Actions taken on pandemic and how money is being spent today. Getting america back to work today, larry kudlow will join me today at 8 30 a. M. Eastern live on the reopening of American Economy and rebound hes expecting and what if any additional stimulus is needed. We will also get into china. Turn into markets this morning. Futures are turning direction this morning. We are expecting weak opening this morning for stock prices, s p futures down 10 and nasdaq futures lower by 12 this after positive news from moderna on vaccine trial help fuel strong rally for stocks. Dow industrials up 911 points yesterday almost 4 . The nasdaq was up 220 points and s p was up 90 all the major indices up 2 and a half and 3 and a half percent. A closer look at the Pandemic Impact on retail this morning, this morning we will get walmart, hem depo who remained open reporting earnings. More stores and malls are reopening even in the face of bankruptcy elsewhere. Who would be held responsible . Attorney gen
Here it is, word for word, quote, trump says china may or may not keep the trade deal, end quote. That sent stocks into the close. Check out the move on the nasdaq, for instance it was up big for most of the day and the sharp slide in the final moments of trade ditto for the s p 500. So guy adami, is china back in play here . Is this the next big risk factor for the markets . Yes, and before i get into great detail, i have to wish tim seymour, as he power pitches today, a very happy birthday just wanted to get that out. Happy birthday, tim seymour what was that very kind thank you. Yeah. I absolutely think this is a big deal and we started talking about it last week, and not in terms of their trade deal or where theyre going to keep their end of the bargain and in terms of some of the rhetoric coming out of the Trump Administration what im commenting is the rhetoric seems to be getting louder and in no way, shape or form is that market bullish especially given the fact that the markets
Breakneck pace, the Labor Department says about 2 million jobs are created in the first 11 months of the year. Thats an average of a hundred and 80000 a month. Then employment rate dropped to 50 year lows and your some minority groups felt the lowest its ever been. Workers have seen the average outing wages increase in healthy pace, by about 3 in the costofliving remains low. The economy continues to chug along at a solid pace, and fears of a reception that we did have earlier in the year have mostly abated. And all of this positive news, there are consumptive concerns. Especially for certain companies. Boeing is one of the countrys major manufacturers had a 737 max played and grounded in march following two deadly overseas crash sprayed the temporaries temporarily suspending production as they block the aircraft them coming back into service. More brickandmortar stores are payless and gymboree, have bankrupt or close locations. As en route let online retailers eat away at their market
The first 11 months of the year. Thats an average of a hundred and 80000 a month. Then employment rate dropped to 50 year lows and your some minority groups felt the lowest its ever been. Workers have seen the average outing wages increase in healthy pace, by about 3 in the costofliving remains low. The economy continues to chug along at a solid pace, and fears of a reception that we did have earlier in the year have mostly abated. And all of this positive news, there are consumptive concerns. Especially for certain companies. Boeing is one of the countrys major manufacturers had a 737 max played and grounded in march following two deadly overseas crash sprayed the temporaries temporarily suspending production as they block the aircraft them coming back into service. More brickandmortar stores are payless and gymboree, have bankrupt or close locations. As en route let online retailers eat away at their market share. Several companies have once seen as the darlings of a new economy, fel
The first 11 months of the year. Thats an average of a hundred and 80000 a month. Then employment rate dropped to 50 year lows and your some minority groups felt the lowest its ever been. Workers have seen the average outing wages increase in healthy pace, by about 3 in the costofliving remains low. The economy continues to chug along at a solid pace, and fears of a reception that we did have earlier in the year have mostly abated. And all of this positive news, there are consumptive concerns. Especially for certain companies. Boeing is one of the countrys major manufacturers had a 737 max played and grounded in march following two deadly overseas crash sprayed the temporaries temporarily suspending production as they block the aircraft them coming back into service. More brickandmortar stores are payless and gymboree, have bankrupt or close locations. As en route let online retailers eat away at their market share. Several companies have once seen as the darlings of a new economy, fel