Rank and file. And retail rebound lun lunacy you are watching Worldwide Exchange on june 10 here on cnbc good morning, good afternoon, good evening from wherever in the world you may be watching us here is how your money and Global Markets may be setting up the money and the rally could be setting up thedown coming off the first down day in six. The longest win streak since september. Not about the dow. It is about technology the nasdaq crossing 10,000 for the first time ever. That index on track for the 19th record close of the year most of those occurred before the pandemic or the lockdowns could be a 20th record high. You could call it a stayathome trade or a tina trade. There is no alternative to technology amazon, facebook, apple, microsoft. Doing the same strategy they did prelockdown. Awaiting fed chairs next move out with the latest policy decision at 2 00 p. M. Eastern time today sara bloom raskin told us there is still a lot for powell to consider the economy is not an on off
Mornings with maria with top newsmakers of the day. Watch. Maria they seem to have used this pandemic as an opportunity to gain more ground while the rest of the world was dealing with the pandemic. Yes. Well, first of all, in the initial stages of the epidemic, they then started this mass diplomacy to try to get goodwill. Maria i know you are still believing that this vrebound is still intact. What are your expectations for the second half of the year, nancy . After a 25 drop the in the Second Quarter, i think by the Third Quarter you are already seeing signs that growth is rebounding sharply. Maria you have to to study chinese culture, and thats why theyre in these camps. I dont know if you heard the phrase that secretary of state mike pompeo uses, he calls the stain of the century. Maria should i be more worried about being with people if they have the antibodies . No, no. We dont have any evidence that individuals who have recovered from covid are any type of risk to other individu
Its been an unstoppable run for this stock up more than 160 from its lows in late march. One analyst think its got even more fuel in the tank. He will joins as power lunch starts right now the dow is higher for the sixth day in the row thats pacing for the longest winning streak since september lets get to bob for more on the markets. We are sitting at session highs. A little pop about an hour ago that was declared we had entered a recession in february. Let me show you because once again its the reopening story thats moving the tstocks laggig two weeks ago had been leadership groups. Tech is under performing its very interesting how its underperforming. Its not like they are selling them the volume is light in this sector its not a lot of buying interest the same with megacaps you know about the megacap leadership apple is at a new high this is another interesting group. Visa and mastercard have been monsters they have showing some lack of interest today a bit of rotation as we go int
Hall of justice tonight. Reporter the california Highway Patrol says 29 people were arrested. Organizers say they are trying to continue focus on their cause. At San Franciscos hall of justice, some of the demonstrators who were arrested and released wait for their colleagues. Black lives matter is more than just police brutality. Were being murdered in every single aspect. Were not given opportunities to succeed. I have a young son. I have three vocal daughters. I do not want them to have a knee on their neck. Reporter the threehour long protest and removal by officers meant people were caught in traffic. Among them, nbc Bay Area Special project producer. People were talking to each other through the cars because no one knew what was going on at that point. We were just literally all parked on the bay bridge. So it was a nice day to be on the bay bridge. Reporter efforts to disrupt traffic had been a recurring goal for demonstrators. The bay bridge is an especially dangerous spot beca
Reporter the california Highway Patrol says 29 people were arrested. Organizers say they are trying to continue focus on their demonstrators who were arrested and released wait for their colleagues. Black lives matter is more than just police brutality. Were being murdered in every single aspect. Were not given opportunities to succeed. I have a young son. I have three vocal daughters. I do not want them to have a knee on their neck. Reporter the threehour long protest and removal by officers meant people were caught in traffic. Among them, nbc Bay Area Special project producer. People were talking to each other through the cars because no one knew what was going on at that point. We were just literally all parked on the bay bridge. So it was a nice day to be on the bay bridge. Reporter efforts to disrupt traffic had been a recurring goal for demonstrators. The bay bridge is an especially dangerous spot because its suspended 100 feet over the bay and the western span isnt built for ped