From Home Software stocks. And tech continues to lead, apple, netflix up 4 it is walmart the top performer in the s p 500 were going to dig into that one. Record close watch 59 minutes left to trade. That meat and potato and delicious gravy joke from tyler. A bit of an inside conversation between the two of us today. Of so apologies for that lets have a look at what is coming up along with the meat, potatoes and gravy the ceo of labcorp joins us. Florida is severing ties with quest diagnosics and walmart upping the stakes with amazon announcing the launch of the prime competitor well discuss with the former head of walmart u. S. And a food giant bets into the biotech game well speak with the ceo of nest nestle bet with a peanut allergy treatment. Mike santoli is tracking the action on this first day of september. Josh lipton is focusing in on apple and what could be the next catalyst for that stock. And phil lebeau has details on teslas Share Offering we have another tack on rally. A l
China has now sanctioned almost a dozen u. S. Officials in retaliation after the u. S. Sanctioned several chinese officials last week. We are standing by for the president to deliver another is briefing after he signed four executive orders over the weekend on issues including payroll taxes, student loans, while lawmakers are still negotiating a possible broader relief bill. Joining us to discuss, abigail doolittle, looking at the ups and downs. Were there any clear drivers in one direction today . Abigail there really were not. Then, the bulls were out, we reverse lower. The nasdaq had been lower all day. But we saw today is what some are calling the reopening rotation. Some of the cyclical sectors, those climbed. As we saw those sectors climb, that is when some of the tech stock. Apple rebounded. The dow also backfire. The nasdaq did not make enough. Seventh update in a row. Longest winning streak since 2017. The russell 2000, that shows that divergence, the more value and cyclically
This is tomas decks and he used to be a bank clerk now in his new home of china hes a star like. Almost x. And is an influencer he promotes German Companies online in china he spent the last 4 years living in shanghai watching how chinas digitalisation history in past that of germany. This includes payment one standbys as coffee but thats not all. Musty x. And uses apps to organize his entire life. 50 stuff with advice for instance i can use city service to check how much pension ill get Health Insurance parking tickets you can even pay your electricity your doctors bill how you can do just about anything in just one simple app i dont carry my wallet with me just my cell phone and you know but. And since this is now the case for most people in china even the poorest have switched to mobile payment this man is wearing his painted up coat around his neck. Did the digitalisation really is a revolution would you dont get to choose whether to take part in it or not if you just. After. Digit
Might be a 2nd time the Global Economy is forced into ben demick induced standstill now many are looking at australia which is grappling with a 2nd wave of corona virus and could provide a look at how to deal with it. In melbourne the police are checking whether people who tested positive for the virus are awaiting test results follow self isolation orders if they dont show up at the door they can face fines as high as 20000 australian dollars. Melbourne home to 5000000 people feels empty all nonessential stores have been forced to close and even essential businesses such as meat packing have been ordered to reduce the number of stuff working at one time theres also unlikely curfew from 8 pm to 5 am. Melbourne is experiencing some of the toughest restrictions in the world. Place rules are there for all of us and now victoria has the right to be out of style well i think all i can do something that no one else is allowed to do youve got to follow those rules theyre incredibly important.
Critics say he failed to deliver on most of his promises. One of chinas biggest conglomerate says it is optimistic despite divisions with the u. S. From the boss involved. Shery we are getting Industrial Production numbers from the month of july in south korea falling. Missing estimates it would only fall by around 2 . We also have the month on month numbers. A gain of 1. 6 . That is missing estimates it would rise more than 2 . This is also a deceleration in gains when it comes to those numbers from the previous month. We do have the outbreak in south korea worsening. Virus pandemice within south korea and overseas. The numbers are not that surprising. Improvingn numbers and the slump easing for the past three months. When it came to the numbers in august, we saw the number starting to deteriorate. We are seeing those Industrial Production numbers missing estimates. Contracting 2. 5 year on year. We do get tomorrow, south koreas Second Quarter final gdp numbers. We will be watching th