And robots in berlin its great to have you with us the true economic toll of the coronavirus outbreak is becoming ever clara a stream of g. D. P. Figures from across europe a show many economists that have been seeing years of growth are now deep into the red the euro zone as a whole is now officially in its deepest ever recession after 2 disastrous courses. Cash registers are humming again across europe iconic landmarks eerily quiet and spring are alive with people once more no one knows for sure how the pandemic will develop over the next few months but what is becoming clear is that the economic damage done in europe between april and june was of historic proportions that was the period when strict lockdowns brought large parts of the continents economy to a virtual standstill. The data for that period is now becoming available on the news its as bad as anything the e. U. Has ever seen it means the european economy has entered its deepest recession in postwar history spains economy
New jersey, connecticut. That really added to things. It is still going on. Governor andrew cuomo on the screen speaking live right now. At the beginning of this, they cade a joint announcement. People coming into the tristate area from certain highrisk states would be ordered to quarantine for 14 days, when investors heard that, the market went another leg lower. Well cover it from all angles, starting with Jackie Deangelis in the new york newsroom. Like i said, jackie, things were not going great to begin with andth just added to it, right . Reporter exactly right, connell. There are is a twopart story. There was fear in the market about being spike in coronavirus cases across the country in certain states. That added to tension for investors. Were seeing a spike going into the summer. That was not predicted. Theyre thinking about what could happen if there is a second wave. That is the push and pull weve been experiencing in the marketplace. New york, new jersey, connecticut governo
Were following all those headlines. And this. While democrats are moving forward without republicans to get americans covid relief aid, the white house is ramping up vaccine efforts. The new plan, send Vaccine Doses to community pharmacies. Its an allout push to get ahead of more fastmoving variants. But first, we begin on capitol hill. Lauren fox is tracking the republican rift between trump loyalists, longstanding conservatives. Lauren, where do we stand . You have two politicians fate at stake here. Marjorie taylor greene, but also liz cheneys leadership position. Thats exactly right, jim. Last night, we should note, Kevin Mccarthy, the minority leader in the House Of Representatives sat down for an hourslong meeting with Marjorie Taylor greene to talk about her future. We are told that the minority leader is still undecided about whether or not she will keep her post. But essentially we are learning from that meeting that Marjorie Taylor greene did not apologize for the past statem
Good morning and welcome to the show im dominic chu in today for Brian Sullivan lets get to the money and markets how theyre setting the day up solid gains. You can see here dow futures indicated higher by around 400 points a nice move there. The s p 500 up by 44 points and the nasdaq up by 150 turning now to whats happening with the bond market the yields moving higher currently at 69 basis points or 0. 69 . The two year note about. 16 and the 30 yearlong bond 1. 45 as well very strong from the starting position and you can see that now that translates to gains of less than 1. 8 on the ftse and typically its been one of the underperformers but you can see out in front today the u. K. Stock market not the 2 but also getting back some of the territory has been the german dax, 1. 5 you can see it suggesting a broadening out of this rally around coronavirus its up 6. 9 we had the resignation of the chairman and the ceo activists want job cuts. The unions had success against the Management
At 5 30 p. M. Eastern. Later in the week debate on the Police Reform bill introduced by South Carolina republic and senator tim scott. Now live to the senate floor on cspan2. Senate will come to order. The chaplain, dr. Black, will open the senate in prayer. The chaplain let us pray. Eternal spirit, the source of our joy, were grateful that you still speak to us. Continue to communicate with our lawmakers through the voice of conscience. Enable them to maintain a clear conscience before you and humanity. Continue to speak to them through the precepts in your sacred word, providing them with a lamp for their feet and a light for their path, as they navigate through this challenging season. Continue to speak to them through the unfolding of your powerful providence, Opening Doors you desire them to walk through and closing doors that lead them away from glorifying you. And lord, when you speak to our lawmakers, give them the wisdom to listen and obey. We pray in your gracious name. Amen.