Good morning. I am kasie hunt on this thursday, june 24th. Well start with the news. There appears to be a long awaited break threw on bipartisan infrastructure talks. Specifics of the deal, including how it will be paid for, have not been released, but lawmakers seemed optimistic as they left a closed door meeting with officials last night. Republicans and democrats have come together along with the white house, and weve agreed on a framework, and were going to be heading to the white house tomorrow. Meanwhile white house officials also met with House Speaker nancy pelosi and Chuck Schumer yesterday. Democrats are considering two ways to pass their Infrastructure Priorities with or without republican support. We had a very good meeting we got into quite a bit of detail. Were all on the same page. Both tracks, the bipartisan track and the Budget Reconciliation Track are proceeding at pace, and we hope to have voting on both them in the house and the senate in july. The bottom line, the
Highs. Coming up a busy news day, and a series of big interviews as well. The ceo of gap, jonah snngal, her first interview since taking the job in march talking about the post covid lavin escape and the partnership with kanye west. Plus we have patrick frisk with his partnership with steph curry. We will discuss the fierce competent anything footwear. And salesforces deal to buy slack is expected to be announced today after the bell we should get those details. And sales details also out after the close. Looking forward to that. Slack up a little bit today. Lets get to the Market Action mike santoli is tracking it. As stocks moving higher but off the highs of the session. For three weeks they have been mostly sideways around the recent highs right now we are a little less than 1 above the intraday high from november 9th. Est that was the day the election was called. Then you had the vaccine from pfizer that was right in here intraday high. At a record. 67 above the march 23rd low righ
Forecast. We will bring you that interview with the ecb president. And the ax falls again at goldman. The bank prepares to cut jobs for the second time in three months as the focus returned cost cutting. Very good morning, everybody. Welcome to the program. Lots of breaking news to get to. Lets have a look at some of these numbers coming through. Have the numbers coming through from the shipping business which transports 1 5 of the worlds containers so really interesting insight into the way the Global Economy is spinning and the shipping industry in particular. We are getting the numbers through. We already heard from them last night about how they were upgrading their guidance, raising their fullyear guidance so that already sets a positive tone. They said they will initiate a new Share Buyback around 10 billion danish krone. That program will run for 15 months. E will be speaking to the ceo that is the conversation at 7 30 u. K. Time, so in around 25 minutes time. Let me get to some
The year dow is set for a record close, approaching 30,000 with 59 minutes left of trade. Up 1 2 on the dow sara 29,830 currently. Coming up todays show, we are waiting president elect biden to make some comments on the economy. His economic plan that should come any minute. We will take you there live. In the meantime, a rare interview with operation warp speeds dr. Slaoui he will weigh in on the moderna news and what the rollout will look like. Plus the positive vaccine theus with mark moabious his eye on emerging markets. And mike wilson saying next year will be all about earnings we will discuss with Morgan Stanleys chief u. S. Equity specialist mike santoli joins us. Meg tirrell has the latest on covid19 news. Eamon javers will go over president elect biden speech on the economy when we get there. Lets start with mike santoli. We below on the s p 500 where we were this morning, by about a third of a percent below last monday mornings high about a third of a percent but looking at
Welcome, everybody. I think we have some republicans that have a leadership election, but theyll be coming in. Can you see me . Can you hear me . Is it working . Well, the election is over. Theyre still counting the votes and making legal challenges and once all of the legal challenges are made and the votes are counted, well have that done. We still have two outstanding races in georgia to determine the control of the senate. And the committee will keep moving forward doing its work. We have next week social media oversight. I cant wait to have the social media ceos come to the committee and explain themselves about their platforms. I think theres a lot of bipartisan support to take a hard look at social media platforms. The earned act is still a business pending before the committee and after the hearing well have markup. But today, we have mr. Mccabe, the number two at the fbi during crossfire hurricane. I think hes going to appear remotely. I appreciate him coming. And what ill do