Has a safe haven . Taylor i have been seeing that. You take a look at the companies with great free cash flow, balance sheets, expanding operating margins. You take a look at the nasdaq 100, or the big tech, today was the exception, but coming into this, six of the last seven days, the nasdaq really gaining. Faang today outperformed even though it was lower. I have heard that tech is providing a little bit of a defensive position when it comes to the health of the balance sheets. Apples another Company Really leading today. In the in six of the last seven days, apple has gained more than 1 in every day. Share, it to 350 per saying the iphone 12 could start the road to recovery. He is confident that the eye of the storm is now in the rearview mirror, at least from a demand and supply chain perspective. You are seeing apple, some of the other big tech stocks really leading on hope and optimism. Emily meantime, big news potential in the food delivery space. Ubermmond reporting that has ma
Great depression. Working americans, struggling to pick rents and put food on the table and have no knowledge of when the next paycheck may arrive. It breaks your heart to see people waiting for oursar and os lineup of food banks. And when theyre interviewed by the press, there are people who never went to the bank before pretty deep and troubling this crisis is being. So we hear in congress, have an obligation to do the nations business during this time of crisis, to be focusing on this crisis. Tell the millions of American Workers and businesses, pleading for assistance. The constitution instructs us to provide for the common welfare. When this critical junction in our nations history, the Republican Leadership and by leader mcconnell, is ducking the responsibility, plane and civil they do has yet to schedule any legislation business for the floor of the senate this month having to do with covid19. It is taken sustained pressure from the senate democrats, to force our republican coll
The latest on the road ahead for its potential vaccine. Retail back in the spotlight again, once again, two companies that have remained open reporting target and lowes. Markets this markets posed for higher opening. Dow trails up 294 points right now, 1 and a quarter percent higher, s p up 33 and nasdaq higher by 103 points. All averages better than 1 . Concerns over modernas vaccine trial led to lateday selloff yesterday. Delta Airlines Adding Flights as the country reopens. Ceo of delta is here ed and find out when he expects to see domestic and International Travel bouncing back. Measures to keep passengers safe and boeing prediction that Major Airline will go out of business by the fall. Demand for car products risen 500 . Hard to find on store shelves at 8 30 a. M. Clorox ceo, how they are trying to meet demand nor 5 Dividend Increase and what the future of the business holds. Clorox this morning. Newly declassified email from susan rice showed she tried to protect then president
20. 5 in a data set thats never been more than 2 million in a single month, numbers we never expected to talk about no. The numbers are just completely and totally shocking not unexpected however given the carnage thats taken place in the economy over the last month as we locked everything down those lockdowns ending around the country. Things starting to at least normalize in some states the question will be of the 18 million workers who describe themselves as a temporary layoff of that 20 million, how many really will get their jobs back is a key given the markets reaction today, there seems to be an expectation that most of them will that will remain a question over the next many months as we hope that the economy does start to return to some semblance of normalcy mike, lots of internals to dig through here average Hourly Earnings show a chasm between lowerpaid employees in the country and those with higher wages who, judging from the data, lost their jobs at a slower pace. Yeah, no
Reopening public spaces parks and beaches. The governor says more details on that will come thursday as well. Speaking of a place that might not be open much longer is dolores park that is what San Francisco mayor london breed was warning today. She says that people dont start respecting physical distancing at the popular open space in the mission. So close the dow called for ski rouhani has more from todays briefing. As some counties in california prepared to resume operations for most retail businesses, San Francisco is taking a measured approach. On monday mayor london breed caution that we likely wont see widespread reopening on friday. In fact breed warned the city may have to take further restrictions to encourage social distancing after another busy weekend at dolores park if we see that that behavior has not changed. We will close the park. And i want to be clear. This is the last thing i want to do we know that people need fresh air. They want to be out. But if we continue to