Headlines. Fang with all the headlines in the greens, apple, amazon, netflix up 1. 5 . Tech remains hot, hot, hot. Still to come, definitely coming on todays show, coronavirus cases climb and states continue to rethink their opening plans. Well speak with fed chair James Bullard, what it means for the economy. Shares of Taylor Morrison posted record sales well speak to the ceo about whats driving the strength in the housing mark up a third of the percent. Lets start focusing on the big stories. Mike santoli tracking the markets, meg tirrell with the rising case count and courtney watching flags in the Retail Sector mike, lets kick things off with you. Market idling right here, holding above the flat line for the moment it seems like stealth pullback consolidation weve had last few weeks, s p 500, talking about a summer trading range this is what we had last summer. It looked like that on a narrow basis. Scares in both directions. Were not there in terms of prolonged sideways action. Th
A virtual discussion. Florida senator marco rubio on americas response to the coronavirus. The cold war ends, and obviously these countries are no longer developed and so forth. Imagine, beginning in about the mid to late 1980s, china decides and will want to come out and build its own capacity. China has used the last hundred and 50 years and that is a rightful role in the world to be a great power. The u. S. Makes a similar deal, and that is that we are going to help you work your way out of poverty and build your industrial capability because we think once you do, we set this to ourselves, once we do, this once they get rich and powerful, they are going to be described for global rules, trade and power. They will probably not be communists anymore, they will walk away for that and they will become like us. As it turned out, with the chinese have figured out is they have certainly availed themselves of the benefits of these policies through a combination of protectionism and anti cap
Good afternoon, everyone. Im a fellow at the Hoover Institution at want to welcome you to hoover capital conversations. The Hoover Institution one of the leading centers dedicated to producing polls id disaffirm economic prosperity, National Security and democratic governance. Detail a bit about our capital conversations series this is a time when hoover feels like they get to talk also some of our nations leading policymakers. Today were fortunate to have with us senator marco rubio to talk about americas future after covid19. As part of a discussion, we will be taking audience questions from you so encourage you to submit your question at the q a button located at the bottom of your screen. Lets get started. Senator rubio as all of you know is the trade center from florida. You have a number of committee assignments, committee on aging, he is currently chairing the committee on intelligence as was the committee on Small Business and has been the leading voice on a number of different
Prime minister dies during a Cabinet Meeting months before he was due to run for president. Support for Scottish Independence prove all of the grown a virus response and disapproval of braggs it boosts nationalist demands a split from the u. K. Now china is threatening to take action against australia Prime Minister Scott Morrison earlier announced a series of measures in response to hong kongs new security law the Australian Government is suspending its extradition treaty with hong kong it will also extend visas for hong kong residents in the country china imposed the new security law last week it gives police sweeping new powers and punish is a range of crimes including criticizing the government. Our government together with other governments around the world have been very consistent in expressing our concerns about the imposition of the National Security law on hong kong and today we have agreed to announce that that National Security law constitutes a fundamental change of circum
Markets with the best three months in decades. The dow saw the best quarterly performance since 1987 the nasdaq had its best gain since 1999 and ended the quarter up 30 take a look at the small cap up 25 since april 1 the best gain since the First Quarter of 1991. Because the First Quarter really stunk up the place the dow coming off the worst first haflt year since the financial kri sis. The s p still down 4 on the year yesterday was something to watch. We had all three major averages which did close for the month of june in positive territory you are looking at s p 500 closing above 3,100 and watching the nasdaq close above 10,000. Seeing a slight pull back. S p futures down about 10 points and nasdaq off by 25 weve been keeping track of the treasury market. The 10year has been below 0. 7 . Now sitting at 0. 684 . Crude oil prices were a huge point of concern earlier in the year up 40. Well see what could help the senate has voted to extend the ppp Bailout Program to august 8 giving