Secretary of state well get insight into who these people are, more importantly, what they mean for you, and the country. And of course, theres more than one way to takeaway your guns. Just make them too expensive to own and to use. The biden gun tax well get reaction from liz peek on that and so much more on making money. Well so the markets open higher and a could am but nation of factors right theres of course more good news on a vaccine front from astrazeneca they received emergency approval and then the start of trading the u. S. Services pmi came in well ahead of consensus and really encouraging highlights the steepest expansion output since march of 2015 the fastest new increase in order since september of 2018 the strongest job growth since Data Collected in the series going back to october of 2009 and the strongest Business Optimism since may of 2014 and take a lack at this chart, ladies and gentlemen. It is called a super v and its all good stuff and then we might add the upt
Good morning, everybody. It is so good to have you with us the rush to find a Coronavirus Vaccine is growing more urgent as states push ahead with plans to reopen heres when a you need to know about at this hour cov covid19 has claimed lives california, texas and kansas are among five states where cases have increased by at least 10 over the last few days the number of recurrovered patit is closed to 90,000. Then on saturday, golf courses and Car Dealerships can open in new orleans with safeguards but starting monday masks will be required at the airport. California is getting a huge refund from china. The state reached a nearlyo rec 200 Million Masks per month from china. 247 million is being refunded after the company failed to meet a certification deadline at the end of april gap is taking steps to get back to business the company says it is preparing to reopen 800 stores by the end of the month and its National Nurses week. Mark wahlberg showed his appreciation by delivering 600 me
Here it is, word for word, quote, trump says china may or may not keep the trade deal, end quote. That sent stocks into the close. Check out the move on the nasdaq, for instance it was up big for most of the day and the sharp slide in the final moments of trade ditto for the s p 500. So guy adami, is china back in play here . Is this the next big risk factor for the markets . Yes, and before i get into great detail, i have to wish tim seymour, as he power pitches today, a very happy birthday just wanted to get that out. Happy birthday, tim seymour what was that very kind thank you. Yeah. I absolutely think this is a big deal and we started talking about it last week, and not in terms of their trade deal or where theyre going to keep their end of the bargain and in terms of some of the rhetoric coming out of the Trump Administration what im commenting is the rhetoric seems to be getting louder and in no way, shape or form is that market bullish especially given the fact that the markets
Not a surprise if you look to see whats happening with the shutdown of the economy, the forced shutdown because of coronavirus. Taking a look at the tenyear this morning, it looks like that is yielding about 0. 735 at least on the last time i looked at the boards it was. And then wti is the other big story today. Joe also mentioned opec plus deal it was an historic one opec and other nations agreeing to cut Global Oil Production by onetenth. Well talk about this in a few minutes. Wti is up by 1. 5 to 23. 11 a barrel. We have a huge lineup of squawk newsmakers including Mohamed El Erian, Richard Preston and dr. Scott gottlieb starting in a few minutes. Andrew thanks, becky hope everybody had a great weekend. Lets bring everybody an update on the pandemic. Of course, the number of confirmed cases in the United States now more than 557,000 and the death toll is more than 22,000 there are 190,000 cases in new york state with more than 9300 deaths that means new york alone has reported more
I am excited to be in the energy and Commerce Committee. It is at the forefront of americas competitiveness. That issues in front of the energy and Commerce Committee are going to determine americas leadership in the world. It is my goal to make sure we climate,ng on driverless cars, closing the digital divide. They can sure america is leading and the rest of the world is following. Peter one of the issues before your subcommittee right now is privacy. What do you want to have done . It is very Important Congress act. That we set a National Standard for privacy in the u. S. What is happening is we are seeing a patchwork of laws. California has led with the law that is going into effect right now. Other states are introducing their own laws. Washington state has introduced legislation. There are 80 bills being introduced at the state level addressing privacy because acting. Is not we need to have a standard or else we risk a patchwork of laws that are only going to cause confusion for c