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They are getting under way. Protesters in new york citys union square are holding a kneeling moment at this hour. While we see a standoff at city hall in philadelphia, to the right of that, then we have the aerial shot of protesters who are marching in gaithersburg, maryland. All of this follows a tense weekend filled with violent protests, riots and looting of businesses both big and small, in cities and towns across the nation. This is not simply limited to big urban areas. Weve got team fox business coverage here ready to show you some of the damage on the ground live. And Corporate Americas reaction as companies from apple to microsoft to nike to netflix and others comment and make moves on the state of race in america. Plus, a major voice on wall street and a leader in the africanamerican business communi community, Tracy Maitlands family has a historic tie to Martin Luther king jr. The president of Advent Capital Management who drew the company to 9 billion, is here to tell us what he says must happen next. Its a fox business exclusive. And blood has become a big business as companies searching for a cure to covid19 seek to do it by testing and experimentation. One Company Provides that blood. They are here to tell us how much the blood goes for and what kind of demand they are seeing. Markets are higher as they shake off political unrest and increasing tensions with china. Dow jones industrials up 113. We have the s p moving higher by 16 and the nasdaq gaining 69 points. Less than an hour to the closing bell, it will be a very busy hour, lets start the claman countdown. Liz we begin with this breaking news. At any moment, we are expecting to receive the findings of the independent autopsy of george floyd, the man who seven days ago was killed by a Minneapolis Police officer. Attorney ben crump, known for his civil rights work, will hold a virtual News Conference to announce the results. Hes going to be joined by his cocounsel, antonio romanuci and the medical professionals who conducted this autopsy. We are going to let you know their findings as soon as we receive the details. So much of what is happening right now may very well hinge on what comes out of that autopsy. We are seeing a sea change in the last 24 hours as well, among Corporate Americas ceos. They often steer clear of conflict or in polarizing times but many are now taking a stand. Apples tim cook, the ceo of the worlds most ubiquitous tech company, sent a memo to employees sunday, even as looters smashed their way into apple stores from phoenix to minneapolis, portland to chicago, cook addressed the killing of george floyd, saying quote, we could have no society were celebrating unless we can guarantee freedom from fear for every person who gives this country their love, labor and life. To intel which is pledging 1 million to Community Organizations focused on social injustice. We have facebook pledging 10 million. Peloton donating 500,000 to the naacp. Intel down 1. 6 . Facebook up 2 . Peloton getting a big move up by about 6 . Media companies are also expressing solidarity with Peaceful Protesters. They include netflix, disney, at ts warner media, and fox news itself has denounced the arrest of a cnn crew. The journalist at the warner media run Cable Network were handcuffed on Live Television while covering a protest in minneapolis. They were released an hour later with no charges. With so much chaos going around the nation, no surprise that Police Body Cam and equipment makers, digital ally and Axon Enterprises are spiking. Digital ally up 71 , Axon Enterprises, the parent of taser, is up 16. 6 . They make surveillance equipment as well. So a move there certainly on those two names. We are now day seven of these protests. We turn to our team fox business coverage. Our reporters on the ground covering Economic Impact of the protests and the riots gripping the nation. Kristina partsinevelos is live in new york city graineand grad trimble is live in chicago. We want to begin with kristina. Obviously union square protesters are starting to trickle in i guess for another day of demonstrations against Police Brutality, sparked by the death of george floyd at the hands of that Minneapolis Police officer, but what are you seeing down there and what are you hearing at times square . We hear there will be protests there as well starting right now. Reporter right. So you have union square, what we are expecting in times square, though, is a 3 00 p. M. Gathering. Here, you are starting to see several groups with their signs, very peaceful, i have to add. You have here, take your knee off his neck, one sign. If we can move to this crowd over here with black lives matter, they have been protesting extremely peacefully. They arrived roughly within the last hour so i would say about 100 people, alining the parks on the east and west side. You have 20 Police Officers on each side as well as the south side but with the situation we have seen throughout the entire day, is a giant construction site across the city. Why . Because everybody is boarding up their glass windows. We know that looters and vandals just destroyed property and not only south of 14th street and union square, where we saw a lot of the marching, but random acts of vandals, even north of the city you are seeing random coffee shops targeted, the ups store, and looting going on, if we can show you visuals