Note investors, of course, closely monitoring the condition of the president and also keeping a close eye on any progress and stimulus talks we are, as well. Not to mention there is fallout, as well, regarding covid shares of cina world tumbling. The second largest movie chain Regal Cinemas suspending operations at all locations, carl jim, the headline still crossing from meadows talking to fox earlier today saying the president is committed to getting an aid bill done wants to move expeditiously but also be fiscally responsible thats certainly where the markets focus is going to be o today. The fact that the president wants to give state aid, that matters. Speaker pelosi wants to do a deal some urgency coming to it. So, the talks this morning i bet will be productive and i think thats very exciting for the market does it matter to you if its piece meal a little bit for airlines or Something Else or do you still crave something comprehensive is. As long as theres something for states,
Down nine basis points. Europe is jumpy holding onto positive territory. Who knows . Brexit conversations throughout this week. Coming up later in the hour, we are going to speak to gregory poland of the mayo clinic to get his perspective on the latest vaccine trial results from astrazeneca and pfizer. What does it actually mean for the market . Eu leaders are reconvening about premuch now for stimulus negotiations in brussels. The goal to seal the deal signaled that they are ready to agree on 390 billion euros of funding be made available. German chancellor Angela Merkel sounded optimistic earlier. Night, wealks last worked out a framework for possible agreement. Perhaps today an agreement will be made. Is underground for us. You have been covering this from the beginning. We understand there is a lower provision for grant and loan guarantees. Are they going to have people checking . Is there going to be an Advisory Board . What i would say is the mood has changed over the past hour.
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
Silicon valley tGlobal Health cares when nasdaq leading the way while the dow gains 83 points, s p up 6. 7 were here to cheer the most Economic System in history. Capitalism is taking the lumps like since the Great Depression and some is selfinflicted we have real problems with income inequality like the money that boeing was to pay dennis mulingberger can the new ceo change the companys trajectory or a Corporate Culture that seems to have gotten rotten and the ugly emails and it appears engineers deceived the federal regulators about the need for more Pilot Training to handle the maps but they did need training to handle the systems as the company made clear last week. Boeing is not putting capitalism best foot forward here undeniably so. Lets not throw the baby out with the bath water. And that stems from the everything i see happening here in San Francisco now we have a real windfall here this week jp morgan is hosting the Largest Health care con presence of the year and well explor
Wall street is set to join that Global Equity selloff at the open plus, th juan falling to a more than ten year low versus the dollar China Central bank denying it is devaluing its currency shares of apple, theyre down, like everything else, or more, ahead of the opening bell. Which trumps tariff threats could mean for that technology giant. And potentially for the costs of the iphone we start, though, with the Broader Market stocks under pressure around the globe as u. S. China trade tensions escalate. Chinas yuan, which has now breached the 7 level for First Time Since 2008 is certainly a focus this morning in response to that move, the president tweeted this morning, quote, china trdropped the pric of their currency, called currency manipulation, are you listening Federal Reserve, this is a major violation which will greatly weaken china over time so, jim, were back in the concerns about china, of course, this following the decision last week by the president to put 10 tariffs on th