States. President trump says masks are good but will not accept that they should be law trade newesters detained under security rules. Citizenship. Offer u. S. Futures are opening flat. Duringa mixed session the regular trading day. Gained, but the dow underperformed. We have positive sentiment coming from vaccine manufacturers. Optimism is a little bit offset by the surging virus cases. Eight of the 11 sectors closed higher. Composite ended at a record high. Oil, it of pressure on is down below 40 per barrel. We saw a rally during the new york session. Since the biggest drop december. New zealand, trading is underway. Chicago nikkei futures pointing to a mixed start across japan. Are looking like we can see up just over 1 at the start of the session. The aussie is holding unchanged. Strategists are not clear about the direction for this risk exposed currency. Organ stanley is bullish jpmorgans calls saying we could see low 60s as a result of the slowdown in global growth. Hours of chi
H shares in now and hong kong up by. 5 . Pretty marginal gains here in the last half hour or so with it brings us near the top of the 2015 bubble. On the other of the argument hsbc is cutting china to neutral f this rally. Something to keep in mind as we take a breather here from the exuberance weve seen in chinese stocks. One more thing were watching is the hong kong dollar. Now 15. 7 billion hong kong has been injected into the system there. Solid that pair and the renminbi with a six handle for the First Time Since march. The strength of the renminbi certainly helping the equity markets as well. And gold still holding. Some breaking news from sri lanka, the federal bank cutting its lending rate to 5. 5 . Its a big cut, a 100 basis point cut bigger than expected. Economy expanding at a pace of 3. 8 in 2021. Much bigger than anticipated. Lets dig deeper into the ofkets and bring in ahead forpacific thank you joining us. Lets talk about china. Its going gangbusters in the last seven da
The clerk en bloc number 6 consisting of amendments 7, ered 1, 2, 3, 4, 5, 6, and 8 printed in part g of house report number 116438, offered by mr. Graves of missouri. The speaker pro tempore the question is on the amendment en bloc. Members will record their votes by electronic device. [captioning made possible by the national captioning institute, inc. , in cooperation with the United States house of representatives. Any use of the closedcaptioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u. S. House of epresentatives. ] the speaker pro tempore for what purpose does the gentleman from virginia seek recognition . Mr. Beyer as the member designated by ms. Moore pursuant to House Resolution 965 i inform the house that ms. Moore will vote yea on the amendment en bloc number six. As the member designated mr. Lowenthal pursuant to House Resolution 965, i inform the house, mr. Lowenthal will vote neigh on the amendment en bloc numb
Sharing demand, david, and today grocery delivery. Yeah, thats what we will be talking to him about of course, was it their second choice is certainly a question we will want to explore and when will the company get to cash flow positive. Remember prior to the pandemic, carl, there had been some important promises made by uber in terms of when they were actually going to get to that point and then of course its all had to change as a result of what theyve seen in their core business which we also will talk about as well. As we take a look, mike, as a market that is going to at least open lower, although certainly unclear whether that will hold incredible momentum yesterday and some of these names, i mean, that we talk about so often, but just this morning, looking at the market caps of amazon at over 1. 5 trillion or tesla at 254 billion it really is quite something. It is, and those are the names, thats the area of the market called secular growth, you know, call it, you know, actuall
May including everything from Student Loans to car payments to mortgages, the number more than triple that of april its the latest sign Unemployment Benefits and stimulus checks arent enough to fully cover the expenses what happens to the consumer and the economy and the stock market its not good its something weve alluded to for a while. Go and look at wells fargos First Quarter they reported in the middle of april. They took a 14 billion loan loss provision which was up 413 year over year by the way, when they report i think in the middle of july, that number is probably going to go up again and further anecd e anecdotal proof that wells fargo is trading below tangible book value. The banks have been trying to tell the story, but the Broader Market has sort of been impervious to it until recently. Well see. Again, ill say i am not all that optimistic about where the consumer is 69 months from now. Clearly i hope im wrong but behind closed doors, a lot of companies are saying weve lea