The session, sara. Come back after two down weeks. Coming up on the show, tech investor Roger Macnamee is with us and gold strengthens, the dollar weakens and home body stocks outperform well break down the trades and themes in a few minutes with David Rosenberg. Lets focus on the key stories mike santoli watching the bounce back rally meg tirrell as the president participates in a Coronavirus Briefing and the other big Market Driver this afternoon, the stimulus negotiations in washington new details expected this afternoon. First to you, mike yeah. Sara market really is a bounce in large tech stocks that is carrying the s p 500 to the high end of the recent range. Pretty well mixed market under the surface. Those big nasdaq themes carrying we spend most of the day, interestingly enough, almost exactly at those early june eyes we were looking at for a while not sure there is any particular reason we have to sit there. 3232 is that level basically that, is where this nasdaq rally has ta
Staged photo. Op. For me good thats good. Also coming up tonight risking their lives to tell the story of americas anger and unrest a d. W. Reporter in minneapolis cult in the line of fire. Take. That on. The premise this is her. For me not knowing about the middle of the 6 crowd. They barely knew theyre. Going to our viewers on p. B. S. In the United States and all around the world welcome we begin the day with the titles of a u. S. President some earned some given some taken donald trump once declared himself a wartime president. And as the number of corona virus deaths in the us risk iraq getting to date more than 105000 people in america have died in the pandemic yesterday after a week of nationwide protests over the death of a black man at the hands of police and in one of the most bizarre moments of his presidency trump declared himself the president of law and order just a few meters away Peaceful Protesters were being stormed by armed police or today joe biden the man expected
A political judas in the last temptation of americas democracy im burnt off in berlin this is the day. I swore an oath to uphold the laws of our nation and that is exactly what i will do. Treasure the doorstep of the people sounds like. Youre dancing flash grenades going to stage photo. Op. Papers because its not a good. Also coming up tonight risking their lives to tell the story of americas anger and unrest. A d. W. Reporter in minneapolis cult in the line of fire. Take. On. The press this is. In the middle of a crowd. They barely knew there. Were to our viewers on p. B. S. In the United States and all around the world welcome we begin the day with the titles of a u. S. President some earned some given some take it donald trump once declared himself a wartime president and the number of corona virus deaths in the u. S. Risk iraq getting to date more than 105000 people in america have died in the pandemic yesterday after a week of nationwide protests over the death of a black man at t
For them to tighten it up a bit. I think secretary muniz you certainly have got confidence in it my time has expired. But i would say to the chairman its incomprehensible that we didnt have full access to that. Senator nelson. Thank you, gentlemen, all. Thank you for your public service. Mr. Secretary lou, i want to go down a different road. We have heard so many different commentaries about how much of a winfall the sanctions relief would be for iran. We have heard 100, 150 billion, the chairman is speaking of 50 or 60 billion. You tell me if this is correct, that basically sanctions relief of what has been withheld is about 100 billion, but in that 100 billion there are contractual obligations of iran to pay some 50 billion, and therefore, the net that would approximately come to iran would be about 50 billion. Is that somewhere in the ballpark . Senator that is roughly correct. Im happy to walk down the numbers to the best of my knowledge you dont need to. Im trying to get concepts
Abe and prudent talk about territory. Putin talk about territory. Rishaad the dollar is surging over levels havent seen in 14 years. We might be even weaker than that. Ophie the dollaryen was high i did look at jgb, 10 year highest since january. Rishaad gold also slumping, so this is what we have. Sophie lets take a look at how markets are doing today. Haidi the big ones are china, when we get the yuan today. Look at the bond market, the 10 year yield in china spiking the most on record. There are pretty significant moves in income, the 10 year yield on the japanese government bonds surging 0. 2 . That was the highest yield we have seen since january when they went into territory negative territory. The 16 is continuing to play out across asian markets. This is what we are seeing. Singapore stocks are coming online, 0. 3 higher. Withd a very strong day nonoil domestic imports. 11. 5 ,exports jumping and we were expecting a decline of 0. 2 electronics, climbing though the highest in ov