Add that to concerns over the virus caseload and youve got this. The dow industrials, down 700 yesterday, down maybe another 200 this morning. The s p down 80 yesterday, down another 20 today. The nasdaq yesterday, down 200 points. Today, down about 13 points. A sea of red ink over there. A big loss especially for the dow. 1. 48 million new jobless claims this past week. Now, thats not a good number and it pushed stock prices just a little lower when that news was released at 8 30 eastern. Now, today, President Trump heads to wisconsin. Good timing. The democrat governor there has just called out the National Guard. A protester wielding a baseball bat and bullhorn harangued a restaurant crowd. He was arrested. Molotov cocktails were thrown, the Police Needed help. Governor evers sees the light and calls in the National Guard. Same thing in washington, d. C. Hundreds of National Guard troops now marshaling. They will protect the capitals monuments. Thursday, june 25, 2020. Varney compan
Control of a chain of islands that china and taiwan both say belong to. A diminishing wilderness we look at the debate around Family Development versus destruction of mexicos fast. And sport nascar launched an investigation after a new switch found in the garage and driver Bubba Wallace meanwhile the Confederate Flag was found about the track in alabama with the word fine nascar after with banned from all racing. So then the epicenter of the coronavirus pandemic in the United States is entering a new phase after 3 months under lockdown offices restaurants and hair salons in new york city theyre reopening but as it relaxes many restrictions the situation elsewhere in the United States is troubling the daily number of cases is now at its. Level in almost 2 months sunday saw more than 183000 new infections reported across the world its the worst day yet one in brazil the number of deaths the last 50000 and despite a resurgence of cases in china beijing has not reported a drop in numbers w
When the adp is released for last month. Take a look, tripledigit gain right out of the gate. The s p is up 15 and the nasdaq higher by 39. The easing of lockdowns raising hopes of economic recovery and fueling markets again yesterday, s p 500 and nasdaq up 3 days in a row with dow up 267 points at 4 00 oclock on wall street yesterday. Mark zuckerberg defends leaving President Trumps posts up. Investigating the origins of the russia probe, Rod Rosenstein testifying before the senate today, he approved the third and final fisa renewal to surveil carter page. Mornings with maria is live right now. Global markets this morning with a firmer today. Take a look at indices. Cac quarante in paris 89 and as lockdowns ease up encouraging nine the euro zone meanwhile. Take a look at euro zone purchasing Managers Index up from 12 in april to 30. 5 in the month of may, thats certainly what was one of the fuels for this market rally in europe this morning. South korea announcing additional 29 billio
Expected to be signed tomorrow headlines injecting uncertainty on existing tariffs and after hittinga new alltime high, apple is now the biggest drag on the dow. Well have much more on why later in the show. We are up 50 points on the dow steve grasso with us for the full hour. Steve, todays session yo yoing. The bottom line though is the deal should be signed tomorrow and the rest of it we kind of knew. It seems like the market is looking for a reason to sell off. You have bulls that want a better entry point, bears that want to push it down and any headline that allows them to do that, theyre going to roll with its about china today i think its going to be about earnings coming up if you really look at where we are in the s p, the 3300 level is pivotal and if you look at earnings, if we fall short, the market will tank and thats a big word tank is a big word. Its a big worry when you say wheres the market going or where do i think its going, i think it will be legitimate to say a 7 t
And it just got a hunl buy call. Well debate in our call of the day. Halftime report starts right now. All right, welcome. Good to have you on this wednesday. Our Investment Committee, jon and pete, anastasia is the global strategist at jpmorgans private bank rich, one of barrens top 100 Financial Advisers we begin with the late e on the markets. Stocks are higher again hour the dow is barely holding on to a gain as are the major averages the nasdaq did a new record even as the house stands to impeach a sitting president for the third time in the history of this country. Well get to d. C. In a moment, but lets begin with the surge rick, you want to take a stab at the sector that keeps marching higher 70 is a new Record Facebook tops 200. Adobe. Nvidia, lamb research, all hitting new highs. Every investment portfolio has to have tech stocks its a part of the market and its important to have them for a lot of characteristics number one, theyre generating large amounts of Free Cash Flow.