Created 4. 8 million jobs, and that is much stronger than expected almost every single sector improved, bringing the Unemployment Rate down to 11. 1 . Isnt that the kind of news that makes people want to buy pretty much anything . Then the rally did taper off near the end of the day. The dow only dwayne e gained 92. Those are big numbers, but we got spoiled, didnt we what do these numbers mean what reflects the state of the labor market in the middle of june how does it impact your money . First, you need to understand that were still nowhere near where we are before the pandemic struck we still have a lot of ground to make up. The economy was smoking hot. I, however, think its a legitimate comeback. Its a legitimate comeback and a comeback gives you more latitude to buy stocks that depend on a healthy economy, not just an unhealthy one. But these are before the latest outbreak thats forcing many stocks to go back into lockdown mode, so its a glimpse into a post covid future that we ha
Sea that makes it so that it 11000000000 barrels of oil. Take a look at this map who really owns what kind of says no it belongs to us india says no we claim that that belongs to us both of these countries have Nuclear Weapons capabilities there is reason for concern so thats why were going to drill down on this story for you today right here on the news with as where you know as we always like to say we do believe by golly its time to do news again. This is the best the one business show you can afford to man funfair montana. Washington coming up u. S. Unemployment claims are down for the 11th straight week but some are having trouble finding the good news in that nearly 46000000 unemployed and a new trade war may be brewing not with china but europe and well tell you what a possible to. Have a talk show today so lets go into it right it. For us on employment numbers are in and the latest figures from the Labor Department reported 1500000 more americans filed for unemployment last wee
Book of the former National Security advisor say the president sought xi jinpings help to win reelection. Futures takepean turned lower as coronavirus cases rise in china, brazil, and several american states. President trump escalates tension with beijing, signing a measure punishing officials for imprisoning more than one million muslims. Plus, the bank is expected to boost bond buys by 100 billion pounds today as investors watch for hints on curve control. The market still sees rates going negative in the u. K. Next year. We are just under an hour away from the start of cash trading across europe and in great britain. Lets take a look at the futures right now. Euro stocks futures down. Ftse futures off almost 0. 7 . U. S. Futures are almost down 0. 5 for the dow and the s p 500. Nasdaq futures doing a little bit better, but still in the red. Anna . Yes, lets show you what weve got on the gmm this morning. Reflecting on what has been happening through the asian session. A mildly negat
Mark for the week. Trading ate yuan 7. 1631. Not Much Movement but we will see what happens sunday night following whatever the president tells us today. 1. 11. Ust underneath vix trading at 29. Lets get a deeper dive in todays Market Action with kailey leinz. Be lower inay equities today but we are still positive on the week. It is a friday. That could change, depending on what we hear from President Trump. As it stands, the s p 500 is positive by 2 over the past five days. On the week, it is still the cyclical growth sensitive sectors that have been the best performers. Real estate, financials, industrials. Into cyclicals has wild up a bit, but the fact that they are the best performers underscores how sharp that rotation into the cheaper areas of the market was. Downtioned those beaten sectors are getting beaten down again today, true for apparel and retail stocks. Reported fourthquarter sales were down 40 , but that isnt in your concentric that is an idiosyncratic story. Pvh, ralph
That 10,000 mark and close there. The market picture is mixed, of course, as george floyd is laid to rest in houston. You are looking live inside the fountain of praise church as the Memorial Service continues. The death of the africanamerican man in Police Custody just over three weeks ago was the spark for protests on racial inequality and police brutality. Major corporations, you have seen this, we have told you about it, rushing to pledge support for the cause. Randall pinkette is not only the winner of season four of the apprentice but he founded and runs a company that actually leads corporations in a whole bunch of Government Agencies to overcome the racial divide. Hes here and he will tell you which companies are doing it right and what else has to be done to achieve true equality in the workplace. Forget carmageddon. Vroom is shooting straight up after its ipo today, up triple digit percentages. Wait until you see that. The ceo of the online used car dealership is here on whet