That is growing. The nasdaq was up 110 and s p up 38 points, one and three quarters percent higher across the board. George floyd will be layed to rest today in houston, this as calls to defund even disband Police Departments across the world intensify. President trump, though, holding firm saying we cannot give up on Law Enforcement opposing efforts to Defund Police forces. Turn to ongoing battle against coronavirus, the World Health Organization says that the spread of the virus by people who are asymptomatic appears to be rare as some cases seeing rise in case this week. Mornings with maria is live right now. Global markets this morning red across the board. Take a look at european indices. Cac request rant in paris 89 and germany by 237. The economy will decline 5 and a quarter percent in 2020. Take a look at asian markets overnight with the best performer there hong kong, hang seng index up better than 1 . Some of the top stories that we are watching this morning, President Trump
Jobs falling by almost 3 million but much less than what economists were expecting. Coming up on todays show, as more companies address the rising tensions in america, well seek with ursula burns, the first black ceo of a fortune 500 company, about how Business Leaders can work for real equality and change. Well Talk Solutions with her. Plus the ceo of etsy will join us to talk about what his company is doing to address societal issues and how the coronavirus has changed his business the big stories we are watching in this final hour of trading, as we look at session highs, mike santoli tracking the market rally. Leslie covering boeing and more on the vaccine front. Mike, start us off with another day and another big rally. A big one this was a day it seems you had a lot more people who decided they had to quit fighting the rally. An acceleration to the upside. Take a look at a oneyear chart of the s p 500 weve been talking about this in here, 3,130 the number. Weve been pointing out t
The u. S. And china are dusting off corporate deals in anticipation. Austria braces for a hotter weekend as fires continue to burn out of control. Thousands are urged to seek shelter. This justin, the u. S. House is voting on the or powers resolution. , as is mostly symbolic resolution that would seek to limit the President Trumps options for military action against iran. House speaker Nancy Pallone says democrats were not satisfied by the administrations justification for last weeks airstrikes that kill a top iranian official. Nancy pelosi saying this is more than a symbolic gesture. We have more analysis, but it seems like a long shot for this to pass the republican held senate. That news just coming in that the resolution has been passed in the house. When it comes to the trading session, it is fading out. Tensions between u. S. And iran. A report suggests that the ukrainian flight was taken down by Iranian Missiles. That did not deter optimism. All three markets in the u. S. Hittin
Major funding for the pbs newshour has been provided by ra bnsway. Consumer cellular. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and financial litecy in the 21st century. Carnegie corporation of new york. Supporting innovations inn, educatemocratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ofgoing support hese institutions and individuals. This program was made possible by the corporation for and by contributions to your pbs station from viewers like you. Thank you. Nawaz wall street extended its yearend rally for another day. L three of the major indexes notched new record closing highs today,hanks to a boost from retail and technology companies. The Dow Jones Industrial average gained 106 points to close at 28,621. The nasdaq rose 69 points, to cross the 9,000point rk for the first time, and the s p 500 added 16. Businesses in parts of hong kong were brought to a st
Operation twist, where we just had a liquidity dynamics last time i was on we talked about Earnings Growth bottoming and reaccelerating of course the rate of change is what boosts the multiple so were this one of those periods where it should extend not just through end of the year, but into the beginning of next year as well. So if you think about when those rallies stalled out after qe2, that was the point where everyone realized all that liquidity didnt really boost earnings all that much and by then stock prices were ahead of fundamentals but between now and then, i think that the path of least resistance is still higher lets take a quick look at treasury yields. The fed operations is a large part of why. The ten year is yielding 1. 73 and meanwhile Chinese State media, remember on sunday the pro democracy candidate scoring a landslide victory winning almost 90 of the district down can still seats. And now beijing is calling the election a setback for hong kongs Democratic Developm