Restrictions in new york city is boosting education about masks and social distancing. U. S. And china ramping up tensions. Washington rejects beijings claims to the South China Sea and top senators are facing mainland sanctions. Shery lets get you started with a quick check of how the markets are trading. U. S. Futures opening higher, gaining one quarter percent after stocks fell in the regular session. Sharply higher throughout most of the day and then we saw a bearish reversal in the afternoon. Marcus dealt a double whammy with data showing that virus cases surged in california, as they that makes up 15 of u. S. Gdp. Not to mention escalating tensions between the u. S. And china. The u. S. Denounced chinas claims to the South China Sea. The s p 500 at one point hit the highest level since march before falling in the afternoon. Led by tech and communication stocks. The nasdaq composite hit another record high. At the end of the session, the biggest fall in more than two weeks. Take a
Texas sees record daily infections. Walmart demand shoppers wear masks. Some of the most prominent have beenn america hacked. We will have the latest. Lets take a look at how we are shaping up when it comes to the futures session going into the start of trading this thursday in asia. Take a look at u. S. Futures pointed a little bit to the negative, flat at the moment for futures contracts after u. S. Stocks climbed to her than a one month high. We had renewed optimism that we are getting closer incrementally on this Virus Vaccine Development front, not just with the news on moderna, but also a rival set of trials being conducted in the u. K. , reporting some progress. We saw the s p gaining just shy of 1 and actually manage a drift back into positive territory for the year, albeit brief. Chicago looking modestly higher after the bank of japan governor , kuroda, provided some clarity albeit still a very dire outlook when it comes to the japanese economy but saying it was now past the w
Toward the exit. Reporter we looked at the Police Department incident report which stated lane was told about trespassing laws. The officer told me to go ahead and leave the area, dont come back, this is private property, i had to leave the parking lot at that point. Reporter when he and his wife contacted walmart claiming racial profiling the company emailed them saying they were unable to substantiate the allegation. I set a family man and im trying to teach my son and daughter, they have to grow up in the city so im trying to show them by example. Reporter we obtained an email from walmart saying its investigation involves a former employee but it did not provide further details, when we reach out to the company today. Its very real. Its everywhere and it needs to be talked about. The more silent we are, the more it will continue to happen. Reporter he ended up going back to that walmart location with two members of the naacp a week and a half after the incident, shes told he is wel
New york faang index. Of 4. 8 , surging. Amazon is above 3000 for the first time ever. Last week on the better Economic Data continuing into this week. David it is good news and i will take good news, but we are all worried about what you just talked about. Last time the shanghai went up this far this fast, it did not end well. Are we worried about amazon being that far over the 200 Day Moving Average . Abigail terrific point. The last time the shanghai putting a move of this degree, it went longer and further than anybody expected but ended in a 50 crash. Whether or not that happened in the shanghai composite or when it is probably the bigger question. When it gets this frothy, it is difficult to tell. Relative to amazon the stock is the march lows. Unbelievably overextended. This is nerveracking from the standpoint while you have the ultimate stayathome stock doing so well while the recovery sector of energy and financials are in bear markets, it creates the tension. It tells you tha
Protection of undocumented immigrant children. He calls it, quote, a shotgun blast to the face of conservatives. Is june teenth marking marking e official day of slavery in the United States and Many Companies making today an official holiday, more on that ahead. Big tech taking on commander in chief. Campaign says its a symbol used by antifa. On campaign trail put joe biden far ahead of President Trump as the president bushes for more live debates before the november election. And america together, meet a High School Principal going above and beyond to make sure his students get their diplomas in person, mornings with maria is live right now. European markets on the rise this morning, gains across the board, 1 to plus side in england and france, close in germany. Investor attention turning to European Union 840 billiondollar proposed program to help economies rebound after coronavirus. In asia overnight it was buying across the board, gains on all 4 major markets there. President trum