Probe into alleged fraud at the firm beijing hits back saying there will be consequences to safe harbor as they continue to work on punitive measures you are watching street signs. Im going to take us through the hour of trading. Picking up on the vaccine story, early stage trials with encouraging signs. The market is running with it. You can see a bit of pop and shares along with asia but some components trading higher. We have a lot of jobs to weather today. We have had lumpy old numbers to read through in recent times the payroll report would breakthrough this is how they fair. You can see the green across the board. The dax has been an early performer. Choppy in the early session. This morning, a gain of 2 in front for the rest of the 1 plus gain we did notice there was early appetite we look for signaling functions in the market, italy and spain demonstrating strength being demonstrated today we see optimism with gains of more than 2 on the spanish stock market by sectors, here is
It is a complete and total me, you andonly to lisa. It is a mystery to lawrence kudlow. Jonathan catching up with larry kudlow at 10 00 a. M. Eastern from the white house. The median is a little north of 3 million. The range is absolutely rock will. Be high absolutely remarkable. The high is 9 million, the low is 500,000. Lisa then there is a question of what it means with respect to the weeks after the data comes in, in which case we saw these close downs continue throughout the nation in the face of an escalating pandemic. 8 30, we get the initial jobless claims, as well as the jobs report. Very interested in what larry kudlow has to say with you at 10 00 a. M. Do not miss it on bloomberg television. He will give the party line from the white house and how to deal with the pandemic and the economic crisis, not different things. First30, we get the Public Comments from president this week. He will give a discussion at the white house at the spirit of america showcase. Very interesting
You just heard steven major of hsbc talk about the recovery that is out there, and it is a mystery. Already come our conversations this morning have really showed the massive ambiguity we have going into 8 30 this morning, and then jons conversation with Lawrence Kudlow near the 10 00 hour as well. It is an extraordinary day. An up market, and some stasis in the bond market as well. But we have said this all morning. It is not just about the payrolls report for the Establishment Survey. It is about the slew of Economic Data we get out today. Jonathan it is also not just about the data. It is also about the reaction to it. How will the administration respond to the bounce in the Economic Data, and how will it shape the fiscal effort in the month of july, when clearly, more help is needed . My personal worry is not that they dont something. I think for many people, including the likes of pimco, it is a matter of when, and not if. But do they move away from offsetting the income shock tow
Stock is surging to an all time high well have more on teslas big move in a bit. Right now, power lunch begins. Yes, it does the nasdaq at a record high today. The s p is about 7 below its all time high. Lets get to dominic for more. The markets like that camera, were higher. They are coming down now but still in positive territory. At the highs of the day is dow is up roughly 469 points they are up 277 right now. Pretty much 1 gains across the board. The s p 500 hovering right around 3150 and the nasdaq, well put a star next to it here because its created a new record intraday high two places in technology that are really moving. Check out these Etfs First Trust dough jow joan inte. Every single one of these tech oriented etfs has hit a record high some of it is covid related but watch those moves. Both of these showing pretty strong gains opinion surging in todays trade. Good time for some companies tyler, to be in the ipo market back over to you thank you very much lets talk about t
This comes as regions across the country allowed for more businesses to reopen and with an increase in Consumer Spending well President Trump wasted no time celebrating the government report and took a victory lap as he said the recent number proves the countrys economy is roaring back todays announcement proves that our economy is roaring back its coming back extremely strong its all coming back its coming back faster bigger and better than we ever thought possible these are the numbers these are not numbers made up by me these are numbers and as i said you are going to have a fantastic 3rd quarter it will be the 3rd quarter the likes of which nobody has ever seen before in my opinion. And the good thing is the numbers will be coming out just prior to the election so people will be able to see those numbers the 4th quarter like was will be extremely good and maybe most importantly from the standpoint of our country itself next year will be a historic here. Next year is going to be an