Highs today, down about 2 . Trading volumes are down for the dow, s p, and nasdaq. Remember, we have a short trading week next week because of the memorial day holiday. It will be time to take a breather and plenty of people will be doing that. S put of 11 groups in the 500 closing in the red. The exception, industrials. Boeing and raytheon. Fromng to keep the dow falling as much as, say, the s p and nasdaq. Andre seeing some buying some of the beaten up areas, including small caps. Lets bring back dennis to. Ushehr of evercore isi in terms of data, highfrequency data will be top of investors minds. We do get some housing numbers tomorrow and there is anecdotal evidence that there are a lot more people interested in moving out of cities, certainly in the tristate area. Parts of that, that part of the economy still continuing. What is your view in terms of housing and how that will play out . It is one of the good aspects of the pandemic, that we went into this with an extremely strong
All about the big game of chicken that is breaking out in china, but first, what is the real read on retail . The Group Holding strong as we wrap the major week of earnings and we could dash hopes of any robust retail rebound and another 2. 4 million americans filing for unemployment last week and while we all knew that the number would be awful, it may not be telling the whole story. The total claims exclude hundreds of thousands of selfemployed economy workers, as well. So with millions of americans and millions of consumers out of work, which retailers are best positioned for this road ahead guy. Hi, mel hi, guy i feel it necessary to say hi so i wont see you so which retailers are best suited in this environment and thats a great question and something well talk about and i know steve will talk about costco correctly and karen had thoughts on t. J. Maxx, but the one i keep coming back to is Dollar General and i think Goldman Sachs just initiated the name with the 202 price target a
Wednesday and this morning, dow indicated down about 170 right now. S p down 21 and nasdaq down by 58 just 4. 5 from its alltime high more about what it has been doing well the nasdaq 4, 6 or whatever you dont call it the nasdaq 100. It is concentrated i heard Brian Sullivan saying early that of the nasdaq 100, that 35 of those companies are trading 10 higher or more for year to date not the full year but year to date what weve seen this year broadening out a little bit there is the big chetech and the big tech that seems to be well suited for what we are all doing. Not a total surprise oil hasnt hurt either remember, it was the may contract when it expired at the end of may something theyve never seen us before wti back up to 34. 07. That tells you what people are anticipating it has rallied 70 and only at 34. Right tells you a little about what is happening here also take a look at treasury yields we are around 21 for the 10year. 10year at 0. 664 . Andrew thank you, becky lets bring
Coming together to fight a pump down the World Health Organization has launched a Global Action plan to develop vaccines on drugs but covert 90 but the u. S. Is not taking part so how do we make sure everyone has equal access to truth this is inside story. Hello welcome to the program on burden of. Its being called a landmark collaboration the World Health Organization heads of government and Research Bodies came together to coordinate the fight against covert 19 theyve pledged to Work Together to find a vaccine and make sure everyone has equal access to treatments and diagnostic tests but the United States isnt taking part President Donald Trump as accuse the w. H. O. Of mishandling the crisis well bring in our guest in a moment to discuss the challenges ahead 1st this report from our diplomatic editor james base its just the place you would have expected in previous times to have seen u. S. Leadership in a Global Crisis and World Leaders coming together with a response not the idea o
Reopen and companies to bring 50 of their workforce back to the office. He was asked about testing and the strategy for Contact Tracing to help combat the coronavirus. A quick update, 10,868 confirmed cases. We have 506 deaths. Deathdo passed the 500 mark. We knew we would. There are many more ahead and our hearts go out to the families and loved ones of those who have lost their lives due to this deadly virus. I know everyone is eager to hear more about this next phase, the safer at home phase, and i want to reat a rate, as i said a number of times this is not going back to normal. This is not, going back to the way we lived in january or february, it is how we can have a Sustainable Way of life for may and beyond, a way we can get the Health Protection we need, the psychological ability to endure and the economic ability to render for families in need to put food on the table. Safer at home for coloradoans means we need to limit social interactions to the greatest extent possible to