Dow futures are down by 40 s p futures down by 5. 5. If you want to take a look at the treasury market, the tenyear right now at this point, of course wti, i should point out, is down by 2 still trading above 24. The tenyear yielding 0. 7 0. 697 andrew well get an update on the pandemic the number of cases worldwide, crossing 4 million with 1. 3 million, thats in the United States the biggest hot spots in america are new york, new jersey, massachusetts and illinois all with more than 75,000 cases. Now, new yorks Governor Cuomo saying yesterday the number of new cases was back to the level from two months ago. Lots of good news there, when he first issued the shutdown order. Overnight, india, reported 4,200 new cases in the last 24 hours the largest single day increase in the country they are entering the final week of a nationwide lockdown a few cluster formed around nightclubs in south korea. They eased restrictions last week but on saturday, shut down all clubs, bars and discos in se
And inflation hopes are fading fast. Then President Trump steps up his attack on his potential election rival joe biden, calling on china to launch an investigation. Later, apple made a pricey gamble on the iphone 11 camera as more people get their hands on the device, we will ask if the gamble has paid off, but first, lets get you a quick check of how markets are trading at the moment. We are seeing u. S. Futures currently unchanged at the moment. It is still early in the session, but this, of course, coming after the s p 500 rose the most in a month. We are talking. 8 gain for the s p 500 as we had Week Services sector numbers, the weakest weve seen in about three years. That, of course, sort of raised odds the fed could be moving, and that led to investors pricing and more rate cuts. The dow gaining 122 points, and the nasdaq leading those gains with gains of more than 1 . We also had financials higher, but a little bit of underperformance that we saw against the broader markets as
Chip stocks soaring as President Trump eases the ban on huaweis purchase of u. S. Products. Weak manufacturing and Construction Data keeping the gains in check today joining us for the hour to break down the Market Action is lindsey bell from cfra good to see you again. Good to be here. Feels like a market that had a lot of good news baked into it already. Yes it did. I was surprised we held on to the gains for as long as we did. I thought we would get a sell the news type of thing sooner. I think the weak Economic Data not only here in the u. S. , but also in europe and china, really gave the market what they wanted in the terms of the potential for a fed rate cut next month. One day phenomenon or does this selling have some staying power . You know, i got to say, i think it is going to be a little choppy through the month of july, especially as we get into earnings season. We see how tariffs are impacting companies on the ground. Yeah. It is interesting, youre going to get earnings s
Proceedings. And when speaking before the commission, if you care to, do state your name for the record. Commissioners, we left off under our regular calendar on items 11 ab for cases at fulsome street zoning map and adaptation of feelings for shadow i believe that commissioner wu. Yes. Commissioners, i need to be asked to is recused bcdc a partner. Commissioner woo ho and second thank you ton that motion commissioner antonini commissioner moore commissioner wu commissioner Vice President richards and commissioner president fong so moved, commissioners, that motion passes unanimously 5 to zero. Okay kimberly Planning Department staff and the legislative affairs a remedy it on the proposal for the planning code zone height and map and a recommendations to adapt findings that the net new shadow casts on the park located 0 on 17th street and fulsome not adverse to the use of partitioning the the subject property on the west side of fulsome street between 16th street and 17th street in the
The chaplain let us pray. Immortal, invisible, god only wise, we look to you today for wisdom, as our lawmakers seek to do what is best for our nation and world. Lord, we admit that our human intellects have limits, for we know not what tomorrow holds, but you do. So guide us, sovereign king, we are pilgrims on planet earth. We are weak but you are mighty; lead us with your powerful hand. Amen the presiding officer please join me in reciting the pledge of allegiance i pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The presiding officer the clerk will read a communication to the senate. The clerk washington d. C. , september 6, 2013. To the senate under the provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable al franken, a senator from the state of minnesota, to perform the duties of the chair. Signed patrick j. Le