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Vacation go when they cant leave the house . Nowhere just sleeping in and hanging out with the family. You look over, 3 50, those losers are up. Is this me this is me. Good. I finally rattled you. Difficult to you i rattled you watch the silliness. We are hearing a lot of things sharing you were twerking, i figured i better get back quickly. Nobody wants to see that. You cant unsee that u. S. Equity futures at this hour, lets tell you quickly things are down for the markets. The biggest decliner is the nasdaq no surprise because of the hearings happening today for the big four the nasdaq off 1. 257 . The s p indicated up by 9. 5. There is so much happening today. Well hear from boeing General MotorsGeneral Electric and others before the bell. We are keeping a look at whats happening from the treasury yield this morning the fed conference the 10year at 0. 589 . Andrew is go ....
Starting the quarter with gains. The nasdaq was up more than 1 by an alltime high. S p was up half a percentage point. The dow was up slightly. A decline of about 0. 3 . Burke buckle your seat belts a lot to come. We have been watching what is happening with the futures at this point, all three in the green. The dow up almost 200 points all coming before the big jobs report the last trading day of the week before a long Holiday Weekend for the 4th of july. You could see some activity happening here a quick look at the treasury market youll see right now, the 10year looks like it is yielding 0. 676 . It is that jobs preview people are waiting for to get a sense of what is happening in the economy. Lets bring you the preview maybe not the numbers itself but get ready for them markets in the u. S. Are closed tomorrow in observance of Independence Day today is jobs thursday fo ....
Financials all higher by 2 or there abouts shares of Sonic Automotive up 200 from the march low as the demand for used cars skyrocket during the pandemic. The ceo david smith will join us well welcome him as power lunch begins right now thanks the stocks are still on track for a week in the red bob was more on the moves for us we were moving down quickly at the open. We turned around at 10 00. Thats when we got the headline that the regulators were easing part of the rule we had word that texas was pausing the roping plans we drifted lower again thats what i mean about dualing headlines that we have been seeing its been drifting lower they are delaying the california theme park they have been on a down trend for a while. Nice to see Energy Bounce back we had a bad day yesterday on energy as oil dropped about 5 they are all bouncing back today. Thats helpful all five of the b ....
25 cases per 100,000 residents, the last 2 weeks or less than 8 of tests coming back positive in the last week Governor Newsome is painting a brighter outlook for june. Expect if we hold the rate. Transmissions we hold the Positivity Rate down we continue to do justice to the hospitalization icu numbers that will be making announcements statewide not just with the regional variances that would for retail not just to be picked up but in store retail to be loosened up. In addition to sporting events a pro sports. In that first a week or so of june without spectators and modifications and prescriptive also can begin to move forward. And he points out you have to also expect that maybe things will be pulled back and tighten up again if any of these county c more covid positive cases. They may have to do that for now jims tourism entertainment are all out of the question. Those ....
Lower starting point at 399 i asked cook if he was worried about the se denting demand for the higher priced models and then tanking his margins cook dismissed that telling us we are never worried about cannibalization. Our view is if somebody is going to cannibalize it better be us theres probably a little overlap between the two. The se right now cook saying appealing to android switchers and appealing to people who want the most powerful phone but in a smaller form factor. Sticking with the iphone i asked about iphone demand in china what are they looking like and can we use china as a leading indicator for other geographies in countries, europe and the u. S. Cook telling us there was a significant, very steep falloff in february that began to recover some in march, and weve seen further recovery in april so it leaves us room for optimism its hard to tell if thats a leading indicator, cook says there are differences. The u. S. Has had very bold stimulus programs and i think that wil ....