Actions taken on pandemic and how money is being spent today. Getting america back to work today, larry kudlow will join me today at 8 30 a. M. Eastern live on the reopening of American Economy and rebound hes expecting and what if any additional stimulus is needed. We will also get into china. Turn into markets this morning. Futures are turning direction this morning. We are expecting weak opening this morning for stock prices, s p futures down 10 and nasdaq futures lower by 12 this after positive news from moderna on vaccine trial help fuel strong rally for stocks. Dow industrials up 911 points yesterday almost 4 . The nasdaq was up 220 points and s p was up 90 all the major indices up 2 and a half and 3 and a half percent. A closer look at the Pandemic Impact on retail this morning, this morning we will get walmart, hem depo who remained open reporting earnings. More stores and malls are reopening even in the face of bankruptcy elsewhere. Who would be held responsible . Attorney gen
Tensions between the two countries, calling on his nations military to, quote, explore ways and means of training and preparing for war. End quote. Xis comments come after a recent internal chinese report warning beijing they need to be prepared for the potential of Armed Conflict with the United States. Chinese communist Party Officials have made it clear over recent days they will utilize the wuhan virus or pandemic they helped create to achieve their goal of global domination. Chinas foreign minister telling the United States to stop what it calls its Wishful Thinking of trying to change china. All of this as the Chinese Military reportedly readied two new aircraft carriers for deployment off the coast of taiwan, and china continues to push ahead with the effective takeover of hong kong later this week. The u. S. Response to these actions so far have been diplomatic, measured, even muted. President trump and Husband Administration threatening his administration threatening to impose
And bill mcagain. Mcgern. Mary, 40 million jobless in two months. Weve never seen that before, not in our lifetimes. Is this the extent of the damage or are we going to see some more . Hi, paul. I dont think we can say whether were going to see more. We dont know from the Health Aspects whether we get the second wave and so forth. I think what we know right now is that we have a first of all, a very entrepreneurial culture. Ive been impressed in new york at all the entrepreneurs and Business People who are eagerly trying to reopen their shops. Sadly, a lot of them didnt make it. But theyre back. Also, we had for the month of april, while we had Consumer Spending drop by almost 14 , we also had an uptick in personal income dividends and interest mostly personal income because of the governments subsidy packages to individuals. Paul right. So you have all these people who have been penned in their homes for a long time and the money is burning a hole in their pock e i think theyre ready
Load the liquid oxygen into the booster rockets. Spacex will try again saturday afternoon, 3 22 eastern time. Before leaving for florida this morning, President Trump took direct aim at big tech in this country. President trump is threatening to regulate, to even close down some social media platforms that he says are silencing conservative voices, and the evidence is on his side. The president is angry and, in my opinion, justifiably so. President trumps warning comes only hours after twitter slapped a fact check warning on two of his tweets about potential fraud involving early mailin ballots. The warning linking to Fact Checkers at leftwing, fake news organizations if you can imagine this, cnn, the Washington Post who say the president s claims are false. So we have fake news claims about the president s assertions on twitter. Twitter, however, chose not to disclose that it is an active and premier partner, excuse me, of vote early day 2020. Its an organization, an Advocacy Group pu
Caldwell. Were talking about these top picks. Irmoving oil tankers, possibly military hardware and intelligence officials, potentially officials with connection in hezbollah in venezuela. Also tonight, more joe biden mistakes and gaffs but a warning for trump from republicans about battleground states. Also this, stocks soaring, the dow closing above 29,000 for the First Time Since march 10th as the u. S. Opens up again. New covid19 vaccines that look promising. Open warfare over renewing fisa. Deputy ag Rod Rosenstein is about to face the music. Senator Lindsey Graham announced first hearing into the crossfire hurricane probe on june 3rd. We have newly revealed Text Messages between former senior fbi officials who were at the heart of the botched fbi investigation into Michael Flynn. Also the trump russia probe. After reading them security analysts are now asking, okay, how much did president barack obama know about these probes . What influence was brought to bear on them . Also toni