Saying the president was shaped by a father who was a, quote, high functioning sociopath claiming trumps own sister called him a clown after he announced his run for president. The white house fires back this morning. Supreme court scare. The court revealing chief Justice John Roberts was hospitalized last month after falling and injuring his head. What were learning about his condition. Breaking overnight, Mary Kay Letourneau passes away, the teacher who made National Headlines convicted for sleeping with her sixth Grade Student. Then she married and had two children with him. Her story this morning. Protests erupting over this disturbing case in indiana. Viral videos appearing to show a pair of white men attacking a black man. Let him go, dude. Crime investigation. Also, the new developments t the amy crefusi to cooperate. And an abc news exclusive. As the nba arrives in orlando to enter the basketball bubble, were taking you inside the magic kingdom. Your first look at disney world
Ahead on todays show, fashion in the time of coronavirus. Well speak to anna wintour about vogues new partnership with amazon on a Digital Store front. Plus we will speak to truist ceo about his efforts now for Coronavirus Relief lets focus in on the stories we are watching Steve Liesman with the highlights from the fed minutes. Just released in the last hour and oliver chen is with us to talk about retail earnings and the big box names he likes so far. Michael, start it off with you what stands out . Yeah. The market just bobbed right back up from that lateday selloff yesterday. In fact, the low for today in the s p 500 hit about three or four times was yesterdays high. So it seems as if, you know, big money investors continue to behave in a way that suggests they feel underexposed to stocks if theyre not going to pull back a lot weve been talking a lot about this rotation theme. You have small caps up a lot and fin tech and financial all were really doing is stretching the upside of
The dow is looking for about a 300 point gain right there at the opening bell. S p up about 34. Look at that nasdaq go. Technology is doing well, up 104 points. Thats premarket for the nasdaq. Now, lockdown winners. Clearly emerging. Lowes, the Home Improvement people, headquartered in North Carolina. Profit up 28 . We stocked up for the lockdown. Target, they really organized their online delivery and store pickup operation, lumped together under digital sales, up a whopping 141 . Walmart, same story. Stockpiling helped them, too. Amazon, kings of the online selling business. Boy, did they clean up. The stock is near a record high. And the netflix, well, they are the kings of the streaming business. What else are we supposed to do when we are ordered to stay home for weeks on end . There are a lot more virus winners and we will go through them throughout the show. Meanwhile, the revolt continues all across the country. Businesses are defying the authorities and opening up despite the
The great is slowing rate is slowing in the u. S. The virus is not helping australia and if barley has become a new flashpoint. Shery lets see how asia is shaping up. Sophie after a choppy week for asian stocks with the msci aipac index snapping a twoweek advance, futures are mixed but mostly lower going into chinas npc. Japan as well as thailand are going to publish First Quarter gdp numbers. Japan may have fallen into a recession through the yen trading steady ahead of the Asset Managers steady. The Asset Managers have boosted it five straight weeks. We will get policy decisions from thailand and indonesia when bets are raising that major Central Banks could be forced to embrace a good of rates. Theble under pressure after chief economist of the option of subzero rates was being considered among other unconventional policy tools for lets look at oil policy tools. Lets look at oil. Seeing brent gaining ground and of uti adding 2 after wti adding 2 ahead of the june contract expiring o
Chance of a vaccine by yearend. U. K. Tohnson asked the move on from around over his top a. Overiding requirements landing spots at key hubs. Welcome to daybreak europe. The tensions between the u. S. And china continue and we have interesting commentary from fed officials, talking about yield curve control. Thats the backdrop in turn of the feds. Seeing a fair amount of green on the screen, overnight also digesting the news of south korea cutting its right to a record low and cutting its gdp forecast. U. S. Futures have given up some of the gains from earlier. Youre seeing some negative come through on nasdaq futures on the report that President Trump is preparing to sign an executive order that could threaten to penalize facebook, google, and twitter for the way they moderate content on their site. Quite a bit higher on european futures after the plan coming through from the e. U. To the tune of 2. 6 trillion dollars, a radical plan. The tenure yield is steady and we saw that reactio