This morning. Markets are pointing to higher opening this morning. Possibility of more stimulus of holiday shorten week, this after Third Quarter kicks off with mixed day yesterday, nasdaq with 12th record close of the year. 95 points at 4 00 oclock on wall street yesterday. Meanwhile more stimulus ahead. President trump telling fox business he supports additional money going directly into americans pockets, hes looking to add incentives to get people to back to work. Warning of market crash of former Vice President joe biden gets elected. The house takes action over hon hong kongs actions. All that coming up. Officials finally taking action in seattle meanwhile clearing out the autonomous zone after 3 weeks of occupation, then this, tesla driving to new heights, charging past competition, largest automaker by market value surpassing disney and cocacola. Mornings with maria is live right now. Maria Global Markets this morning look like this, we are looking at gains across the board, gr
Down sharply, for a third day in a row on fears that these tensions between hon congress and the tension with China Hong Kong and the tension with china is a sign of the tensions in the u. S. , the idea there will be more likelihood the china firms will be delisted here in the u. S. , confirming the risk tone we are seeing for more of the china sensitive areas. Bonds rallying a little bit. This is very small decline for the s p 500 on the day, david. We are going into the long weekend so it feels like a lot of traders have checked out. On the week, it has been very choppy, great point, two down days in a row. But on the week, we are looking at a gain, up 2. 7 . That comes after last weeks loss. That range we have been talking about is in place, the bulls and bears looking for more information on what could be next for the Global Economy and how that will play out through the markets. Stay tuned. We will be talking about that next week. David thank you so much to Abigail Doolittle. The
Global supplies, chip supplies rather to huawei, this as taiwans Semiconductor Announces plans to build a plant in arizona. China sending signals in retaliation that has this market on edge. Is it a bluff . We will get the read from michael pillsbury. Also, Human Behaviors on a crash course with social distancing. I will explain why. All that and so much more on making money. Now in the green. The cp effect has started. Welcome back. Its been another eventful week for the market. One of the things were seeing is caught of tugofwar between commentary and observation versus realtime news and anecdotes. The financials got crushed on wednesday, after the Federal Reserve chairman powell offered a dire warning about the economy, more specifically the american consumer. Credit Card Companies were especially slammed. But then after the close on wednesday, mastercard updated its operating metrics. They show a sharp improvement year over year transactions. Every single week for the past four wee
Cool as batman and spiderman, but all of that is about to change. Mattel is honoring essential workers on the frontline to have the covid 19 fight with a special edition line of Action Figures. They are called thank you heroes. The 16 collectible Action Figures include doctors, nurses, e. M. T. S driver and a little set that includes a Grocery Store worker. Each set costs 15. Dollar from each sale will be donated to the First Responders initiative. Trevor yes such a powerful message to send to the kids. You dont need to have superpowers to be a hero. You can be a doctor, a delivery person or hawkeye. Plus this is going to make playtime much more interesting. Im Luke Skywalker and im going to save the galaxy. Luc, im the cleaver man, can you buzz me in . By the way, they didnt have the toilet paper thats not true thats impossible you know, i really think this is a great way to show these kids how the real who the real heroes are, but if they likely want kids to play with the toy heroes,
Numbers, 8 30 this morning. We knew it was going to be bad because bricks and Mortar Stores have been largely shut down, and it was bad. April sales down 16. 4 in april after dropping 8 in march. So heres the market, with just minutes to go to the opening bell. Red ink all over the place but not as bad as it was. The dow off about 180, 25 down for the s p, 121 down for the nasdaq. Thats of course inspired by apple, which is way, way down this morning. What were looking for is how fast we can rebound on the other side of this really bad Economic News. Thats the other side of the coin. The great reopening. Which gathers steam this weekend. There are only a handful of states that are still trying to enforce a complete lockdown. This will be a test of our willingness to get out and about, our willingness to travel, eat out and shop. This is important. We need to open the economy. We need to get back to work. This weekend, i think its a prelude to memorial day next weekend which is the unof