from this morning we went to a duane reed and also a 7eleven in broad daylight. Today we witnessed as a camera crew, we witnessed looters go into the 7eleven and try to steal all the cigarettes as well as beer. I witnessed two men trying to go into well, they successfully went into a gnc vitamin shop and stole vitamins there. This comes as businesses are slowly starting to reopen. They are reeling with the shutdown and lockdown thats affecting big and large. Target announcing cloesures, cv has 250 stores damaged by vandals, mall of america delaying their reopening. Near the city, if we can pan, i will show you quickly because the crowd is gathering, you have just planks of wood all across all of these stores here. Its only preparation for the worst but you asked what the expectation is going forward. Police are ready and it seems like the next accept is meeting in times square. Its going to be all across the city. Unfortunately, its affecting Small Businesses. This is what takes away, you are damaging not only Storefront Properties but damaging what these Peaceful Protesters are actually protesting for. You can see here, still very very quiet but we are early on in the day and hopefully yesterday and the previous days will not be repeated this evening. Back to you. Liz thank you very much. We will go back to kristina who is on the move with the marchers as soon as we let her go. In the meantime, to grady trimble, who is now on the south side of chicago. Grady, yesterday you witnessed the looting of multiple stores on the famed michigan avenue. Tell us exactly whats behind you here. Reporter this is whats left of a Beauty Supply store. Yesterday in broad daylight, apparently looted and then it burst into flames, smoke billowing for several hours as fire crews tried to put it out. I want to walk down, if we can, to the rest of this plaza because theres a metro pcs store here, everything taken from that store, then this is a citibank where they are currently working to board it up. Thats what we are seeing all around the different parts of chicago that have been hit hard, people boarding up their windows after getting hit and people protectively boarding up their windows in the hopes that it stops them from being hit. I want to show you some video from yesterday. Some of the looting took place in broad daylight. Some of it, it got worse, i should say, in the evening hours. Mayor Lori Lightfoot says it spread like wildfire, at times they were taking 2,000 911 calls every half hour. This also turned out to be one of the most violent weekends in chicago for 2020 and again, this is as chicago was getting ready to enter its third phase of reopening on wednesday to include retail locations, to expand their capacity as well as outdoor dining. I talked to a Small Business owner who owns a Clothing Store in the wicker park neighborhood. She says she was getting ready to reopen her doors on wednesday, now she doesnt know what shes going to do. One thing thats been encouraging in all of this is obviously there are these professionals who are here boarding up but we have also seen a lot of volunteers helping out and i spoke to one of them today about the impact this is having on businesses but also their communities. Listen. What really breaks our hearts is the Small Businesses that are being destroyed. They were already struggling before covid and they were going some of them were going to open up in the next week or two, and you know, the glasses are shattered and like were just doing what we can. Reporter as we enter that next phase of reopening here in chicago, we dont know if its going to happen on the timeline that we were expecting. Like i said, wednesday was the target date for that expanded retail reopening as well as outdoor dining, and at this point with so much unrest, the National Guard here downtown essentially on lockdown. Nobodys allowed into the city or out of the city. Public transit shut down and now theres talk of these protests and looting extending into the suburbs. We dont know whats going to happen with reopening. Theres no decision at this time. Liz . Liz grady, thank you very much. Grady trimble. The spark plug that has ignited the nations burning questions about racism, Peaceful Demonstrations against it and the violence that has begun to rage, how will we douse the violence that has clouded the original message of these protests against what happened to george floyd . Wall street veteran Tracy Maitland grew up in the bronx and today is president and chief Investment Officer of Advent Capital Management. Stemming from his familys legacy with dr. Martin luther king, jr. , tracy has a very pointed idea on what business can and must do. He will join us at the bottom of the hour. Check the dow right now. We are up 88 points at the moment, with the closing bell ringing in 49 minutes. Up next, as the nation faces, you know, multiple historic threat levels, the pandemic, the riots in nearly all major cities and the new specter of war with the worlds number two economic powerhouse, our floor show traders are here on whether its time to stay the course or change the course. 