Markets with the best three months in decades. The dow saw the best quarterly performance since 1987 the nasdaq had its best gain since 1999 and ended the quarter up 30 take a look at the small cap up 25 since april 1 the best gain since the First Quarter of 1991. Because the First Quarter really stunk up the place the dow coming off the worst first haflt year since the financial kri sis. The s p still down 4 on the year yesterday was something to watch. We had all three major averages which did close for the month of june in positive territory you are looking at s p 500 closing above 3,100 and watching the nasdaq close above 10,000. Seeing a slight pull back. S p futures down about 10 points and nasdaq off by 25 weve been keeping track of the treasury market. The 10year has been below 0. 7 . Now sitting at 0. 684 . Crude oil prices were a huge point of concern earlier in the year up 40. Well see what could help the senate has voted to extend the ppp Bailout Program to august 8 giving companies extra time to access the remaining 1 130 million selling the committee there was bipartisan support to extend the house needs to pass that bill and send it to President Trump for his signature. The expectation is that that will likely happen on the krcusp of another job report that is tomorrow we were sure last month there would be losses. Now they are thinking there would be a gain. So what happens. I guess you could say the nasdaq is partying like it is 1999. That was a song. It was. A bad hang over p becky said it. We are coming off this terrible moment coming off this terrible moment and sort of on this crazy swing. It was a nice puppet that is reborn somewhere else, i guess. I was reegd before hand. The first time i read it about police dispersing people in hong kong i was ready to be somewhere here so around the world, weve got things happening it is just such a difficult time i dont know if we could have predicted wed go from covid to where we are 2020, maybe some good comes out of it. Or at least we are half way through the year are we . The police in hong kong announce they made their fis arrest Police Force Twitter account posted a picture of a man with a hong kong independence flag which prohibits undermining National Unification of hong kong with the mainland the person will face punishment of up to lifetime in prison. Hong kongs police used forcen and recordedly arrested up to 80 people a new report says apple is pressuring suppliers to cut production delays for the next generation lockdowns it says lockdowns put the giant behind schedule. They are expected to release four different models and three screen sizes they typically announce new phone models in september. Up 43 probably not a huge surprise to see any company dealing with delays given all the issues because of the closure and the pandemic that could be the reason. I will wait as i do. Havent gotten the ring yet. Im in. This year, im in. I know you are. I dont want to do it too early. I held off. Tell me how much youve used your phone this year because we are all at home. Mine is like a 7 or something. I dont have a ring either what was the ring reading this morning. All my twitter people want to know down. So yesterday, i was at 89. I was proud of myself. Today i went down to 83. This is not iq. I like you even better on these numbers because you are like chill, andrew i was so happy. I had a 95 on monday i had a 95 on monday, i just slid all the way down. You almost said, i actually like you when you are below 90 but she said, i actually like you better joe said last week, i have to admit i have a very small and then he paused thats what he said last week. I have a very little. We all filled in the blank. Meantime, the advertising boycott add these to your list until it quote takes action for hate speech. Announced it removed the Network Associated for the Extremist Movement for dangerous individuals and organizations. This is picking up steam the question is what facebook and Mark Zuckerberg have and will have to do in the face of it that looked to me like a huge signal wanting to appear before them. I dont know. This might be that moment i dont believe these are like the Business Strategy for the profit he believes what he believes you can disagree with his view but i dont believe it comes from a place of profiteering the idea that hes willing to meet with these organizers is a huge signal that okay, everything is on the table there is likely to be change that comes out of it ill go ahead and meet with them and that means change is on the way. Much more of the Small Businesses that rely on facebook and the rev you into harder for the sml businesses not to advertise and get to the hard of places it will be interesting to see the Pressure Point you said it, this is this feels like a shift calling on congress to pass reform before the recess announcing a nationwide campaign to push for reform heads the round table on justice. Released this morning saying Corporate America cannot sit this one out leaning forward and saying we have a problem you cannot watch the george floyd video and say we dont have a problem randa randa Randall Stevenson will join us hes been actively involved with brt. He used to be the president of the brt. Well hear from him. There was some unrest in dallas four years ago. Hes frustrated it is four years later and nothing done getting all hands on deck to pass Corporate Tax reform. Throwing your weight around in washington just seemed a little ironic this is july 1 passing today, so it is good we are having him on to talk about it he was on for an extended interview, that was only two or three weeks ago. The days all run together they do why we have dr. Gottlieb, i know that which is good. That we always have we it up next. Get your questions ready send them over twitter dr. Gottlieb weighing in on the jump in covid cases in u. S. And new lockdowns around the country and what it means. U. S. Equity futures are in the red on the first day of july well be right back after this even if their shares cost more. At 5 a slice, you could own Ten Companies for 50 instead of paying thousands. All Commission Free online. Schwab stock slices an easy way to start investing or to give the gift of stock ownership. Schwab. Own your tomorrow. Swithout even on yoleaving your house. Just keep your phone and switch to Xfinity Mobile. You can get it by ordering a free sim card online. Once you activate, youll only have to pay for the data you need starting at just 15 a month. There are no term contracts, no activation fees, and no credit check on the first two lines. Get a 50 prepaid card when you switch. 