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
City has been has seen more cases and deaths than the rest of the country. Im sorry kelly welcome to the program a leaders are holding a Video Conference at this hour on a Financial Plan to help the bloc emerge intact from the worst economic crisis in its history the Virtual Summit is the 1st step in what are expected to be difficult negotiations they are discussing an unprecedented 750000000000. 00 euro carona Recovery Fund leaders will meet face to face next month for the 1st time since the Coronavirus Crisis began in february. And lets head live now to brussels where. This is following the talks for us and there are certainly big political fault lines in these negotiations so where are those lines drawn. Absolutely sarah leaders being glued to their t. V. Screens now as this Virtual Meeting has started and you have a number of counties that are formed ever since the german chancellor and the french president stepped forward and said mutual debt is an option its a must if you want an
A standstill but millions continue to flee conflicts persecution and discrimination will be speaking with the u. N. High commissioner for refugees. Im sara kelly welcome to the program a new leaders are holding a Video Conference at this hour on a Financial Plan to help the bloc emerge intact from the worst economic crisis and its history the Virtual Summit is the 1st step in what is expected to be a difficult negotiation they are discussing an unprecedented 750000000000. 00 euro carona recovery front leaders will meet face to face next month for the 1st time since the Coronavirus Crisis began in february. And lets head live now to brussels where. This is following the talks for us and there are certainly big political fault lines in these negotiations so where are those lines drawn. Absolutely sara leaders speaking kluge through their t. V. Screens now as this Virtual Meeting has started and you have a number of counties that have formed ever since the german chancellor and the french
A standstill but millions continue to flee conflict persecution and discrimination well speak with the u. N. High commissioner for refugees. Im sorry kelly welcome to the program 8 leaders have wrapped up a Video Conference on a Financial Plan to help the bloc emerge from the worst economic crisis in its history the Virtual Summit was the 1st step in what are expected to be difficult negotiations on a 750000000000 euro carona Recovery Fund the leaders will meet face to face next month for the 1st time since february heres whats german chancellor Angela Merkel had to say after todays meeting he dont have to be doing this are of us spoke about the positive aspects that also. Brought up a criticism where appropriate or not there are still big bridges that need to be build thats clear but it was a very constructive discussion and there are there constant lets bring in Richard Walker who has been following the story for us from brussels so she said a bear very constructive discussion theref
On in hong kong with china over the weekend saying the security law could override hong kongs legal system. We she we see shares on the hang seng. 23,469 for the hang seng. The csi 300 pointing positive. Showing the resilience across these benchmarks. The kospi as well, we did get those export numbers. A slump easing a bit. Not very encouraging when it comes to exports of chips. Only a gain of 2. 6 . We saw a 13 advance in may. Perhaps this recovery is in an early nascent sense. The p cop, lowered by 910s of 12 . A decision coming through bank of centro and the rbnz later this week. Later on when it comes to assets, the disappointment has been with the china lpr, which they did not do anything. Given the credit numbers we have gotten, perhaps it was reason to pause. The selloff in bonds, are we going to continue to see that change . Ozzie yen, you are seeing a perk up aussie again, you are seeing a perk up. The dollar is rising for a fifth day. We have seen some flareups in australia.