It is not over. It is just beginning the days are long right now. We are going to take that. Im becky quick along with joe kernen and Andrew Ross Sorkin. We are sitting at the flat line. Dow down about 7 or 8 and nasdaq up by about 13 yesterday, the dow was down 710 points a decline of 2. 7 s p off 2. 6. Came with huge steep declines going as smoothly as people had hoped. All of those concerns added up to steep losses. Looking at the treasury yield at 0. 669 now you see additional pressure as we continue to watch that case count talking about that, the United States seeing a Record Number of new coronavirus cases in a single day. Tallyi tallying 45,000300 that tops the numbers from april reporting that visitors that travel from hot spots to new york, new jersey to connecticut will be asked to quarantine two weeks. Those who defy that order. Hot spots include arizona, utah, texas, arkansas, alabama, north and South Carolina President Trump says he will not follow the quarantine order wh
The dollar index just below 97. Crude oil rallying 2 today on stocks going higher. 87. Arrel of wti 37. Lets get more on the markets. Scarlet fu is with us. Scarlet jay powell testifying before congress for two days of discussion, stuck with his message that the economys path is uncertain. We have seen indexes come off of line isghs but the positive. You look at the industry groups, 20 groups are higher. Within the dow, 29 out of the 30 names are up. In terms of leaders, caterpillar, boeing. The white house is preparing a 1 trillion infrastructure proposal. Up 4 frastructure etf right now reflecting higher demand. Retail is up after a record gain in sales. A lot of retail names are heavily shorted, so you could be seeing a short squeeze as investors rushed to cover their bets. All of it comes back to fundamentals, like earnings. Morgan stanley talked about the disconnect between the optimism out there and the bottom line. Andgap between the s p 500 as aftertax profits has soared to rec
While creating new public spaces that reflect continuing stories that is our great country. In my view, when the Senate Debates this kind of legislation, the debate also has to include discussion about a particularly important topic and that is jobs. Now a major component of this bill is of course the land and Water Conservation. That puts funding into natural wonders all over the country, in cities and rural areas. And so today i want to speak for a moment, specifically about those rural areas and rural economies. The Economic Impact of the covid19 pandemic has hit so many of our Rural Communities like a wrecking ball. These are communities that have been struggling, going back a long time and Building Back up after covid19. This is going to be enormously challenging. The senate ought to be looking at every good idea the gig help get these rural economies moving again that land and waterou Conservation Fund is not just about opening up the countries treasured areas for everyone to enj
The president pro tempore the senate will come to order. The chaplain, dr. Black, will lead the senate in prayer. The chaplain let us pray. Our father, may your name be praised. Lord, use our senators today to permit justice to rule in our land. Remind them that righteousness exalts a nation, but sin is an equal opportunity destroyer. As our lawmakers strive to do your will, reward their faithfulness,. Illuminate their hearts with your wisdom and love. Help them to remember that the entire ethical requirement is fulfilled by loving your neighbor as you love yourself. May this love for those in need hasten the day when justice will roll down like waters and righteousness like a mighty stream. Continue to be our strength and fortress, sustaining us with your amazing grace. We pray in your merciful name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the United States of america, and to the republic for w
Talk about portsmouth virginia. Were a confederate statue is being removed from the city center. You can see it wrapped right now, they are ready to cart it away, this controversy over the monument escalated on wednesday after the president and Vice President were arrested during a peaceful protest where they were trying to protest the existence of the statue there in the middle of the town square. They have been removing it from its base and getting rid of it. And this is one of several confederate monuments and statues of people who were important during the confederacy that are being taken down we are keeping e on the opening of service into san jose including an inaugural train ride with politicians. At the station were a Ribbon Cutting is set for a few hours from now. Good morning, we are stirring to see the station, live as employees are coming to work prepping the site here for the big festivities in celebration later on today. All of the safety checks are done last minute finis