How retailers are shifting Sales Strategies online this Holiday Season then, questions over astrazenecas vaccine trial, what the ceo is saying this morning. And finally what a salesforce acquisition of slack means at this hour. Right back at you in terms of this market action, we have seen it a lot, mike in terms of the dows performance this month there has been some rotation lets start there. Somebody this morning saying aerospace is up 40 . Which frankly i did not necessarily know it has been that strong in that short amount of time does it continue in this rotation or do we have to watch this in last day, day and a half of trading there has been a stutter step in that rotation. We had a couple of these since march. One of them peaked in june now it has been very, very aggressive aerospace is part of the industrials group. Industrials fully kind of got back to precovid levels and the valuations of industrial stocks are well above where they were based on expected earnings eight month
Order today overhauling policing in america. Coming up at 8 00 a. M. Eastern, former Senior Adviser to president obama valley Valerie Jared is here and joe biden narrows down his pick for Vice President. Concerns over coronavirus spiking, cases in the United States surpassing 2. 1 million. Now more than 116,000 people have died and the death toll is expected to top 200,000 by october. At 8 30 a. M. Eastern this morning we will get another look the impact is having on economy for the month of may. We will get the numbers to you as soon as they hit the tape and check out the markets impact. Growing tensions between north and south korea, north korea blowing up an interkorea Liaison Office near the border. Mornings with maria is live right now. Maria and stimulus from the Federal Reserve sparking a rally across the globe this morning. European indices high err cross the board. The cac quarante in paris is up 104. In asia overnight markets soared on the hails of comeback and the bank of ja
Earnings from continuing operations was just 0. 10. Terrible numbers from certain sectors. Iously, retail search obviously, retail front and center. Market, kind of a mixed bag. Terrible data, yet equities tried to stage a rally earlier. Now futures flipping into more negative territory. Definitely the eurodollar and dollaryen are two to watch today. The yen was significantly higher thats butt all dies all eyes really on retail data later. Lets get some more market moving news from our new york and brussels teams. We want to start in the u. S. , where we are expecting more of that dire economic data. Many nonessential stores are closed. We also get Industrial Production. Michael mckee, International Policy and economics correspondent, joins us now. Michael i will give you guidance for the year, dismal. It is only a question of how bad they are going to be. Retail shrank by 8. 7 in march, when things were just getting started. In april, americans spent all of the time at home, not going
A japanese man is also among those hurt. The political situation in thailand has been unstable in recent years, however, this is the first such deadly attack since a military coup in may last year. Chinese Officials Say theyve confirmed 114 deaths after huge explosions in and around a warehouse near the port last week. They say a massive amount of Hazardous Material was stored at the site. The City Security authorities made this video. It says firefighters risked their lives to extinguish the blazes and reports that water sprayed by firefighters may have reacted with chemicals and triggered the blast. Small explosions continue. City Officials Say 64 firefighters and Six Police Officers are missing. [speaking foreign language] Officials Say about 700 tons of toxic sodium cyanide was at the site. Mea th more than ten times more than thamnt aowed to be st. People whose homes were destroyed are demanding government compensation. Translator we cant go home because the area is contaminated.
Damage the countrys economy and tourism industry. Chinas staterun Xinhua News Agency said two Chinese Tourists were confirmed dead. A japanese man is also among those hurt. The political situation in thailand has been unstable in recent years, however, this is the first such deadly attack since a military coup in may last year. Chinese Officials Say theyve confirmed 114 deaths after huge explosions in and around a warehouse near the port last week. They say a massive amount of Hazardous Material was stored at the site. The City Security authorities made this video. It says firefighters risked their lives to extinguish the blazes and reports that water sprayed by firefighters may have reacted with chemicals and triggered the blast. Small explosions continue. City Officials Say 64 firefighters and Six Police Officers are missing. [speaking foreign language] Officials Say about 700 tons of toxic sodium cyanide was at the site. Chinese media say that was more than ten times more than the a