A virus lockdown winner has emerged. Its walmart. They have had the advantage of remaining open and they finetuned their delivery and pickup services. They have done very well. Look at this. Same store sales, up 10 . Huge. Sams club sales up 12 , even bigger. Ecommerce, now, this is a big one, up 74 , online sales. That is remarkable. The stock, we are quoting premarket now, the stock is up nearly five bucks, 3. 8 . Okay. This is going to be a live action day. Two top money guys head to capitol hill. Speaker mnuchin, jay powell, they will be discussing what they think still needs to be done for the economy. You want my opinion, please give us Liability Protection. The president addresses the nations farmers. What do they need and whats with the Food Supply Chain. We will carry his speech live. Thats in our 11 00 hour this morning. Then theres the market. After yesterdays 900point gain. That rally followed encouraging news on a vaccine from moderna and the rapid reopening of the economy
Rally yesterday dow futures are now down. Nasdaq futures lower by 64. Nasdaq up 190. Now this, former Vice President joe biden and the ukraine scandal back in the spotlight, an investigation Just Launched overseas after phone conversations between biden and then ukraine president are released. Meanwhile u. S. Senate taking a major senate in probe of Hunter Bidens role of Barisma Holdings and tesla tapping the brakes in battle with california, dropping the lawsuit after plant is allowed to open. Mornings with maria begins right now. And Global Markets this morning red cross the board, take a look at european indices as u. S. China tensions rise, the cac quarante is down 48 and dax index in germany lower by 174, there are sign that is the european economy is slowly coming back. The euro zone purchasing manager index coming above expectations this morning. In asia overnight, markets mostly lower. Take at the numbers in asia, worst performer half percent lower shanghai composite in china.
Nasdaq was up 62 and s p 11. Last Economic Impact of the virus as more businesses look to reopen a new report revealed it could take ten years for the u. S. Economy to recover from the pandemic, mornings with maria is live right now. Maria Global Markets this morning are moving higher, cac quarante in paris is up 86 and dax index in germany 406 points, 3 and a half percent higher, dax in germany rallied after being closed for the holiday yesterday. In uk Small Businesses hit with coronavirus, borrowed 26 billion through month of may. Check asian green across the board, take a look, kospi better than 1 , best performer was in japan up 1. 9 . Now some of the top stories that we are watching this morning. Chaos despite curfews, americas largest cities still talc victim to looters even as police and the National Guard ramp up presence across the country, protestors forcing into macys Flagship Store in new york city overnight. It had been boarded up. 3 people have been arrested so far. Loot
Futures at start of trading as businesses reopen this morning, dow industrials up 350 points, 1 and a half percent. S p is up 41 and the nasdaq higher by 114, this after the dow, nasdaq and s p 50 finished down in the week despite fridays days as you can see, dow industrials were down 2 , 2 and twothirds percent, the nasdaq down better than 1 , tensions between the United States and china continue to rise, lawmakers looking to offer big incentives to move supply chains from china to america. President trump versus president obama. President trump calling predecessor incompetent as president obama says they leaders pretend to be in charge. Sports is coming back, the roar of the engines returned this weekend as checker flags dropped on nasdaq, caused drivers to hit the brakes, mornings with maria is live right now. Maria Global Markets this morning look like this, major areas of the world are reopening for business leading to gains across the world, as you can see in europe theres a stro
The new world and is stored with low economic data, wall street reversing in just the last hour, we have been down in some cases triple digits but now we have the Dow Jones Industrials just down about six points, s p down to, the nasdaq has punched into positive territory. What is this mean, market legend mohammed is about to tell you if he thinks the worst for the market has finally passed. Plus ill go oneonone with Energy Secretary, just as oil pushes back about 29 per barrel. We mentioned nascar, nascar about to drop the green flag once again this weekend, nascar president is here as engines begin to rub when nascar becomes the first major sport to get back to action since the Coronavirus Crisis began. But what will change prewe will tell you. Even the april retail spending collapse, there is one piece of clothing that saw a triple digit jump in sales, with an allstar lineup this friday on less than one hour to the closing bell, lets start the claman countdown. Liz breaking news, Ho