Features in the europe in europe and the u. S. Keep rising as the European Commission presents its Recovery Plan today. Jamie dimon places himself among the optimists who see a quick economic bounceback. Plus, stock deluge. More than 4 billion worth of equity offerings were announced just here in europe yesterday within 30 minutes of the closing bell. 2. 8llion dollars billion offering and is eager is the largest sofar this year. We are just under an hour away from the start of cash equity trading in europe and in the u. K. Lets take a look now at futures. We are seeing once again green arrows after the big rallies that we saw the last couple of days. It looks like the risk on mood is set to continue. Dax futures up 0. 4 . The dax index here in frankfurt closed up yesterday more than 100 points. It closed up on monday more than 300 points, bringing it to over 11,500. Take a look at u. S. Futures as well. We are also looking at gains in u. S. Futures right now after the u. S. Equity ind
Phase two trial of its vaccine candidate. Where do you want to begin beginning of june, theyre talking about phase three. I love the confidence. There was a time where if you did that, the fda would really call you out say basically, how dare you plan phase three . You have to get phase two done this is a sign once again that the level of fda meaning business is extraordinary. The time that it takes to do these things is being at a level that no one has ever seen. Remember, mumps, the longest to fruition, four years this thing is happening so rapidly, and theyre talking about scaling if its good so theres reasons for optimism. I know moderna i was the first to interview them these guys are scientists. All right, and theyre using Amazon Web Services to basically, if you want to look at like what a bank robber would do, you have to keep turning until you get the right combo. Thats what Amazon Web Services does for those so david will love this, an algorithmic play, and maybe thats the wa
Day from the field to the fork, to the grocers, to the meat processers, and thanks to the president s decision to use the defense production act we now have uniformity. The objective is work every day to keep those Meat Processing plants and ones coming down going back online. While were trying to keep workers safe an healthy. Weve done that. So with the testing, with the ppe, with the restructuring in the facilities theyre also doing a lot of that as well to social distance where they can, put in shields, look at lines to separate the shift. Partnership, really. Kim, we had great talk with owners of the plants, the top people, big people, big companies, actually. You wouldnt believe how many plants they have. I believe it was a very strong talk and i think they got the message. So within a week 1 2 we should be in great shape, maybe sooner. Another piece of it is, as the price for price of boxed beef is really skyrocketing. There is a huge price differential disparity. Farmers are hur
Flat for 2020 as tech continues to lead the gains. Financials and utilities amongst the worst performers today coming up on todays show, we will speak exclusively with sap ceo Christian Klein about his companys efforts to develop a coronavirus Contact Tracing app and what hes hearing from customers about the state of local business and the earnings reports will come fast and furiously this afternoon highlighted by lyft, grub hub, tmobile and well speak with tmobile Ceo Mike Sievert ahead of his companys Conference Calls just after numbers cross. The big stories we are watching, mike santoli following the volatile trading action, Steve Liesman with a look at the economy and another sobering jobs number today, and deirdre bosa is covering uber and lyft mike, start us off the s p struggling to stay in this zone for the past few weeks. This is a oneyear march its flattened out since april is it resting, rolling over . Its a bit of a standoff i think people are saying right now its preserve
In just a few moments, we will be joined by the double line ceo jeffrey gundloch well get his take on all things market lets check to board to see where it stands. Russell 2,000 having have strong day as well. Everybody, its good to see you. Its a big week. How much is riding on it, do you think . Well, i would say here, i think this rally is going to get exhausted bit. I think were at a point many the rally where a lot of thing vs to go right in order for this to continue. This has really been driven by macro news we have to look at fundamentals. The expectations right now are a strong recovery starts in the third quarter. Youve got the major averages have done incredibly well, 30 plus . Nasdaq, you go inside the nasdaq, facebook, amazon, alphabet 25 and some cases higher than that tech better live up to those gains. These earnings, this week all of those heavy hitters are coming down the pike. They better live up to this v shape bounce that the market has given us, right . Technology