Discuss plus the latest on her clients case. Markets are higher, futures with gains. Nasdaq futures up 142 and the s p futures right now higher by 32. Investors hope to go hoping to keep yesterdays rally alive, gains of more than 7. 6 including final day when the dow industrials are up 329 points. The markets are higher across the board for the Third Quarter, dow industrials up 8 , nasdaq up almost 10 and s p higher by 7 . Iec and chairman joining this morning on 8 00 a. M. Hour to talk about the state of the economy, technology and a lot more. High wind and record heat making it difficult to fight the fire in california. We have the latest this morning. The new group hoping for intervention. President trump with signature due making buzz this morning. Mornings with maria is live right now. Ftse 100 is up 57 and the dax index in germany higher by 23, hopes that u. S. Lawmakers can reach a deal on stimulus reverberating throughout the world this morning. In asia overnight, training in j
Growth is slowing down due to the outbreak across the sunbelt. We have been at one point up 6 . Were now up 0. 7 . At one point we got to the highest level since the pandemic began. Ahead on todays show, stocks seeing a big rally to start the week Jeff Rosenberg of black rock says the bond stock model does not work in this environment he will join us to discuss where hes putting his money to work right now. Plus, entertaining in the age of coronavirus. Well speak with pitbull about how artists are navigating a World Without live events, and his efforts to help latino businesses lets focus in on the big stories with 59 minutes left of trade. Bob pisani tracking the action phil lebeau is watching the surging stock prices of electric vehicle makers joining us with his thoughts on the race for a vaccine and the biotech name is michael ye from jeffires start us off with the market with the dow up 400. We have had a remarkable run in the last three weeks or so, sara, with mega caps, semicond
Take a look, dow futures down about 78 points, nasdaq down 4, s p lower by 7 points. Yesterday markets tumbled as vi to investor concerns the International Monetary fundscutd previously predicted 3 contraction. Case against Michael Flynn dismissed. Lawyers releasing notes showing that during the transition then president obama, then joe biden weighed in on the flynn case revealing a very different story from former fbi director james comey. Flynns Attorney Sidney Powell is here, joining me live at 8 00 a. M. Eastern on this case and what is being revealed. You dont want to miss it. Senate Republicans Police reform blocked by democrats, senator tim scott ripping democrats yesterday accusing them of trying to delay the bill until after the election. A rival democratic bill expected to hit the house today. Mornings with maria is live right now. Global markets this morning, erasing early losses as coronavirus restrictions ease. Take a look at where we stand. In europe mixed story. Ftse 100
Jump some sometime. Nationally doesnt seem to be more worrisome picture. Some of those spikes are giving other governors besides those in texas some paws where we go from here. Where do we go. Financial center banks, and the rest, ease up on the volcker rules, how much cash they keep on hand. It gets a little a gobbledygook. It doesnt have to have a lot of money sitting around. That could reflect on the group as a whole. Were following that as well as Jackie Deangelis monitoring all of this in new york. Jackie. Reporter neil, we started in negative territory and now positive. So this market is very tentative right now. You bring up the situation in texas only compounding fears of the coronavirus and spike in cases across the country in other states as well. People sitting back, it is part of phase one, were testing more and still working through the system or is it because states are reopening, people are congregating not taking proper precautions. We dont really know the answer but th
60 billion kiwi dollars. It is projecting a contraction of its gdp in the Second Quarter to 21. 8 . New zealand maintaining its benchmark Interest Rate at 0. 25 , all pretty much as expected. The rbnz has been at the forefront of supporting the 0. 5 already. Ates under a lot of pressure for this fiscal stimulus, as weve been saying, to double to 60 billion kiwi dollars. Facing a lot of scrutiny on whether to take rates to negative. We will see if it does that later on. For now, keeping rates steady. Kathleen bring in hays. It does seem like rbnz did exactly what the markets expected. Absolutely. There was no changing sentiment in the key rate. 75 basis points move in midmarch, that emergency front, the rbnz saying they are prepared to cut the cash rate further, taking it lower, then that door gets opened even wider. They are saying that the balance of economic risk remains to the downside. Forhey are looking contraction in secondquarter big that would be quite a hole to fill. They are