His new book that chronicles the rise and fall of general electric, a corporate titan. All that coming up. But first, lets take a look back at some of the weeks big moments and the top news item makers on mornings with maria. Heres this weeks edition of talkers. Republican aides say a two month extension of the unemployment aid expansion is being considered. Do you want to see that . No. The white house is not there yet. The president s not there yet. We know this expiration, we suggest that we make a deal. Maria whats your take on a middle ground in terms of the federal Unemployment Benefits right now . With respect to the 600 a week benefit, that wassing . Extraordinary that was done back in march. It was important when we were closing our economy. Maria do you have a sense of what industry you are, youre looking toward . So were looking for what we call the superdurable growth company, a business that can grow for a very long period of time, very high barriers to entry, its difficul
Struggle just to keep up. Look. I think that all of these have one thing in common. They all believe that the future is a little bit better and a little bit faster to come than many of us believe it is rather remarkable to see a consensus overnight from companies that basically say, you know what . Darn covid full speed ahead that includes boeing boeing has what i regard as being a very bullish scenario involving good cash, involving the possibility of returning to much more flight in, lets say, the next year. And even after 1,600 flights of the 737 i dont think theyre going to call it maxx anymore i dont know i think were growing to have a hard time keeping us down today unless faang keep us us down because the hearings go badly. We have a couple of guidance. Ebay the other one that raised guidance. Starbucks had a lot of things to say analysts recommend stocks its an exciting time. In a lot of ways, youre with a tesla call it turns out tell la sla is goi be a big car company thats no
His new book that chronicles the rise and fall of general electric, a corporate titan. All that coming up. But first, lets take a look back at some of the weeks big moments and the top news item makers on mornings with maria. Heres this weeks edition of talkers. Republican aides say a two month extension of the unemployment aid expansion is being considered. Do you want to see that . No. The white house is not there yet. The president s not there yet. We know this expiration, we suggest that we make a deal. Maria whats your take on a middle ground in terms of the federal Unemployment Benefits right now . With respect to the 600 a week benefit, that wassing . Extraordinary that was done back in march. It was important when we were closing our economy. Maria do you have a sense of what industry you are, youre looking toward . So were looking for what we call the superdurable growth company, a business that can grow for a very long period of time, very high barriers to entry, its difficul
Plus, tesla, speeding off to, yes, another record high today what the company said about demand that sent shares into overdrive. Later on, break out the sparklers. Were ushering in the fourth of july with some allamerican stock picks. We will start with 4. 8 million reasons to rally thats because thats how many jobs america created for the economy last month, blowing away economist expectations wall street rallied on the report with the s p 500 finishing the day up about. 5 Something Interesting happened in the market today that we dont often see. We had stocks up, bonds up, the u. S. Dollar up, gold up. So, tim, whats up with todays Market Action . Ill talk about what stocks need to move higher. The macro, again, its not necessarily something to do cartwheels in absolute terms, but in relative terms to where we are, weve taken back onethird of jobs lost we had pmis around the world better this week, housing numbers that were better bonds should be slightly selling off here except for
Starting the quarter with gains. The nasdaq was up more than 1 by an alltime high. S p was up half a percentage point. The dow was up slightly. A decline of about 0. 3 . Burke buckle your seat belts a lot to come. We have been watching what is happening with the futures at this point, all three in the green. The dow up almost 200 points all coming before the big jobs report the last trading day of the week before a long Holiday Weekend for the 4th of july. You could see some activity happening here a quick look at the treasury market youll see right now, the 10year looks like it is yielding 0. 676 . It is that jobs preview people are waiting for to get a sense of what is happening in the economy. Lets bring you the preview maybe not the numbers itself but get ready for them markets in the u. S. Are closed tomorrow in observance of Independence Day today is jobs thursday forecasters expecting an addition of 2. 9 million nonfarm jobs in june Unemployment Rate expected to dr drop calling