Good morning and welcome to the show im dominic chu in today for Brian Sullivan lets get to the money and markets how theyre setting the day up solid gains. You can see here dow futures indicated higher by around 400 points a nice move there. The s p 500 up by 44 points and the nasdaq up by 150 turning now to whats happening with the bond market the yields moving higher currently at 69 basis points or 0. 69 . The two year note about. 16 and the 30 yearlong bond 1. 45 as well very strong from the starting position and you can see that now that translates to gains of less than 1. 8 on the ftse and typically its been one of the underperformers but you can see out in front today the u. K. Stock market not the 2 but also getting back some of the territory has been the german dax, 1. 5 you can see it suggesting a broadening out of this rally around coronavirus its up 6. 9 we had the resignation of the chairman and the ceo activists want job cuts. The unions had success against the Management
At 5 30 p. M. Eastern. Later in the week debate on the Police Reform bill introduced by South Carolina republic and senator tim scott. Now live to the senate floor on cspan2. Senate will come to order. The chaplain, dr. Black, will open the senate in prayer. The chaplain let us pray. Eternal spirit, the source of our joy, were grateful that you still speak to us. Continue to communicate with our lawmakers through the voice of conscience. Enable them to maintain a clear conscience before you and humanity. Continue to speak to them through the precepts in your sacred word, providing them with a lamp for their feet and a light for their path, as they navigate through this challenging season. Continue to speak to them through the unfolding of your powerful providence, Opening Doors you desire them to walk through and closing doors that lead them away from glorifying you. And lord, when you speak to our lawmakers, give them the wisdom to listen and obey. We pray in your gracious name. Amen.
Watching temperatures climb as we look ahead to the middle part of the week with the strong ridge of High Pressure in place. Changes by the end of the week, i will talk about that in a few minutes. Im anne makovec at the live news desk, coming from, worry about file . The west nile virus has now been found in in mill pedes. Thats according to the district. They will start treatments to try to get rid of the mosquitoes later this week. Its coming from 95035. Thats the zip code. They will spray the zip code area with chemicals from a truck on thursday night. They started to leave door hangers to notify people of the planned treatment and giving notice on social media platforms and the county alert system. They said the treatment is safe, no need to relocate while this is going on, and the treatment has been approved by state and federal regulators. Back to you. Happening today, San Jose City council will discuss possible police reform. It comes after the police chief announced change in
That is growing. The nasdaq was up 110 and s p up 38 points, one and three quarters percent higher across the board. George floyd will be layed to rest today in houston, this as calls to defund even disband Police Departments across the world intensify. President trump, though, holding firm saying we cannot give up on Law Enforcement opposing efforts to Defund Police forces. Turn to ongoing battle against coronavirus, the World Health Organization says that the spread of the virus by people who are asymptomatic appears to be rare as some cases seeing rise in case this week. Mornings with maria is live right now. Global markets this morning red across the board. Take a look at european indices. Cac request rant in paris 89 and germany by 237. The economy will decline 5 and a quarter percent in 2020. Take a look at asian markets overnight with the best performer there hong kong, hang seng index up better than 1 . Some of the top stories that we are watching this morning, President Trump
Trade after huge gains yesterday. Lets get your top headlines today. The grand reopening. Italy removes most restrictions on life after months of coronavirus lockdown. International visitors will not be subject to quarantine. European futures gain across the merkelespite a delay in s stimulus plan. Lufthansa commits to a deep Restructuring Plan after seeing a firstquarter net loss of more than 2 billion. Plus, thousands deny curfews in the United States but clashes with police are limited. The pentagon sent activeduty army units into d. C. , calling it a planning measure. Just under an hour away from the cash trading in europe. Any of those negative headlines dont look set to deter this rally. We are looking at big gains in futures. The futures up 1. 5 after germany future index put up a points more than 430 yesterday, powering about 12,000, looking set to open very risk on. Today you can see ftse futures up more than 1 . U. S. Futures are gaining as well. Dow jones futures are up more