New york faang index. Of 4. 8 , surging. Amazon is above 3000 for the first time ever. Last week on the better Economic Data continuing into this week. David it is good news and i will take good news, but we are all worried about what you just talked about. Last time the shanghai went up this far this fast, it did not end well. Are we worried about amazon being that far over the 200 Day Moving Average . Abigail terrific point. The last time the shanghai putting a move of this degree, it went longer and further than anybody expected but ended in a 50 crash. Whether or not that happened in the shanghai composite or when it is probably the bigger question. When it gets this frothy, it is difficult to tell. Relative to amazon the stock is the march lows. Unbelievably overextended. This is nerveracking from the standpoint while you have the ultimate stayathome stock doing so well while the recovery sector of energy and financials are in bear markets, it creates the tension. It tells you tha
And the heck were in the news 7 r. T. E. Channels pulled off air in latvia which claims the networks controlled by someone on the black list although when you dig deeper there he actually had different views agency will tell you all. So lets talk about then good morning it said kevin owen here in moscow is to say just turned 11 am now youre watching r. T. International and its news from russia this dominating our coverage 1st off this hour it is the final day of a week of voting thats been taking place across russia on proposed changes to the countrys constitution while many of already had their vote voting online president putins declared today a National Holiday in order to allow voters who havent yet done so the chance to cast their ballot. Its a complicated old package of more than 140. 00 amendments mainly adding social legal and economic guarantees to the constitution no one ensures the minimum wage for instance support a lot of people would not be lower than the cost of living a
A new corona Virus Outbreak in berlin a whole apartment block is florentine authorities put it down to crown 2 Living Conditions and a growing complacency about the 10 demick plus sending rice by sea and leaflets by air the empty north korean Propaganda Campaign thats copy on yang taking traffic action you will hear from an expert on why korean relations and why this is happening right now. Im sorry kelly welcome to the program germanys chancellor Angela Merkel has urged the e. U. To agree on a Pandemic Recovery package for the block before the end of july merkel made the calls as she laid out for the bundestag her vision for germanys e. U. Council presidency which begins to. The 1st she said that europes Recovery Plan will be limited in time and will involve borrowing on International Money markets merkel added that the economic fallout from the pandemic lockdown is the biggest challenge the e. U. Has faced in its history. Lets get more now we are joined by chief Political Editor mich
With erasingirting its gains. I well then drum again. 50 higheralmost volumes than usual. 21 higher. The commitment to the rally remains. Romaine we did see some precipitate dissipation. Microsoft and apple. ,oving deeper into the green amazon. Taylor participation from fallen angels, exactly what fed chair Jerome Powell wanted. The yield options adjusted spread, the sector has been the best performer of all of the highyield market. Since going back since the beginning of the year. Deutsche bank saying that the bb s trading above prepandemic levels. I want to take a look at some of those individual movers we are talking about. Casino stocks up 7 . Bank of america, as you have been mentioning, upgrading alaska and jetblue, saying that the leisure rebound is real. Saying that jetblue is a pure play on the recovery. Amazon, Online Shopping has been the biggest winner from this pandemic. Atally, we will take a look another chart inside my terminal. Caroline, i made this just for you. Globa
Chief of staff. Now, live coverage of the u. S. Senate. Vice president under the previous order, the senate will consider the following nomination. The clerk nomination, general charles q. Brown, jr. , to be chief of staff and general of the United States air force. The Vice President under the previous order, the question occurs on the nomination. Is there a sufficient second . It appears there is a sufficient second. The clerk will call the roll. Vote vote vote the Vice President are there any senators wishing to vote or to change their vote . If not, on this vote, the yeas are 98, the nays are zero. And the historic nomination of general charles q. Brown, jr. As the United States air force chief of staff is confirmed. Under the previous order, the motion to reconsider is considered made and laid upon the table and the president will be immediately notified of the senates action. Mr. Alexander madam president . The presiding officer the senator from tennessee. Mr. Alexander thank you