Continues to debate the next stage of emergency measures. And as the nasdaq underperforms. Its very interesting. What is the biggest driver of it is yesterdays winners that, thomas leading the declines is it that people are at home with more stimulus money that sort of a narrative in the all fangangs, tesla, zoom, ebay. Media. What do you think it is . The dow up is 1 s p 500 is up about 0. 6 , sara well, its no the so much to big show coming up. Jonathan tisch will join us and to go out for a walk anymore the Face Covering debate for people are sitting at home and doing whatever they can do on hotels hell talk a little nfl. The screen plus, testing delay snarl and training is very exciting efforts to trace and control the virus in this country, well thing. Speak with the ceo of labcorp. And what about the regions, thomas is this big jump particularly an individuals activity only so and were talking about a massive afternoon of earnings, prominent in the u. S. Or elsewhere too . Snap,
Coming up, in a few moments, Global Investor mark mobius will join us. Chinese equities see a big week of gains they slipped a bit this morning. Shares of carnival jumping after they gave an update on the state of its business. Well speak with the Ceo Arnold Donald in a cnbc exclusive and Major League Season starting the season in florida. Well speak with the leagues commissioner about the risks and reward of taking to the field. We look forward to all that. Sara, up 0. 7 on the s p 500 lets start right there with the markets. The we have seen a big swing intraday futures starting off in the red. Hopeful signals then coming from gilead about the coronavirus treatment. Helping turn things around early. The company saying it was associated with an improvement in clinical recovery and 62 reduction in the risk of mortality compared with the standard care. Lets get to mike santoli tracking the moves in the names and sectors today. Yeah. Sturdy Performance Today solid week you would have tho
Record highs that has the nasdaq setting a record as well better than expected home sales in the u. S strong activity numbers out of europe as well uk, australia to name but a few. Were up, sarah, nearly 1 on the s p 500. Ahead on todays show, a big first on cnbc interview with howard marks fresh off his latest memo. He said the odds are not in investors favor and whether he sees any opportunities right now in the market plushgs connecticut has certainly seen an encouraging dropoff in coronavirus numbers of late. Well ask governor lamont about his advice for states like florida, arizona and texas that are seeing their cases swell and how hes trying to keep those cases out of his state lets focus in on the big stories were watching mike santoli tracking todays rally. Meg terrell has the highlights from Anthony Faucis congressional testimony and phil lebeau is covering another volatile session with the Airlines Start us off with the Broader Market on the three month anniversary of the ma
Tweet us cnbc fast money. Lets start with a strong start to the week for the markets. In fact, recordbreaking close for the nasdaq tech leading the way it has done so often guy, your take on todays rally. If we snapshot today, guy, Half Way Point of the year, the dow is down 8 or so the nasdaq 100, up 21 , almost a 30 differential will that be repeated in the second half of the year . Well, first of all, its great to be with you you know, im a huge fan of yours. Ive mentioned that number of times. So. Thanks for hanging out with us this evening. Thanks for having me, guys. Im hard pressed to believe that you can come anywhere close to having that same kind of out performance in the second half but i have to say, i didnt think it would happen in the first half of the year so who am i to sort of speculate on that. What i will say in terms of the s p 500 with its move basically within a whisper of its alltime high if you assume 130 worth of earnings for the s p 500, which is a pipe dream,
59 minutes left of trade nasdaq 100,. 2 from a record closing high set in february hard to believe. Seriously is hard to believe. Were up 0. 4 . Coming up on todays show, despite growing dissent, tech stocks once again nearing all time highs well discuss the outlook for the sector amid new challenges with investor dan niles. Plus, powerful words from one of the biggest icons in sports, nba lenld, Kareem Abduljabbar will join us with his compelling message for all americans about the need for what he calls a rush to justice. Lets focus in on the big stories we are watching in this final hour of trade. Mike tracking the Market Action as always. Julia boorstin following the cory russ of dissent inside facebook and courtney covering the civil unrest mike, start us off with the Broader Market and this continued strength we are seeing yes, continued, persistent strength its a day when its gone a little bit away from the nasdaq leaders that were were so familiar with. That trend has remained