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Just moments ago, it is a peaceful protest, what you see here are multiple people, lets call it a hundred, 150 at the moment from what we can tell, who are lying on the ground in an area that is usually heavily trafficked by foot. So the nasdaq is at about 43rd and Seventh Avenue which of course, meets right there in times square with broadway. You can see a lot of stores there and to the right, you so t see the new York Police Department outpost that has been there for many, many years and of course, broadway and all the theaters have been closed since the coronavirus. You will also glance in the back of the crowd, now it looks like several hundred as we turn around with the camera crew there. You can see as well that many of the stores have been boarded up in anticipation of protests and concerns about violence but at the moment, very peaceful, as people lie down on the ground. I do just want to make a point, too, that this area was close to traffic several years ago back when Mike Bloomberg was mayor. He made the move to close certain streets to traffic and make it just simply be the crossroads of the world where people could walk and be very comfortable at the moment. So we will keep an eye on the situation in times square. For now very peaceful. Let us shift to the markets and to the economy. Are we finally seeing perhaps a few of the bits of wind of change in the current economic climate . Let me give you the ism index, the piece of data that gives us the sense of the health of manufacturing in america. Look at this, it actually climbed to a better than expected 43. 1 in the month of may, from aprils 41. 5 reflecting the new strength as the nation begins to reopen. The markets which had been down this morning immediately turned around as soon as that boost off the 11year low last month hit the tape. We continue to see some gains here. Considering markets are now at threemonth highs, lets bring in our floor show traders, here on whether you, the investor, should lower your stock exposure to maybe avoid Collateral Damage from what could be a cold war, trade war with china or another violent night of riots around the country. Phil flynn, i will begin with you. The risk factors are right in front of our faces here, yet the market continues to enjoy a bull party. How worrisome or expected is Something Like that and would you advise investors to shift around a bit . You know, i think right now, you want to stay calm. I think that could be said for the entire country. We are going through an emotional thing right now with these protests and riots and theres a lot of tension. I believe in the american people, i believe we can still come together and try to work through these problems. Im pretty optimistic and i think the market is as well. We are seeing green shoots in the economy. We are seeing things start to get better and hopefully as the economy starts to get better, some of the tensions we have seen over the last few days will start to calm down a little bit and we can focus. China obviously a big problem, but china was going to be a problem anyway. We have been through the trade war situation, we have been through the volatility. At the end of the day, what we find out is the u. S. Has a tendency to win these trade wars and the stock market is overall benefited from the tension. I think at the end of the day, i wouldnt, you know, dont sell, you know, sell out of everything right now. Wait to see how things play out. I think you will be rewarded at the end of the day because i do think we will come together. Liz tom, you are at the new york stock exchange. Again, we saw the markets make a 180 going from negative to positive on a piece of Economic Data that looked better than expected. But you know, if we look at the risk factors in the market, the pandemic is still here, theres a new outbreak in one region, the rust belt of china, and people are wondering what really is next when it comes to these protests and when the sun goes down, although we just heard from our reporter Kristina Partsinevelos that this morning in broad daylight, she saw looting right in front of her. You got businesses, many of which we know whether its foot locker or citibank or cvs or duane reed who have been subject, target, 200 stores have been affected, and it makes you wonder at the moment what really will be a tipping point, if anything at all, for the markets and perhaps it might be nothing. Maybe it is what phil says. We believe in the spirit of america and we are moving forward, not backward. Well, liz, the last time i was on, we talked about a rotation into cyclicals coming out of a recession and as we have seen since then, the last couple of weeks, those groups have dramatically outperformed. I think this is a shortterm situation with the looting and the protesting that will work itself out over time but what we are watching and people are watching is 95 of the s p 500 stocks right now are above their 50day moving average and most people are saying thats overbought except this has happened five times in the last 20 years after a 20 plus correction in the stock market, and 100 of the time, it was the beginning of a multiyear rally, not the end. So there is cause for positivity, especially when you look at global fiscal stimulus is now 12 of global gdp. Thats a tremendous amount of stimulus thats coming in and i think thats going to continue to help these cyclicals like you saw in the last recession, the laggard value stocks actually outperformed Lockheed Martin is up ten times from the last recession, home depot, boeing, United Health care, and microsoft, all up 10x. They were laggard value stocks and they led the way and we are going to see these type of cyclicals lead the way moving forward. Liz yeah. Sure looks like recessions have been quite the buying opportunity. We remind everybody the may jobs report comes out friday. We are expecting an Unemployment Rate to jump from 14 to 20 , possibly as high as 20 . Tom, phil, we will check back in with you as the days go by. Thank you very much. We do have the closing bell ringing in 38 minutes. Again, we want to let everybody know as we are watching the markets with one eye, dow is up 93, green on the screen, s p moving higher by 13. Look at the russell small caps, up 1. 