And joe santoli. Joe and andrew are off today with the storm and everything going on, thank you for being here it was one nasty storm. It did a number when you think about businesses dealing with a lack of power, it is like the plague coming down well start this morning with the markets. Nasdaq with the fifth straight positive day up 22 for the year to date. Pretty good day for the dow and s p. S p indicated up close to 20 points the dow up close to 200 points and the nasdaq up as well. The treasury story has been incredible yesterday, the 10year note at a record low this morning, the yield is at. 526 it seems the context is the same, which is the dollar weaker you see that downward pressure foreign treasuries can buy our equity yield we have bond yields below inflation. That means huge tech stocks that means gold and bonds b. What are the implications for this market and the companion market corporate wise, you have earnings better than give uptype forecast analysts could have a good
Decision about Education University of california campuses. Will no longer require High School Students to submit an a c t e r s a t score for admission. Thanks for being with us tonight at 8 oclock everybody im grant lodes and Vicki Liviakis to use the regents voted unanimously to eliminate the exams today. Its the latest attempt to address fairness when it comes to getting into college. The s a t and a c t exams have long been criticized for favoring wealthy white High School Students. The new policy calls for those tests to be suspended through the year 2024. As the University System works to develop its own testing standard. The exams will be completely eliminated by 2025 even if the new you see specific standard test isnt approved yet and tonight californias top educator says that longawaited guidance on how to reopen schools in the fall. Could be coming in a matter of days today, educators from across the state weighed in on what they believe the process should look like our firs
Climbing 8. 86 how do we interpret the market is the market heartless in response to the plea of the protesters is the Market Making judgments about the difference between violent protest and passive resistance i know many people wish it would. They want the market to be part of the debate. They want it to play a constructive role in the dialogue over racial ee qualiqur go down to express empathy for the troubled times were living through. Thats not how it works. The truth is the markets blind because it has no eyes its deaf because it has no ears its a convenient abstraction, not a personal opinion investors make judgments until recently nobody was investing with an eye toward making the world a better place whatever that might be now there is a Younger Generation of investors with hearts in their heads. I share the sentiment. For the most part people pick stocks because theyre trying to make money we buy stocks at companies, Good Companies with good longterm prospects. Mainly ones th
Than many expect weve got an exclusive with volvo ceo. It is june 3 here on Worldwide Exchange on cnbc. Good morning. Welcome from wherever you may be watching thank you for starting orphanishing your day with us. Economic optimism is in the drivers seat now to kick off this wednesday much the market is doing what they do. They look months down the road and seeing Better Things ahead economically and socially. Stock futures up dow futures up 145 major averages are up near 40 , the s p up 30 nasdaq up 40 at its highest level since january. As far as driving and extending the output cut brent crude over 40 for the first time in more than 90 days a similar story around the world. Stocks are higher in every asian market china, hong kong also higher look at the european markets germany continuing the german dax index is up 12 in a month you can complain all you want about what is going on in the United States, Global Markets are acting the same way. Lets get more now on the protests around
This is after this is announced and we get more data, were still, there are a lot of rumors out there but what is actually happening. We want to get the facts and data make policy based on good data. Reporter [inaudible]. Reporter mr. President , how is your administration addressing the comorbidity secretary azar isesponsible for a lot of coronavirus deaths, hypertension, diabetes, obviously closely connected to our food supply. We want people in our country to be healthy. Hows it every country address it . We want our people to be healthy, happy, we want them to have all the benefit they can have including health care. The Republican Party is strong on health care as you know, that includes preexisting conditions. We have done a terrific job on health care. Then we got hit by a plague nobody ever seen before outside of maybe 1917. I think weve done a incredible job producing ventilators and testing right now. You saw the numbers. Were over 12 million tests. That is three times more,