The 3 trillion weve spent plus a trillion dollars more. Thats about 20 of gdp. Thats absolutely historic, and were prepared to put more money on the table softbank returns to profit with a 12 rides se investor shares soared towards the top. Sales grew by 67 in the Second Quarter. Stock markets here in europe have been trading for about an hour so far, and the direction of trade has been very firm. Weve seen a very decent rally play out after initial gains thats now translated to a pop of 1. 7 on the benchmark index, a fair amount of green at a stock level sector level and by industries you can see how the core markets are faring today we did see some early gains in the german stock market, and that is now actually outpaced by italian stocks taking the charge french and german stocks slight underperformance again by the uks stock market, just 1 3 4 of a percent yesterday. It was curious we saw the german stock market, one of the laggards which is typically not the case, but certainly re
Of security at facebook, about the next big hurdle that the company is facing. As coronaviruses spike, loews longtime ceo Jonathan Tisch will talk to us about his belief about the governments role too revive the travel industry, but also all business in the United States power lunch is right now its agreed to see ygreat tl the s p 500 is lower by about 2 bob pisani has more on all the market moves. Hello, melissa. Were near the lows for the day. I want to emphasize what melissa was just saying, because the outperformance is truly extraordinary. What you want to focus on is the nasdaq 100 while up 16, the nasdaq 100, which consists of the top five five, up 21 this is an unusual dispersion. Were also seeing the equal weight down, the average stock on the s p is down 12 thats a good way to look at it. Meantime the russell 2000 small cap is down 16 . To show you the outperformance, remember these numbers these are the top five these five stocks are 6 trillion in market capitalization, almo
Every direction. The s p saw an even bigger gain. The nasdaq up by almost 3. 6 the dow futures also up. Keeping an eye on the Treasury Department seeing how the fed news will play out there the fed news is back about 0. 6 . Sitting at 0. 612 . If you watch oil prices, which has been a big indicator of demand around the globe and what is happening, this morning, wti is up about 16 . All the way back up to 17. 49. Wow, all the way back up. 17 unbelievable lets get an update on the pandemic the number of global cases that we talk about nearing 3. 2 million. I dont know how good that enough is for anything we have more than a million in the United States. New york state cases near 300,000. I dont know of the reliability that state prisons near 7 testing positive breaking overnight, california governor plans to order all beaches and state parks to close tomorrow to avoid repeating last weekends violations hot weather, the police memo leaked to several Media Outlets yesterday. Andrew to put
Twice over 1st by a recession and now by coronavirus clubs how much of an impact will the pen demick have on society in the waning work we take a look at what happened after the spanish flu outbreak more than 100 years ago. Im sorry kelly welcome to the Program Germany could be on the way out of its coronavirus lock down the countrys Influential National academy of sciences has recommended that a starkey made on easing the restrictions imposed to contain the virus now the economy is 14 as the number of new confirmed cases in germany fell for the 3rd day running it also set the scene for consultations this week by chancellor Angela Merkel on what should happen after the current restrictions expire next sunday one of the main recommendations of the report is. That the primary and the secondary schools be allowed to gradually reopen they could soon be followed by shops stores and nightclubs restaurants would reopen next as long as their tables are placed further apart mouth nose protectio
Nightclub. Busy bar on the weekends friday and saturday nights. We are not the only bar in the neighborhood. Across the street is the horseshoe and five or six other restaurants down the street. We are the corner where everybody mingles. It is not necessarily the dorian. I cant control across the street what happens in the door doorways. What we are trying to do is we are a neighborhood bar trying to additional element to it to bring in more people, to bring in more people to the neighborhood to have the neighborhood people join us more often, add another experience to it. We dont want to do crazy bands to 4 00 a. M. We have another nightclub. We are not that. We are a restaurant with a jazz band on thursday night during happy hour, not doing craziness. That is not our plan. Other than that, we are just trying to support the neighborhood and move forward. Anyone here to testify in support of the project sponsor . Come on up. Thanks for listening to me. I am liz miller speaking on behal