Data and their stock sale this week but first, we are just getting the minutes from the last Federal Reserve meeting. It was a major one, consequential. Steve liesman digging through that release right now well give him some time to digest and dig, well hear from him in a minute. In the meantime, kelly, back to you. Tyler, thanks we are awaiting the headlines from the fed minutes stocks are in rally mode right now, as all 50 states have now eased lockdown restrictions in some way lets get over to bob pisani who has more on the markets for us bob . Im dying to hear more about what mr. Powell said in the fed minutes. Mr. Powell has been much more aggressive in talking about the need for more fiscal stimulus. Im sure that will come up in the minutes. Stay tuned for steve ive been talking about broadening in the markets. Were not far from the highs today, but what you want to see happening, the broadening, its happening again today. The banks are up, the transports are up were seeing moves
What happens after yesterdays big move the dow down yesterday by 2. 1 the dows worst performance going back to may 1. A lot of this was happening as we were getting comments not only from Stan Drunkenmiller and dave tepper talking about his concerns about this being the second most overvalued market he had ever seen. Comments from fed chairman jay powell all of those things adding up saying what do we need to worry about and where do we need to be concerned . Watching the treasury markets, you will see the yield for the 10year right around 0. 61 so that is with a little more pressure. Watching wti this morning, you will see that is up about 5 i think it is 2r5iding near session highs of 26 a barrel. Andrew thank you. Every day, we have a huge show another big one this morning what is on the lineup this morning. The ceo of verizon, New York Times, mohammad eleran to join us and eric schmidt who will be working with the governor of new york states and work places looking to him and that
Its think of it and i think we can say today. That we have the family 1st families if a pandemic the hind us. Shops can now be opened and of course but hunting restrictions. I think. We come to have a situation with the numbers infections which can show we have to virus reasonably under control i would say this is a Prime Minister decision. Also coming up tonight its it was the summer of 1905 construction cranes dominated the berlin skyline a city preparing to be a capital city once again it was then that the artist christo presented berlin a present not to be unwrapped it was astonishing to see that every fold and wrinkle he had painted was exactly what you could see in real life later. It was as though he could envision the whole thing. To our viewers on p. B. S. In the United States and all around the world welcome we begin the day with a decision to reopen the beer gardens and they promise to close them if the coronavirus returns today leaders of all 16 german states along with ger
Restrictions. We come to have a situation with the numbers infections which can show we have the virus reasonably under control i would say this is a balanced decision. Also coming up tonights it was the summer of 1995 construction cranes dominated the berlin skyline a city preparing to be a capital city once again it was then that the artist christo presented berlin a present not to be unwrapped it was astonishing to see that every fold and wrinkle he had painted was exactly what you could see in real life later. It was as though he could envision the whole thing. To our viewers on p. B. S. In the United States and all around the world welcome we begin the day with a decision to reopen the beer gardens and they promise to close them if the coronavirus returns today leaders of all 16 german states along with german chancellor Angela Merkel. Agreed on far reaching measures to put the economy back in business and to breathe life back into public spaces all stores will reopen this month a
Reasonably under control i would say this is abundant deficiency. Also coming up tonight its it was the summer of 1905 construction cranes dominated the berlin skyline a city preparing to be a capital city once again it was then that the artist christo presented berlin a present not to be unwrapped it was astonishing to see that every fold and wrinkle he had painted was exactly what you could see in real life later. It was as though he could envision the whole thing. To our viewers on p. B. S. In the United States and all around the world welcome we begin the day with a decision to reopen the beer gardens and a promise to close them if the coronavirus returns today leaders of all 16 german states along with german chancellor Angela Merkel agreed on far reaching measures to put the economy back in business. And to breathe life back into public spaces all stores will reopen this month along with restaurants including beer gardens just in time for the summer weather and after an unprecede