Wear something new from starbucks could ramp up the nonmeat meat wars it is tuesday, june 23 good afternoon. Welcome. Inbri i am Brian Sullivan futures are up triple digits again. Dow indicating a gain of about 200 points it is early but it wasnt always this way you had comments from white house advisor Peter Navarro yesterday telling fox news the trade deal with china is over. Do you think that president sort of he obviously really wanted to hang on to this trade deal as much as possible and make good on the promises because there had been progress made given everything that has happened and all the things you listed, is that over it is over. Apparently he had some comments there but what he said was that the trade deal was over that sent stock futures down nearly 400 points last night the white house quick to walk back those comments, however, and put markets at ease. The president tweeting last night, the trade deal is still on if china can live up to its terms and in a statement to
Major amples we saw a surge in cases for example, in other parts of the country that had not been as hard hit jim, i can go through a list of things this morning that perhaps would give investors pause in a different environment, whether it be beijing, and the recent closure of schools there as they deal with a surge in cases it is only 137 but nonetheless. Flights also there we will get the update from beijing. Layoffs at the likes of at t or hilton quest giving us gooit guidance that still speaks to the weakness of that business. Yet here we are with potentially another rally in store a half hour from now. David, all of those things you just mentioned were things that maybe we expected to happen im looking at 25 pieces of research that i have sent to you in synopsis, the vast majority of them are raising price targets. Why . Because the targets were slashed before we knew that the Federal Reserve was going to back stop all of these companies so the Federal Reserve is saying if you ar
Markets under pressure this morning to the tune of 100, 74 points lower, nasdaq is up 7 points. S p 501 just down a 500 just a point. House democrats passing Police Reform bill but not expected to make it to President Trumps desk. A bill bruised in the senate to allow autonomous zones as the president prepares to sign off on order to protect monuments. Unanimously passing sanctions in country in reaction to restrictions of hong kongs freedoms. 2020 race, new polls show joe biden leading in key battleground states. Mornings with maria is live right now. Maria Global Markets this morning. Cac quarante up 77 and dax index in germany 115 points. European central bank kristin lagard said the worst of the coronavirus is still behind him but concern of a second wave to come potentially. In ash overnight, markets were mixed, markets in china remain close for holiday. Asian economies head to worst quarter since 2008 in the financial crisis. Kospi was up 1 , and japan nikkei average up better th
Fbn power to prosperfbn power to prosperp . Prospern wer to Prosper Network ahead i with georgia doug collins, next hour mornings wit, stay with us. Bu vo at audi, we design cars that exhilarate with versatility, whether on the track or the everyday drive. Ilosophy extends to how we connect at your door. Ether a remote test drive, audi at your door can do this and more at participa audi at your door. Ma go thanks so much f[z im mari june 17. Fbtoeast coast coronavirus cases once again aases. Good news on pandemic this promise inngatients. Federal reserve chairman powell capitays there are sig rebound in the uncertnty remains and ier n pushstimulus. Markets are higher, were at the highs of the futures indicatinge will see of yesterdays big rally. The dow 58, ands p 500 up expected retail sales yesterday fueling a rally for stock and at the close the dow inde 526 points, better thanthe nasdaq was 170 s p was up 58 yesterdayofr olice an executive order pushingor training. Emphasized thepo
Which is indeed making a comeback. The latest numbers show a sharp increase in new cases, running to about 40,000 a day. The virus task force reconvenes today for the first time in two months. Some states are pausing their reopening program. That is a warning to the nations economy and the rebound. The wall street journal, this is an important warning for the president. The powerful Editorial Board bluntly said hes heading for defeat. Thats a warning for wall street, too, because a biden win would be a real challenge for stocks. So where are we this morning . Warnings duly noted. Ive got some red arrows there. The dow is down about 180. The s p down about 10. The nasdaq down about 15. Red arrows for three indicators. All right. Im going to call this a positive. Remember the mob that threatened to take down the lincoln emancipation memorial . They were supposed to attack it at 7 00 eastern last night . Well, it rained. The limited number of people who showed up retreated to shelter. The