Forces at play. Lets get to kaylee. We are marginally positive on the s p 500. Up. 5 . I want to talk about the best performing stocks. Upex was the best performer, 13 after blowing away expectations in the First Quarter. All of those people shopping, ordering things to their home, boosting revenue by 20 . That stock heading to its best day since 1993. Pfizer getting a nice list after positive results nice lift. Beer and wine sales plus better profitability. I want to talk about technicals for a moment. After the best quarter since 1998 for the s p 500, we start the Third Quarter in a strong position from that standpoint. The index starting july back above that support line. I want to talk about longterm ipo performance for this year. As you mentioned, dun and bradstreet returning to the Public Markets today rallying 17 after raising 1. 72 billion. The other large offerings, warner music and zoom into technology which is up more than 100 . E a nice day for dun and bradstreet. The jobs
Starting the quarter with gains. The nasdaq was up more than 1 by an alltime high. S p was up half a percentage point. The dow was up slightly. A decline of about 0. 3 . Burke buckle your seat belts a lot to come. We have been watching what is happening with the futures at this point, all three in the green. The dow up almost 200 points all coming before the big jobs report the last trading day of the week before a long Holiday Weekend for the 4th of july. You could see some activity happening here a quick look at the treasury market youll see right now, the 10year looks like it is yielding 0. 676 . It is that jobs preview people are waiting for to get a sense of what is happening in the economy. Lets bring you the preview maybe not the numbers itself but get ready for them markets in the u. S. Are closed tomorrow in observance of Independence Day today is jobs thursday forecasters expecting an addition of 2. 9 million nonfarm jobs in june Unemployment Rate expected to dr drop calling
Stock higher and helping the idea that maybe this rally will continue. If there is an effective treatment for those who are severely ill with covid19, the economy can open more quickly than expected. Alphabet put up a better than feared quarter as well, helping the risk on rally. David tech helping to lead the way. Thank you so much for abigail doolittle. We are all anxious to get the economy going again but we want to do it safely. We welcome a man involved in making the plans for restoring the u. S. Economy. It representative don beyer of virginia, a democrat and vice chair of the joint Economic Committee in the house of representatives. Thank you for joining us. Give us your take on the fans being to on the plans being discussed, federal combined with state. Are we where we need to d are we where we need to be in the plans to get the economy going . Rep. Beyer no, but we are moving in the right direction. Most of the states have done a good job of flattening the curve. We are worrie
The week. Opec and its allies will meet thursday to discuss a new plan. The virus has farreaching implications for businesses. A new study says global trade may be cut by one third, more than what was seen during the financial crisis. Shery lets get you started with a quick check of how markets ended in the u. S. We are seeing u. S. Stocks again pushing into bullish territory after failing to do so in the last session. U. S. Stocks now gaining more than 20 over the march 23 low. Every sector in the s p 500 was in the gleam green, led higher by Energy Stocks. Dow gained more than 3 . U. S. Futures unchanged. Nasdaq gained 2. 6 in the regular session. Take a look at what oil is doing, because we saw it rebound from the weakest level since the start of the month. It spiked a few minutes before the close, after the opec plus meeting will discuss and output cut of 10 Million Barrels per day. At the moment continuing to add to the gains, up 4. 6 . Just breaking on the bloomberg, a saudi arab
Crude down, and participating in that risk on rally as well. Time now for global exchange, where we bring you todays market was a news from around the world. From hong kong to brussels, jahans burke and washington, our bloomberg voices are on the ground with this mornings top stories. , the death toll is now over 3000. Joining me is yvonne man. Heard of newst infections in south korea, iran, and spain. Germany, as well, and additional 188 cases. This virus has spread in 13 countries and 16 federal states. At this point, the threat level is at moderate, but could quickly change. Deathstioned the global now topping 3100. Theres also the corporate fallout we continue to watch, with nissan now saying they could be preparing for deeper cuts. The carmaker has been struggling ever since Carlos Ghosns arrest. This virus only exacerbates the troubles. There are signs of life returning back to normal in china. Just heard from han hi from honhai, apples biggest supplier. They have been dealing wi