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
House of representatives before being elected senator. You are a regular, to use for the first and particularly on the u. S. And china relationship. For transparency, you and i have done each other for many, many years. I think prior to you entering politics so thank you very much indeed for your time today. Can i just say on a wider note we are very conscious that we meet during a challenging time for the u. S. Following the tragic death of george floyd. Our thoughts are very much with those impacted by this tragedy. The u. S. Is not alone in needing to do more to tackle the underlying issues but our thoughts and prayers are very much with those who are directly affected. Could i invite you to say a few words as an opening statement, then well move into questions. Thank you very much indeed. Thank you, mr. Chair and thank you for this kind words about some of the strife on our streets today. Of course we all want justice for george floyd and we are all deeply disturbed by that horrifi
That is growing. The nasdaq was up 110 and s p up 38 points, one and three quarters percent higher across the board. George floyd will be layed to rest today in houston, this as calls to defund even disband Police Departments across the world intensify. President trump, though, holding firm saying we cannot give up on Law Enforcement opposing efforts to Defund Police forces. Turn to ongoing battle against coronavirus, the World Health Organization says that the spread of the virus by people who are asymptomatic appears to be rare as some cases seeing rise in case this week. Mornings with maria is live right now. Global markets this morning red across the board. Take a look at european indices. Cac request rant in paris 89 and germany by 237. The economy will decline 5 and a quarter percent in 2020. Take a look at asian markets overnight with the best performer there hong kong, hang seng index up better than 1 . Some of the top stories that we are watching this morning, President Trump
Of a sows are Available Online and of course you can share and discuss on africas Facebook Page and other social media platforms. Crime fighters tune in now. Big corporations weigh in on protests in the u. S. So what a netflix and nike have to say about the killing of a black american by police and how seriously should we take them take a look. Also on the show socialist venezuela turns to private gas stations to solve its fuel shortages. And all stroy of wine producers reap a bitter harvest following last years bushfires. This is your d w Business Report im saving bears in berlin its good to have you with us. Nike netflix us just some of the corporations sounding off about last weeks killing of African American george floyd by police and aligning themselves with protesters Netflix Netflix rather posting on twitter over the weekend to be silent is to be complicit the Department Store nordstrom said that it is deeply saddened and angered nike meanwhile saying dont do it excusing racism
The karuna crisis you can find more Information Online t w dot com and on the social media channels. Big corporations weigh in on protests in the u. S. So what netflix and nike have to say about the killing of a black american by police and how seriously should we take them to take a look. Also on the show socialist venezuela turns to private gas stations to solve its fuel shortages. And australian wine producers reap a bitter harvest following last years bushfires. This is your Business Report im Stephen Beers in berlin its good to have you with us nike netflix just some of the corporations sounding off about last weeks killing of africanamerican george floyd by police and aligning themselves with protesters Netflix Netflix rather posting on twitter over the weekend to be silent is to be complicit apartments or nordstrom said that it is deeply saddened and angered nike meanwhile saying dont do it excusing racism that is Many Companies are supporting the black lives Matter Movement whi