Youre watching are to international this friday thanks for joining us for a live news update this hour. Russias foreign minister has urged germany to provide whatever information it has on the alleged poisoning of an external volley the russian opposition activist has been in the hospital in berlin for almost 3 weeks and recently emerged from a coma 70 lavrov stressed that berlin has an obligation to hand over data in the case. But still you said your minute of the german representative to the u. N. Said the data is no longer not for bilateral relations between germany and russia but a matter for multilateral proceedings what kind of proceedings the germans are talking about they were unable to say in the interests of our german colleagues we urged them to provide all necessary information which might in any way should lights on the absolutely unfounded accusations. Berlin and moscow are both demanding answers germany says its passed on all its information on the on the case to the Glo
Out. The billionaire Tilman Fertitta will be here power lunch starts right now the dow making major moves to keep up with the changing times and the changing economy bob is looking at the moves and how they will affect the markets. Bob a bit of a shake up in the dow but the moves make some sense. Let me explain why lets take it piece by piece first we have salesforce. Com replacing exxon mobile the apple split has reduced the tech weighting in the dow and we need more Technology Sales force reflect the growing importance of Software Overall in the u. S. Economy. You dont need two Oil Companies in the dow you dont need exxon and chevron with energy only 3 of the s p one of them chevron will do. Lets look at the dow industrials. Pfizer is the lowest stock price in the dow the price would be even lower. Another reason to move it away amgen is reflecting the growing importance of the biotech space. This sounds like two industrial swaps and they are theytheon overlaps a bit with boeing now,
Would override the divorce deal British Government. Internal market would breach International Law. Life for moscow this is international on calling brian these are the headline stories and reaction that weve got for you this hour. First this hour for you germany is handing over its data on the case to the Global Chemical weapons watchdog earlier urged russia to investigate the alleged poisoning of the opposition activist while also climbing to hand over evidence to moscow. Discussed the story with. Just seems like this political dispute over the alleged poisoning of alec saying of all me is entering its next chapter germanys handing over the evidence it claims to have to the o. P. C. W. In the kremlin has already said its not happy about it. It looks like. But its not. Including the kinds of clinics. Its not the case. Germany is having trouble sharing the information with us we have no idea what 300 over to the w. So this is basically the essence of whats been going on over the last c
How apples shakeup is driving the blue chips plus the online surge, best buy notching is 242 gain in ecommerce sales in the Second Quarter but can it last . Trade optimism, u. S. And china officials reaffirming their phase one commitment, the s p is poised to add to its record run. Jim, i saw you last night mentioning those changes to the dow and your general point was dont be fooled in thinking there is as much money indexed to the dow as to the s p. We said that last night, its been the theme all morning and theres been no sellers. One of the reasons theres been no sellers are the people who are now trading stocks in early hours have tremendous conviction in the face of being wrong its rather incredible because the hubris of these people they must think dow jones has a lot of money to it and it has to come out of exxon and into salesforce david, you have been at the forefront of the network in explaining the nature of the dow and you see this, too. Arent you shocked that even after w
And Lisa Abramowicz. Tom good morning, everyone. It is news packed. Politicsng things on and international relations. The operative word this morning is stimulus. It is stimulus in europe, an announcement shortly, and presumed stimulus meetings in washington. Jonathan in europe, it is about signal, not size. Making progress, they meet again at four clock p. M. Local time, 10 00 a. M. Eastern time. In the United States, it is about size. Theres a 2 trillion spread between democrats and republicans as Congress Returns to work in washington. Not small change. Tom what do you see in the bond to 4 when it devolves trillion, ive even seen a 5 trillion deficit . What does the bond market look like into the end of the year . Lisa it is wide open. Basically, saying we will give you money at the lowest ring cost on record in order to borrow money. You see that for the u. S. Government, also for u. S. Corporations. Right now, the cost for investmentgrade companies to borrow in the United States i