In the newsroom, Edward Lawrence is in washington and Ashley Webster is there as well. Well start with blake, who has the latest from the administration on china. Blake. Reporter melissa, connell, youre right. Just a little bit of cleanup from the white house last night after Peter Navarro made some comments suggesting that maybe the trade deal with china was off as navarro said at one point, its over. That forced the president to take to twitter to say, no, the deal with china is fully intact and larry kudlow in speaking with Stuart Varney earlier this morning said that the deal is being implemented just like they want. Ive been to several meet national the oval with bob and Steve Mnuchin and the president and others. You know that has been our view. They have actually picked up their game. It is not just commodity buying although that is picking up too. Some of the structural issues like i. P. Theft. Reporter got some live video now. I believe what youre looking at President Trump in
Needed systemic change against racism today. Thank you. Thank you. You have zero questions remaining. We can continue, kate. Item number three, report by Treasure Island director. Director, chair tsen, robert beck. Covid19 continues to impact the lives of residents and commercial ten xhants and provide commercial tenants with the most pertinent information. Housing providers are following the Mayors Office and moratorium guidance in cases where residents have been unable to pay rent and title will be sending Additional Guidance to all commercial lease olders this week. The Health Officers shelter in place remains in effect and government is planning for reopening of activities and the department, office, and facility and health and safety plans prior to reopening. The reopening will not look the same as things did in january or february. We are as part of this effort, were exploring what services we can put online. And continued to be deployed to the gratest extent possible and factore
Up a new coronavirus outbreak in berlin the whole of pop and block is quarantine authorities blame krantz Living Conditions and people who are now too laid back about the pandemic. And as the bonus league is 2nd place club dortmund squares off again slowly minds one team appears to one fig tree more than the other tell you which take one hint it wasnt dortmund. Im tired read welcome to the shard india and china blaming each other for a Deadly Border clash between their forces while pledging to deescalate the standoff india says 20 of its troops were killed in hand to hand combat along a disputed part of the border in the himalayan mountains china has refused to confirm if any of its troops were killed but its demanded a full investigation indian Prime Minister Narendra Modi has warned that his country will respond if provoked. That was an indian protest to smash its chinese made friends angry anti china demonstrations broke out across india after the worst border clash in over 40 years
And social change and the impact of racism and economic growth. Its monday, june 15th and youre watching Worldwide Exchange right here on cnbc. Well, good morning, good afternoon, or good evening and welcome from anywhere in the world that you might be watching thank you for starting your week with us here on cnbc if your just joining us or waking up you might want to grab another cup of coffee. Dow futures are off their lows but theyre down 630 points right now. A couple of hours ago, dow futures were down 1,000 points all the indexes indicating a loss at the open again, a 2 drop right at the open now well see how that plays out certainly a lot of red on your screen right now lets move on. Dow futures again down 535 lets also check the etf that tracks the major averages because that is subject to different moves in the futures overall. Right now it looks about the same but we got in earlier and it looked like the possibility of limit down in the futures you want to look at those etf a
Today in some of the comments out of retailers like burlington, anf, dollar tree, and Dollar General yes, if you look at the Dollar General, the numbers are just extraordinary i actually have never seen a Comp Store Sales number this good 21 versus 7 estimate. Dollar tree is going to be the one, david knows this well, people look like, you know what, now the dollar tree Family Dollar merger which had been so on the rocks, the judgment is its working and that stock could power much higher. Dollar tree. The opening trade is sapping the money out of tech. I dont know how much longer it can last thats such a great book in gary because he knows so much about what people are spending theyre essential because they have food, and i look at this market and i think how long with the dow up 4 can we actually say, hey, the reopening trade is just starting . Its already maybe too far too fast its very hard to figure, particularly because faang is being distorted by the president s tweets, facebook