Second wave in the fall. And trouble at tyson foods as china bans its meat imports amid new outbreaks it is monday, june 22nd, you are watching cnbc. Good evening, welcome im Brian Sullivan heres hour you money in the Global Markets are setting up their day. The dow might open up points a mixed session on friday with the dow closing down 208 third down day in a row but what is new, a different story for big tech the nasdaq trying for a 7th straight winning session it is already up nearly 5 this month. Just 35 stoxx of the nasdaq 100 are lower this month and 12 names are up more than 10 the best performer that time, what else . Zoom were all doing the video calls up 35 investors, they continue and its higher again this morning around the world, mostly red arrows in asia overnight europe of course just getting things started karen is in our london newsroom with some of the early action and the early top stories. Karen, good morning. Good morning to you. We have covered a fair amount of t
Across the country in major cities. Seattle, chicago, minneapolis, also in new york city. Of course, all of this as protesters continue the call to defund the police. And staying in new york city, get ready for phase two. Restaurants allowed to reopen. But its all al fresco. Thats all right. The weathers good. You have to sit outside. By the way, another 300,000 people expected to return to work in the big apple. And President Trump officially restarting his 2020 campaign with a rally in tulsa, oklahoma, but there is controversy over crowd size. We are all over that story and so much more. We will get it going on Varney Company which begins now. Ashley all right. First things first. Ive got to get you to the very latest on the virus. Over 2. 2 million cases now here in the United States. This as those 12 states on your screen have seen a record spike in cases over the weekend. Susan li joins us on this monday morning. Susan, give us the numbers. Susan good morning. So the states that s
Drop coming up on todays show, were taking a look at how a number of Different Industries are getting back to work in america. Well talk hotels and travel with the ceo of best western plus, walter rob, the former coceo of whole foods will weigh in on grocery trends and well talk about the state of the consumer lets kick things off with a Broader Market a choppy day to kick off the trading week pretty positive. Right near the session highs as we stand on track for a record close for the nasdaq composite actually kind of a quiet levitation out there the average stock not doing much of anything. Volumes are low. But v but the Growth Stocks are powering higher. You see a one year of the s p 500. Its about a couple weeks ago that the enthusiasm for that reopening really seemed to crest for a little while since then, the old Growth Stocks, if you look at the top of the dow right now, its nike, apple, walmart, visa, microsoft. These are the days when the observation that Great Companies remai
We will speak to the ceo in a moment. Stocks up, halting the rally. The market may have gotten ahead of itself considering we are in the midst of a health, economic, and social crisis. We are now officially in a recession here in the United States. What drove the stall in the market today . It is easy to see why the market would want to take a little buffet either. Little of a either. Yesterday0 as of turning positive for the year despite the fact that the earnings outlook is not looking great. The data is better, but still pretty pat of all things considered. You can see why investors may want to take a pause here and assess the picture and see whether it is time to be adding risk. The nasdaq actually did close in the green today. The nasdaq 100 actually did briefly top the 10,000 level. The Community Services index, those growth sectors were able to eke out gains today as well. The dollar, would have been its ninth day in a row down. It suggests that it was not an altright risk off d
A fox business exclusive with the ceo on the muchneeded money the frenchowned bank threw in to pull it off in a new york minute. Plus, the Restaurant Industry paralyzed by the coronavirus lockdown but the Chipotle Mexican Grill ceo still has customers lining up around the block in their cars. Brian nichol with us live on the successful shift from casual dining to Curbside Pickup among the covid19 challenges. Lol surprise dolls were the hottest toy on the market last christmas but could next years visit from kris kringle already be in jeopardy . We have the ceo of lol and bratz dolls on helping First Responders even as his Family Member clings to life and his business is a little rocky. Its a Small Business rescue loan money now slowing and when we might all find out what Warren Buffett is doing with his huge cash pile. Less than an hour to the closing bell. Lets start the claman countdown. Liz all right. We just have gotten this breaking news. New York Governor Andrew Cuomo moments ago