Side 59 minutes heft in the session. Ahead on the todays show, within striking distance of the lows, Liz Ann Sonders weigh in on whether it is too late to get into the market rally. Plus, well speak from twillio ceo. Think lost steam on the back of the earnings and a stock offerings. Lets focus on the big stories joining us to talk stimulus in the Capital Gains tax is Chris Krueger. But first, mike with you and the Broader Markets. Stepping up a little bit from the highs. We have they make a very near approach to the closing highs from february about 3383. Right now somewhat lower than that this is a twoyear chart of the s p 500. Still doesnt look like much of a moderation in the trend. The v bottom off that december 28 nl lth low, we did get abovee prior september high we had a little followthrough for a new high then the occasion for really the first decent pull back of that run. Also very big moves in treasuries and gold. A lot of the hot money having a little bit of a violent day t
Add that to concerns over the virus caseload and youve got this. The dow industrials, down 700 yesterday, down maybe another 200 this morning. The s p down 80 yesterday, down another 20 today. The nasdaq yesterday, down 200 points. Today, down about 13 points. A sea of red ink over there. A big loss especially for the dow. 1. 48 million new jobless claims this past week. Now, thats not a good number and it pushed stock prices just a little lower when that news was released at 8 30 eastern. Now, today, President Trump heads to wisconsin. Good timing. The democrat governor there has just called out the National Guard. A protester wielding a baseball bat and bullhorn harangued a restaurant crowd. He was arrested. Molotov cocktails were thrown, the Police Needed help. Governor evers sees the light and calls in the National Guard. Same thing in washington, d. C. Hundreds of National Guard troops now marshaling. They will protect the capitals monuments. Thursday, june 25, 2020. Varney compan
Hour as he is in wisconsin right now, far northeast port of that state in the city of marinet. As the president will be at a shipyard there, you reason he is there, the ship in the back of the picture there, that Company Involved is getting a 5. 5 billion contract to build 10 of those very exact ships. 1000 jobs to come into that area. You will likely hear the president tout that and job creation in wisconsin. That state, the badger state has been a focus for the white house and the Trump Campaign this week. There is a pretty good reason why, when you look at the history there, democrats won seven consecutive president ial elections. President trump flipped that state in 2016, winning less than 1 , 22,000 votes. 10 electoral votes are in play in november. The polls right now, if you listen to them, look at them, believe them, not looking good for the president , the real clear politics average he is down to joe biden by eight points. Highly respected Marquette University law has same e
Honest numbers, do you believe the numbers in china . Colorly the chinese correspondent been more trance parent we woofer had a better understanding of the virus, today we see them with holding information. Data suggests we passed the peak in the u. S. Theres a decline in kasss around the country. Dont socialize yet. This is a highly contagious virus. A person can spread the virus. Thursday around the Trump Administration will present a new set of guidelines to governors how to reopen the states. The do you lost close to 2 . The nasdaq dropped 122. Energy shares fell as oil prices reached an 18 year low. Clotting sales down 50 . The collapse is bigger than the worse months of the great recession. According to Global Retail research 60 of the retail square footage. Many Business Owners are considering how they will accommodate social distancing. A look at the changes ahead for businesses. Reporter it will not be business as usual when the businesses reopen. Owners are trying to figure o
Last month the president tweeted that sondland is a really good man and a great american. The democratic president ial debates will resume tonight with a new pecking order on display. Pete buttigieg sent to take the stage in atlanta is the emerging frontrunner in iowa. His percent nine percentage point lead in the back in iowa is a sign of strength for the parties moderates. Its also a sign of democrats hopes to put georgia in play in 2020 and it pick up opportunities from two u. S. Senate seats. Di arabia and russia the two countries have been the leaders of nearly threeyearold alliance to curb Oil Production but russia has not complied without those levels for three months in a row and its making more money. Meanwhile the saudis have bore the brunt of the cutbacks. Global news 24 hours a day on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Vonnie live from new york im bonnie vonnie quinn. Welcome to Blo