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Speaking out on social justice what amazon and facebook are doing this morning stay ahead of the conversation youre watching Worldwide Exchange right here on cnbc. Good afternoon, and welcome from where ever in the world you may be watching. Could be another very, busy week in the markets and otherwise the big question today really for the markets is whether this incredible rebound rally will roll on. Futures right now are showing that it might. A price like that its the first record closing high since february 12th really number one optimism that the American Economy will recover faster than expected with data point ceos and all coming back quick. And trillions of dollars around and finally the old t trade, there is no alternative as bonds lose their luster. And bonds in the last few questions absolutely dumped. Investors selling treasuries and buying equities and of c ....
Gain i think im looking at the right place, nasdaq composite, up 1. 5 . We are doing well this morning. Now look at this. Novavax started phase one trials of a vaccine with human participants. Results expected in july. Big stock gain. By the way, the ceo will be on the show today in our 10 00 hour. Merck are working with an austrian vaccine maker and they have established partnerships with others in the field. Merck is a dow stock and it, too, is on the upside. 3. 7 higher. Heres the bottom line. There are hopes that a vaccine may be developed more rapidly than thought possible. All right. Im going to show you some of the scenes from around the country this memorial day weekend. Its the official unofficial start of summer. We took every opportunity to get out and have a good time. That suggests the recovery is picking up steam. We will show you more about this in just a moment. Joe biden, he broke out of his basement for the First T ....
Honor and privilege to welcome you to the global event of the highly revised because of this incredible highly acclaimed bestselling book passing darwin. But until recently 100 people or a few more. Are some bad wine for now you can eat your favorite food from your refrigerator or the bedroom of choice on bed on beverage of choice and this is also being taped by cspans welcome everybody. These are unprecedented times and then and this moment in history where things could be shaped for ill or good in this we have found in our four weeks of telework is not really social distance it is geographic distance. We have galvanize the Global Community with that social interaction because we are all galvanized with our community and one of the biggest thinkers of the all and we will join the global conversation at the Atlantic Council we are concerned with covid19 for sure but looki ....
So many of our businesses are hurting now. They need support now, and also will need support in the future. Some of the programs that we put forth here in the city, immediately, almost, was to defer the payment of business taxes until next year. We actually extended the deadline for fees, as well. We provided resources for paid sick leave so businesses can extend paid sick leave payments to their employees. We provided grants and loan opportunities with no interest and flexible repayment schedules. We have also provided arts grants for so many of our artists who rely on performances and other events in order to take care of themselves. As someone who not only loves San Francisco, but as someone who uses so many of our Small Businesses, whether it is the drycleaner that i have been going to since i could afford a drycleaner, or the person who does my hair or my nails or the mus ....