The virus infections now pushed 8 million globally. Haveoutbreaks in the u. S. Some states weighing whether to pause reopening. Shery lets get you started with a quick check of the markets. We are seeing u. S. Futures up 2 10 of 1 . It was a very volatile trading session. We had a boost after the fed pledged to follow through with the Corporate Bond purchase, but then again, we had concerns over a second wave of the pandemic. Not to mention the white house now ending an Unemployment Bonus Program on july 31. We have the s p 500 gained 8 10 of 1 . At one point, they lost as much as 2. 5 . It was a really volatile session. Financials and staples led to gains, after dropping last week by the most since march. Take a look at how the dollar is doing now. We have seen the dollar underperforming against all g10 peers and weakening to session lows after the Federal Reserve made the announcement. Right now, we are seeing more pressure on the bloomberg dollar index. The 10 year yield at 72 basis
Session here. We are seeing korean stocks up, some 4 . This has certainly been a shift in the risk on sentiment we are seeing. The concerns over the waves are being brushed aside. Across assetsg here. When it comes to your bond, we are seeing yield ticking higher. 73 basis points for your u. S. Tenyear. We saw a rise but it is petering off. Did selloff overnight. Take a look at currencies, the dollar dropped will be the key story here. That is living these markets here today. As aen has been steady rock here. Despite the volatility we have seen. That should give some breathing room for the boj. Perhaps they are likely to sit tight when it comes to policy levers but look for hints on what they do with the Corporate Funding program. Youre seeing that dollar is really trickling through here. The taiwanese dollar is blaring green here today. We are up a third of 1 . The korean won strengthening. 7 . Mmb is unchanged. There has been a sense that the feds have the markets back. Letting the C
Protected civil rights writ large. So this is going to require a longterm bipartisan commitment. But not just from us in washington but folks in the state capitals, city halls, and Police Departments across the country. Because ultimately its the local officials that have the responsibility to hire and fire the police chief, to make sure that bad Police Officers are removed from the force. And thats where the nearterm responsibility needs to lie, because we dont have that capability here. But we do believe, i do believe there are concrete steps we can take right now to address the racial injustices that were exposed once again with the death of mr. Floyd. So i appreciate senator scott and leader mcconnell for responding to this crisis with the urgency that it deserves, and im proud to be part of this effort in the senate. Mr. President , i yield the floor. The presiding officer the clerk will call the roll. Quorum call the presiding officer the senator from. The presiding officer the s
You uphold the universe by the words of your power. Today, walk with our senators as they work. Help them to remember that there is no purity without vigilance, no learning without study, and no mastery without discipline. Give them the wisdom to be willing to pay the price to honor you. Provide them with joy in service and devotion in discipleship. Infuse them with a spirit of power, love, and selfcontrol. We pray in your mighty name. Amen. The president pro tempore please join me in the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president . The presiding officer the senator from iowa. Mr. Grassley one minute in morning business. An oped i penned recently mentioned countries that still has laws on the books and it touched the nerve in bangladesh. I certainly didnt mean to imply that it was the worst off
Also to those that are joining us this morning the director of the Kennedy Shriver National Institute of Human Development and the subcommittee on health and education services. Doctor fauci director of National Institute of allergy and Infectious Diseases. And then the director of the National Cancer institute and director of the National Institute on drug abuse. Again, welcome to all of you leader hoyer asked me this morning you have the nih coming he said can you get all the Institute Directors and he said he will this is one of the most remarkable hearings that we have and we thank you for the great work that we loan that you do and saving lives the people of the great country. Let me touch on the matter of the coronavirus i just want to say i thank you to the director and all the institute tends particular thank you to doctor fauci i want to say Public Health experts deserve our praise for what is the excellent work that you are doing and clearly a matter of National Importance an