The dollar index just below 97. Crude oil rallying 2 today on stocks going higher. 87. Arrel of wti 37. Lets get more on the markets. Scarlet fu is with us. Scarlet jay powell testifying before congress for two days of discussion, stuck with his message that the economys path is uncertain. We have seen indexes come off of line isghs but the positive. You look at the industry groups, 20 groups are higher. Within the dow, 29 out of the 30 names are up. In terms of leaders, caterpillar, boeing. The white house is preparing a 1 trillion infrastructure proposal. Up 4 frastructure etf right now reflecting higher demand. Retail is up after a record gain in sales. A lot of retail names are heavily shorted, so you could be seeing a short squeeze as investors rushed to cover their bets. All of it comes back to fundamentals, like earnings. Morgan stanley talked about the disconnect between the optimism out there and the bottom line. Andgap between the s p 500 as aftertax profits has soared to rec
The s p thought biggest rise in two weeks. Saw its biggest rise in two weeks. Korea may send troops to the dmz. Seoul remains on high alert. Shery lets get a quick check of markets. U. S. Futures under pressure. We have the s p 500 rising the most in more than a week. We had seen optimism over the u. S. Economy really offsetting any can turns over a second wave of virus infections. Nikki futures unchanged at the moment. We are waiting japans may trade data. The deficit likely narrowed. We had the boj increasing at support for corporate financing yesterday. Futures up 0. 6 . This after the best day in over two months. Yesterday, we did get the rba june Meeting Minutes with more concerns that the economy is likely to need policy support. Gaining. At the moment stocks reversing five sessions. Do watch out for new Zealand First quarter gdp numbers out later this week. Lines getting some across the terminal from jd. Com at of its trading debut in hong kong as the ecommerce player saying tha
Return to chinese rule by beijing is promoting it as a model for its one country 2 systems policy. Letter is internationally recognized government has approved a military dude with turkey paving the way for ancora to play a bigger role in the of the war the agreement could save turkish troops deployed to defend tripoli from warlord Khalifa Haftar egypt which backs half the rejects the deal saying it violates Un Security Council resolutions including an arms embargo were chalons his war. Libyas warring forces are on the move here soldiers have to Libyan National Army Advanced west there are breaking now and hoping to open a new front for months ive been fighting on the outskirts of tripoli against the army of the government of National Accord on thursday the un backed g. And i announced its agreed to receive greater military help from turkey but that. After half an hour as an office side is receiving support from home this is known to all by so raj with his lawful and legitimate governm
Strategy. This after threatening earlier to obliterate the president after their president took a low below and nasty shots at the white house. To chicago and the fallout. Now that the police have dumped a controversd a trove of documeo from the Jussie Smollett hoax where he had his own hate crime committed on himself. You heard the allegations and counter allegations. America now on the verge of the longest economic expansion in a. Year history. We are going to break down the stats for why they are wrong pass fears grow in the Democrat Party that the debates and the race will degenerate into a bare knuckle bloodbath of a personal attack leaving that nominee to damage and the democrats too divide to knock out trump. Im elizabeth macdonald. The evening edit starts right now. Welcome to the show. You are watching the fox business network. House democrats meeting on a 4. 5 billion package or immigrants at the border. And the vote to get that process started is scheduled for later tonight.
My namee is grant. Happy to represent georgetown native americans lost in association. A big thank you to her speakers today for coming up. Personally ive a member of the ogallala in south dakota and im originally from minneapolis minnesota to the birthplace of American Indian movement and its my honor today to welcome you all and first of all thankll you for filling out various requirements and everything. Most importantly to our three speakers today we have sheron wyantleonard and Dorothy Ninham former judge for the United Nation and features prominently in the book in less that not least kevin sharp former Federal District court judge and attorneys so without any further ado thank you for coming up and we will move on to our panelists. [applause] i want to say thank you for giving your time for your meet unique combination of stories. In 1997 i talk to leonard at the surf times. He had a cherokee friend. It went on for quite a wild. I would say almost a year before i got to meet wit