Investors seem to be more optimistic as Congress Continues to work on another federal relief bill. The president at the bottom of the hour scheduled to deliver another news briefing. This as tensions between the u. S. And china continue to escalate. The u. S. Has ordered that the chinese consulate in houston, texas to close china to close. China is calling for the u. S. To revoke the decision and is warning that the u. S. Has more diplomatic personnel in china than vice versa. Joining us to break down the market avenue big the Market Action are Abigail Doolittle who has following who has been following the action. Abigail tesla delivered. Considering you have the stock of more than 280 on the year going into that report. Before we look at that stock specifically, it has been another interesting, slightly choppy day. More sleepy at the end of the day. We saw this late day surge climbing. Not huge gains. We had stocks of flat. Nasdaq down at the end of the day. This s p 500 higher. This
And interesting. And did you pick a great week to tune in. Over the past few months we brought together experts in several fields all around the topic of returning to work. Today were thrilled to be joined by two of the most filling therapist in the world. Phil and Melinda Gaetz have dedicated their lives to advancing science in improving Public Health among other initiatives. The u. S. Chamber foundation has a deep relationship with the gaetz foundation and for more than a decade we Work Together on k12 and post secondary education reform. We value their partnership and very pleased to have built and Melinda Gaetz with us today. As youve likely seen bill brought attention to the risk of a deadly Global Pandemic. Sadly, his warning is now our reality. The good news is he and melinda have committed themselves and the organization to find you dissolution and that gives us all a sense of hope. The bill and Melinda Gaetz foundation has committed more than 300 million to the global covid19
Joined by two of the most impactful philanthropists in the world. Gates havelinda dedicated their lives to advancing science in improving Public Health among other initiatives. The u. S. Chamber foundation has a deep relationship with the Gates Foundation. Reform. We value their partnership and very pleased to have built and melinda gaetz with us today. As youve likely seen bill brought attention to the risk of a deadly Global Pandemic. Sadly, his warning is now our reality. The good news is he and melinda have committed themselves and the organization to find you dissolution and that gives us all a sense of hope. The bill and melinda gaetz foundation has committed more than 300 million to the global covid19 response. We are so grateful for the leadership during this trying moment and excited to talk to them today, this episode was prerecorded to fit their busy schedule so they will not be audience questions at the end of this time but there is a lot we get to talk about so lets get to
In may, it was revised to a gain of three million jobs. Initially a drop of 2. 75 million was reported for may. Thats a huge revision and a very bullish sign that the economy is ready to come back once it reopens. Also, by the way, we get the jobs report for june tomorrow. A gain of three million jobs is expected as the nation begins to open up and by the way, larry kudlow will join us on that very subject tomorrow morning. Do not miss it. We are seeing a battle, meantime, between government and business once again as cases of the virus rise in some areas. In houston, the mayor putting several businesses on a socalled wall of shame on the citys website after they defied lockdown orders. Those businesses, all bars, by the way, not happy at all. In arizona, a gym owner is suing the state over the order to shut down again and is vowing to remain open despite those orders from the governor. Confrontations are arising. Another battle as we head towards the long Holiday Weekend, whether or n
But 19 we take a look around the globe to check on the spread of the virus with a packed show today so lets dive in. And chinas new National Security law is having a huge impact on businesses and finance in hong kong as we have been telling you the new National Security law which took effect on tuesday is aimed at banning secession subversion terrorist activities and collusion with Foreign Forces to endanger National Security now but now it appears that millions of companies that do business in hong kong as asias Financial Center could be in danger of violating that law now that could mean penalties ranging from fines to having funds confiscated Chinas Ministry of Foreign Affairs says that those who follow the law have nothing to worry about in the hong kongs National Security law regulates or types of criminal acts that seriously major National Security punish a very small not. Protect the vast majority the rights and interests enjoyed by a large number of hong kong residents and fore