President getting support from some big names and might not be too late for a serious run and natural gas pipeline goes dry. Duke energy canceling atlantic pipeline, warren buffet is buying dominion. Mornings with maria is live right now. Dagen good morning, take a look at european markets right now. We have gains across the board. Pubs in the United Kingdom welcoming people back over the weekend, optimism there. In asia overnight, markets also having a strong rally, gains across the board. Chinastate run media saying the Company Needs bull market to build strength as Capital Markets ongoing reforms to attract money from home and abroad. You can see the rally in shanghai there up almost 6 . The fourth of july weekend marked by violence in major u. S. Cities, Cheryl Casone has the details along with other top stories we are watching this morning. Good morning, cheryl. Cheryl in chicago alone at least 77 people shot, 14 of them killed including a 7yearold girl, now the president is offer
Buffett is finding a new jewel for the Berkshire Crown after dipping into his 137 cash pile. Breaking today, uber eats is gobbling up postmates. It is official. Weve got more on the big m a deal to kick off your monday straight ahead. And Billionaire Elon Musk taunting tesla shorts, the stock shorts, with actual red satin short shorts as the ev giant stock hits another record high. We will talk about it. We will also talk to the ceo of the company thats building all the electric vehicle charging stations about his shocking Sales Numbers during the coronavirus crisis. The blink charging company ceo is here. And the ceo of impossible foods making a bold claim. He says the Meat Industry will be completely gone in 15 years. He will tell us how he will make the impossible happen. Less than an hour to the closing bell. Im Cheryl Casone in for liz claman. Lets start the claman countdown. Cheryl retailers such as target, walmart and Dicks Sporting Goods have dropped Washington Redskins merchan
Was up by better than 5. 7 also watching whats been happening here with the treasury market in the United States. Keeping an eye on those things and youll see that right now at least it looks like a ten year is yielding 0. 689 just below that 0. 7 that we had the last couple of weeks. What was that i dont know. Im trying to explain this. I could make up a bunch of reasons. Because were reopening its the same thing over the weekend. New records were hitting the states where they were talking about more than 10,000 cases a day coming in and here you are watching the markets this morning saying yeah, okay. I was just listening to Worldwide Exchange and by the time he got done talking we should be at 10,000 on the dow look at whats happening and this, that, gaps here that are it can all end badly. At this point, this is really serious when you got this many people obviously that have passed away from the disease remember at one point i said we need a reality check i think that overall, may
Mo woodruff all that an on tonights pbs newshour. Major funding for the pbs newshour has been provided by complicated, a lot goes through your mind. With fidelity wealth management, a dedicated advisor can tailor advice and recommendatio to ur life. Thats fidelity wealth management. The william and flora hewlett foundation. For more than 50 years, advancing ideas and supporting ttstitutions to promote a world. At www. Hewlett. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like u. Thank you. He woodruff ovid19 pandemic reached staggering new highs today,e u. S. Death toll surpassed 130,000. 16 states have now posted record dailes in new infections this month. All this aitals in the south and west struggle to keep up with the urgent demand for care. William branam has our report. Brangham in many places, id was a subdueliday weekend;
F150. Impact of the americas favorite pickup truck and i will ask lauren fix about all of that and so much more on making money. Charles the market actually looking for some equalibrium today, folks after yesterdays drubbing. The signs that the about bounce run out of steam has been coming off for some time. In fact the glaring problem has been really broadening out the leadership, right . I talked about it a lot on the show. We need more stocks, more sectors to participate. Maybe financials will finally do that. Maybe they live up to the hype. They have been strong all session long ahead of the fed stress test. Those results after the close. The other glaring problem, how much of an uptick in coronavirus cases will stall the reopening of the economy. Now today both disneyland and texas hitting the pause button. Investors learned to live with pullbacks, corrections, even market crashes but how do you invest and make money when the overall economy is simply not 100 strength . I want to