Weve given all of that back and then some. Yesterday, the market was down by 1,861 a decline of 2,443 points. All of that over the previous sessions we had given back futures are up by 626. Normally, thats the type of move that would make you sit up and say wow s p indicated up 69 points nasdaq up 192. Treasury yields have been moving all over the place as well we did see the 10year on monday up 0. 9 . Higher than that this morning, up 0. 2 on trading yesterday. Accelerated on the day everybody was on tender hooks to watch what would be happening here are some highlights of what is on tap car line, former citigroup ceo, former white house chief of staff, founder and chairman of Interactive Brokers joining us there. A lot going on there todays top story, uk gdp following 20. 4 in april the largest monthly fall on record as the pandemic lockdowns have battered the economy. Londons ftse down more than 18 , thats just year to date. Has liesman heard yesterday, the annual kansas fed symposi
A new government with his main challenger meantime israelis take to the streets in protest were going to discuss that all right sit tight as im a booster news i. Q. The coronavirus pandemic continues to unfold worldwide there are now 3700000 cases 264000 deaths now here in the u. S. Alone still leading the way with 1200000 cases and 73000 deaths and in the in the virus stricken state of new york officials are now reporting an unexpected spike in their death toll reaching nearly 1000 just in a day now totaling more than 25000 in that state alone and there is also a Mysterious Illness found in children who have tested positive for cold at 19 that leaves doctors scrambling for an answer for more on this we turn our tease trinity charges from new york. Today an urgent new warning about kids and coated 19 dozens of children falling ill across the country from a rare illness officials are calling pediatric multisystem inflammatory syndrome new York State Department of health confirming at le
Tensions between the United States and china are on the rise creating concern that it could be the start of a new cold war and many likely eliminate progress on a trade deal the archies Rachel Blevins joins me now to discuss all of these details so rachel we can only imagine this escalation has been fueled by the global covert 19 pandemic and the origins of it all right that is exactly right and you know right now in the United States and china were supposed to be in the process of finalizing phase 2 of this massive trade deal but instead President Trump is questioning whether china is fulfilling the agreements it made on phase one and so because of this hes saying that he is now planning to Start Talking to farmers to question whether those agreements are being fulfilled and as a result of that he could decide to terminate the deal altogether and that could mean more tariffs on china now trump of course was asked about this and heres what he had to say about whether or not china is fu
Cancer well discuss that all right said its time to boost your news i. Q. Tensions between the United States and china are on the rise creating concern that it could be the start of a new cold war and may likely eliminate progress on a trade deal so to talk more about this Rachel Blevins joins me now to go to get into the details so rachel what is the current state of this trade deal where time right now in the United States and china were supposed to be finalizing phase 2 of a massive trade deal but instead President Trump is now questioning whether china is following through on the agreements made with phase one so because of this he says that hes planning to talk to farmers in the coming weeks and to decide whether to terminate that go altogether and that could mean war on china now trump was asked about this and asked about whether he thinks that china is following through with their end of the deal take a listen to what he said. Do hopefully theyre going to keep the deal well see
A corner of themselves right now because there are not only us is putting pressure on them but theyre also getting pressure from japan theyre getting pressure from australia and also europe right now so theyre looking to put out fires as quickly as possible around the globe the geo political forums are referring to i think one of the things that were looking at here i think the blame game around the covert narrative is going to continue it looks to be almost an election grandstanding opportunity with President Trump iran the curtain just looking to storm the election stage again so we think this is going to continue to be in the news but how harmful this really plays out for the markets really depends on how china responds right now things are pretty calm over in china right now the dollar yen the chinese equity seem to be taking this in stride looking at this towards more political bluster than anything else at this stage but if things do escalate if we get to the point where we pull