Businesses are failing, tourism has collapsed and confidence is shot. Beijing is expected to confirm the new security laws for hong kong later on tuesday after imposing visa bans on americans it says are interfering. Shery lets get you started with a quick check of the markets. We are seeing u. S. Futures flat at the open. We had a rally in the regular session with u. S. Stocks surging. The s p 500 erasing its june declines. All 11 sectors in the s p 500 closed higher, being led by industrial, communication stocks. We had some positive Economic Data. Pending home sales posting a record game, offsetting concerns of the virus resurgence over some states in the u. S. Including florida and new jersey. We have the dollar also closing around the four week high. Take a look at what would liz doing. Under a little bit of pressure but still above 39 a barrel. Oil rebounding from the weekly loss as we got better than expected Economic Data. We are still seeing a bit of a bearish picture in the o
Surging the country recorded nearly 20000 new cases its biggest single day spike it could soon have the 2nd highest number of cases in the world its thursday and unemployment numbers are in from last week and still on the rise will nearly all 50 states have at least partially reopen and still 2400000 more americans filed for unemployment just last week that brings the 9 week total jobless claims to more than 38000000. 00 analysts are even expecting even worse numbers for the month of april now russia still seeing its cases surged deputy Prime Minister a top 10 are goalie cova reported the countrys Unemployment Rate has risen by 30 percent since the start of covert 19 the pandemic is expected to wipe out 20 percent of russians disposable income in the 2nd quarter of 2020 well the World Health Organization reported the world record in newly reported cases worldwide this week. We still have a long way to go in despondent. In the last 24 hours there have been 160000 cases reported to doubl
The Global Pandemic surpassed by 1000000 new cases as a lot in america surpassed several countries in europe cases in brazil are still surging the country recorded nearly 20000 new cases its biggest single day spike could soon have the 2nd highest number of cases in the world its thursday and unemployment numbers are in from last week and still on the rise will nearly all 50 states have at least partially reopen and still 2400000 more americans filed for unemployment just last week that brings the 9 week total jobless claims to more than 38000000. 00 analysts are even expecting even worse numbers for the month of april now russia still seeing its cases surged deputy Prime Minister a top 10 are goalie cova reported the countrys Unemployment Rate has risen by 30 percent since the start of covert 19 the pandemic is expected to wipe out 20 percent of russians disposable income in the 2nd quarter of 2020 well the World Health Organization reported the world record in newly reported cases wo
This is boom bust the one business show you cant afford to miss. In washington coming up its thursday and unemployment numbers are in from last week and theyre not getting any better theyre nearing rates we havent seen since the Great Depression minutes from last months Federal Reserve meeting show there is more concern about the long Term Economic recovery we spoke with former u. S. Representative dr ron paul to get his take we have a pop show today so lets go and dive right in. The Global Pandemic surpassed 5000000 new cases as a lot in america surpassed several countries in europe cases in brazil are still surging the country recorded nearly 20000 new cases its biggest single day spike it could soon have the 2nd highest number of cases in the world its thursday and unemployment numbers are in from last weekends to. On the rise all nearly all 50 states have at least partially reopen and still 2400000. 00 more americans filed for unemployment just last week that brings the 9 week tota
Bigger. Astrazeneca approaches gilead for what would be the Largest Health care deal in history. A joint company would be worth almost . 25 trillion. Cheaters. Brents eightday streak is the longest since february as opecplus seals a deal to extend output cuts but worries persist that some nations may not to the line. Payrolls rebound. On employment in america declined. The surprise jobs bounceback does not apply to black americans. Colin powell turns against trumps threat to use troops against protesters. Lets take a look at what is going on in futures. European futures are not pointing higher right now. We get german industrial output following more than expected. 17. 9 month over month, extending a 16. 5 drop. But even before this news which is just breaking right now on the german economy, we have european futures down. Not seeing the same kind of gains that the u. S. Markets saw after those jobs numbers came out, so not catching up to the u. S. Market. That said, european stocks ha