But a separatist forcing thousands to flee their villages the un is warning of intensified fighting. And a factional fighting in the congolese government over the Justice Minister the rest pushing the current president against his predecessor the forces. Im going to go with the sports also but their place in the f. A. Cup semifinals they join Manchester United who made it thanks to a last minute goal from carlina white. Now at least 10000000 people across the wilds have now contracted coronaviruses 5 u. S. States had a Record Number of new infections on saturday the spikes in the u. S. Have been concentrated in the southern and western states mostly controlled by republicans even as Vice President mike pence claimed that the country is flattening the curve more than 2500000 infections have now been recorded across the United States well india has also announced its high. Ever daily jump with nearly 20000. 00 cases confirmed on sunday that takes the countrys total to nearly 530000 china
Rate dropped to 13. 3 percent that number was expected to be closer to 20 percent it didnt take long for President Donald Trump to declare victory today is probably if you think of it the greatest comeback in america is you but youre going to stop here its going to keep going ive got 144 all time high stock markets during a 3 and a half year period nobodys ever come close to that and were going to do it again. Well joining us now with more to break it down is chief strategist of Quill Intelligence and former Federal Reserve insider danielle de Martino Danielle good to see you thanks for coming on. Nice to be here today now i want to start with this break this down what do these numbers look like why why why why are the markets surging. Well i this came as a tremendous surprise im using the president s favorite word this came as a tremendous surprise to the to the markets and to all economists for that matter no single economist was expecting the best one was negative 800000 we got a ga
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
250point loss for the dow the Chinese Government makes the rare decision to drop its growth target for the year as primier says they are facing great uncertainty. Into remote will remain for facebook around 50 of the employees will work from home in the coming years but warn those working outside of Silicon Valley may have to take pay cuts. A warm welcome to street signs. Lets get into our top story of the day. Hong kongs government will fully comply with the governments decision. The administration has rejected decisions the new laws will impact the rights and freedoms currently enjoyed by the hong kong people. Opposition lawmakers were removed forcibly a lot of escalations and tensions not only between Mainland China and hong kong but questions about what this means for relations between the west and beijing. Lets look at the Hong Kong Market hang seng index down on the back of this news eyeing the National Peoples congress the move has taken some by surprise the fact that they are p
Unemployment numbers are and the bureau of labor statistics show the Unemployment Rate dropped to 13. 3 percent that number was expected to be closer to 20 percent it didnt take long for a President Donald Trump to declare victory today is probably if you think of it the greatest comeback in america it is you but you still going to stop your. Its going to keep going 144. Blankets during its really if you a period nobodys ever come close to that and were going to do it again. Well joining us now with more to break it down is chief strategist of cool intelligence and former Federal Reserve insider danielle de Martino Danielle good to see you thanks for coming on. Nice to be here today now i want to start with this break this down what do these numbers look like why why why why are the markets surging. Well i this came as a tremendous surprise im using the president s favorite word this came as a tremendous surprise to the to the markets and to all economists for that matter no single eco