5 right now, or 20 points. We are keeping another eye on the protests and of course, the pandemic. No, we have not forgotten about that. Gileads remdesivir, this drug that has shown some real promise when it comes to treating Covid Survivors or covid victims, showing mixed results in stage three trials. Its shaken the faith a little bit when it comes to investors as the antivirals potential to be a game changer in the pandemic fight is still a little cloudy. That stock is down 3 . But dozens of biopharmas scientists are racing to find everything from cures to vaccines. The controversy continues over socalled blood money. The high price tag covid19 survivors antibody rich plasma is fetching. Coming up, one of the companies behind this somewhat controversial practice who says the picture painted by critics is all wrong. Boca biolistics makes the case next. At mercedesbenz, nothing less than worldclass service will do. Thats why were expanding your range of choices. Many dealers now offer optional pickup delivery and athome maintenance, as well as Online Shopping with Home Delivery and special finance arrangements. So, whether you visit your local dealer or prefer the comfort of home you can count on the very highest level of service. Get 0 apr financing up to 36 months on most models, and 90day firstpayment deferral on any model. Liz drug maker eli lilly has begun testing a drug derived from the blood of a covid19 survivor and as the demand for this blood containing coronavirus antibodies increases across the globe, labs and blood banks are shelling out big cash for donations. Blood donations. It kind of defeats the word donation. Be that as it may, a practice that Cleveland Clinics ceo told us friday is unacceptable to him. Listen. I would not support any financial reward for plasma donation. This has to be done in a way that is ethical in structure. Liz Boca Biolistics joins us now. They pay hundreds of dollars to blood donors depending on each case. Thank you for joining us. Whats your reaction to the Cleveland Clinic and other critics, about this practice that you make of paying for plasma . Well, certainly i understand the Doctors Point of view, but the thing is that theres an entire process to set up these studies where were collecting samples from patients, in this case infected with covid19, there are costs associated with getting the necessary approvals, providing the collection devices as well as the characterization so its not just getting the samples and providing it to test manufacturers or Assay Developers. Liz well, how much are you paying depending on the situation for lets say Covid Survivor blood . Well, those would be considered patients who were convalescing so they would be patients who in antibody terms, would manifest igg antibodies, so those are certainly interesting. As far as the cost, it varies. Certainly it can go as low as say 50, but it can go up to several hundred dollars depending on the study design as well as the amount of Clinical Data and testing thats involved with our research. Liz youve got to figure, as a business network, we figure this is a business but you know, for quite some time, people have gone to blood banks to donate blood for money, so were not surprised about that, but have you guys weighed sort of the ethical focus or prism through which some people look when we are talking about the commoditization of antibody rich blood that could save many many people, especially considering that 100,000 plus people here in the United States have died and theres real desperation for this . Its understandable. As far as what we our approach here is obviously all the Clinical Research that we conduct are reviewed by what they call an irb or investigational review board, so any payments that are made for these types of blood sampling is done through the approval of these committees so our payments are not coercive in any sense. So thats how we operate in terms of these studies. In addition, i think its these Assay Developers need to get these samples and need to get these samples with the proper specimen handling as well as the Clinical Data. Thats not something you can get readily available from say a remnant sample from a lab or blood bank. The samples we provide are highly characterized. Those are the ones they would need as we go through this for regulatory approvals. Liz i would imagine there is quite some demand for this. How do you get the word out to convalescent patients, meaning people who have recovered, should come to you and again, you are up against some blood banks and some diagnostic and Lab Companies that are paying in 800 gift cards. Sure. Sure. Thats certainly expected. How we go about with our program is we work through the hospitals that we have engaged for our Clinical Trial and so for us, its a dual benefit, if you will, for the patients. One is