Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but based on what weve seen in recent history within range of 1 a
Thank you for joining me for covid19 and a responsible rx supply chain, a look at the prescription chain during a global pandemic. Id like to thank our sponsor the Health Distribution alliance for support of todays program. The pandemic has upended our lives and forced a new normal upon us. While accommodations can be made for our lifestyle choices theres little likability when it comes to our healthcare. When patients for chronic diseases have access to regular medication it isnt a choice and in some cases its amatter of life and death. Both the Healthcare System and patients have changed their behaviors. As a consequence concerns and fears have arisen surrounding drug availability and shortages. What are stakeholders doing to ensure disruptions do not occur and theres collaboration between the public and private sectors and what plans are being put in place for distribution of this corona vaccine once it becomesavailable . We discuss all of this with some of thesmartest minds in Heal
Did not say whether he has tested negative, but did clear him to resume campaign activities. The president tipped his distance from supporters, but others did not. Reporter President Trump had plenty to say to his supporters gathered on the white house lawn. We are starting very big with our rallies and with our everything, we cannot allow our country to become a socialist nation. We cannot let that happen. Reporter the speech marking the first time the president held an event since returning from Walter Reed Medical Center monday. The white house says the president s health continues to improve, officials have not yet sent if the president has tested negative for coronavirus. Ordination is going to defeat this terrible china virus. The vaccine is coming out very quickly in record time, it is coming out very soon. Reporter the president kept his distance from the crowd by speaking from a balcony, the crowd itself did not social distance, but most people were spotted wearing masks. Demo
Into his own hands uber road blocks and queue the countdown clock. Jobs numbers are expected this morning. Estimates are all over the map it is august 7 this is Worldwide Exchange here on cnbc we made it to friday good morning, good afternoon, good evening from wherever you are watching happy jobs friday as well. Looking at futures they are indicated lower down about 130 points. You can see the fair value slightly positive. Anything can happen. It was another big day for stocks on thursday another record close for the nasdaq the 32nd closing high. The nasdaq closing above 11,000 the First Time Ever is now up 62 from the march low if you are some genius who timed it go to sizler, if you can. Gold look at that another nominal record high. In 1980, gold hit about 1,800 an ounce. With inflation, technically higher then. The First Time Since the win streak in may up from 2006 gold is higher around the world different story. We have more in a moment the european markets are trading down not
Andrew ross sorkin with joe kernen becky is off again today a little in the red. The treasury yields and earnings that may have an impact on all of this. The 10year note, we are now below. 6 we are down to. 592 we can debate what that means for today. Discussing Market Recovery and earnings Kansas City Southern and United Airlines ceo and health and Human Services secretary you want to stay tuned to squauchl the nasdaq down pretty significantly. It was up two or three hundred. It was up and did you know and up and down. It was really crazy. You heard cramer talking about that it was truly crazy. Insanity. The didnt hold on to the big gains. I think it was down almost 300 when cooperating on that at the end of the day, well see. I heard it said, well, you gave him an out he could have been resting on his laurels by now saying i would at least nuance it so i could claim to have been right if we had extended here. Doesnt it feel extended here. If i were paulson. Fur trying to be right all