A lot to get to and discuss, everybody. Right now, though, a quick check on the markets because theyre higher across the board. The bottom right of the screen and come off the highs, the dow above 27,000 for the First Time Since june 10th on an intraday basis. S p 500 less than 5 from its alltime highs up nearly 50 from the march lows. 28 members of that index hitting a new 52week or alltime high and a cramer favorite stock, mccormick. The nasdaq is negative again there is a lot to discuss. Joe, we are off the highs. You can address that but also this the vaccines plural getting all the attention as they should. It only concerns, you know, all of humanity. But did Goldman Sachs numbers have anything to do with the earlier market strength . I think most of the early gains that we witnessed this morning you can credit to the vaccine optimism i do think, brian, that the Strong Performance from financials in the last couple of days, whether it be jpmorgan or a Goldman Sachs this morning, t
As. We read in the u. S. Where unemployment skyrocketed in april saying the biggest spike in close to 90 years tens of millions of jobs were wiped out across the country this coronavirus lockdowns battered the economy lets take a look at those figures for unemployment surged to 14. 7 percent it was just 4. 4 percent back in march 20 point 5000000 jobs were lost in april along the worst losses since the Great Depression which began in 1929 and it far exceeds the 2008 global recession where 8700000 jobs were wiped out the White House Correspondent Kimberly Hawk and joins me now kimberly just put these unemployment figures into context for us. Well they certainly are not what this administration wanted to hear and i can tell you the u. S. President is trying to put a positive spin on these numbers acknowledging that they are unacceptable and also well he didnt address it directly certainly we have to point out that these numbers reflect all of the gains that he created in terms of jobs th
Itself is set up to benefit those who understand people who actually believe things that are not true that is a crisis for democracy is a crisis of concentration the bottom on. China stands accused of and humane treatment of africans during the corona Virus Outbreak that includes forceful testing quarantine and a vixen so is this just another form of racism or is beijing just trying to curb the pandemic this is inside story. Hello and welcome to the program im Richelle Carey they are chinas key trading partners but some African Leaders have been angered over beijings reporters from a nation against their citizens and demanded answers from the Chinese Government over reports africans are being targeted because of fears they could spread coronavirus a recent rise in coven 1000 infections in china has been linked to people from abroad the Chinese Government is worried there could be a 2nd wave and has stepped up its scrutiny of foreigners African Students and expatriates have reportedly b
And. China stands accused of any humane treatment of africans during the coronavirus outbreak that includes forceful testing quarantine and a vixen so is this just another form of racism or is beijing just trying to curb the pandemic this is inside story. Hello welcome to the program im Richelle Carey they are chinas key trading partners but some African Leaders have been angered over beijings reporters from a nation against their citizens and demanded answers from the Chinese Government over reports africans are being targeted because of fears they could spread coronavirus a recent rise in covert 1000 infections in china has been linked to people from abroad the Chinese Government is worried there could be a 2nd wave and has stepped up its scrutiny of foreigners African Students and expatriates have reportedly been a victim from their homes tested for chronic virus several times and are being shunned in public the incidence of sparked a diplomatic route with the African Union african
Surveillance. Quite a lot going on with your markets. Lets have a look at what they are doing and some data out of the euro area. Services pmi are coming in short of the expectations. Preliminary figures were 28. 4. Services pmi are at 26. 4. Important jobs data will give us a clue as to the scale of damage to the worlds biggest economy as the damage spreads arid the dollar is actually edging higher. Fluctuating following the jump yesterday. Investors are weighing the assertion that saudi arabia would cut production. Lets get straight to bloomberg news. Coronavirus infections have topped one million, reaching a milestone just four months after it surfaced in china. Deaths are accelerating in europe but new infections are starting to slow in both spain and france arid france. Officials say it is too early to relax restrictions. In the United States, the Unemployment Rate could rise 15 these comments come after 10 million americans lost their jobs over the past two weeks. Yesterdays jobl