Into the end of the year. Some say good for him, it is about time we focused on hiring americans. That and more on making money. Charles apple, amazon, microsoft, facebook, netflix, yeah, all in record territory folks. [inaudible]. Sectors are higher with tech and Communications Services leading the way. As new home sales may have smashed expectations for may. 676,000 was the number there. Richmond fed manufacturing number saw a huge improvement. Then is was the bmi number almost at expansion. Wall street analysts and titans theyre coming around despite the fact they get hammered in the Financial Press for being optimistic. Credit suisse joined Morgan Stanley saying yes, well have stronger stock gains this year. Steve schwarzman says economy in for a big vshaped bounce. Where should we invest right now as we Gain Momentum . I want to bring in belpointe strategist david nelson and Heritage Capital paul schatz. Let me get your initial thoughts on the current action in the market the last
That converted the selloff into a rally. Then came news that European Manufacturing is recovering rapidly from the virus lockdown. That helped the market. Look at it go. The dow is going to be up close to 300 points at the open. The s p, 31. The nasdaq, very solid gain, 70 points. Now, heres another reason for the rally. Big tech, it continues its run. You are looking at premarket prices for apple, microsoft, facebook and netflix, amongst others, all four hit record highs monday. The big tech surge dominates the market. Big tech is pushing higher. Investors this morning ignoring scenes like this. Chaos in d. C. Last night. Right outside the white house, demonstrators vandalized a church, they tried to pull down the statue of Andrew Jackson and they also tried to establish their own seattlelike autonomous zone. This is happening in our Nations Capital right in the center of government. The president s had something to say about this. He obviously doesnt like it. But no word yet from joe
14 points. What is going on here . First of all, there are clear signs the lockdown is ending and the economy is expanding. Theres been a big jump in Mortgage Applications and a surprisingly small drop in private sector jobs in may. We are going to check the other indicators for you. They proiare pointing towards growth. June appears to be the turning point. As for urban unrest, look, its very hard to be positive when you see razor wire around saks fifth avenue in new york city. Overall, violence was down last night. Peaceful protesters were out in force and that, in my mind, is a very good thing. Green shoots, something positive this wednesday, june 3rd. Varney company is about to begin. Stuart i think the story of the morning has to be calm. Protesters turned out across the country last night, some defying curfew orders in major cities, new york and d. C. , but it was by and large a calm night. A welcome contrast to the past few nights of mayhem and looting. Now, the night was not fr
3,000 u. S. Troops to europe as the threat of a russian invasion looms over ukraine. Hello, welcome to America Reports for a wednesday, john roberts in washington. Sandra, good to be back with you. Sandra great to see you. Welcome back. Sandra smith in new york. Additional forces are deploying to poland, germany and romania, all of which are nato members, on top of the 8500 troops already on high alert and ready for deployment if needed. John the pentagon says the u. S. Is committed to defending nato allies as tensions rise, and new Satellite Images reveal the extent of russias military activity in the region. Sandra steve live in kyiv, what is putin doing now . Whats he doing now and whats he going to do, the question many World Leaders are asking themselves. Putin kept quiet about ukraine for a month, he broke the silence yesterday in classic passion. Twisted it around saying the u. S. Was trying to drag russia into war in ukraine, not mentioning the massive buildup of Russian Forces
3,000 u. S. Troops to europe as the threat of a russian invasion looms over ukraine. Hello, welcome to America Reports for a wednesday, john roberts in washington. Sandra, good to be back with you. Sandra great to see you. Welcome back. Sandra smith in new york. Additional forces are deploying to poland, germany and romania, all of which are nato members, on top of the 8500 troops already on high alert and ready for deployment if needed. John the pentagon says the u. S. Is committed to defending nato allies as tensions rise, and new Satellite Images reveal the extent of russias military activity in the region. Sandra steve live in kyiv, what is putin doing now . Whats he doing now and whats he going to do, the question many World Leaders are asking themselves. Putin kept quiet about ukraine for a month, he broke the silence yesterday in classic passion. Twisted it around saying the u. S. Was trying to drag russia into war in ukraine, not mentioning the massive buildup of Russian Forces