5g is now included with all new data options. Switch and save hundreds. Xfinity mobile. New covid19 cases in the u. S. Rising by more than 47,000 in the biggest oneday spike with 19 states pausing or rolling back reopening in some form texas reported a new daily total case load of more than 6, 900 and the governor suspending elective surgeries another eight states have been added to the tristate quarantine list. Travelers from 16 states including georgia, california, iowa, idaho, louisiana, m mississippi, nevada and tennessee. Dr. Fauci testifying before a Senate Committee yesterday he gave a stark warning about the path to reopening. We are now having 40 plus thousand new cases a day i would not be surprised if we go up to 100,000 a day if this does not turn around and so i am veryconcerned. Saying that the u. S. Is not in total control of the pandemic and we are going in the wrong direction in terms of the curve. Joining us now with more is dr. Gottlieb former fda director and cnbc contributor. Those were stark words from dr. Fauci yesterday. Perhaps even more stark than i expected i know the numbers are not great but getting to 100,000 a day is something. Is that realistic in your mind hes talking about 100,000 diagnosedcases the reality is, we are more than 100,000 cases a day right now. We are probably diagnosing one in 10 infections nationally. The 40 to 50,000 infections we are diagnosing really represents 400 to 500,000 infections. Not all cases because not all of those are symptomatic. We are well more than 100,000 cases right now. Whether or not we could diagnose and get them tested and confirmed, thats not clear. Even though we have a lot of testing, we have more than 500,000 tests a day. That will grow states like texas and florida are falling behind on testing because that isnt evenly distributed. It might be hard to diagnose the cases where we are well more than 100,000 cases a day right now. I want to ask you about the reopening of disney. Talking about what will be required for employees the fact that disney is not going to be testing employees. They have a very strict regimen. Ive looked at what they plan to do all employees will be masked guests will be masked. Theyll take temperatures at the door there is a questionnaire they have to have fill out. You mentioned in march and may and about big employers doing testing on a regular basis would you go to disney world does that concern you . The right approach, wrong approach is. I think the decisions consumers will make is will they go to parts of the country where the pandemic isnt controlled. I think the answer will be no. States that thought they would reopen, especially businesses that are not necessarily local businesses but global and national businesses. Local businesses will be harder pressed. You have one location of a business in florida, you want to keep it open it will be harder to travel in and out of these states right now. It will take some time to get things under control states like florida, california, texas will see things grow much larger before they start to see things come down you may not see disney world or land close down or see a lot of travelers coming out of state but there are people instate who have season passes who would probably glo to the park in that event. If you were advising governor in those states, would you tell them to shut close parks down. Is this a situation people need to wear masks, do the best they can . What would you sd advise governors . Id be telling governors. I had a number of conversations to preserve these things that are most important to keeping the economy going. I priorities schools and businesses that make significant contribution Small Businesses when you are talking venues that are higher risk inside that are purely entertainment that would be top of the list for closing. That is the higher risk. You are seeing states close the bars things like casinos and amusement parks, sure, a lot of things are done outdoors a lot of shared surfaces and settings in doors where they are operating in parks i think this is lower down on the list i dont think this is a priority this is contributing in florida. Theyll have to worry about getting the epidemic under control where theyll see the biggest impact people will stop going out and stop integrating with the economy. Back to the question about employers testing, i remember we had a lot of conversations early on that employers would be the ones leading the way and youll hear about employers ramping up testing. Youve heard about universities doing that we havent heard about massive testing in schools would that be a way to make this work we have two months to get our act together ifs that going to be the case . An interesting question a lot of conversations going on right now. Ive been in on some of those conversations, you are right that you havent seen widescale deployment of that i think there are hurdles and challenges about how to do it. Employers want to be the ones getting the results. There has been the reluctance to leap you havent seen the widescale adoption the inflection could be the advent of home testing where if you are an employer, you could ask your employee to go on an app and go through a symptom check and see who they were in proximity with in the work place. If they dont pass that test, you can tell them they have to get tested hook them up or have a home test delivered. The employer never has to take possession of the test employers are reluctant to bring testing on the site. Cvs offices a service to come on site and take control of it. Theyll get the results and report results so employers want to offer testing but not