This morning, the disturbing charges she faces. In some cases maxwell participated in the abuse and how epsteins accusers are reacting to the news, including an interview with a woman who says maxwell recruited her. Breaking overnight, under pressure, the Washington Redskins facing pressure to rebrand, including from fedex, the sponsor whose name is on its field, and nike pulls redskins merchandise from its website. Whats the teams next move . Remembering an icon. Good morning. This is today in new york. Well celebrate the life of broadcasting legend hugh downs, televisions most familiar face for six decades, including his time here on today. All that, plus a fourth like no other. From new ways of celebrating to how the weather is going to be, americas plans to mark Independence Day in this new normal, today, friday, july 3rd, 2020. Announcer from nbc news, this is today with Savannah Guthrie and hoda kotb from studio 1a in rockefeller plaza. Hi, everybody, good morning. Welcome to tod
New york, Edward Lawrence in washington. But jackie, we start with you. Reporter can we say party like it is 1999 . Fourth quarter 1999 is the last time we saw a quarter this good. That is positive given the fact weve been through so much this year because of the coronavirus pandemic. You can see the dow is up 17. 7 for the second quarter. S p 500 almost 20 . And the nasdaq composite, really the winner there, 30 for the second quarter. So we are watching those numbers as were processing what happened today, a 215 point gain on the Dow Jones Industrial average. Youre seeing more optimism in this market. Youre seeing investors digest some of the news about the spike in coronavirus cases. And seeing some hope in this as we move forward, that hospitalizations are down and it may not be illness has to run its course. Theyre taking it in stride at least for today, to close the quarter. Meantime i want to talk about another merge are potentially happening in the space, in the field today. I s
Are still 34 up from the lows we saw three months ago. Remember nasdaq closed at record high above 10,000. That milestone just yesterday. Fox Business Team coverage, blake burman with the latest from the president. Well kick it off with Lauren Simonetti on todays selloff. Lauren . Lauren melissa it spared almost no one today. Investors are still reacting to the federal reserves cautionary tone about the recovery yesterday, along with the cautionary tone from the pandemic itself as more states report more coronavirus cases. That is raising fears of that second wave of infections as the economy struggles to recover. Another 1 1 2 million americans filed for Unemployment Benefits last week. Number have fueled, received aid for two weeks stands at 21 million. Stocks that have outperformed as the country reopens are the ones getting hurt the most today, like travel shares. Look at some travel names. Many of them have doubled sentence their lows in midmarch. So they still have more selling p
Pres. Trump nice place. Ive been hearing about this one, great job. Great job. Thank you for being here. Its an honor. A very important time in our country. A lot of things are happening. I think where it all ends up, it will be very good for everybody. Its an honor to be at Gateway Church with the attorney general, william barr. [applause] and my friend ben carson, who has done a fantastic job. [applause] and a young star, jerome adams, general jerome. [applause] along with a lot of my friends out in the audience. A lot of the great political leaders from texas. Some great friends. I want to take you for being here, faith leaders, members of Law Enforcement. So important. We want law and order. We have to have law and order. [applause] we have to have strength. You have to do what you have to do. You look at seattle, we came in, just hearing about it. We were talking about it. The law and order. Look at what happened in seattle. They took over a city. A city. Big city. A big chunk of
Order, we will now proceed with questions. I will begin by recognizing myself or five minutes. On may 25, in the twilight of memorial day, Derek Chauvin of the Minneapolis Police held a need to george mr. Floydonless neck, pleaded for release, repeating the words i cant breathe. Mr. Floyd, i am sure you have seen the video. Can you think of any reason why officer chauvin would need to hold his knee on your brothers for over eight minutes . I dont know why he did it, but personally i think it was personal. They worked at the same place. For him to do Something Like that, it had to be premeditated and he wanted to do it. Intentional. Yes sir. We have learned since then that he has faced 17 misconduct complaints during his career. He was named in the brutality lawsuit, he shot and critically wounded a man after a brief and nonviolent confrontation. How do you feel about the history what do you know what do you feel about the history of misconduct . He should have been off the force. Any o