Results. We will get congressional insight all morning long. We will hear from georgia congressman earl buddy and connecticut senator rand paul. Loss of 100 points on dow futures. Markets extending slump from yesterday as more lockdowns and the threat of them offset positive news on vaccines. Its also been a big week for retails, bjs and macys reporting this morning all the numbers as soon as they hit the tape. Working from home may not save you money. Why paying a new tax while working remotely. A little holiday decorating can carry you through some tough times making a buzz this morning. Mornings with maria is live right now. Dagen european markets feeling the sting of more lockdowns, red across the board in france, england and germany, all down about 1 . Mixed story in asia overnight with fractional moves there. Kospi and south korea shanghai to the plus side. Cheryl casone has all the news that you need right now, good morning, cheryl. Cheryl good morning to you, dagen. United stat
Close at the open. The road map begins with that renewed vaccine optimism and detailing their own strong data. Plus as for the market, the u. S. Stocks poised for new records and the futures are and investor optimism about that vaccine and dow is within striking distance of 30,000. We have a lot of deals this morning. Pnc looking to become one of americas largest banks and set to buy spanish bank and 11. 6 billion the Purchase Price and other deals to tell you about this morning carl lets start with the moderna news excellent news for the second week in a row. Dr. Fauci on some of the networks earlier today saying the data are striking and the results are just as good as it gets i really think we have to go back just a couple months and recognize that even if we had any hope that there would be a successful vaccine maybe 70 , 80 . 50 to 60 for the flu is something we learned moderna Insider Selling was bad and turns out the Insider Selling was bad meaning they sold badly i do think wha
Alert oh, no. All right. So theres a delay. Youll hear me and then i hear her and thats where the disconnect happens. Microclimate weather alert. Right now look at that. Bright and early, already in the 70s down in san jose. 72 degrees. And there sapphire weather watch now in place in addition to the heat warnings. The reason for this is because we still have that High Pressure thats whats keeping you hot and dry. Now we have instability in the air to our south that could have the potential tore developing showers and thunderstorms. Accompanying with it, dry lightning. Any time we talk about dry lining with the dry brush out there that means dry fuel and that has a big factor when it comes to wildfires starting and spreading. As far as the heat warning goes this came went into effect for the red, the areas you see red is a heat warning. For areas in orange it is a heat advisory. So that went into effect since yesterday and expected to remain in place through next wednesday. So into the
Celebrated 30 years in space and its still one of the most important instruments in astronomy. The tarantella nebula in the large Magellanic Cloud its a vast region of gas a stellar nursery giving birth to new stars. And this is the corrina nebula ever 6 and a half 1000 light years from earth the Hubble Space Telescope captured these beautiful images of far reaches of the universe. Astrophysicist ralph yogen detmar has used hubble since it went into service he says it revolutionized astronomy. Rips their lives and i resolutely move him able to us to prove off that our universe is expanding admixture the reading page original theory that had been gathering dust for 50 years. But once confirmed it completely up ended our entire. I mean your cosmology of the creation and development of the universe thousands of often are. Both all discovered. On the 24th of april 1990 a Space Shuttle discovery delivered hubble into orbit after decades of planning and construction the size of a tour bus hu
Created 4. 8 million jobs, and that is much stronger than expected almost every single sector improved, bringing the Unemployment Rate down to 11. 1 . Isnt that the kind of news that makes people want to buy pretty much anything . Then the rally did taper off near the end of the day. The dow only dwayne e gained 92. Those are big numbers, but we got spoiled, didnt we what do these numbers mean what reflects the state of the labor market in the middle of june how does it impact your money . First, you need to understand that were still nowhere near where we are before the pandemic struck we still have a lot of ground to make up. The economy was smoking hot. I, however, think its a legitimate comeback. Its a legitimate comeback and a comeback gives you more latitude to buy stocks that depend on a healthy economy, not just an unhealthy one. But these are before the latest outbreak thats forcing many stocks to go back into lockdown mode, so its a glimpse into a post covid future that we ha