Well look at other names that could surge as well. Its tilman tuesday. He says todays record retail sales are good news but he warns were out of the woods just yet. Kelly, to you. Its the Third Straight day of gains for the major averages. Bob has more on these markets for us more positives than negatives on the reopening story talking about bajs are up today. Industrials are doing well you want to know how tough it is to call the industrial space back look at boeing. 150 to 230 to 198. Thats all in two weeks. 150 to 231 the max is trying to get recertified. The analyst estimates are too high every one is still playing the airline come back story. Thats boeing. Chips, interesting story Morgan Stanley downgrading nvidia it means kla corp. , lam research, corvo and qualcomm, new high for them. You see, more positives than negatives today. The reopening story, retail sales very much a positive beijing closing schools is a negative on the reopening story. Reopening stimulus and treatment.
A round table discussion with industry executives so thats happening or about to happen at the white house, well bring you any comments that come from the white house this hour. The major averages are up for the second week in a row. You see the numbers the dow up well over 3 almost 4 in what was a holiday shortened week, the month the dow and the s p 500 up more than 4 a piece and look at the nasdac up nearly 7 , 6. 75 all up for the second month in a row so thats how we close out the month of may at least for trading. Lots of talk about today fox Business Team coverage we have blake burman at the white house, Jackie Deangelis at our news room in new york, Edward Lawrence reporting from washington, blake . We start with you on the north lawn. Reporter hi there, connell and melissa. President trump announcing at the white house several measures against china on the one hand, for chinas handling of covid19 , on the other hand, as well, for chinas crackdown on hong kong; however, as the
Hes here in a fox business exclusive about this new bacteria. The covid19 lockdowns forced many to whip out the credit card and buy essentials online. A publicly traded company is making all those transactions work. The incoming ceo is a wall street veteran who survived 9 11, the financial crisis and now the pandemic. He will tell us what he saw in early january that told him get the employees to work from home and out of a crowded business area. That was well before just about every u. S. Company had even heard of covid19. Charlie breaks it on the big name Trading Companies refusing to sign on the dotted waiver line that the nyse requires to walk on to the Trading Floor. And 24 hours before the dragon capsule roars into space. Less than an hour til the closing bell, lets start the claman countdown. Liz breaking news. They are testing the systems right now. We are just over 24 hours away from history as spacex prepares to become the first commercial Space Company to launch american ast
Saying it will reopen 100 stores in the u. S. This week and progress on the vaccine front with heavy hitters stepping in which well have much more on. We will and not just are we excited about the new package there, the music is exciting i had seen the graphic, but i add not heard this music they should just playing through the whole hour to keep people on their toes very dynamic and thanks to the team for making it work. 59 minutes left of the show and big guests to come a huge exclusive with the ceo of merck. Ken frazier. Hell join us as they lay out their strategy to battle the coronavirus. Plus, mt. Sinai teaming one a slew of companies to support front line workers well speak with the ceo and ceo of pinterest. Mike is drilling down on the action meg is tracking progress on the vaccine front and wilfred has new comments from jamie dimon, but mike, first to you on this Broader Market and take ussen inside what are you seeing . Yes, obviously have broken above these levels everybody
The europeans today. Their central bank will pump trillions into the euro zone economy. Thats called stimulus. Investors like it. So the dow is going to be down maybe 100. S p, 17. The nasdaq, about 26. Thats not a big pullback after yesterdays big gain and this weeks very big gains. Opening up the economy, thats a big deal for investors. This week, many theme parks and vegas casinos will open up again, albeit with limited capacity rules in place. And gms Ceo Mary Barra says auto plants will be back to previrus levels by the end of this month. Opening up, very important. Heres what you are waking up to this morning. Lot of boarding up of storefronts in the big cities. That appears to have cut down on the looting. Heavier charges against the Police Officer involved in the killing of george floyd. Its now Second Degree murder. In addition, the other three officers involved have been arrested and Face Criminal Charges for the first time. Following that, the protests were just as big but t