Losers. As york city has a curfew they are poised to reopen after months of flock down due to the covid19 pandemic. Meantime, the markets ending the day up, somehow disconnected from all of this chaos. I want to bring in our markets reporter, abigail doolittle. On top of this, u. S. China tensions flaring up. Why do investors seem unconcerned . It is puzzling, especially with the degree of unrest in the u. S. It kind of is offensive in a way that you see stocks climbing higher. Today, almost a giddy feeling to the session. That kindhat you have of trading action, it does not seem to make sense but, again, it tells you that investors are looking past these unfortunate, sad, surreal events and making the assessment that it is unlikely to affect the economy on a longerterm basis. We have Something Else going on beyond the weak dollar. We have had a move over the past few weeks into cyclical stocks, recovery stocks out of the stayathome stocks. Up top, the nasdaq 100 and index. Take a look
There was some faint on tow mission over traden which turn helped ease some of last weeks recession. Overall it did have a much different feel from what we experienced last week which had intense the dow was up 229 to close above. 26,0 nasdaq added 150, s p gained 34. Its only monday. Even though were in the dog days of summer, this will be anything but quiet. Bob pa san any stocks off in the new york stock exchange. We have had quite a rally over the last couple of days. The dow has moved up roughly 800 toints since thursdays bottom. Stocks bd precisely when the ten year treasury bottomed at 1. 47 . Yields came off their lows, so market. Stock that shouldnt be too surprising since stocks were movin in tandem with bond yields all month. It can be tied to savings, fears of a possible recession in 2020, a point president Donald Trumps advisors made overheweekend. High hopes for u. S. china relations are adding fuel to the rally after the white house decision to extend a reprieve given to
Issued an analytical report that believed it would cause and lead to violence. And likely death i based my conclusion on all of that. What i argued was the information. Schieffer so far so good. Obviously you and i both hope that that doesnt happen. Sure. Schieffer the question that i have, these tactics have already been banned by the president. Why did the senate decide it was necessary to put this report out, do you think . You know, thats a great question. I dont know. When you look at what the risks were, remember we had the department of justice found no criminal wrongdoing, fact that we had already debated this publicly in congress and talked about what we werent going to do what our values were when it came to interrogation, passed law that we use army field manual. Why now, for what purpose. We cant do it its against the law to do these things. I dont know. I wish i knew the answer to the question. What i do know is that the risk is ongoing and very real and it will take time,
Schieffer well hear from all sides including senator john mccain who was tortured while prisoner in vietnam. Republican senator Saxby Chambliss says endangers american lives, independent senator angus king who supports its release and House Intelligence Committee mike rogers on the reports long term impact. And as always, analysis from an allstar panel. 60 years of news because this is face the nation. Captioning sponsored by cbs good morning, reading the cia report and its details of waterboarding and even more ghastly practices was not for the timid or feint of heart. And republican senator john mcdatabase who was a prisoner of war for five and half years in vietnam brings a unique perspective also author of new book 13 soldiers personal history of americans at war. Senator, welcome to the broadcast. Let me just begin by asking you the question that troubles me the most about this, highway is it that reasonable people so many reasonable people could come to such opposite conclusions
I thought what is this . This is not how it was supposed to turn out. Are. Im lester holt and this is dateline. Heres Keith Morrison with trapped. Reporter the road is a snake as it winds away from the coast up through the golden hills. Past the celebrated vineyards and into the central valley. Highway 101. Who among us knows where fate lies waiting . Or why beneath the bridge just south of a town called buellton the concrete is stained a permanent black. People have a sense that it could have been them. Reporter yes, it certainly could have been. But this time it came barrelling out of nowhere for this mother and her little girls. By the end it was changed by the awful thing that remains here. We have two here that cant breathe. Reporter the date was january 12th, 2012. Kelly groefs was taking her two little girls on a special weekend trip. Her newborn milo and her fourth grader sage. Sage the soccer star. Sage the dancer. She borrowed her sisters bmw. Felt safer somehow, more reliabl