167 drop. Turn positive 59 minutes left in the trading day. Yeah, set for another record day all time close for the nasdaq coming up on the show, the dow component and tech component an hour away from that up more than 30 from the march lows still down year to date. Well have full coverage and analysis when those numbers hit. First of all, lets focus on the big stories were watching mike santoli is back and tracking all the Market Action for us meg terrell has new details on a number of vaccine candidates and were following the action in washington with the key deadline approaching. Mike, lets start with you its almost faz that rotation out of tech into value didnt even happen. You missed it all of last week you know, exactly a little bit of a stutter step that is all. Maybe it took for the overheated big nasdaq names to cool off for 4 1 2 days, 4 1 2 trading days but they are leading the way today. Is a very narrow rally it is a slow motion breakout you look at a year to date, thats g
China of sponsoring them. A long delayed Intelligence Report says the u. K. Government actively avoided investigating russian interference in the brics it referendum. 13 people held on a bus and ukraine walked free after the president agreed to the hostage takers demand to endorse an Animal Rights documentary. So the u. S. President donald trump has warned that the Creative Arts outbreak is likely to get worse before it gets better it is a mild to part from the optimistic picture hes projected so far even as cases continue to rise in many states trump was speaking it is merely resume daily Coronavirus Briefing thats the 1st since april and yes the public to wear masks and promise to deliver a vaccine as soon as possible the u. S. Is the worst affected country in the world with more than 141000 deaths and whatever 3800000 cases that join a virus is a vicious and dangerous illness but weve learned a great deal about it. And who it targets we are in the process of developing a strategy th
Tech names may be beneficiaries of a decision the United Kingdom has made when it comes to huawei and 5g. But wait a minute. The big banks did send up some warning flares in their quarterly reports on this first day of Second Quarter earnings season. Why are the biggest names in finance fast inflating their Rainy Day Funds . What do they see that you might not . Our floor show traders are on it. They will shine a light on it and explain. Just as teslas stock bubbles even higher, here comes a potential pin to pop it. Fisk fiskers uber cool all electric ocean suv with its 300 mile range, karaoke and california mode features is ready to open the reservation lines. Founder, chairman and ceo lhenrk fisker is here on his unique route to the New York Stock Exchange, taking on elon musk and yes, he will explain what california mode is. Pretty cool. From california all the way to a tiny private island on the east coast where the wealthy elite are ready to pay a pretty penny to escape from the c
Are the Health Care Workers themselves, the medical workers themselves, the doctors, the nurses, the support staff who weve relied on from the very first moments that we began to realize that this virus was bigger than any health issue weve dealt with in a long time. Were still depending on it today. At some point you run out of some of the capacity and steam that you had to do the job that needs to be done. But we see these heroes continue to step up. Some giving their lives. In bill in birmingham and kansas city was an emergency medical technician. He was with the Kansas City Fire Department and he died of coronavirus in april. His son described billy as selfless. He said billy had decided he wanted to find new ways to help people and so he reinvented himself as an e. M. T. When he was in his 40s so he could help others and then he was an e. M. T. For about 22 years. We see the Emergency Medical Technicians, the First Responders out there saving lives, bringing people in a desperate
Improving. Atlantia shares are holding after sliding more than 12 as they dismiss the proposal to rescue the motor way operator describing the offer as insufficient well, stock markets here in europe have been open for an hour so far and what we had, a lot of green on these boards from the outset though we have bounced off some of the highs of the session, the core markets, and what we have so far in the benchmark, gains of 16 of a percent. We can switch over the boards. You can see how firm it is for the u. K. Stock market. Out in front, gains of 1. 1 . Typically its not the one taking leadership here in new york we were up more than 1 on the german stock market but we have given back some territory very close to that mark still a firm trade also some of the early gains enough to keep it above the 5,000 point handle lets take a look more broadly at what we got by the sectors at the start to every single sector trade and you can see that remains the case at the top, theyre now taking t