take control of it it is understandable, they are not health care companies. Should schools do it . Im talking k through 12 i think so. You are looking at governors that are looking at doing that good to talk to you hopeful well have an opportunity again tomorrow thank you. When we come back, the money moves you should consider before july 15. We are just two weeks away from tax day. We have details next right now, take a look at biggest premarket drags on the s p 500. Were going through a really tough time right now, all around the world. And covid19 is still impacting so many people. If youve survived it, then youre the heroes we need. The plasma thats in your blood can literally save lives. But we have to act fast. So please donate. You fought for your life. Now, lets Work Together to take down covid19 to donate plasma go to thefightisinus. Org welcome back pushing this years tax day to july 15 just two weeks away. That is the deadline to make a few other money moves as well. Well hear more about all of this good morning good morning. July 15 is also the last day you can make contributions to accounts that could translate to nice tax savings you can contribute up to 6,000 to an ira and 7,000 if you are 50 or older and get a tax deduction. If you have a High Deductible Health plan, you can stash, 3,500 and up to 7,000 to a family plan. Those hsa contributions are tax deal ductable. Extending the filing deadline in response to the covid crisis there will be no more delays but if you are not ready, you can file for an extension giving you until october 15 to file you still need to make those july 15 ira and hsa contributions. Here is a reason you want to find youll be paid interest from april 15 until the date of the refund it was 5 . Now 3 until september 30. An annual rate compounded daily. It changes quarterly how nice to get some extra cash at this time you didnt expect if you waited on that, you could have gotten 5 gotten 3 percent e on your money. That is better than any Checking Account . It is still considered a delayed refund they have to pay interest on it. Yep. Wow a lot of people may have delayed filing the first time around because they owe money i realize you can file for the extension but that doesnt mean you cant wait if you owe money. You want to make sure you pay what you can when you file that return or file the extension look at irs. Gov payments they understand people are having a difficult time. There are many options making sure you come up with a way that will be visible for you. Thank you it is good to see you. Coming up, stock futures pointing to a slight pull back around 90 points we had 800 points on monday and tuesday. Well talk strategy next new data in polling data from voters in battleground states and what it could mean foi the markets and a look at yesterdays s p 500 and winners and losers announcer carvanas had a lot of firsts. 100 online car buying. Car vending machines. And now, putting you in control of your financing. At carvana, get personalized terms, browse for cars that fit your budget, then customize your down payment and monthly payment. And these arent madeup numbers. Its what youll really pay, right down to the penny. Whether youre shopping or just looking. It only takes a few seconds, and it wont affect your credit score. Finally a totally different way to finance your ride. Only from carvana. The new way to buy a car. We were paying an arm and a leg for postage. I remember setting up shipstation. One or two clicks and everything was up and running. I was printing out labels and saving money. Shipstation saves us so much time. It makes it really easy and seamless. Pick an order, print everything you need, slap the label onto the box, and its ready to go. Our costs for shipping were cut in half. Just like that. Shipstation. The 1 choice of online sellers. Go to shipstation. Com tv and get 2 months free. Good morning, u. S. Equity futures down 81 points first day of new quarter and all of this stuff guys have to do to dress up their portfolio surprisingly after two mornings where we had no idea where the stock market would end up. Pretty solid closes and actually added 800 points to the dow. The november election looming over wall street change research and battleground states looking at voters for the race for the white house eam eamon javers now with what we refer to as the states in play. We call it states of play because these are the six battleground states. He won all six of them in 2016 we are watching what might happen there come november it is early days but this poll has more bad news now. Two weeks was the first time we saw joe biden take a lead in all six of those battleground states tood today, extending his lead to plus three to plus six we are seeing the president is losing all six of these to joe biden. In arizona, negative 7, wisconsin negative 8 florida down five. Florida is the only state where we are seeing President Trump catching up. He was down more than five earlier. Still, the president under water there. So crucial to the elections now. Why is this happening . Take a look at the bread and butter issues. You see the president losing traction here. Under water on immigration by 5446 among likely swingstate voters 54 disapprove of the way hes handling immigration 52 disapprove of the way the president is handling the economy. Helping your pocket book, again, 52 disagree with how the president is handling there. And the stock market, 50 50 thought this would be their calling card going into the reelect. You do see peoples concern in these swing states ticking higher from 62 of concern on may 31 to 71 on the latest survey joe, if you look at all of this, you see it is the virus in those key issues moving the poll numbers where hell have to fight back behind in those crucial battleground states. A lot of time here between now and november back to you. Early days but covid19 we are supposed to be reopening and there are questions in a lot of the country. That throws everything into the unknown territory. Even if it is not a second wave. God forbid in new jersey and new york, we dont want people traveling here because we thin