Lets get your headlines for you. Beijing cansles flights and orders schools to close as chinese cases of the coronavirus rise. Infections. New jay powell said the fed will use all tools to defend the economy. Robert caplain said healthcare policies are key to recovery. Indias defense stocks gain after the first deadly clash with china. The first clash resulting in death between the two countries in 45 years. Now we have e. U. Car sales coming out and the drop is substantial as you may expect. 57 is the european car sales drop in may. This comes after the much bigger plunge of 78 in april. Car sales falling by more than half. 57 in may after the 78 plunge in april. Of course that is not unexpected considering the fact that most of the month at least Car Dealerships were closed in many countries in the European Union. Just under an hour away from the start of cash equity trading in europe. Lets take a look at futures this morning. As we said, a little bit of a pause in the risk rally. Ts
Throughout the show. Take a look at tesla up 6 premarket, its going to bust through another alltime high at the open, look at that up to 1277, also a story about red sucking shorts, thats what you call a tease, we will explain, also President Trump tweeting about the markets moments ago saying if you want your 401k and stocks which are getting close to an alltime high, nasdaq already there to disappear, vote for the radical left, donothing democrats and corrupt joe biden, massive tax hikes will make you very poor fast. That is the president tweeting this morning. Speaking of the election, we are for mental weight and joe biden says hes going to transform nation. What does he mean by that, youll guess pretty good as good as ours, he gave no details. Also President Trump will be holding a rally once again this time in New Hampshire this coming saturday and this time it is outdoors, the Trump Campaign is coming up on that shortly and as always a big three hours ahead im Ashley Webster Int
Dow indicated up by about 200 points, s p up by about 20 and nasdaq up by about 59. The dow closed above 26,000. S p was actually up about two points ant the nasdaq up about 32 treasury yields about where weve been 10year around 0. 7 . This morning, it is at 0. 715 overnight, twitter adding a warning to a post by President Trump. The tweet is a video of two toddlers running down the side walk that had been altered that said racist baby probably a trump voter. Twitter tagging that as manipulated media with a link that the original was cnbc story about a friendship between two toddlers the continued battle between social media and some of the social Media Companies and President Trump. Facebook removing Trump Campaign ads that used a banned hate group symbol to identify context. It issued a red triangle symbol used by nazis. The campaign used that symbol as it denounced antifa, a group of protesters the president has blamed for vandalism during the protests a lot of back and forth in ter
Aggressively moved to contain the outbreak. We are fighting to support and to save our Small Businesses in San Francisco, and im so grateful that we at least can do this and there is definitely more that i want to do. Reporter the mayor ordered garlic noodles with shrimp. The outdoor tables must be six feet apart. Customers are given plastic utensils and offering Hand Sanitizer will be a part of daily practice. Despite todays encouraging news, breed could not ignore the fact that covid cases have been inching up in San Francisco and other bay area counties. Weve still got to be careful. Well be living with covid for a while but we cant continue to allow our county to be closed. Reporter restaurant were supposed to open for Outdoor Dining on monday but breed surprised everyone by moving the date up. It was a scramble. There have been a couple of sleepless nights. Your brain is running around all over the place trying to get ready. Reporter this customer was ready to order takeout from s
Bit. A large people are protesting the death of george floyd in san jose and mayor sam accardo is at the protest and at one point took a need to show solidarity with the demonstrators and he encouraged police on the scene to also take a knee. A curfew will go into effect at 8 30 tonight until 5 am for the next seven days. Several bay area cities have been damaged by looters, people broke windows and still things, everything from televisions to video games. Reporter with pressure watches and brooms, emeryville spent the last day of may bay street mall cruise boarded of businesses with shattered windows in front of a best buy with strong boxes while the nearby target was wrapped in plywood. When shopper surprised to discover damage at another store. I figured okay, they are just cleaning up the glass. So i came here not knowing theyve broken into the emeryville one. It is kind of sad. The damage comes after a second night of violence at the bay area. Saturday night city officials said th