Successor to Ruth Bader Ginsburg this week. The democrats say there is no rush and any decision to wait for the election. Scott larson says he expects a jobs bounceback in australia has covid19 infection start to ease. We will expect the likelihood that victoria reports lower new cases. U. S. Futures under pressure now, down. 2 at the open. This after recite u. S. Stocks falling to a sixweek low last week, the tech selloff intensifies. The s p 500 lost ground for a third consecutive session. Nasdaq flat at the moment after the nasdaq 100 closed below its 50 day moving average. Pressure,crude under after oil has its best week since june. Warningsaudi arabias to opecplus cheaters and shortsellers which helped opec crisis stage a rally last week. Now under a little bit of pressure above the 40 per barrel level as we continue to see the Dollar Strength and in the last session. We do know the dollar has been under a lot of pressure and it is headed for the weakest quarter in a decade. Lets
He also discussed a potential White House Health care plan and the covid19 vaccine timeline. This is 20 minutes. [no audio] are you guys all tuned into cnbc or something . [applause] what is the president think workncerns about the reveal and have you or the president been [indiscernible] i do not know that jared would have been in contact with him, i am not aware of him being safra or larry ellison. Any deal made or does not get made, i certainly certainly one between them and tiktok, we have to make sure that the areonal security interests protected and that is the whole reason for banning tik tock was more from a National Security standpoint than an economic one. To look at the details of that deal, i know it was probably the number one asked question yesterday. Was there a deal, was there not a deal . We are going to continue to review it and make sure the interests of the American People is protected. President trump said during he learnedll that some new information they gave him
Trying to bounce back after all of the major indices in the green. The dow struggling most of all just popped into positive territory moments ago. The s p trying to stay above morgan thats right i will note that were on pace for gains for the week including the nasdaq that is currently poised for a 4. 8 gain they pointed out this morning that the Broader Market it means this critical juncture right now and that given the big swings in both directions that we have seen in the s p and the Broader Market in the past two weeks leaves us right at the same level that we were at two weeks ago. There istechnical levels to keep an eye on early june highs, whether or not we break above that or on the flip side, the 200 day moving average, but i think the bottom line is that there continues to be a lot of uncertainty and a lot of headlines driving Investor Sentiment right now in terms of the marks, the tech piece of the markets, the nasdaq continuing a fourday win streak right now. Joining us is
Development, even though the number of cases in the number of deaths rise, they are rising at a slower rate, hospitalizations are growing at a slower rate and now of course admissions into intensive care, that to is dropping. So those are constructive developments that you obviously want to see. But we told you about Boris Johnson doing better. People forget another thing were dealing with is the ceo of morgan stanley, he is okay right now, he is recovering from the coronavirus. These are bits of news that we tried to get out to let you know not all the news is grim as they continue to look at what a good time to gauge when making kind of slowly get ourselves into weaning out of the lockdowns parade were a long way from that and a lot of folks to say this is a generous timeline, we will get both sides of the story. Right now we know the healthcare tax force led by the president is going to be reporting a little earlier than normal, about an hour from now. Like fermented tea it all up.
Health officials raise their coronavirus Risk Assessment too hot. This summer storm of championship is postponed. Will be held next year. Until gale welcome to the program. France has joined neighboring if me and spain in order to complete lockdown to halt the spread of coronavirus president emmanuel mccrimmon described the situation as a Public Health war the virus has killed nearly 150 people in the country and infected more than 6600. As the clock struck noon in france the lock down took effect. People must now carry a document justifying their reasons for going outdoors only essential trips and exercise alone are permitted those who break the rules will be fined. The president has called the outbreak a war 100000 Police Officers have been deployed across the country officials stress that every day life must be up ended to contain the virus. But we do nick his example concrete to give you some examples a family lunch dinner with friends and a Football Game with friends a game of car