One progress review should happen soon. More signs offers china strengthening rebound. Sales jumped by one third last quarter to 22 billion. The company insists it is no threat to u. S. National security. Lets take a look at how we are shaping up on this final friday session of the day. Lets get over to sophie he was taking a closer look. What are we watching . Vibes coming through with futures largely higher. We could see some weakness in korea following the drop that we saw for the kospi. On the docket today were looking at cpi from japan. Nikkei futures move slightly higher this morning, while the yen is trading below the 106 handle. Pulling up the chart on the terminal, we are watching to see if tech will bounce back in the region after thursdays selloff which saw the kospi with a big loss and the worst day for the regional tech index since march. Samsung took a hit on the south outlook for to prices. Prices. Outlook on chip potential hits on huawei and delayed 5g. That could hurt
Cspan2. Good morning everyone. More people are expected to arrive i saw Michael Lawler in the back. So the Wilson Center the best supporter on the planet and giving a name tag. So i am jane harman president and ceo of the wilsonan center it is the best job onob the planet because i get to talk to geniuses every single day. One of them i will call around you may not know her but she run Science Technology Innovation Program and is responsible and then to teach capitol hill staff about cyberand Artificial Intelligence and then been gbuchanan and the go to guy and and i think i have been the repeater of alll time. And i thank him for his patients. A global fellow and will discuss the latest book right now but spoiler alert hackers change the world. How . But those are at those relations in the gap between the United States and other countries has narrowedas considerably. Narrowed considerably. In 1 million worth against the bank of bangladesh and that disinformation to the blackouts in uk
One of them because and in my script but im going to call her out is megan came some of you may not know her but she runs a Science Technology and Innovation Program and is responsible for the schools we have on friday to teach the staff about cyber and Artificial Intelligence and todays genius would be ben buchanan is our go to guy when we teach those and been trying to teach me for a while. I think that ive been a repeater at all times. I am getting i getting is that n analog brain and i thank them for his patience. He is a global fellow and he will discuss his latest books right now called the hacker and the state. Spoiler alert, theyve changed the world. He says of cyber obligation thee now indelibly part of the operations and the gap between the United States and other countries has narrowednd abconsiderably. To hack a Million Dollars worth against the bank to the maligned activities from the disinformation to electric in ukraine. As a former member of congress, that would be me,
Cheerleading forward as we expect politicians to do. The underlying math on the thursday past was outright graham. Outright graham. Whether it was germany or russia. Increasedew york city 9. 8 yesterday. That is a huge fall back from the end of may story we have been getting. Francine if you look at the pattern, if it is anything like we saw in france, gets better and then gets worse and then get better. Bear with us and good luck to everyone. Lets get to the bloomberg first word news in new york city. There china hasnt had an economic report like this in decades. The coronavirus pushing the countrys economy into a contraction in the First Quarter. Gdp shrinking to 6. 8 from a year ago, the worst performance since at least 1992. Recovery will not be easy. Coronavirus has hammered business around the world. China will have to demand will have to rely on fragile domestic demand. It is a threephase process. The president says some phases could begin literally tomorrow. The guidelines mark
We will see you soon. Thanks, maria. Maria mark cuban joining us. That does it for us. Varney company is in session. Ashley webster is at the wheel. Ashley, take it away. Ashley thank you very much, good morning. Good morning, everyone. The phrase of the day seems to be light at the end of the tunnel and guess what, the market likes it. We are looking at another big rally at the open today, following that 1600 point surge to begin the week yesterday. Optimism that the coronavirus pandemic is stabilizing is fueling the market right now. Italy and spain appear to have flattened, even bended their respective curves. And new York Governor Andrew Cuomo says the numbers show new york, the epicenter of the virus here in america, could be at the apex. Also helping the market, a fourth stimulus, now being discussed between the white house and top lawmakers in congress. 1. 5 trillion in tax cuts and spending. As for the last stimulus, 5 billion in Small Business loans have already been handed ou