we do provide a stipend for the patients but we also, through our certified laboratory, we are able to provide test results that wouldnt normally be found or in this case, we would provide additional test results to patients or the patients doctors that would be beneficial for their records. Liz good to see you. Keep us posted because this is a very interesting side story here as it pertains to both the pandemic and the business of vaccines. Thank you so much. Thanks for having me. Liz closing bell, we are now 28 minutes away. We want to take you to gaithersburg, maryland, where we are looking at a situation developing, in fact, it is a protest. We are expecting to see many of these throughout the United States. This is what we are seeing, it is a march. Looks very peaceful at the moment. Montgomery, of course, that area, gaithersburg, the actions of Minneapolis Police officers involved in George Floyds death have been condemned by Montgomery Police themselves and there has been real support at the moment as we watch that story live from gaithersburg, maryland. Take a look at nike. Up. 75 as the sneaker giant takes another strong stance against racism. It comes as protests gain steam in this hour. Youre looking live at this march in gaithersburg. Nike playing off its longtime motto with a new simple ad. We will show you that ad in a moment. Plus, another major voice in big business weighs in on the protests and riots. Prominent wall street leader Tracy Maitland is here live. A man whose Family History intertwines with the biggest civil rights leader of all. What he says needs to happen next. Its an interview you must hear. The claman countdown is coming right back. In this world where people are staying at home, many of lifes moments are being put on hold. At carvana, we understand that for some getting a car just cant wait. Thats why the new way to buy and sell a car is also the safer way. At carvana, you can do it all 100 online from home with a touchless delivery and pickup process to keep you safe. And for even Greater Peace of mind, all carvana cars come with a 7day return policy. So if you need to keep moving, its our goal to keep you safe. Check out carvana, the safer way to buy a car. Has stood strong through every dark hour and bright dawn our country has endured. It has seen the break in the clouds before anyone else. For the past 168 years, weve also stood by you, helping you weather storms like this one, to protect your loved ones. And well do it for 168 more. Liz breaking news. It has just come in. We do have the independent autopsy results. According to the doctors who performed this independent autopsy on george floyd, the man who was killed seven days ago, by a Minneapolis Police officer, the cause of death was quote mechanical asphyxia. Mechanical asphyxia. It is considered a homicide. The asphyxia due to neck and back compression. Considered a homicide. This, of course, was filmed for eight solid minutes as george floyd, seven days ago on a street in minneapolis, begged for his life and multiple witnesses begged for the police to stand down because he was not fighting back, it now appears the independent autopsy showed he died of asphyxia due to neck and back compression. We will bring you more as it comes out and now we want to show you this new nike ad that has just been released. It is very simple. It says for once, dont do it, obviously playing on the nikes usual ad of do it, just do it, rather. On friday night, as footage of rioting in the wake of george floyd aired, nike released that text only antiracism ad. The athletic wear maker has never really been one to shy away from socially conscious advertising, and by doing so, it has not hurt the stock at all. Back in 2018, the fortune 500 company ran this ad starring controversial former nfl player colin kaepernick, who two years prior knelt during a 49er game before this game during the National Anthem to protest Police Brutality and Racial Injustice but what role must business play now beyond the advertisements and statements . We welcome wall street veteran Tracy Maitland whose family has a rich legacy in the civil rights movement. Advent capital management, the Company Tracy founded, manages 9 billion in assets today. Tracy, thanks for being here. One week ago today, george floyd died at the hands of a Minneapolis Police officer who knelt on his neck while witnesses videotaped the eight minute long incident. Since then, we have seen peaceful protests have been coopted by rioters and looters. As you watch this unfold, what words come to your mind right now . Well, first, its great to be here albeit these very very troubling and disturbing circumstances. What comes to mind is this didnt just happen overnight. 