The dow is looking for about a 300 point gain right there at the opening bell. S p up about 34. Look at that nasdaq go. Technology is doing well, up 104 points. Thats premarket for the nasdaq. Now, lockdown winners. Clearly emerging. Lowes, the Home Improvement people, headquartered in North Carolina. Profit up 28 . We stocked up for the lockdown. Target, they really organized their online delivery and store pickup operation, lumped together under digital sales, up a whopping 141 . Walmart, same story. Stockpiling helped them, too. Amazon, kings of the online selling business. Boy, did they clean up. The stock is near a record high. And the netflix, well, they are the kings of the streaming business. What else are we supposed to do when we are ordered to stay home for weeks on end . There are a lot more virus winners and we will go through them throughout the show. Meanwhile, the revolt continues all across the country. Businesses are defying the authorities and opening up despite the
Points. But as more people go back to work, could the sudden tech spending boom that was triggered by the workfromhome movement, could it disappear as quickly as it began . Chairman and ceo of adobe, this is a Favorite Software company of small and medium sized businesses, he is here, first on fox business, on whether we all kind of borrowed from future tech spending to ramp up connectivity and what it might do to tech stocks coming up. With the memorial day holiday soon upon us, will americans give us that once in a lifetime visit to europe or somewhere else for a Summer Vacation closer to home . The ceo of the Worlds Largest travel Marketing Company says one hotel in particular thats announced it will reopen is proving to be the biggest vote of confidence the nation could get. Which hotel and where it is, coming up. Plus, Hedge Fund Hot dogs, pandemic rebound stocks and charlie breaks it on directvs future at at t. Less than an hour to the closing bell, lets start the claman countdow
The Global Economy is on its way to a long lasting global recession and its latest Global Financial stability report the International Monetary fund said the bank sector will struggle to generate profits through 2025 and White House Health adviser Dr Anthony Fauci told the n. B. C. Prolonged lockdowns could end up causing arab reparable damage while still warning that states over relaxing social distance restrictions to quickly well new corona virus infections surged in latin america the region surpassed the u. S. And europe with the largest number of new cases in just one day and mexico are also contributing to those high numbers Mexican Health authorities reported a daily record spike of more than 2173 infections on thursday alone while argentina pushed its critical deadline for its 65000000000 dollar debt latin americas 3rd largest economy agreed to continue talks with their creditors through june 2nd. And in a rare move china drop its g. D. P. Target for 2020 the worlds 2nd largest
Weekly magazine reported on may 1st and 13th, he visited the tokyo home of a newspaper reporter, where she suspected of gambling on mahjong, after the government requested people to refrain from nonessential outings. The resignation is called for if the report is true. Translator i have to say thatat he is disqualifified as leader of the organization. I think he should resign immediately. Prosecutors plan to hear from him on the media report. Some at the Prosecutors Office say the report comes at the worst possible time as lawmakers are debating the enactment of a bill to extend the mandatory retirement age of public prosecutors. He is an essential figure and delayed his retirement by altering the conventional interpretation of the law, the first time a prosecutors retirement was extended. Pop siciopposition parties have criticized the move saying the cabinet wants to make him the general, and that hes easily controlled by the government. The japanese government plans to formally endor
Racist post on instagram. A south Bay Private School issuing an apology tonight. And my heart is overwhelmed. Im still in mourning, but im grateful. Im grateful that we can keep his name alive. And a call for action after a Police Shooting inside an east bay walmart. Tonight the death of george floyd renewing calls for justice in other cases. We begin tonight with that breaking news in the south bay. Evacuations just lifted where six separate brush fires broke out in san joses santa teresa neighborhood. Those fires have now merged into a larger fire burning off colleen drive. Lets bring in nbc areas ian cull. Ian, do investigators at this point, even early on, think it was arson . Reporter in fact they do, jessica. They say when they arrived, there were a string of fires along the hillside here. And when some of the crews were going up, they say they saw three people running down the hill. Two of them got in a car and took off. One was quickly detained. The good news is no homes were d