On that. Charles, thank you. Whatever the answer, right, the markets are showing extreme optimism as we head into the final hour of trade. New vaccine hopes are adding to the mix and yes, right now, the dow is topping 28,000 by a single point. The nasdaq, back above 11,000. We are at 11,044. The s p is moving higher by 1. 33 after two straight weeks of selling. Oracle says its won its tech battle against microsoft to partner up with the chinese social media superstar tiktok but at this hour, Chinese Media saying yeah, but you didnt win the war. Top tech analyst colin gillis on whether oracle is getting snookered and Charlie Gasparino on those now crying crony capitalism. What does the latest Covid Vaccine progress mean to some of the pandemic stock superstars . The ceo and cofounder of okta is here on whether a return to work will cut into all the business hes done in the lockdown era. And the nfl is back and with it comes an explosion of gambling apps. One of the biggest digital sport
Cnbc im becky quick with joe kernen and Andrew Ross Sorkin the market has come under significant pressure this morning. And the nasdaq off by 143. Its all coming this morning a rough week for wall street 5. 5 that was the worst week since march 20th and all three are coming off of their biggest weekly losses and last month after last week. The dow and nasdaq for the month of june would be down with the projected losses that were looking at this morning. S p is already down for the month of june. Also keeping track of the treasury market this morning lets take a look at that. Treasury yields yielding 0. 08 crude oil prices under pressure this morning too this is a sign of how much is anticipated in terms of a come back not only here in the United States but around the globe and right now wti down about 55 cents. Still trading 35 though at 35. 71 andrew. Thank you, becky. I hope everybody had a great weekend despite some of these losses that were looking at in the market i want to start
Its development. And dozens of people are dead on fires of being forced from their homes after heavy rains and floods in and day parts of the canyon, capital nairobi, and on piece of statement with useful. Its kind of williams as being picked 1st and the nfl drives dakota back caves to chicago based on what was originally breaking day in detroit suite. The. So were going to begin this. These are with the increasing the Global Student led movement against israels war on god. So young people say theyre demanding an end to 6 months of violence in the gaza strip. Because governments in the United Nations on doing enough students in power so occupying the campuses of the seals, poll university, demanding the institution issue, clear condemnation of israels actions with demonstrations of also being taking place in australia for dozens of students. A set of tenants in front of the university of sydney calling for an end to its length with israel time being comp and some protests of expanded a
Guns to stop people who are committing Mass Shootings is not only illogical but offensive. Reporter this isnt the first time carson invited controversy. In 2014 he compared the Obama Administration to nazi germany. And he recently said muslims shouldnt be president. It may not be what carson said but how he said it that is controversial. Government guidelines for how to handle a gun shooting, as a last resort adults in immediate danger should try to overpower the gunman. Thank you. In iowa today. Major garrett asked jeb bush about carsons comments. I dont quite understand what that means. Reporter bush said the focus should be on the victims families and he has sccompassio for those calling for stricter gun laws, but disagrees. Name a case where gun rights being restricted out of washington would have changed the course of any of the cases. The bigger problem right now is that we have team that are, having growing despair, that are isolated from society, thats are disconnected from the
Now and forevermore. Narrator if animals are our best friends, shouldnt we be theirs . Visit your local shelter, adopt a pet. Youll be in my heart no matter what. Cbs cares. If you were a hippie in the 60s, you need to know. Its the dawning of the age of aquarius. Yeah, and Something Else thats cool. What . Osteoporosis is preventable. All osteos preventable . Right on if you dig your bones, protect them. All cbs cares today president obama personally apologized for the american air strike on saturday that killed 22 civilians at a hospital in afghanistan. He phoned the head of Doctors Without Borders which ran the hospital and he also called the afghan president. The u. S. Commander in afghanistan said the attack was directed by american troops after Afghan Forces called for help. He called it a mistake. Doctors without borders says it still wants an independent investigation. Today prosecutors in oregon said the gunman who killed nine people last week also shot at two detectives. They