400 years of oppression and the symbolism of that Police Officers knee on that mans neck, George Floyds neck, is really in my opinion, is what has caused people to really riot and say enough is enough. Think about that. He stood on that mans neck as if he was king and could decide who could live or die based on his own whims. So i think the symbolism of he has his knee or foot on his neck is very powerful, very disturbing, and that is why you are having the riots here today. Enough is enough. Thats where we are. Liz you know, you are a kid from the bronx. Your dad, dr. Leo maitland, was a surgeon who operated on dr. Martin luther king jr. Back in 1958, when Martin Luther king jr. Was stabbed in the chest by a crazed individual. Theres your dad to the right. What did your dad, a man who served this country, went to medical school and became a respected doctor, say back then about how he was treated . Well, i learned a little bit afterwards because that was a little before i was born, but you know, it was very clear that he was part of the Surgical Team that saved dr. Martin luther kings life and the credit really went to the white doctors, even though they were part of the team, they werent the lead surgeon and the newspapers back then didnt really want to acknowledge the black doctors that had really done a lot of the work that saved dr. Kings life. They were part of the team but they werent the only part of the team. Thats really the message that was conveyed. Thats a very powerful message as well, that we cant get full and fair consideration for the great things that we do. Its very challenging. Liz here we are, fast forward from 1958 to today, and im reminded of dr. Kings book where do we go from here. You are looking at chaos or community. Please tell us what you feel the business worlds role in all of this is. You are a guy who worked his way all the way up, you worked many years in detroit, you moved to detroit to work at merrill lynch, then you founded your own company, 9 billion now today in assets. What must business do beyond, you know, the ads and the glib comments . I think its not just business, its also government. We have to find a way to provide equal access to minority businesses. We have to find a way to provide not just for minorities, also women. I think its also part of the conversation. And we need to provide better education, Better Health care in the communities. Obviously these communities were the hardest hit in covid19, the lack of access to good Quality Health care is a real problem. But the equal access is really critical for these communities to be able to move forward. Critical for americans to move forward. What i mean by that is what you find in business is what i call quote unquote, invisible affirmative action. What i mean by that is people develop passions and interests about things that they learn about and see. Very often, business for young people start when theyre interns. When theyre interns they are given an opportunity to see something that they havent seen before. Very often, those internships are given to peoples families, cousins, nieces, nephews, friends, sons and daughters of friends, so on and so forth. With so many minority kids from the south bronx, how do i ever have an opportunity to see, even know what may be possible . To develop a passion in something that i can really feel that i can do a great job in. So the fact that this invisible affirmative action takes place is a problem. Access starts at a very young age and im not even talking about access to good education and health care, but just talking about economics right now. And the ability liz right, a chance. Let me interrupt. I wanted to say we wanted to show our viewers some statistics really quickly here. The Unemployment Rate here in the United States at 14. 7 , thats the national rate, for African Americans its 16. 7 . If you look at whos coming out a winner in this great market, this great bull market, home ownership, the national rate, 65 . Africanamericans, 44 . 607 billionaires in the United States, only five of them are black, tracy. One last thought here before we go. I think, again, we are talking about opportunities. If you want to have the United States is made of diversity. Diversity gives the opportunity to have great ideas they can come from anywhere. If you really want to win and really want to be successful, you have to have great diverse ideas and thought. So what we want is a Productive Work force, productive citizens, so you have to give them an opportunity to be productive and thats not really happening, because they never get a chance from the very beginning. So corporations, Corporate America has to find a way to engage early. Young africanamericans, give them an opportunity to learn and appreciate and contribute, become productive members of society. Otherwise, you are going to have this looting, have this social unrest, until you give these people an opportunity to be productive members of society, this is whats going to happen and its not going to stop. So we have to do everything we can to give African Americans and minorities and in many cases, women, an opportunity to participate and thrive in this economy in this country. Liz well, we hold you up as an example. Tracy maitland, founder of advent capital, thank you very much for your thoughts and your impressions. We are coming right back. The dow, still gaining 97 points. 