Strongs comments yet on ties to beijing. Debates travel bans. Job numbers underlie the impact on the economy. Do a quick check of trading atarkets are the moment. U. S. Futures are flat after stocks ended mixed in the regular session. We had markets really searching for a catalyst. Sentiment was a little bit pressured. Trading at u. S. Weekly jobless claims above one million for the 13th week. Andad gains in Energy Consumer staples on the s p 500, but at the same time, real estate industrials weighing on the index. The nasdaq composite did gain and ended at the highest level in a week. The dow lost about 40 points. Take a look at what oil is doing. Prices finished higher in the regular session. It is up and trading above the 38 a barrel level. We did get opecplus looking to make up for mixed Production Cut targets, boosting prices to the highest in more than a week. Lets see how things are shaping up for the asian markets now. We are looking at a mixed session for this friday. Volumes
People dead. Apple is reClosing Stores and pepsi is shutting a food plant in beijing. The reserve bank of australia shifting its yield curve policy into Cruise Control, saying it is functioning better now than when the qe program began. Shery u. S. Futures under pressure. We are seeing it down. 6 . This after u. S. Stocks dropped the most in more than a week. Stocks are feeding on the record levels fading on the record levels of coronavirus in florida. Industrials and energy leading. The weekeek ended in the green for u. S. Stocks. China will accelerate purchases of u. S. Farm products. It was a slightly in the green sixth session of gains. Oil is under pressure heading towards the 39 a barrel, after it at one point surpassed four dollars a barrel. 40 a barrel. Theres optimism we could see global fuel demand and we had more reassurance from the opecplus groupon output cuts last week. Group on output cuts last week. Haidi china has confirmed its new National Security law will override h
Whats being done about it. Reporter right now at san quinten, they are testing prisoners and getting immediate results in realtime. Thats why the governor gave a specific number today at noon and within a few hours, there were more cases. So they are constantly updating those numbers. We are finding out more about that 71yearold death row inmate who was found dead in his cell last wednesday. According to the marin county coroners office, the examination of the body showed he tested positive for covid19. The baseball field at san quinten has been turned into a triage because of the covid19 outbreak. Since the governor spoke this morning, the number of inmate cases has gone up by 19, to 1,030. Whats concerning is how quickly that number increased. 987 new cases in the past 14 days alone. We have formalized strategies and plans, including the protect of suiting seton hospital if we have to transfer many, many patients. Reporter several months ago, 3500 lowlevel offenders throughout the pr
Good morning, everybody. Welcome to squawk box here on cnbc but this comes after a backdrop of a pretty big decline on friday on friday the dow was down by 700 points and this morning its up by 200 points you have the s p up by close to 20 points and the nasdaq up by 26 but we are getting to the end of the month and thats when we start to take notice of what has been happening with declines that we saw on friday push the dow and s p 500 into negative territory for the month of june. If they want to make that up they have two trading sessions left before we get to july so over the next two days the dow would have to make up 1. 5 if it wants to be positive for the month of june. S p would be up 1. 2 its up by 2. 8 . Lets take a look at what has been happening with the treasury market the treasury yield the ten year is the one that we always pay the most attention to it seems to be yielding. 645 . And i think he is going to have interesting things to say too in terms of trying to put it i
Well going to watching the world winter and im a nice across the mesa Goodness Gracious so everyone was out there on Capitol Steps across the country in state after state saying we want our rights back we want to go outside we want to not have to really be you know at home all the time. And then washington like passes actual things that violate peoples rights they passed things that actually you know it was real there was a show negligence an extension of the old patriot act like that actually does violate u. S. Citizens rights regardless of what you know fancy lawyers want to say in congress or you know people justify that kind of thing and nary a peep or rally 8 the interesting thing about this is that it did hit certain news wave cycles but it didnt get a lot of attention so i think that a lot of americans arent necessarily aware that this is happening and what i did see on social media was a few libertarian groups kind of speak out against it but thus far it. It can a fail like a t