And. Well the killing of george for each change of Race Relations in the u. S. Protests against Police Brutality continue present donald trump is accused of fanning the flames is there enough momentum to change laws and altitudes in what is already a polarized Election Year this is inside story. Hello welcome to the program. The killing of george floyd has reignited pent up anger towards racism and Police Brutality in the United States since his death in minneapolis more than a week ago there have been nationwide mainly peaceful occasionally violent protests and its forcing america to look at its longstanding issue of race head on. People defied curfews in more than 140 cities to demand justice for florida and other black americans who have died at the hands of Police Demonstrators in portland lay down on a bridge for 9 minutes thats how long it took for the 46 year old Security Guard to suffocate a 4 officers pinned him down a sign from looting and violence in some cities the protests
People should own what has worked for the past 10 years. People get excited with the disruption type of names. When you look at historical cycles, you have never had a time when that leadership continues into the next cycle. That isthe fact that where the leadership has changed, i think that plays along very closely with what you were just talking about in terms of market performance. Romaine we are speaking with dan suzuki. A very interesting day on wall street what do you make of it . Rising chinau. S. Tensions rears its head again. Indexes close with a little bit of a swoon toward the close. How are you thinking about chinau. S. Tensions . Is this something that kind of keeps us locked within volatility and range . Dan it certainly has the risk of derailing the rally. The thing with this rally, one of the drivers has been falling uncertainty. New, we did not know much about it, it was like flying in the dark. More optimism around the treatment and vaccines, that has been decreasing
Going to session lows area traders have been looking past the escalating tensions to signs of the pandemic recovery. Hong kong is bracing for what the biggest protest in months as the City Government meets to discuss criminalizing disrespect for chinas National Anthem. Shery looking at markets trading at the moment, u. S. Futures are down. 1 as the s p 500 and the rest of the broader markets are in the green. Still fading in late trading sessions. The s p 500 going back below the 3000 level. It had stayed up but bloomberg reported the u. S. Is mulling sanctions on u. S. Officials and firms over Hong Kong Chinese officials and firms over hong kong. We got chipmakers exposed to china tumbling at the end of the session. The usual laggards led the gains today which was an interesting rotation when it comes to the markets. We had data, Consumer Confidence was stabilizing in may. Looking at a mixed session in asia as we get these conflicting signals like concerns over the u. S. China relatio
This is what the markets are doing. The focus will be on the u. S. Data. The latest in the u. S. , the focus has been on what the European Central bank has done. Hero trading at 113 against the dollar. Theres a lift to the euro trading at 113 against the dollar. Theres a lift to the market. We could have the extension of these action cuts. Production cuts. Brexit not going as planned. ,f you are expecting for a deal pound is moving. Lets get straight to the bloomberg first word news with leighann gerrans. A night of largely peaceful protest has americans gathering for george floyd, the unarmed black man whose death sparked unrest. The extended security theft is across fences across the white house. The kronos reported a Record Number of deaths. The nation departing italy to become third in the world. It has become an epicenter of the virus, with over 600,000 confirmed cases. Fears of deflation warranted European Central banks decision to ramp up stimulus. Thats according to the policym
Slumping good news, live sports making come backs nba laying out a plan and indy car. Well speak with the man in charge on this friday, june 5, this is Worldwide Exchange here on cnbc good friday morning. Cheers welcome from wherever you may be watching thank you for ending your week here despite all going on in america and around the world, investors continue to put their money into our stock market it has been an incredible week futures are soaring right now. Dow futures are up 327 nasdaq 100 hitting a new alltime record high looks to make another one today. Small caps, if you have not paid attention are up nearly 8 we have one trading day to go today. Lets talk more about this all ahead of what your next guest calls a sobering reality for investors. That being the may report. Expecting another 8 million plus job losses and to hit near 20 . Bringing in lindsay bell, chief Investment Officer and newly minted cnbc contributor. First off, lindsay bell. Glad to have you in the cnbc famil