The session, sara. Come back after two down weeks. Coming up on the show, tech investor Roger Macnamee is with us and gold strengthens, the dollar weakens and home body stocks outperform well break down the trades and themes in a few minutes with David Rosenberg. Lets focus on the key stories mike santoli watching the bounce back rally meg tirrell as the president participates in a Coronavirus Briefing and the other big Market Driver this afternoon, the stimulus negotiations in washington new details expected this afternoon. First to you, mike yeah. Sara market really is a bounce in large tech stocks that is carrying the s p 500 to the high end of the recent range. Pretty well mixed market under the surface. Those big nasdaq themes carrying we spend most of the day, interestingly enough, almost exactly at those early june eyes we were looking at for a while not sure there is any particular reason we have to sit there. 3232 is that level basically that, is where this nasdaq rally has ta
The plug on an interview that wildly claims dr anthony was responsible for the nations coded 19 outbreak were going to discuss all that and more coming up all right its time to boost your news i. Have the latest oh good 1000 numbers worldwide cases almost at 16300000 with about 650000 reported deaths the top 3 countries with the most cases the u. S. Still leading the way followed down by brazil and india right here in this country the u. S. Cases topping 4200000 with about 147000 reported deaths so as cases continue to search president Trumps National security adviser Robert Obrien has now tested positive for the virus the white house saying there is no risk of exposure to the president or Vice President mike pence argues john hardy is joining us from miami for more on how the president is responding to this outbreak. President trump is actually scheduled to tour a facility where theyre working on a vaccine for cobra 19 its called the bio press a process Innovation Center at fujifilm d
Defending us on his partner telling morris all right its time to leave i q. And over to the latest poll the 19 numbers worldwide cases topping 16300000 now with 650000 reported deaths the top 3 countries with the most confirmed cases the u. S. Still leading the way followed again by brazil and india right here in the states cases topping 4200000 with 147000 reported deaths so as cases continue to surge President Trumps own National Security adviser Robert Obrien has also tested positive for the virus white house saying theres no risk of exposure to the president or Vice President my pants are to use john heidi joins us now from miami with the latest there john. Well president. Which wrapped up his tour of the bio process and evasion center at the fujifilm daioh synth biotechnologies and morrisville North Carolina as the news was coming out also about his National Security adviser the president wrapping up that tour earlier this afternoon while also manila making a major announcement ab
Ol boost here. That is propelling the entire market. Gold is having another good day. In case youre counting it is not good for gold bugs, what bugs we dont keep track of what gold is doing, whether stocks are up or down gold has inexorable advance up 2 . In case youre counting, that is up 33 on the year. That is dwarfing any other particular investment. I would include in that batch all the major market averages and what is happening with bonds. Gold has glitter that defies almost all the traditional trajectories you see. Lets get a read from Jackie Deangelis following the fastmoving market developments. What is going on here . Reporter good afternoon, neil. Lets start with disney stock that is propelling the stock is higher. It is up by 325 points. There were mixed earnings reports, but what wall street is focusing on is disney plus and subscriber numbers. 100 million streaming subscriber numbers. 65 million are paid. Put it in context, disney set a goal of 60 to 90 million subscribe
It started it. It essentially was the industry which was unpacking the biology of cells and understanding how those biology cells could be used to make new medicines, a little different from what pharma was an pharma in the past was essentially trying out medicines on animals and seeing if they work and then put them into a human being a Clinical Trial process once we understood how the genes work, once we knew how to manipulate those jeans, a whole new ability to transform what we knew about cells into medicines came into being. This was areal revolution , and about in the 70s and walked through to the 80s and then now today there are approximately a couple thousand companies, about 700 of whom are members of bio, many are private. They are now much smaller industries in the europe and in asia and actually, these Small Companies although they are tiny and they represent no more than any one of the Big Companies in terms of numbers, theyre generating about 70 70 percent of all the medi