Its spinning off one of the most highly sought after assets. A possible move that could help the Company Steer clear of investor scrutiny and astrazenecas trial is back on track. Youre watching Worldwide Exchange right here on cnbc. Good monday morning. Heres how stock futures are looking on this monday morning you can see a solid amount of green on the screen. The s p higher by 32 and the nasdaq by 127. The key index to be watching over the last several months now this after the s p posted its worst week since late june and coming off the first two week losing streak since may but the focus remains on technology. Closing down more than 4 since the worst performance since the weekending march 20th and the first two week losing streak since july the nasdaq is now down more than 10 from the most recent 52 week high it was also a record by the way. A number of key events in the week ahead for the markets and your money they include a very big day tomorrow and a few fomc a new fomc meeting
Next the director of the federal Housing Finance agency testifying on housing and mortgages during the coronavirus pandemic. House Financial Services Committee Members asked him how his agency is handling the rice in foreclosures and forbearances as well as the operations of fannie mae and freddie mac. The hearing runs over three hours. The committee will come to order. Before we begin, i want to remind members of a few matters including some required by the regulations accompanying House Resolution 965, which established a framework for Remote Committee proceedings. First, i would ask all members to keep themselves muted when theyre not being recognized. It will minimize disturbances while members are asking questions of our witnesses. Members are responsible for muting and unmuting themselves. The staff have been instructed not to mute members except when theyre not being recognized and theres background noise. Members are reminded that they may only attend one remote hearing at a ti
Congress still stuck in a stimulus stalemate not even at work. Turning to markets futures are rallying this morning. Tripledigit gain on the dow industrials, both s p and nasdaq hitting another round of alltime highs. The dow turning positive for the year. Take a look at the markets this morning. Wash, rinse, repeat, House Speaker nancy pelosi breaking San Francisco coronavirus rules getting her hair done in a salon. Where is your mask, nancy . The backlash ahead. Plus a Retirement Plans that starts at birth. Mornings with maria begins right now. Checking Global Markets, european stocks rallying as well following wall streets record run. Look at french and german markets more than 2 , in asia overnight markets mixed, both to plus side. President trump vowing to help the city of kenosha, wisconsin rebuild amid protests. Cheryl casone has more. Good morning, cheryl. Cheryl that is right, good morning. President trump making pledge to Business Owners and Law Enforcement officials there. I
Mediterranean on rubber boats to italy where authorities are warning of that the situation could get out of hand. Those who make it to italy are desperate to find ways to earn money and many end up as farm workers on tomato or lemon plantations but they have no rights and for years theyve been toiling away for countless hours and for a minimum pay these workers are called the invisibles and by now there are hundreds of thousands of them reasons name and you alone was introduced to improve their lives but the law is having little effect as our italy correspondent found out he traveled to the southern part of the country mm to the region of muscle known as italys a bread basket there he met some of the migrants. Somewhere in the middle of nowhere among the vast wheat fields of southern italy we meet them on a chain who found shade under the pines the 30 year old from booking a fossil is a Harvest Worker without a residence permit and with limited prospects the only she didnt require ive
Mediterranean on rubber boats to italy where authorities are warning that the situation could get out of hand. Those who make it to italy are desperate to find ways to earn money many end up as farm workers on tomato or lemon plantations but they have no rights and for years theyve been toiling away for countless hours and for a minimum pay these workers are called the invisibles and by now and there are hundreds of thousands of them reason fame and you alone was introduced to improve their lives but the law is having little effect as are italys correspondent found out he traveled to the southern part of the country hm to the region of the. Known as italys a breadbasket there he met some of the migrants. Somewhere in the middle of nowhere among the vast wheat fields of southern italy we meet them on a chain who found shade under the pa yes the 30 year old from booking a fossil is a Harvest Worker without a residence permit and with limited prospects their own little book well ive been