Handling protests breaking out across the nation. Lets get straight to Julia Boorstin with the very latest. Julia. Melissa, Mark Zuckerberg did defend himself and his stance in that meeting with facebook employees. Facebook just issuing a statement moments ago saying open and honest discussion has always been part of facebooks culture. Mark had an open discussion with employees today, as he has regularly over the years hes grateful for their feedback the New York Times reporting that zuckerberg said in this meeting that of the decision not to flag President Trumps post, quote, when the looting starts, the shooting starts is what he called a tough decision but that it was pretty thorough zuckerberg reportedly saying that the companys free speech policies show that the right action where we are right now is to leave this up zuckerberg reportedly saying in this meeting with employees that he knew this decision was going to lead to people within the company being upset as well as to critic
Include specific numeric targets for Testing Capacity, supply chain capacity and projection of shortages . Thank you for that question and statement, senator is murray yes, we are, as ive stated, we continue to have a work in progress as we build the Testing Capacity we have established the targets with the states of over 12 million tests over the next four weeks. We think those targets are going to be good in may and june, but as dr. Fauci said, we really have to be evidence based. We expect those targets to go up as we progressively open as communities go through phase one and then into phase two, and certainly those numbers will feed to go up significantly again if the fall when we potentially have influenza circulating with covid yes, there will be targets the targets will need to change based on the evidence that we see, but we are highly committed to securing the supply chain weve worked daily with every manufacturer and im just pleased were in may and june able to get ahead of t
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
Sevenpart debt offer thats getting priced today its so true, carl. I think that word stabilization is really the key to the story here its signs of stabilization versus recovery and i think thats a key distinction and one playing out right now in the market whether youre looking at the ceo commentary on Earnings Calls or interviews on this network in recent days and the fed chairs message yesterday, arguably what were seeing in jobless claims, which are still so painfully elevate right now, but seem to have potentially peaked maybe three weeks ago, that the emerging theme is really that economic recovery is going to, at least based on everything weve seen right now and what weve heard right now, is going to take longer than initially thought, but there are still some of these potential signs suggesting that the worst, i say that with caveats and uncertainty still clouding everything, that the worst is over, whether its the comments we got from facebook on that Earnings Call yesterday o
For the rest of the year well get a bunch after the bell including netflix. President trump is set to meet with new York Governor Andrew Cuomo this afternoon key relationship for the country and our pandemic response, which has been marked by tension and cooperation in the last few weeks. Well bring you that as soon as it begins. Were expecting that within the hour ahead on todays show, a key move for earnings. Netflix, chipotle, Texas Instruments and snapchat gear up for results after the close. Full coverage of those names and ana analysis of the reports when they come out. And how volatility has impacted brokers. Well speak with chairman Thomas Peterffy after the numbers hit were down 2. 8 on the s p 500 oil very much in focus energy the best performing sector today, only down 0. 6 well dig into all of that coming up for you. Mike santoli is tracking that market selloff. We have got the cohead of oil trading, ben lucker, important guest to join us to discuss crudes unprecedented vol