York joins us to discuss the response to their coronavirus. Later, Michelle Moore talks more michelle ever talks about appointment assistance. In just over one month, School Systems across the country will begin the new school year. That safely is still being developed and debated. Good morning, welcome to washington journal. We will start the program asking about should k12 schools open . If you are a parent of a student, that line is 202 7488000. If you are an educator, that line 202 7488001. For all others, 202 7488002. Look forward to your text, that is 202 7488003. Tell us your name and where you are texting from. At cspan wj. Are take a look at the other news. Question after a conference at the white house attended by Administration Officials, educators, and others, and reported in the wall street journal. White house once glasses to reopen in the fall. The benefits of in Person Instruction for children. School Officials Say more federal funding is needed from congress to operate
New york faang index. Of 4. 8 , surging. Amazon is above 3000 for the first time ever. Last week on the better Economic Data continuing into this week. David it is good news and i will take good news, but we are all worried about what you just talked about. Last time the shanghai went up this far this fast, it did not end well. Are we worried about amazon being that far over the 200 Day Moving Average . Abigail terrific point. The last time the shanghai putting a move of this degree, it went longer and further than anybody expected but ended in a 50 crash. Whether or not that happened in the shanghai composite or when it is probably the bigger question. When it gets this frothy, it is difficult to tell. Relative to amazon the stock is the march lows. Unbelievably overextended. This is nerveracking from the standpoint while you have the ultimate stayathome stock doing so well while the recovery sector of energy and financials are in bear markets, it creates the tension. It tells you tha
June. There are segments of this economy that were very strong before the pandemic and they are resuming their strength. There are other ones that are just plain baffling. I think we are all surprised that retail is doing better, but then we remember target, walmart, costco, these places added people and then the incredible one, the only sector that really seems to be being heard is the one that has the social distancing problem which is restaurants it seems the travel and hospitality people are gearing up and i think that these numbers do reflect the reopening of some states that are now troubled, but i dont want to put a negative gloss on this these are just very strong numbers and we are not where we thought we were or we would be, say, eight weeks ago we had a Strong Economy before, were seeing the strength again. So is this kind of number an Apple Closing Stores number or is this a disney still on track to open in july number well, i think these are numbers where we really felt th
Left in the session. Yeah. And, of course, it is that holiday shortened trading week so were watching this closely coming up on the show tesla shares surging up another 8 on the day. Tripled in the last six months were going to break down that move with former ford ceo mark fields and the Treasury Department says it has finalized terms of new loans to major American Airlines well speak with the ceo of Hawaiian Airlines in few minutes as well. Lets focus in on the big stories were watching in general today. Mike santoli is looking at market valuations with the dow above 26,000 Steve Liesman is breaking down todays better than expected jobs numbers and how to square the conflicting messages were getting about the economy. Meg tirrell monitoring cases weve seen in some states which dampened Market Sentiment when reported and Kayla Tausche is standing by for disclosures about who received billions in emergency aid from the government, but mike, first lets go to you. We have a tidy little r
Plus Michael Flynn Attorney Sidney Powell on the gop firing of buchanan looking a former top obama officials over answers of flynns unmasking. In South Carolina senator tim scott on how the peaceful demonstration can take back the narrative being hijacked right now by violent anarchists and other bad actors. Also tonight congressman digression holler on the escalating Police Department. I am Jackie Deangelis in for elizabeth donna. The evening edit starts right now. We are going to start tonight by going to Hillary Vaughn and washington, d. C. , she is the latest today on todays job number in the protest continuing across the country. Americas economy is bouncing back much faster than economist anticipated after covid19 shuttered businesses and stalled jobs around the country. Todays jobs report blue analyst expectation, the Unemployment Rate plummeting to 13 in may and ac added 2. 5 million jobs, e largest monthly gain since the government tracked in 1939. With Labor Participation ove