany. I would say you see chicago close, all the dining places, and restaurants and start thinking about travel, leisure, hospitality, it then bleeds into boeing we have this morning and i think it is impossible to think about boeing without thinking about once you get there, where can you go . I th
A study suggest young people are not as immune as some, including President Trump, have claimed. The bank of new zealand faces a tough policy decision this week. Balancing a rebounding domestic economy against the increasingly uncertain global picture. Shery happening now, President Trump speaking at the white house. He abruptly left, escorted by security. He is back in the briefing room. He says there was a shooting outside the white house and it is now under control and someone was taken to the hospital. Pres. Trump he reported he heard shots. He was outside and he heard two shots. We dont know yet. They are going to find out. Do you know if the individual said something . Pres. Trump we dont know that. The secret service . Pres. Trump it seems to be. Where you take into the bunker . Pres. Trump no, to the oval office. Just told me when he came up, you saw it like i did. Sir, could you please come with me . I was surprised also. It is pretty unusual. But, very professional people. Th
1. 1747. , 1934. 74. Another busy week for the markets. 189 s p 500 Companies Due to report. Some already reporting today. We also have the fomc Rate Decision on wednesday as well. We welcome margie patel, Wells Fargo Asset Management Holdings Managing director. Characterize this earnings season for us. It has been encouraging. Last week, we have 20 of companies reporting. 80 of those were above expectations, even though many said they were not in the position to predict earnings for the year. Uncertainty, very pleased with the first reports. You to would that cause be a buyer of these companies, or is it more of a relief that we are not seen the bottom fall out of the market . Margie what it tells you is that, with no proposition from most of the fixed income market, stocks really look reasonably year ifve over the next they can raise their earnings. Many of them are in a position to do that. That is what the markets are reflecting. , theyes dont look bad dont look overpriced compared
Curbs. The amount of storage is 300 higher than a year ago. And global virus cases top 7 million in less than a week after topping 6 million. The u. S. And u. K. Show signs of a slowdown. India and brazil are the new hotspots. Taylor lets get a quick check of those u. S. Markets and a reminder of how they ended. Erased all the losses that we have for 2020. The nasdaq 100 continues to post more record highs. You see futures taking that in stride, mostly unchanged after what has been an astounding past few days coming up the big fridays jobs report. The optimism continues here in the monday trading. I do want to see how things are shaping up for some of the asian markets. For that, we have Sophie Kamaruddin here. Are asian markets extending some of the optimism we got in the u. S. . So, even afterestly we got warnings from slowing growth from the world bank. Kiwi stocks adding about one third of 1 at the start. Clawing back year losses as the country with social distancing rules. Austral
On whether to support the impeachment inquiry against President Trump. Lets get you started with a quick check of the markets. We are seeing u. S. Futures Holding Steady after the s p 500 closed at a record high, taking out its july alltime high. We had trade optimism with President Trump signaling the signing of a deal may be ahead of schedule. At the same time, a heavy week for earnings. More than 160 Companies Reporting this week, about a third of the s p 500 companies. 80 of the around 200 companies that reported have beat analyst estimates. We have tech and also communication stocks leading the s p 500. Today, the nasdaq gained 44th consecutive session. The Energy Sector weighing on the energy. Wti crude falling for five days after we have had signs of u. S. Stockpiles expanding. To see how things are shaping up for asia, sophie. Sophie the stock rallys look set to continue in asia. Aussie futures approaching record highs. Valuations in the region. Singaporeth korea and with a str