Strong gains we saw yesterday bounce up 2 for the benchmark even higher for some of the major markets like france, germany and italy. All 2 1 2 to 3 the range. Wall street is shot for the 4th of july holiday. Lacking a little more direction, continuing to see a spike in virus cases. We traveled a long way good news on the addition of new jobs to the economy again, and also news around viruses, vaccines to defeat the virus so the markets at this stage just a little bit more nervous around some of the negative news what weve got on those individual boards, this is how it looks for the german stock market, about a 10th of a percent plus thats as good as it gets on the optimism youre seeing on these boards we are down 6 10 on spanish stocks 3 10 on italy and 12 in the u. K. And france it is a reversal in the strong gains we witnessed in the thursday session the sectors, lets xi how its moving about the top has been technology. Retail is positive construction material, utilities, travel, le
Commission is threatening to hit back with legal action on its own. Hello im christine will go well come to the program the coronavirus pandemic has brought the work of nurses into shop focus as they struggle to care for patients suffering from covert 19 and today on International Nurses day nurses around the world a speaking out to demand better protection as they risk their lives to do their jobs businesses day also marks the 200th anniversary of the birth of a pioneer of modern nursing Florence Nightingale. The original queen of hygiene Florence Nightingale she revolutionized Battlefield Medicine june the crimean who. And laid the foundations for modern nursing on tuesday nurses in sri lanka celebrated her 200th Birthday Well also honoring the tartus work of nurses all around the world. At the demand event that in many of us found that there were not known or. Whether there is a pandemic or not. Nurses will do their duty. Now that workers dont look for public approval. Even expected
29. 89. Areie in the u. S. We getting a bounce because fundamentals have not been in sync for a long time. The s p 500 looking to finish the week higher. Points, well above the 2200 mark right now. Energy companys with a better week for crude. Up to. 5 . We are back down to 64 basis points on the 10 year. The jolt we got from the quarterly refunding announcements seems to be pricing itself out of the market. We will see about options next week and what that does to volatility in treasuries. The dollar index showing weakness today, at 99. 48, to the benefit of the likes of sterling. As you mentioned, 1. 2452 right now. Guy . Guy lets get back to the payrolls number. Larry kudlow speaking to jon ferro on bloomberg earlier on, trying to frame the april jobs anort after employers cut unprecedented 25 million jobs, triple the Unemployment Rate to nearly 15 . Larry this jobs report today is full of heartbreak, is full of hardship. I believe that it will prove to be temporary. The second half
That companies you want to invest in with Communication Services are the ones that everyone is using, netflix, zoom, you know, facebook, social Media Companies and how do you distinguish which are the better ones than the others we looked at a series of Technology Stocks this morning and broke them up into a couple different frameworks depending on whether their profitability is likely to rise throughout this covid cycle or negatively impact and recover a few we called rocket Ship Companies in there that also happened to be rocket ship stocks the stocks are following the funds. Its amazon, netflix, theres a couple Smaller Companies like wix and go daddy, all of these have had their value propositions kind of stamped on all of during this time period this covid crisis has been kind of an advertising for the benefits and the necessities of streaming at home and shopping at home and theres hard to find better winners than amazon and netflix in those categories. If those are the rocket shi
South american nation returned to democracy in 1994 a month now protests have rocked the country leaving more than 20 people dead and thousands injured the unrest began over a hike in metro fares but quickly spun out of control devolving into riots and looting and took their toll on the economy as well as a result the government promised to draft a new constitution to replace the current one president. Also admitted that Security Forces have met the demonstrators with Excessive Force until it is considered one of latin americas strongest economies growth this year is likely to be around 2 and a half percent but many of its people arent feeling the benefits the country is one of the worlds most unequal just one percent of the population holds nearly a quarter of the countrys wealth. And the bottom half collectively own just 2 percent and they have very little chance of escaping poverty now as the protests dont show any sign of calming down businesses are feeling the impact even if some