Of apple and microsoft, highgrowth names that have strong balance sheets. We are seeing continued investor preference for the stocks. Apple and microsoft hit fresh records. Amazon did earlier today. It is now lower. 4 on news of the results of walmart plus, its rival to compete with amazon prime. Longerterm, all of these have widely outperform the Broader Market and have contributed the largest chunk on a points basis to the gains we have seen so far and theyre holding us up in todays session. Just what we need is one more streaming service. Do you have a sense of how much this might be attributable to the strength of the dollar. There is a straight theres a perception some countries in europe and asia are doing a better job than we are on covid19. Kailey the dollar has been flat. It has been an interesting risk proxy. Your point about europe and china and the outperformance we have seen in those markets as they are interpreted as having a superior response to the virus , china ands. H
Hold on. This is a tease. Stealing the thunder already this thats right, we are going to talk about this in just a moment anybody still on radio has to wait a second. Take a look at the futures this hour dow futures down about 170, s p off by 2 and nasdaq down by 81. Yesterday, nasdaq down about 1 . Crude oil prices, lets check that quickly we had been watching that contract build up. The july contract build up to just over 34 yesterday. Lets call it even at 32. Then there is the treasury market weve been watching youll see the 10year note has been yielding 0. 64 . A little pressure there too. Take away. With that tease, it feems like months now, weve had really big guests and corporations a big interview at 8 00 a. M. Eastern. Well talk all things economy with former Vice President joe biden about the pandemic, the race for the white house and so much more. Well do that at 8 00 a. M. Live with him a big interview to look forward to on this friday. Tgif i know all the days roll togethe
Post front page has this headline about your first report as the white house pushes firms to reopen, much of the bailout stimulus money remains unspent. Congressman, how much money, and what money are we talking about . Guest greta, good morning. Glad to be with you. The Federal Reserve acted very quickly back in march and stood up facilities with the u. S. Treasury to calm the markets. This was even before they cares act passed. So most of the money the president and fed put up were in those facilities that calmed the money market in the Corporate Bond market and, as what is for state and local government is accepting applications and dont anybody applying it with measurable numbers and corporate debt market, their corporate facilities, those have just gotten started and modest amount of money that was invested in the Corporate Bond market by the treasury and the fed. And the last group, the main street fund is going to be talked about, im sure by secretary mnuchin today, because vice
Sir mo farahs former coach Alberto Salazar has been given a four year ban from athletics, after being found guilty of doping violations. Coming up on afternoon live, all the sport. That is with jane dougal. We hope will have all the details on the fast developing story on mo farahs former coach has been given a foul year ban from athletics. Mo farah has never failed a year ban from athletics. Mo farah has neverfailed a drug year ban from athletics. Mo farah has never failed a drug test and that he has no tolerance for anyone that he has no tolerance for anyone that breaks the rules. Thanks, jane. It is lively out there, darren, we will have a look at the flooding on the isle of man, the rain will ease off but there is a high tide along the east coast at the moment. Tomorrow looks drier everywhere, but there is an old hurricane going close by towards the end of the week. Thank you, darren. Also coming up is red meat back on the menu . The controversial study that says cutting down on sa
Mr. Clerk, can you please call roll call . Item one, roll call. [roll call] we have a quorum. Thank you. I will proceed with the chairs reports. Colleagues, i would like to begin this meeting with offering our collective deepest condolences to the families of Michael Evans and Benjamin Dean who were hit and killed in horrific crashes on our streets last week, as well as kelly dean who is critically injured and in the hospital. As was noted at the rally on the steps of city hall this morning, commissioner haney organized it, and motorists must slow down. The tenderloin, which is an area that commissioner haney and i share, his not a traffic sewer, it is a neighborhood, and i did not have a chance to say this morning at the rally, but when you drive through there, if you are watching my face, when you drive through there, you drive through there at 25 miles an hour or less. Speed kills. I am going to depart from my remarks and say the following thing, which is we are joined by we were jo