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Alphabet, apple, companies in the s p 500. Folks are going to get a real snapshot. Aey are really going to get much better sense of how these Companies View the next couple quarters. It will be interesting to see whether investors are willing to look past those quarters and whatever help they may have for some type of recovery. George, global macro strategist at Bespoke Investment group. A lot of folks are focusing on the Consumer Spending side of the equation. Once we are all free to move about the cabin, so to speak, we are going to go back to spending money, buying things. The other side of this equation is something that wasnt in good shape prior to covid19, business spending. Do you anticipate any material rebound from businesses sometime this year . Depend on is going to the economy. I cant say theres no cha ....
Works ceo will be joining him along with other content and we are out of time, from myself and tyler matheson, mike santoli has you on the other side. Stocks surge as Congress Says that help is on the way when thats still the question. Good evening and welcome to cnbcs continued coverage of markets and the economy in turmoil. I am brian sullivan. In a year of firsts it was another recordbreaking day on wall street. The dow soaring 2,112 points, thats its biggest point gain ever and the first time the index has risen more than 2,000. That move translates into an 11. 37 gain making it the largest climb and the biggest since 1933 on this as they close on a massive package for the American People that could be in the trillions of dollars and well have much more on that coming up and first, lets get to the markets and the money on another wild and record breaking day on wall stree ....
Start. Up 15 since the beginning of the year, and it just got a huge upgrade. Its our call of the day netflix, ibm, intel, and more, a ton of big names report earnings next week. Well get you set up the Investment Committee is ready to go. Halftime report starts right now. All right. Good to have you with us on this friday our Investment Committee, jim lebenthal, josh brown, steve weiss, and shannon shikosha. Lets begin with the markets. The s p set another new record high today all three averages in fact doing so word this morning from appalo a appaloosas david tepper saying at some point the market will get to a level that i will slow down that horse and get off. The fed put money into the system, china tensions eased, and the sign seemed clear to him about where the market wasgoin to go whereas there was a lack of clarity in the months before that because of al ....
Yuan strengthening, below seven for the first time in a couple of months. I thought i would point out, uber down 7 even though analysts were quite happy with the results. Guy european stocks ticking higher on the back of that ism data out of the United States. We are now at 404 on the stock 600. The euro is trading a little softer. Interesting to see how far european equities have come. The South African rand continuing to make gains. Vonnie and shanghai, president xis intake president xi reaffirming that his country would open itself up to trade even further. Pres. Xi in order to boost growth at home and create more chinaor global growth, will give greater importance to import. We will continue to lower tariffs and institutional transaction costs. Vonnie we are joined now by bloombergs selina wang in shanghai. Who was xi addressing with this speech . Heard, xi isu reiterating ....