Carriers from entering the country in the mist of the covid19 pandemic. This as protests continue across the country after the death of an unarmed black man, george floyd at the hands of minneapolis police. Additional officers are being charged. The original charge has been upgraded to seconddegree murder for officer derek chauvin. Some cities are planning to relax their curfews tonight with the president suggesting that the military be deployed. It is still sparking. I want to bring in abigail doolittle. Our markets correspondent who has been following the ups and downs, mostly ups. I still dont get it. Record, assing a closing high. What are investors saying that the rest of america is not . It is extraordinary. Psychological level, it is hard to believe that we are seeing stocks climbed day after day. How does that happen when we have this sort of social unrest in the United States . A possible second wave of the virus. U. S. China trade tensions, it does not make sense. It tells yo
Sound. 7 to. Huge exam beethovens Pastoral Symphony is the foundation of an International Art project. To mark the 50th anniversary of the composers 1st beethoven worldwide. Through project storage june 4th on t. W. Joe kayser speaks out in an exclusive interview on b w news the head of germanys biggest Industrial Company shares his views on world trade the coronavirus and the protests rattling the United States also coming up the trade war goes airborne as the Trump Administration moves to block Chinese Airlines from flying to the. United states and the corona virus has shaken up the corporate world bring you the latest list of the worlds top 100. 00 companies. Im chris colfer and welcome to the program 1st off though after a marathon round of negotiations germanys Ruling Coalition parties have agreed a 130000000000 euro Economic Stimulus Program its one of the biggest rescue packages in the nations history to address the economic damage of the coronavirus pandemic the package include
Postvirus recovery. Banks leading the s p 500 to a three month high. Level since highest early march and hopes opecplus will eventually rebalance the market. However, divisions are showing among reducers. Producers. Shery lets get a check on how markets are trading. We are seeing some pressure from u. S. Futures, down slightly as we saw the extension of the rally on the s p 500 now at that three month high. Of course we had a report indicating that a recovery it was underway for global airlines. Led bowling higher boeing higher. As. Airline shares surging passenger flights are suspended from Chinese Airlines. 500 and now the 14 day rsi around 59, the highest since january. Optimism right now over and economic recovery. Take a look at what oil is doing. Wti under pressure. We have seen uncertainty over the opecplus deal. We got ape limit every deal to extend output by one month but there is still issues over cheating on output. Saudi arabia and russia drawing a hard line over compliance
Perhaps people will see the that these numbers and just the tremendous trauma that the black community in particular is facing in this moment. And perhaps that will make them take Racial Health disparities more seriously. Woodruff all that and more, on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. Fidelity investments. Consumer cellular. Financial Services Firm raymond james. Johnson johnson. Supporting social entrepreneurs and their solutions to the worlds most pressing problems skollfoundation. Org. The lemelson foundation. Committed to improving lives through invention, in the u. S. And developing countries. On the web at lemelson. Org. Supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions this program was made possible by the
Of the coronavirus, the slow sometimes bumpy reopenings across the country, to say nothing of the protest and a lot of people on wall street say hey you arent jiving with whats happening on main street and then low and behold we get this stunning jobs report that changes the equation and has people thinking that you know what . Maybe the markets have been right all along as they again tease record territory, virtual ly all of the s p 500 sectors are advancing right now, and the rate on a long bond here a 10 year note as is better known, man oh, man thats practically hyper inflation. Were just around 1 ,. 93 who would have thought a year ago if i were to give you a quote like that that id say it is rocket ing backwards, but it is, especially from where we were, not too many weeks ago remember we were darn near 0 they were talking about negative rates. Were not out of that mathematical woods here but it does change the overall sense of where were going with this market. Jackie deangelis