Good morning. This hearing will come to order. , want to thank eyewitnesses first of all for your service to this nation. On behalf of the committee, if you can thank the men and women who worked with you and apron pretty tremendous effort, trying to deal with an overwhelming situation, as a nation, we need to be grateful for your effort. Had thebly have not days off. I really do appreciate that. Toant to ask for consent have my statement entered into the record. Just a couple of facts. Just to lay out how extraordinary and overwhelming this effort has been. Not thatanuary 21, long ago, we had the first case reported of covid and eight days later on january 29, the administration established the task force. At that time, we only had five cases and zero deaths. Two days later, President Trump announced travel restrictions in china. That was not a popular decision, but it probably saved many lives and but as time to flatten what bought us time. Fema began assisting hhs. 12 cases and zero
That you were giving bad dad jokes in honor of fathers day i hope that you had a very good fathers day. I hope that mat did as well all the invites. We were waiting we had the drinks ready, the smores ready, the whole operation. Did i mess up your address or something . There was nothing at that location it was like. Its hard to find on google the google maps they send you a little bit of an awkward direction. Its the wrong address. Like the phone numbers that i used to try to get. Exactly must have written the number down wrong lets start with markets this morning. The major averages are coming off their fourth week of gains the last five weeks. This is something that we have been watching closely. If you have been watching the markets the dow is more than 10 from the all time high the nasdaq as joe mentioned was closed up for six sessions in a row on friday and the nasdaq at this point is less than 2 from its all time highs we are been watching these very closely. Theyre the only ind
Waters heading for venezuela as you can see now in the video youre about to see it from a corner here theres a naval warship there a venezuelan able warship and its literally escorting its escorting this ship there it is see it right there and in the foreground now why would an oil tanker need to be escorted by a gunship now the reason is simple the United States has threatened to stop the tankers to keep them from reaching venezuela a country where citizens are waiting in line now were told for sometimes more than a day because there is a shortage there of fuel so this might be a little bit confusing for some of you who are just catching up on the story but let me let me take you through this here is a map of the 5 ships that are making their way toward iran and there you see im going to run all the way over here i mean this is plum across the world right the 1st 2 ships the fortune and the forest right here theyve already reached they were arrived at the venezuelan ports the remainin
The s p 500 has climbed all the way back from down 2. 5 to flat. A little bit of strengthening from last week in the dollar index, but weaker on the day. The 10 year yield at 69 basis points. And a little return to climbing higher for crude, but it is lower on the equity downdraft. Halfway into the trading day, lets go to scarlet fu for more details. Scarlet you mentioned the paring of losses. Futures, the s p 500 futures have almost wiped out its early decline. And we are looking at that in the cash market as well. Of what is in leading things higher, Consumer Staples are doing the best in the s p 500. Names like kellogg and campbells, a clear sign of the risk off safety trade, even as we see the Overall Index make a comeback. And the tech heavy nasdaq 100 extends its top performance, 5 shy of a record high. Last week, we saw it the s p 500 by the most in nine months. Small caps are holding up better than the big caps, thanks to health care names like bbi vaccines, working on a covid
Unrest well get an update from minneapolis also coming up here in the german capital people showing their solidarity with the protesters in the u. S. And some people turning to our will have a special report. Im burnt off its good to have you with us in the United States the brother of george floyd has appealed to protesters to remain peaceful saying his brother would not have wanted anything but peace and unity Terrence Ford spoke today in minneapolis at the sponsor where his brother died a week ago today when a white Police Officer daring show been held his knee on floyds neck for nearly 9 minutes an independent autopsy has found that he died of the 60 asian due to. Neck and back compression now that contradicts an official report from the minneapolis police. Or earlier we spoke to our correspondent in minnesota and we asked whether people there had heard the news of this all top see result commissioned by floyds family revealing that he died of a sick seeing. That has not translated