Republican National Convention began with a surprise president ial pardon. The rnc says the theme was land of opportunity as the president , his family and closest allies made the case for four more years. I will continue to give all americans, including former inmates, the best chance to build a new life. Reporter President Trump partisan convicted bank robber john grant who founded the nonprofit, hope for prisoners. The president also hosted a naturalization ceremony. You followed the rules, you obey the laws, you learn the history, embraced our values and proved yourselves to be men and women of the highest integrity. Reporter while the president made surprise appearances, the first lady is tuesdays main star. Just as you are fighting for your families, le in this administration are fighting you. Reporter the secretary of state giving his speech from jerusalem, touting historic changes under President Trump. This president has led bold initiatives. Reporter democrats want an investi
Investment savings again as tensions continue to rise. Selling underway this morning. Dow futures down 50 points duh the nasdaq is up 4 and a quarter. S p 500 right now down 3. Growing concerns over coronavirus spikes and what it could mean for the recovery fueling a selloff yesterday. Nasdaq and s p 500 snapping 5day winning streak with declines in double digit. Facebook not getting a like. Walmart says retailer reportedly to offer freeday delivery and customers willing to pay a 100 a year. Defund police, this as crime is rising across america. We have you covered coming up at 7 30 a. M. I will speak with new york city mayor Rudy Giuliani, dont miss that. Secretary of Homeland Security chad wolf will join me. Secretary is live at 8 30. Mornings with maria is live right now. Global markets this morning are mixed. Take a look at european indices across the board. Dax lower by 86. Uk finance minister announced that the latest Recovery Plan lathe today later today is expected to open pubs
After yesterdays midsession rebound, the dow initially fell more than 750 points from the trading session before that striking turn around and finished higher more than 750 points s p 500 went from more than down 1,500 and nasdaq went to close up by 1. 4 these moves came after the fed said it would buy individual Corporate Bonds, not just the etf. President powell trading these today not only on what jay powell said but this idea that the administration will be looking for a 1 trillion package it just seems like the federal government is doing the best in their economy. S p indicated up by 41 and the nasdaq indicated up by 73. Looks like this morning, the 10year is yielding 7. 43 . Watching this stuff how it played out yesterday was kind of phenomenal i couldnt believe what we were watching at the close. It was quite unbelievable you are right houj part is the government stimulus unless that leaked out watching the market. It was down. I dont like mondays anyway. Then i saw 400 and bas
59 minutes left of trade nasdaq 100,. 2 from a record closing high set in february hard to believe. Seriously is hard to believe. Were up 0. 4 . Coming up on todays show, despite growing dissent, tech stocks once again nearing all time highs well discuss the outlook for the sector amid new challenges with investor dan niles. Plus, powerful words from one of the biggest icons in sports, nba lenld, Kareem Abduljabbar will join us with his compelling message for all americans about the need for what he calls a rush to justice. Lets focus in on the big stories we are watching in this final hour of trade. Mike tracking the Market Action as always. Julia boorstin following the cory russ of dissent inside facebook and courtney covering the civil unrest mike, start us off with the Broader Market and this continued strength we are seeing yes, continued, persistent strength its a day when its gone a little bit away from the nasdaq leaders that were were so familiar with. That trend has remained
Nasdaq futures higher by 310 after even worse than expected jobs number led to selloff on friday. We showed you the numbers friday, dow, nasdaq and s p 500 in the red for the week. Take a look. Markets were down 2 overall on each of the major indices on the week. Oil prices this morning falling after the opec meeting which was to include russia was actually delayed. It was supposed to be a Virtual Meeting happening. It was scheduled to take place today. We are waiting on any news in terms of where the meeting stands with crude at 27. 40 a barrel. Later this Morning Energy secretary dan briet will join me and take on war between saudi arabia and russia. Uk Prime Minister Boris Johnson has been hospitalized due to coronavirus, we will get the latest on Prime Minister johnson coming up this morning. We are answering your financial questions this morning. Later what you need to know about your 401 k during this crisis. Mornings with maria is live right now. Maria lets check Global Markets