Demanding racial equality take to the streets in berlin theyre calling on germany to confront racism within its own society as hundreds gather to show solidarity with the black lines matter a movement. Im married to evanston its good to have you with us the European Union has pledged nearly 5000000000 more euros to help Vulnerable Countries battle the coronavirus pandemic the moneys being raised at a summit organized by the e. U. And International Aid Group Global Citizen the goal is to make potential vaccines tests and treatments affordable and accessible worldwide. For a short while ago European Commission president or slow funder lyon address the need to expand access to potential. Vaccines we need to invest in producing vaccines at unprecedented speed and scale and a task of this size can only happen if the world unites we need our best scientists to Work Together we need our Global Health organizations to join forces and we need governments business and philanthropist to step in a
Demanding racial equality take to the streets in her lip theyre calling on germany to confront racism within its own society as hundreds gather to show solidarity with a black lives matter planned. Im married to evanston its good to have you with us the European Union has pledged nearly 5000000000 more euros to help Vulnerable Countries battle of the coronavirus pandemic the moneys being raised at a summit organized by the e. U. And the International Aid Group Global Citizen the goal is to make potential vaccines tests and treatments affordable and accessible worldwide. A short while. Go European Commission president or still of underlying address the importance of expanding access to potential vaccines we need to invest in producing vaccines at unprecedented speed and scale and a task of this size can only happen if the world unites we need our best scientists to Work Together we need a Global Health organizations to join forces and we need governments business and financial 1st to st
Independence day weekend along the water, our reporter dave clark, nice to see bridge. We dont see a big backup at tells us that they are raising you. Concerns about trash collection you are here a little bit later, the toll plaza. If you are driving to San Francisco it should be good. Because youre in for mike around the east bay we have a today. To fire danger, and of course, nice looking drive on highway the spread of the coronavirus. Yes, i am in for mike today. Four. Theres not a lot of slow traffic. There you go. You can see the spots where we have slow traffic are light at the moment. Lets go back to the headlines. Health experts see kyla grogan is and for skyrocketing coronavirus cases in San Francisco, city leaders steve. We have colleagues enjoying time off. It seems like they will have a are now warning travelers, do not visit the city this fourth like every fourth of july with the bay areas weekend, every Holiday Weekend, nice weekend. The moon this morning was of july week
That jobs news to end this holidayshortened week. Check the futures. The dow pointing to a jump of 459 points. Good for a 1. 75 gain. Strong gains on the s p and nasdaq. By the way, the nasdaq in record territory once again, led, guess what, by the big tech names that we follow so closely. All of these names right here are in record territory this morning. Lets begin with tesla, up another 9 this morning after reporting more than 90,000 sales last quarter. That absolutely blew away that word we dont like to say, expectations, and up the stock goes. 102. What a ride for tesla. Amazon, that stock closing in on 3,000 a share. Certainly amazon has been the winner during the lockdown. Microsoft, solidly above 200 a share. Microsoft also doing very well, thank you very much. Everybodys watching netflix these days. Huge winner during the pandemic. That stock coming close to 500 a share. Well, President Trump is well aware of this rally. He tells fox business that the market, though, will cras
Liz i do think spreads are important to watch. We always know theres a tight connection between the credit markets and the equity market. Especially high yield vs. Equity and i agree that when spreads got as compressed as they did, there was probably not sufficient compensation for those hotelers for the likely risk. Were seeing in it bankruptcies, which have spiked back up. They had a spike in may, leveled off and theyre picking back up back to 2009 levels and i do any what happens with spreads and more broadly in the credit markets, as it did in the march time frame will inform what happens in the equity market. Equity investors need to have a particularly close eye on the credit markets right now. Were seeing about a 50 uptick in terms of your average trading for the nasdaq. And what are you expecting for next week . As renee was telling us earlier, were heading towards a shortened week. Early data on the labor market only thursday because of the ourth of july holiday weekend. Lils