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The strongest week since back to april. However, you have to put that in context. Two weeks ago was a lousy week in fact, two weeks ago the dow lost just over 1800 points, down by 1833 points last week the dow was up by 1821 points so that was a giveback for the dow kind of starting things over if you look at the other major averages, they got back much more ground than they had lost the previous week. Last week the s p was up 329 points after being down 195 the week before and the nasdaq was up by 983 points last week after losing 636 points the week before but again these gains this morning are significant ones they are adding to what we saw last week. Also, take a look at whats happening in the treasury market youll see that right now the treasury, the tenyear, is yielding 0. 812 so its stabilized after bouncing around quite a bit during the election and the election counting last week stabilized at 0. 812 andrew thanks, becky our top story this morning, president elect biden wastin ....
Upping its offer for an aid package to 1. 8 trillion, President Trump tweeting go big a positive development on the covid treatment. Gileads treatment helps infected people recover five days faster than average and tech stocks are outperforming as a massive deal is in the work the week capping it off with a bang. Absolutely. The russell 2000 is up 6. 4 for the week the dow is currently positive for the year as a whole, just. Lets get to the stimulus news in washington and the reaction to it. Bob basketball has a look inside the market rally ylan moi, and Dana Peterson from the Conference Board bob, lets start with you on this very nice end to a strong week. Good news and bad news, will. Good news is, s p is up about 3 on the month the bad news is i am seeing a little bit of an inversion of the stimulus play today. That ....
Points the s p which is then up five out of the last six weeks and up the last six sessions in a row is up by 5. 5 this morning and then the nasdaq which has been this incredible out performer for months on end is the other performer this morning its down by 13 points but remember nasdaq was only down friday after being up for several sessions in a row. Setting a new high every one of the closes. The s p is less than 1 from its all time high. Its up back in february the treasury markets youll see right now. The treasury yields are where they have been the ten year is at 0. 556 . Melissa. We have an update on the pandemic the United States surpassed covid cases. It took just six weeks for u. S. Covid cases to double. The growth appears to have leveled off at an average of 54,000 per day over the last week in College Sports news over the weekend the mid american conference scrap ....
News about the pandemic, the confederate battle flag and police brutality. Denied bail, the judge decides Ghislaine Maxwell is a flight risk after hearing pleas from two women who say she helped Jeffrey Epstein kidnap them. How marines are fighting the coronavirus with an Intense Research effort that could help all americans. Like the sound of that. First, here is todays eye opener. Its your world in 90 seconds. If you look at the magnitude of the 1918 pandemic, it does have the makings of the possibility of being, you know, approaching that seriousness. The director of the cdc is warning that fall winter will be among the most difficult for Public Health in u. S. History. Over the last couple of weeks, you keep talking about cases. You dont talk about death. W ....
As a whole. Theres not been anything like this record setting, just put out that the United States economy added almost five million jobs in the month of june, shattering all expectations. I was watching this morning, the expectations were much lower than that. The stock market is doing extremely well, which means to me jobs. This is the largest monthly jobs gain in the history of our country. The Unemployment Rate fell by more than two Percentage Points, down to just about 11 . Were down to the 11 number. We started at a number very much higher than that. As you know, we broke the record last month. We broken again this month in an even bigger way. This news comes on top of mays extraordinary jobs report by which was revised upwards the way by the way to 2. 7 million jobs. It was 2. 5 million. That was last month, ....