Airlines tiktok bids moving walmart is now in the mix. Yes, walmart and that stock is up 5 . Microsoft up 2 . A record close watch for the s p 500. At least 59 minutes left of trade. Anything positive, jon, for s p and nasdaq as we go into positive territory with the new records . Once again. And coming up on todays show. Two key reads on the state of the recovery in america. Well speak with the heads of Regal Cinemas parent cineworld and ihg group about safety and demand in light of the pandemic. And counting down to big earnings after the bell, including dell, gap, hp and more well bring you all of those numbers as soon as they hit. Now straight to the big stories we are watching today. Mike santoli is tracking todays volatile Market Action Steve Liesman and Morgan Stanleys chuten aya are here. And ylon mui has details on the new rapid covid test and bank of america is calling it a gamechanger. Start us off were extending up into record territory a little bit erratic fashion the mark
To the likes of boeing. 3 . Asdaq is down microsoft down half a percent. Several stocks rallying big, mgm resorts up 13 after the onlinestake for gaming portion. Twitter is up as well. They are in the mix to buy tiktoks u. S. Operations. Action overump took the weekend to extend economic aid, diverting disaster money to boost unemployment and payroll taxes for some workers. Executiven what to orders mean for the markets and the population, we are joined by wealthwise financial ceo loreen gilbert. What thoughts come into your head when you see these executive orders that may or may not even go into effect . For investors, it gives us a level of comfort that they will be ongoing support for our economy. We know we are not out of the woods yet. For those millions of people who are unemployed, having that extended unemployment benefit will keep consumers being able to spend. That is positive for the economy. While congress is trying to fight it out on what that stimulus package will look l
Coronavirus. Like all other efforts on the supplemental package, it has been bipartisan. Let me commend my colleagues on both sides of the aisle, including my friend and Ranking Member, congressman tom cole. Before you begin of what to extend a very warm welcome to our witnesses, dr. Tom frieden, president and ceo of resolve to save lives, and former director of the centers for Disease Control and prevention. The cdc, from 20092016. And dr. Caitlin rivers, senior scholar at the Johns Hopkins center for Health Security, and assistant professor in the department of Environmental Health and engineering at the Johns Hopkins Bloomberg School of Public Health. Dr. Frieden in his testimony will provide a perspective based on 30 years of fighting epidemics including leaving the cdcs response to ebola, where we are and what we need to do to protect americans. Dr. Rivers makes a case why in the months and years to come will we need additional capacities and diagnostic testing, Contact Tracing an
Last roughly 12 years or so. Relative to today, stocks are sharply higher. We have crude oil, another risk asset recovering at 21 a barrel. There are some folks thinking that the demand picture is improving, sending the Energy Sector to the top of the list, and that is also helping small cap up 3 from outperformance. A lot of the Energy Companies are on the smaller topside. Itfor the bonds and the fed, has been about the news of more issuance from the treasury. We have the yield curve again steepening, i think four out of the last five days, rising by about 11 bits this week. The is healthy, that is yield curve normalizing, something that the fed wants to see. If it continues to steepen, it will put volatility to the markets to the downside or the notways chop way, that is happening today. Keep an eye on the yield curve. We have the long end selling off in the two year call carving out a record low. David extraordinary, thank you. 20. 5 million jobs were eliminated in the United States
Thank you, commissioners, on that motion to adopt the minutes for june 6th, 2019. [ roll col call ] so moved. That motion passes 50. Item 2. Commission comments and questions. So i would just like to comment on the hearing that we just had in respectfully request that the Department Come back with the work that you started a couple years ago and improve upon it. Because i think that part of what is going on is that they have been coming up every week begging us to look at the demo calcs and weve been waiting for this legislation and we havent taken the appropriate action. We need to do what is right. Im hoping we can support staff in doing that. Seeing nothing further we can move on to department matters. Item 3, directors announcement im sorry, did you want to Say Something . Im happy to take that message back to staff and i think im thinking that we have we would come up with kind of a conceptual level and an alternative level. Were not solving for the world. Were solving for this sp