On in hong kong with china over the weekend saying the security law could override hong kongs legal system. We she we see shares on the hang seng. 23,469 for the hang seng. The csi 300 pointing positive. Showing the resilience across these benchmarks. The kospi as well, we did get those export numbers. A slump easing a bit. Not very encouraging when it comes to exports of chips. Only a gain of 2. 6 . We saw a 13 advance in may. Perhaps this recovery is in an early nascent sense. The p cop, lowered by 910s of 12 . A decision coming through bank of centro and the rbnz later this week. Later on when it comes to assets, the disappointment has been with the china lpr, which they did not do anything. Given the credit numbers we have gotten, perhaps it was reason to pause. The selloff in bonds, are we going to continue to see that change . Ozzie yen, you are seeing a perk up aussie again, you are seeing a perk up. The dollar is rising for a fifth day. We have seen some flareups in australia.
The Leadership Group right now so joe terranova, i go to you on that note, the melt up in tech seems to be picking up we asked the question whether the growth tech stocks wrestled the market back from value and then thats where the money is going to be made Going Forward clearly the mega cap growth names have wrestled the market back theres an added dimension to it, scott, being popularized in a lot of Research Notes im reading. Pippa stevens of cnbc has a great report element of esg investing and something i didnt think about in prior weeks but if you take all the esg funds, the largest esg etf, its popularized by all the names that youre talking about. The apples, the amazons, the microsofts, so theres an added element to these hyper growth names that are not just about the quality and the cash Balance Sheets and the very visible return to Earnings Growth but an importance as it relates to social and governance and youre seeing a significant amount of fund flows into esg and thats ev
Now. A very good Tuesday Morning to you. Thanks for joining us. Im laura garcia. And im marcus washington. Mike will have a look at the commute in just a bit. First, lets start out with meteorologist kari hall. Coming in today, dry windows. Yes, its nice and dry for us this morning. Only a slight chance of some popup showers and a few isolated thunderstorms today. The storm system is still very close by the bay area, its something well have to watch but for the most part we are starting out dry with temperatures in the low 50s in san jose and well see it make it into the upper 60s and low 70s. Very nice. We do have a warmup in our forecast as we head into memorial day weekend. More on that is coming up in a few minutes, marcus. Thanks, kari. This morning another bay area county will open meaning more changes for millions more people. Phase two allows Retail Stores to provide things like Curbside Pickup, manufacturing can resume, and some offices are allowed to reopen. Entering that pha
House Speaker Nancy Pelosi says he shouldnt be taking it. Today in the bays tracie potts has more on that and todays testimony expected on capitol hill. Good morning, tracie. Reporter laura, good morning, and also the president tweeting this morning about the World Health Organization, tweeting part of a letter suggesting that hes threatening to permanently leave and cut funding from the World Health Organization because hes been making this argument that they knew about the virus much earlier than they let on to the u. S. And other countries. While that may get some attention today, its a big story, its perhaps not as shocking as what the president revealed about taking this drug even though the fda says it may not work and in some people it could be dangerous. So far i seem to be okay. Reporter President Trump with the stunning revelation hes been taking hydroxychloroquine, one pill a day, for the last week and a half, under a doctors care. The white house physician saying the potent
I am still watching out for a and fed chairman Jerome Powell few spots that may still get will go before the senate some rain. More on that in the forecast Banking Committee as it looks coming up if a few minutes. Into why so little of the money set aside by the c. A. R. E. S. Act has actually reached american thank you very much. Well, this morning theres mixed businesses. That hearing starts at 7 00 our reaction that were hearing from President Trumps unexpected time. The stock market rocketed upwards monday after a small announcement hes actually taking some kind of pill Company Reported positive news prevention in a sense to help about the search for a vaccine prevent coronavirus. House Speaker Nancy Pelosi says saying eight patients built a high level of antibodies against she doesnt think that the president should be taking it. Coronavirus. Airlines, hotels, any industry checking in with today in the hit by the pandemic moved bays tracie potts live in washington with more on that