The nasdaq up about four points. Yields firmed up a little. You can see the 10year, as equities came up, the 10year about 0. 624 all of this as Energy Prices got stronger the june contract up about 13 now trading at 15. 68. Hard to believe that is a strong level. 15 a barrel is pretty strong for oil when they were paying people to take it from them earlier this week. Time for the squawk planner is it . It is yours, joe. Getting to closely watched jobless numbers. More than 4. 3 million americans are expected to have filed for jobless claims that number rose on the earnings front, well hear from eli lily, blackstone, dominos. Well see if dominos has the same type of positive numbers like chipolte. Nobody eats at dominos intel is reporting after todays close. Now, andrew. Now. You were eager this better be good. You know, im just doing the update on the pandemic numbers as we do every morning it is not good it is not good global cases have risen to 2. 6 million. U. S. Cases 842,000 with
Jobless claims, though, 4. 4 million, bringing the total to 26 million over the past five weeks. Oil bounces, and the european pmis remain historically low 16 in france no, 10 in france 16 in germany. Jim, though, your tone this morning is relatively hopeful. Look, i am a creature of who reports and what they say. And i can literally i find it hard to remember as Many Companies as saying good things, even as obviously were in nidest of a pandemic, and i dont think theyre all clockeyed optimists. These are large cap companies. These are not the companies that the government is trying to protect. These are arguably the winners the companies that are going to get stronger i listened to lee, and Lee Cooperman was talking about what its going to look like on the other side i look at my desk. I have reports everywhere here these are all companies that are going to come through with fewer competitors. And that may be bad for the u. S. Consumer, but its good for the stock market david, would y
You about how Retail Investors are feeling right now. Well explain. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight steve grasso, karen finer man, dan nathan, and guy adami. The s p rising 0. 6 . The nasdaq up 0. 4 . Well get to that in a minute, but first, new signs that the Retail Sector is ripe for some dealmaking. Shares of nordstrom popping more than 9 after reporting of its founding family is looking to take the company private. This news coming after similar attempts six years ago was ultimately unsuccessful, but it is far from the only deal percolating in this consumer space. Macys saying its agreed to open its books to potential acquirers. It and kohls have attracted activist interest in weeks. And theres tapestrys deal for capri, which is expected to close later this year. And shares of American Apparel giant Gildan Activewear popped after the board said it has several potential buyers for the company. Is this just the start of a coming wav
Reunited after being separated by a wall of fire in maui, how people here in the bay area are banning together to help people who lost everything and why some fire survivors say they barely had a chance to escape. From kpix, this is the late news with sara donchey on cbs news bay area. Hello. Im sara donchey. Tonight survivors of the maui wildfires are returning home to scenes like this, absolute ruins, and some say they got no real warning that the fire was closing in. At least 67 people are dead, making the fire the deadliest Natural Disaster since hawaii became a state. The death toll could rise significantly when search crews are able to go inside buildings in lahaina. Records show there were no warning sirens before people had to race out. Instead alerts were sent to phones and tv stations, but the problem with that, a lot of people didnt have cell service or power, for that matter. Youll be okay, milo. Tonight a denver family is talking about being forced to jump in the water to
Barely had a chance to escape. From kpix, this is the late news with sara donchey on cbs news bay area. Hello. Im sara donchey. Tonight survivors of the maui wildfires are returning home to scenes like this, absolute ruins, and some say they got no real warning that the fire was closing in. At least 67 people are dead, making the fire the deadliest Natural Disaster since hawaii became a state. The death toll could rise significantly when search crews are able to go inside buildings in lahaina. Records show there were no warning sirens before people had to race out. Instead alerts were sent to phones and tv stations, but the problem with that, a lot of people didnt have cell service or power, for that matter. Youll be okay, milo. Tonight a denver family is talking about being forced to jump in the water to escape the fire. Two brothers and their mom had to wait in shoulder deep water for five hours until it got dark. Its just like last resort time because the fire was like across the st