The reopening of america. Take a look. Dow futures turning negative down 19 points but the nasdaq is up 9 and s p 500 is also negative down about 1 point, mixed story this morning, dow and s p 500 snapped 3day winning street yesterday turning negative by the close, dow down 170 points, nasdaq was up 14 but s p down 11 and a quarter. Secretary mike pompeo meeting with chinese top diplomats as issue on trade, human rights and coronavirus heat up, john boltons new bookmaking claims about President Trumps relationship and xi jinping. Protests in atlanta to report. Meanwhile an Capitol Hill Senate republicans unveiled Police Reform bill as House Democrats call for more action. Coming up at 7 00 a. M. Eastern this morning new york city mayor Rudy Giuliani will join me with his valuable insight on policing in america, the former mayor today telling us his reaction to all of this. Then cracking down on big tech, Justice Department looks to limit protections enjoyed by Technology Companies as c
A reaction that could further destabilize the global economy. And huawei vows to continue its campaign against u. S. Restrictions on tech. We will be hearing from the security chief a little bit later on this hour. Shery lets get you started with a quick check and how the markets are trading. U. S. Futures are down a 10th of 1 . We saw a fade in u. S. Stocks, giving up their gains after President Trump announced the executive order targeting social Media Companies. This coming at a time when u. S. China trade tensions continue to rise. We are seeing tensions over hong kong. The s p 500 fell for the first time in four days, and recent out performers, like bank and energy stocks, fell 4. 6 . Twitter falling almost 5 . We did get encouraging news with betterthanexpected economic data. Continuing jobless claims and capital goods orders providing some support. It is looking like we are shaping up to be a mixed start to trading here in asia. We are seeing for japanese futures, a little chang
Host are against this week on the communicators is congresswoman Abigail Spanberger. Spanberger. Shes a democrat from virginia in her first term. Congresswoman, get some legislation that was passed earlier this month. What was it . Guest i had a bill focused on five Key Technology and the bill passed 4133, and the premise of this bill is we are facing significant challenges with the future 5g technology and the United States needs a comprehensive strategy. This bill would require that we develop one. That we implement it and we work with our partners and allies to ensure they do something similar. Host who is the wii that has to develop this . Guest the executives, branch. So determining the focus of this bill is that were requesting executive branch, the administration, develop a broadband strategy, a national strategy, a comprehensive strategy and a public strategy so the recognizing the challenges, the threats as a might term them, that come from development of 5g in other countries
And the nasdaq is indicated up by 66 points lets take a look at whats happening in the treasury market the other thing worth watching, wti, crude oil prices. Last i saw up another 7 to 31. 51, so seeing wti above 30 a barrel the tenyear note is yielding 0. 64 . Andrew thank you, becky. Hope everybody had a great weekend. We have an update as we do every morning these days on the pandemic lets give you the total numbers right now. Global cases have reached 4. 7 million with 1. 4 million right here in the United States. More than 90,000 people in the United States have now died from this virus changes are coming to our nations airports as well. The tsa reportedly preparing now to check passenger temperatures at about a dozen locations as soon as this week. Airlines have begun urging the government to take steps in an attempt to keep potentially sick people off planes and make travelers feel more comfortable flying again, which is going to be so crucial not only to everybodys health but t
Congresswoman Abigail Spanberger. She is a democrat from virginia in her first term. You have some legislation that was passed earlier this month . I had a bill focused on 5g technologies and the premise of the bill is that we are facing significant challenges with the future of 5g technology, and the u. S. Needs a comprehensive strategy. Develop one, we implement it, so the bill would require that we develop one. That we implement it, and we work with partners and allies to make sure they do something similar. Peter who is the we . Rep. Spanberger the executive branch. We are requesting that the administration develop a broadband strategy, a national strategy, a comprehensive strategy and a public strategy, recognizing the challenges and threats that come from development of 5g technologies in other countries, that we from a government perspective or a private sector perspective and from a public perspective, understand these challenges and potential threats. And that we move to a pla