Have come on the show saying this was started by the you Recovery Fund, but also inflation is better than expected in europe today, and that growth figure not as bad as it could have been. It is clear that the markets are moving, but i think in general they are buoyed by the Massive Technology earnings that are seeng a lift overall, as we parts of the economy in terms of technology, deliveries, things like that, that are outstanding at the moment. Tom Stephen Engle with us moments ago, and he will join us in the hour, our lead hong kong reporter. This is carrie lam in hong kong, at a not unusual press conference. Stephen engle reports that we could get some announcements out of this rather extraordinary, particularly on the election as well. Are ratherhis that extraordinary, particularly on the election as well. We will get to the data check in a moment with bonds and Foreign Exchange on the move. With first word news, here is ritika gupta. Senate republicans want to go on record sayin
Numbers, 8 30 this morning. We knew it was going to be bad because bricks and Mortar Stores have been largely shut down, and it was bad. April sales down 16. 4 in april after dropping 8 in march. So heres the market, with just minutes to go to the opening bell. Red ink all over the place but not as bad as it was. The dow off about 180, 25 down for the s p, 121 down for the nasdaq. Thats of course inspired by apple, which is way, way down this morning. What were looking for is how fast we can rebound on the other side of this really bad Economic News. Thats the other side of the coin. The great reopening. Which gathers steam this weekend. There are only a handful of states that are still trying to enforce a complete lockdown. This will be a test of our willingness to get out and about, our willingness to travel, eat out and shop. This is important. We need to open the economy. We need to get back to work. This weekend, i think its a prelude to memorial day next weekend which is the unof
Estate being among the hardest hit. Planning to peaches beaches planning to reopen in time for memorial day as well as clubs in florida as there has been a resurgence of the credit virus in texas. I will ring in taylor riggs who has been digging into the movements of the day. Early losses and late game, where did tech land . Taylor the second day in a row with earlymorning losses that transitioned into gains in the afternoon. Tech for a second day upper forming the s p 500. It is not coming from big tax. The ndx, the nasdaq 100 the other performer. You are not getting the leadership from big tech you would expect in a rally. This is the second they were big tech lacked and the other performer in all of the tech stocks. You mentioned retail sales and Industrial Production all bad news. On the flipside, Consumer Confidence better than expected. That is where you get smallcap stocks like the russell 2000, focused on that semester consumer, that was the big outperform or that on the domest
Hi. We start tonight with the Foxes Leartartn is 9 p. M. On the east coast, 6 p. M. On the west coast and. All the polls in michigan are finally closed. We will continue monitor the results throughout the evening. But former President Donald Trump has built up a massive lead of more than 30 points. Thus far over nikki haley in this republican primary. And whil e joe biden appears well on the way to winning the democratic primary, wellg sn in what is an alarming sign, tea 14 biden roughly 16 of voterse in the result we have so voted for the option of uncommitted. Its going to buncoe to watch tonight. In recent weeks, democrats, they have expressed their angera over joe bidens stance on the war in israelr in and mot notably squad member michigan congresswoman tulsi now in there calls for democrats to vote uncommitted as theye push for a ceasefire. While today, accordinguncommite to congresswoman to leave, she well, did just that take a look. We wantedey e to tweet us. I was proue d to wa
And people began to flow out on the embarcadero. Last time they were down here, it mustve been about 50,000 people on the embarcadero. In addition to all of those people packing super bowl city. They were listening to one republic. Colorado zone one republic playing on the main stage inside super bowl city and people were fired up. [ cheering applause ] go, broncos. I hope bob miller destroys cam newton and does the dance. [ laughter ] coming up in just a few minutes this morning, you will meet more of those fired up vans all over San Francisco at the orange and blue is strong. And mark, we dont even see many carolina fans. If fan sentiment is any indication, i tell you what, the broncos have this game. Lets go to chris and colorado to deliver the current to deliver the forecast. Nothing by the temperatures were cold across colorado this morning. 20 below and gunnison. 11 below and craig. 23 about at the airport. It is a little warmer downtown. Seven fort collins. One below in the line