Again. Microsoft, amazon all hitting record highs the nasdaq flirting with another record close despite the Broader Markets selling off. 59 minutes left of the session sar yash sara, were down. 5 . We have big guests coming your way well be speaking with Loretta Mester about the economic signs she is seeing in america and how the fed is weighing the spike in cases. And the rollback of the reopening measures across this country. Shes a Voting Member of the fed. Plus, 150 million, that is how much Deutsche Bank agreed to pay in the settlement with regulators over the dealings with Jeffrey Epstein Deutsche Banks ceo will join us to talk about that settlement and a whole lot more an important update on the business lets get straight to the big stories were watching with one hour left of trade mike santoli tracking the market meg terrell has details on a 1. 6 billion as part of the operation warp speed effort to battle the coronavirus and get a vaccine. And phil lebeau has the latest on the
It is a deceptive wednesday to say the least. We are focusing on stimulus and will do that across all of uber surveillance this morning. Bloomberg surveillance this morning. The president of brazil, and this is a statement, he has a little cold, has the virus as well that is touching us all worldwide. Francine it is. We have been trying to track the virus to understand what it will become. It is clear is is a bit more under control. In china, in europe, and but it is ravaging many parts of india. It is concerning in latin america and certain parts of the u. S. We are trying to figure out what that means in terms of lockdown and what it means the impact, future impact, on any reopening of the economies. Tom without question, the zeitgeist asked america with the residents event yesterday president s event yesterday is children and back to school and what that means for the economy. News, now word to our first word news. A temporary testing site is being set up in louisiana, texas, and fl
[indistinct conversations] [indistinct conversations] [indistinct conversations] [indistinct conversations] [indistinct conversations] today, the committee is holding a hearing entitled oversight of the Trump Administrations response to the covid19 endemic pandemic. Due to the Public Health emergency, members can participate in todays hearing either in person or remotely via video, and. Theart of this hearing, microphones will be set on mute, for the purpose of eliminating inadvertent background noise. Remotelyarticipating will need to unmute your microphone speak. Participating in person, please wear your mask when not speaking. Dr. Monahan extract expressed in the updated guidelines that the use of face coverings is meant to protect other people in case the wearer is unknowingly infected. When we are not speaking, each of us is playing a vital role in tech and all members and staff in attendance, as well as leaders of the covid19 response will be testifying before the committee. Due
Drop coming up on todays show, were taking a look at how a number of Different Industries are getting back to work in america. Well talk hotels and travel with the ceo of best western plus, walter rob, the former coceo of whole foods will weigh in on grocery trends and well talk about the state of the consumer lets kick things off with a Broader Market a choppy day to kick off the trading week pretty positive. Right near the session highs as we stand on track for a record close for the nasdaq composite actually kind of a quiet levitation out there the average stock not doing much of anything. Volumes are low. But v but the Growth Stocks are powering higher. You see a one year of the s p 500. Its about a couple weeks ago that the enthusiasm for that reopening really seemed to crest for a little while since then, the old Growth Stocks, if you look at the top of the dow right now, its nike, apple, walmart, visa, microsoft. These are the days when the observation that Great Companies remai
Media, because they are in response to the injustice of the Police Killing of george floyd in minneapolis. An obscene equivalency has been created in the media and in the left and in the minds of anarchists and radical dem protesters and activists, unleashing wholesale violence upon these cities, looting and burning across much of the country. Targeting Law Enforcement officers, wounding them in clashes, attacks and outright assassination has occurred. And we watch of in some cases as police and National Guard troops have been persuaded to kneel before the protesters and the demonstrators as if they were the transgressors. What is going on in this country . If can can you imagine what the chinese, the russians, the world for that matter, must think as they watch all these images . At least 307 officers of the law have been injured and wounded, 2 that we know of have been killed since the riots began. There is no moral equivalence is city between the murder of george floyd and the murde