Hope you can join us for that. Less than an hour away. You might have heard there were a couple of Crucial Supreme Court decisions today and they did affect the mood at corner of wall and broad. When we to the news that the supremes are you know what, mr. President . , you will have to hand over your financial records to a group sympathetic with a grand jury looking into the president s business dealings for years. Now they also balanced that out by saying so far you dont have to hand them over to congress. But you know how this goes. The fears this gets out to hurt the president. Politically doesnt matter where you come from as much as money they were making on the president and whether those days could be numbered. They are weighing down on stocks. They are down 400 points. The losses picked up measureably on news this decision. Edward lawrence own why that might be and what this decision, these decisions i should say could mean Going Forward. Edward . Reporter a win and a loss as yo
Return especially in texas is a factor. Now look at this. Five stocks at or near record levels. Apple, microsoft, google, facebook. What you are looking at is premarket prices. I see apple and amazon up again. Not much of a selloff in the other three. Facebo facebook, google and microsoft, after yesterdays stellar performance. Put together, these five make up 22 of the s p 500. Now, that is dominance. The news from the street this morning. It is not good. In atlanta, armed men took over a small area and refused to let the police in. In wisconsin, a state senator beaten when he took a photo of demonstrators. In our Nations Capital, the flag burned by a cheering mob. Varney company is about to begin. Stuart a political bombshell is unfolding. Longtime democrat congressman of new york, elliot engel, is fighting for his political life. The 16term incumbent is trailing by double digits against a progressive. He received the full support of congresswoman alexandria ocasiocortez. Engel was su
Quarter. We are down 1. 4 on the s p. Weve got a big show coming your way well speak with the ceo of hologic which says its new coronavirus test could help increase the countrys Testing Capacity and a massive afternoon of earnings. Apple, amazon, gilead, visa and whirlpool. And an exclusive interviiew when i will pools ceo. Michael tracking the market on this final day of the month. Courtney has a strategy update for macys and julia is watching big moves for media stocks mike, start us off with the market down day, but big up month and a big five or six weeks since the market low take a look at the s p this is a twoyear this was a 35 drop on intraday basis. To yesterdays high, it was a 35 rally off that lower level so very sink niehaus in that way. I also point out that right around here, 3005, people are talking about how its gained more than 60 of the overall point losses that has some significance its kind of a may period. Seasonals get weaker and yesterday was kind of a big headlin
Simonetti is watching the markets and Hillary Vaughn is on capitol hill. Lets kick it off with hillary. Reporter melissa, Bernie Sanders is out of the 2020 race but he is not off the ballot and he is still has his eye on the Democratic National convention this summer. I will stay on the ballot in all remaining states, continue to gather delegates. While Vice President biden will be the nominee, we must continue working to assemble as many delegates as possible at the Democratic Convention where we will be able to exert significant influence over the party platform. Reporter former Vice President joe biden is now the presumptive nominee for the democratic party. Biden often attacked sanders for his calls for a Political Revolution but now today biden is thanking sanders for being the leader of a movement saying this, quote, while the Sanders Campaign has been suspended, it is impact on this election and elections to come is far from over. Well address the existential crisis of climate c
Han opens its doors again weeks of lockdown and now over in the chinese city which 1st reported the corner Virus Outbreak and. A corner Virus Testing center torn apart in ivory coast protesters say it was too close to their homes putting them at tyrus school. Thank you very much for joining us the u. S. President has criticised the World Health Organization for its handling of the coronavirus pandemic donald trump has accused of being china centric and has stretton to cut funding attack on the w. H. O. Claim as the us recorded nearly 2000 cold 1000 named deaths in just the last 24 hours according to the John Hopkins University track and more than 4000 people have now died in new york city alone. That is the largest single day increase. And we talk about numbers but that 731 people who we lost behind every one of those numbers is an individual its a family mothers and fathers the sisters a brother so a lot of pain. Again today for many new yorkers and there are no thoughts and prayers a