Worldwide trade has been slashed. Postnba future, we will hear from lebron james. Feeling more risk as we head into the last trading session of the week for asia. Lasttrading flat after the halfhour of frenzied gains, s p 500 up 20 loss in the previous session. Nikkei futures at the moment looking flat. Dollaryen holding at 107. Gainingg dollar index with the exception of the kiwi and aussie dollar. It feels like we will see modest over in spite of concerns increased virus numbers, particularly in the u. S. And globally we are averaging 150,000 new cases per day. The underscores uncertainty. The senate in the u. S. Approving a bipartisan bill that would limit banks doing business with chinese officials involved in hong kong. Tom mackenzie is in beijing. It still has to be signed into law. Given unanimous consent, how likely is it this will be enacted . Tom very likely at this stage. It has bipartisan support in the house and it has been signed off in the senate. It will end up on trump
George floyd and of police brutality. This has built so many of us into the street to stand with our neighbors and communities of color. Entertainingly and systematically abused by the criminal justice system. The committee in the house as a whole, is committed to swiftly enacting profound reforms. To punish police misconduct. Holding Police Department accountable to oversight. In eliminating the financing of police militarization. We hope have more to say in the coming days. And as my friend set us we, my protest is my statement. Even as we prepare our legislative solution. The topic of todays is essential workers pretty since the onset of the coronavirus pandemic, and the United States, we are all acutely aware of the threats posed to ours health and safety. But we do not all face of the risk of the crisis equally. Grocery store workers, Food Processing employee, Public Transportation operators. Nurses and doctors and hospital support staff, nursing home employees, First Responders,
Brutality. This has built so many of us into the street to stand with our neighbors and communities of color. Entertainingly and systematically abused by the criminal justice system. The committee in the house as a whole, is committed to swiftly enacting profound reforms. To punish police misconduct. Holding Police Department accountable to oversight. In eliminating the financing of police militarization. We hope have more to say in the coming days. And as my friend set us we, my protest is my statement. Even as we prepare our legislative solution. The topic of todays is essential workers pretty since the onset of the coronavirus pandemic, and the United States, we are all acutely aware of the threats posed to ours health and safety. But we do not all face of the risk of the crisis equally. Grocery store workers, Food Processing employee, Public Transportation operators. Nurses and doctors and hospital support staff, nursing home employees, First Responders, janitors, mail carriers, de
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
250point loss for the dow the Chinese Government makes the rare decision to drop its growth target for the year as primier says they are facing great uncertainty. Into remote will remain for facebook around 50 of the employees will work from home in the coming years but warn those working outside of Silicon Valley may have to take pay cuts. A warm welcome to street signs. Lets get into our top story of the day. Hong kongs government will fully comply with the governments decision. The administration has rejected decisions the new laws will impact the rights and freedoms currently enjoyed by the hong kong people. Opposition lawmakers were removed forcibly a lot of escalations and tensions not only between Mainland China and hong kong but questions about what this means for relations between the west and beijing. Lets look at the Hong Kong Market hang seng index down on the back of this news eyeing the National Peoples congress the move has taken some by surprise the fact that they are p