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Lets start with blackrock. What we are hearing from execs inside blackrock is that senior officials there, including larry fink, hes the ceo, and also possible treasury secretary if joe biden gets elected, are seeing a possible twoyear time frame to fully open offices amid the pandemic. So barring a cure or a quick a cure or vaccine, blackrock is talking about two years before they start filtering all their people back to their offices. They have 14,000 people, i believe, in the u. S. Huge presence in new york city. Again, the Worlds Largest Money Management firm. Check these numbers but its Something Like 3 trillion. Pretty big firm. So they are talking about two years before people fully getting back. Why that is . They just dont have enough office space, im hearing, internally to socially distance. If you see people six feet away, you know, the numbers just dont add up. Also, on top of that, people are working effectively from home, from what i understand. It makes sense to keep people at home for awhile and unless they find something that deals with the pandemic in a direct way, this is what they are talking about inside blackrock. We should point out the company has no comment. Also interesting to note, the ceo, and again, one of the leading democrats on wall street, put out an interesting statement this weekend on the riots, calling for calm and talking about the companys inclusion efforts. One of a handful of ceos that did this this weekend. Now, lets get to the stimulus because this is pretty interesting, liz. Growing bipartisan momentum following the weekend riots for a new stimulus plan and you know, heres where it gets interesting. It looks like what nancy pelosi wanted, the house speaker, more money directly going to states that were basically hammered by the virus and the lockdowns, particularly states like illinois, who are on the verge of fiscal implosion, getting money to the states and from what we understand, and im getting this from lobbyists at the major banks and big wall street firms, what theyre doing is asking congress after the weekend riots, where are we with this and bipartisan, people are talking about more stimulus, aid to states. Nancy pelosi wanted a trillion going to states. Its unlikely shes going to get a trillion but mcconnell will probably, at least thats what people are saying, you know, in the aftermath of this weekend, mcconnell will probably bend and give her anywhere between 500 billion and 650 billion in aid to states. He will want something in return, some sort of Liability Protection for companies that are reopening and so they dont get sued if their employees come down with coronavirus, as they reopen. But thats where were headed. It looks like this thing has momentum. More momentum following the riots and devastation which is obviously going to impact every state liz okay. Can my side be firm . And mine super soft . With the sleep number 360 smart bed, on sale now, you can both adjust your comfort with your sleep number setting. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable, and snoring . No problem. And done. Will it help me keep up with him . Yep. So you can really promise better sleep . Not promise. Prove. And now, save up to 600 on select sleep number 360 smart beds. Plus, 0 interest for 48 months on all beds. Only for a limited time. I opened a sofi money account and it was the first time that i realized i could be earning interest back on my money. I just discovered sofi, and im an investor with a diversified portfolio. Who am i . i refinanced my Student Loans with sofi because of their low interest rates. Thanks sofi for helping us get our money right. Some Companies Still have hr stuck between employeesentering data. A. Changing data. More and more sensitive, personal data. And it doesnt just drag hr down. It drags the entire business down with inefficiency, errors and waste. Its ridiculous. So ridiculous. With paycom, employees enter and manage their own data in a single, easy to use software. Visit paycom. Com, and schedule your demo today. Liz joining us green on the screen. Continuing protests, concerns about the coronavirus pandemic. We bring in todays countdown closer. We is trader scott rentzler. Top picks on the show two weeks ago, may 20th. Since then, since he picked it, the stock is up 13 1 2 since then. So lets find out what scotts latest pick is. Hi, scott . How are you doing, liz . You know how favorite momentum pick is right now . Liz absolutely. I have a few, the first one i want to go over is tesla. Tesla is a company that continues just to do unbelievable things. Elon musk, his halo is the biggest i think it has ever been successful launch. Figuring out option type place in case they went well. Didnt go with the stock. If you have a nice plan, we have a gap up, which created a gap and go, which is very powerful technical situation, that should take this stock to alltime highs. The alltime highs for tesla is 970. I think the stock is in motion to see about 1200 over the course of the next few months. Liz one more . One more real quick . Twitter. Last week i was talking about twitter. We love it. I think when the president came out against social media, gave you a Good Opportunity to buy a dip. I still think right here, i like twitter. I think the stock could be above 40. Three to six months buying it here makes a lot of sense. [closing bell rings] liz you have a great track record. Picking twitter and tesla. We are closed up, 82 points for the dow jones industrials. A day with green on the screen. Connell kick off the month of june indeed with gains on wall street. Stocks able to shrug off a lot. Violent riots we have seen across the country. Businesses are preparing for what could be a another damaging night. So we will cover that from all angles. Im connell mcshane. Melissa im Melissa Francis this is after the bell. After biggest two month rally in more than a decade. Fox Business Team coverage. Kristina partsinevelos is in union scare in new york city. Blake burman from the white house. And kristina pin

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