Breakthrough theyre preparing a long promise but never delivered infrastructure bill. The s p 500 is higher by 2 . Broad rally today well speak with the House Majority whip about his call for big banks to die eventualth more information about the Paycheck Protection Program and whether it favored Big Companies over Small Businesses plus, as sarah mentioned, a major breakthrough thats what searchers are calling a new study into the effectiveness of an inexpensive steroid to treat covid19 patients you dont want to miss that interview. One of the factors behind the surge in the markets today lets focus in on the big markets. Mike santoli, we have the highlights from chairman powells testimony earlier today. Courtney reagan is covering the surge in retail sales. And meg has details on those new hopes for coronavirus treatment that we just mentioned mike, lets start with you the Broader Markets are up about 2 on the s p 500. This is an impatient. 3130 is the high of the day. There is a high
Bad session like we saw in the u. S. , snapping out of gains. New york futures are slightly higher. The dollar is stronger. We saw quite a bit of steepening in the Treasury Curve. Youre seeing the threeyear at around 24 basis points. We did see the spike in yields, slightly off that now in the Asian Session after the treasury unexpectedly announced that refounding announcement. Boosting that issuance on the long end of the 10 year and 20 year with the auction so markets are bracing for that surge in supplies. Were also watching currencies, remedy still very much in focus here today. The message the last couple of days has been calm down, we have slightly stronger fixings here. Were seeing the renminbi slightly down. We are continuing the rally of brent crude, slightly higher by half of one percent, just below 30 bucks for brent. Looking ahead to the data now. China set to rae release trade figures later today. Exports likely dropped 11 from a year earlier compared with a 6 decline in m
A part in the Liberation Army in our internet liberation because this did not take place on a single day rather it was a long and painful process. And long. After vick. Also on the day new hope in the race to develop a Coronavirus Vaccine can a tried and tested vaccine against tuberculosis also ward off covert 19 researchers and south africa believe yes it could. Remember of a spreadsheet. Or. 2 of us on p. B. S. In the United States and all around the world well we begin the day with the anniversary of the end of world war 2 in europe 75 years ago today germany surrendered to the allies bringing an end to 6 years of war in europe commemorations took place here in the german capital berlin and across europe as well but theyve been on a rather low level due to the coronavirus restrictions in place in many countries germanys most senior politicians gathered at the memorial to the victims of war dictatorship in central berlin to mark the day they laid to the victims of war and stood in si
Relieve a city overwhelmed by the covered 1000 course. Im serious almost gone but its good to have you with us europe is marking 75 years since the end of world war 2 on may 8th 1905 nazi germany and its Unconditional Surrender forces the large memorial events that were planned have been either cancelled or scaled back due to the coronavirus pandemic in london the Royal Air Force or red arrow squadron strict across the capital skyline trolling the colors of the union jack. In scotland Prince Charles laid a wreath at the war memorial. Castle. Meanwhile in france president he might want to paid his respects at the tomb of the unknown soldier in paris. And here in berlin the german chancellor Angela Merkel took part in a ceremony at the main memorial to victims of war and dictatorship. The bell rang i would sit across an empty city to mark the moment. Germanys president trying to touch stein my and chancellor Angela Merkel maintained a suitable distance from each other at the countrys cen
A 100 year old formula that could prove again changing. How the coronavirus is changing the Natural World and the habitat so many animals in thailand. I love christine window while come to the Program Europe is marking 75 years since the end of world war 2 on may 8th 1945 nazi germany surrendered and conditional need to the allied forces the large memorial events that were planned have been either cancelled or scaled back to to the current if i spend in london the Royal Air Force red arrows quadrant streets across the capital skyline trading the kindness of convenience check in scotland Prince Charles laid a wreath at the memorial at the ball moral causal meanwhile in frauds president emanuel khan paid his respects at the tomb of the unknown soldier in paris. And here in the german chancellor Angela Merkel took part in a ceremony at the main memorial to victims of war and dictatorship. The bell rang across an empty city to mark the moment. Germanys president. And chancellor Angela Merk