Much for joining us here tonight on kron 4 news at 10 im Justine Waltman im Jonathan Mccall those indoor businesses include Gyms Fitness Centers hair and nail salons and even hotels. Businesses that have not been able to operate in any type of normal capacity since march. Kron fours gayle ong shows us how one gym owner here in the city now getting ready to reopen. Indoor gyms have been closed since midmarch and businesses just got the green light to reopen on thursday, it was a quick turn, but owners are eager to get back to work with restrictions. Were starting from ground you starting a business all over fortunately we have a number of members to retain their but where really getting prepared to open postcovid Dean Erickson setup disinfectant sprays and sanitation stations throughout his boutique gym, a 5th bernal fit one of 2 locations in San Francisco zones are set up for social distancing a weekend filled with last minute deep cleaning so we are now scrambling to get 2 weeks of wo
Start of trading but nasdaq another record high uncharted territory there. But nasdaq now at 11,046 up 95 points and dow industrials up 164 and s p up 22. This on top of the rally in tech stocks helping to push nasdaq to yet another record close. Thes dow s p 500 also finishing the green, monday. Yesterday, as you can see the nasdaq up sharply two and a half percent on the sessions. The s p 500 is now positive for the year. Unrest in america violence is surging this morning across the country. President trump is warning that he will send federal agents to more cities to bring back law and order. At 8 30 a. M. Eastern Border Control commissioner mark morgan is here with more on rising crime and role federal agents can play to bring safety and security back to American Cities. And the china keeps up on pressure keeps up on china mike pompeo meeting with Boris Johnson today trying to get the u. K. To take a firmer stance on china. Meeting coming week after london banned Huawei Technology
Opening up like indonesia. It is broadly risk in in asia. Jakarta, a little slow at the get go. Singapore higher. Of 0. 7 . The china security journal says china may lower that mls. The hang seng up 150 points. The bondaction in markets overnight, especially when it comes to treasuries. Aelds in the twoyear fell to record low. Fund fed funds pricing in a negative policy rate. This is ahead of the u. S. Jobs. Bonds still up. Bit of ar taking a slump ahead of the jobs data as well. Crude, still below 30 a barrel. Set for a second week of gains for oil. Lets get more analysis. Patrick joins us. Always great to have you. It seems like we have risk coming back. Disconnect to be a to what equity markets are saying and the signal from bond markets in the prospect of some type of economic recovery. Which side is right . Actually you could overplay the disconnect. The dichotomy between markets. Right tohey are both some degree. Littles are probably a spare. It is not crazy to see some recovery
The highs now. You might imagine, schwab and Td Ameritrade looking to get together. That has both stocks higher and has e trade way down, almost 10 now. Guy lets talk about where we are hearing europe. European markets, we are seeing the pound a little bit stronger today, the we have seen a little but of a selling story coming through in the last halfhour. We are also looking at a stoxx 600 which is down by around their. 5 around 0. 5 . Bonds are selling off as well. Yields just a touch higher, but not by much. Earlier on, we were maybe two basis points to the upside, but as you can see, that has now narrowed to around one basis point. Trade is a big theme, so lets talk a little more about it. The u. S. China trade war weighing heavily on the minds of World Leaders and business leaders. Theyve been at the Bloomberg New Economy Forum taking place in beijing. Foothillsstill in the of a cold war. We should pursue common, comprehensive, and sustainable security, and reject zerosum game and
American troops from the region. Because next for you will be back. Bring you the latest global headlines from this morning. Max kaiser a welcome to the kaiser report its you know one of those shows where you need to get your airsickness bag or your vomit. Were about to talk about one of the worst cases of predatory banks toures defrauding and abusing the poor and sick that ive seen in a couple years you know weve introduced you to many instances of bankers preying on folks and but this is this is a this is really epic yes well 1st lets set the scene you and i have talked about the Health Care System here in america where america is essentially a hospital but a predatory hospital masquerading as a country so Something Like 19 percent of our g. D. P. Is hospital care is medical spend is so called health care one of the largest employers in the entire nation is the Health Industry mostly low you know paid sort of help staff and Health Care Facilities like cleaning cleaning the floors and