Zealand is set for a shallower recession than previous years. The pandemic may have a lingering impact when it comes to government expenses. We bring you the numbers breaking this hour. Lets get you started with our lets get you started with a quick check of our markets trading at this hour. We had a mixed finish. Stocks, in fact, fell, erasing earlier gains after that selloff intensified. Tech fed chair powell not sure if this economic recovery will continue, that really dampening the moon. Tech communications leading declines. Switch of the board and you can see what small and midcaps did with the russell 2000, outperforming, look at that, up 9 of the close. We had the fed really keeping rates low, helping that entire sector. Pressure, andf that paired most of its losses with treasury yields climbing after chair powell also said the current size of the Asset Purchase Program was appropriate, the 10year yield hanging around the highest levels in almost a week. We also have the 530 yie
Markets looking to start the week to the upside. Futures inching higher this morning take a look there. The dow jones up about 71 points the nasdaq up about 63, and the s p 500 indicated higher by just about 10 points. This after markets finished a little change on friday. Retail, of course, and focus this week earnings expected from heavy hitters including walmart home depot lohse and target fighting back former mcdonalds ceo steve easter brook is slamming lawsuit from the company over his severance his defense later this hour. And heat wave, brutal temperatures hit the west, threatening the power grid in california. Plus, the state of travel airports bracing for a whole new world of changes at checkin what you need to know before heading to the airport. Mornings with maria is live right now. And were taking a look at the european markets edging higher as well. Take a look there the ftse higher and now investors are keeping the focus on travel restrictions, and u. S. China trade tensi
Protests and the fallout from joer george floi, but the market and stocks are focused on Economic Activity, period we just keep getting good news its good news off very lowered expectations whether it be cheesecake getting a lot more people than they thought or the airlines this morning. American saying good things. Whether it be ebay pronouncing right now things are better than expected whether you talk a look at a lot of the companies that, you know, morgan stanley, gm, of course this quarter was the weakest, but maybe next quarter will be the strongest. We have a number of Oil Recommendations saying they have come all the way back. So the street is really bullish. After being very bearish you see a lot of price targets that were cut severely are now going back up. Its a kind of dont fight the trend where the most overbought we have been since 2009, but if you go back to 2009, we were up 11 on the s p. We had great period after. People are fighting the tape if theyre selling. How abo
This is broadcasting around the world and covering all aspects of our Global Economy in the 21st century. And im kristie i am washington has a lockout was on deck today. If you dont exert extreme pressure in even attempt to force the decoupling of china u. S. Relations definitely damaged the interest of the u. S. And Chinese Enterprises in people because Financial Market turmoil and danger International Trade in the World Economic growth we have over the u. S. Will meet us halfway who work out a resolution in a constructive manner another day another twist in the u. S. Kind of trade war as reports claim that the company the station had idealists think Chinese Companies from american exchanges a move that the administration now denies. Trading is on hand today to analyze market reactions and what the move means Going Forward with the transpacific negotiations was a judge has ruled against tesla in labor dispute it was trouble for the already hobbled company molly barrows contributor to
U. S. As longstanding free market orthodoxy the us has long advocated for opening Financial Markets around the world to capital the fact that this discussion is even taking place is shocking to the whole International Finance community. And now with more on the field of battle for this Global Capital war we bring that tug of war with the chief strategist of the trading welcome back no charge repercussions says now that there are currently no plans to block Chinese Companies from being one listed on u. S. Stock exchanges but they also say there is no timeframe for implementation further fueling the uncertainty so is in your view is this a real thrill or is this more of a bluff or is the uncertainty that the can create the missed prison term can create from the suggestion is that the move itself just to create more uncertainty. Partner from you know art of the deal was. You know its never thats in my opinion thats never going to happen there are never the less these companies because it