Forces at play. Lets get to kaylee. We are marginally positive on the s p 500. Up. 5 . I want to talk about the best performing stocks. Upex was the best performer, 13 after blowing away expectations in the First Quarter. All of those people shopping, ordering things to their home, boosting revenue by 20 . That stock heading to its best day since 1993. Pfizer getting a nice list after positive results nice lift. Beer and wine sales plus better profitability. I want to talk about technicals for a moment. After the best quarter since 1998 for the s p 500, we start the Third Quarter in a strong position from that standpoint. The index starting july back above that support line. I want to talk about longterm ipo performance for this year. As you mentioned, dun and bradstreet returning to the Public Markets today rallying 17 after raising 1. 72 billion. The other large offerings, warner music and zoom into technology which is up more than 100 . E a nice day for dun and bradstreet. The jobs
You from the bloomberg terminal. American contagion. The u. S. Records its biggest ever jump in new virus cases. Governors reverse plans to reopen their states. Powell puts his foot down. The fed dividends bid buybacks. Buybacks amid uncertainty around the pandemic. Wall street giant slide in late trading. An elaborate fraud. Auditors accuse them of a sophisticated scheme to hide billions of euros. Visa and mastercard consider cutting ties. Just under one hour away from the start of cash equity trading in europe. Lets take a look at the futures as they are trading now. Yesterday, we closed slightly in the green. The u. S. Also rose and rallied into the close on news that banks would get a little bit more room from regulators to trade and be able to use more of their capital buffers, so diminishing the volcker rule, helping in the u. S. European futures are up as well as we get headlines that klm is securing a 3. 4 billion euro bailout from the dutch government, so we see more hope of s
Decidedly range bound. I guess phase one is back on, but i have zero confidence in that. It is just interesting to see the back and forth, and it is not just the bolton papers. It is the whole backandforth between beijing and washington. It is a friday of confusion. Jonathan it is a friday of confusion. A friday of hope over in europe, as well, as leaders discuss stimulus plans. I think the formal negotiations begin right now. They certainly dont in later today. Lisa no they dont, although we might getting some kind as far as who is pushing back and how close they are to agreeing on this 750 million euro fiscal stimulus plan. That is ongoing right now. The other thing i am watching today, i am looking at the baker hughes u. S. Rig count at 1 p. M. After will prices have risen 11 so far this week in new york. It will be interesting to see whether rigs are coming back online. And today we hear from jay powell, eric rosengren, loretta mester, and randy quarles, who is going to be talking
The bloomberg terminal. Reopening in america, President Trump urges the u. S. To get going again, even if it leads to more death. Chinas ambassador to washington calls for an end to the blame game over the coronavirus origin. More pain for europes banks. Lenders try to estimate the damage to their Balance Sheets from the coronavirus shutdown, and the ecb stands by its inflation mandate after a German Court Ruling on its qe program. Bond investors expressed concern about the Central Banks latest ofonavirus stimulus in light that decision. We are under an hour away to the start of cash trading across the continent, and in Great Britain, lets look at futures this morning, pointing slightly lower after a decent rally yesterday, although it was a rough start to the week for European Equity indexes. We are looking at drops of about. 1 right now on the dax futures in frankfurt. Higher in thedge cash trade yesterday. We are seeing futures edge higher once again today, so. 6 gain across the s p
Good evening. Im kristin sze. Thank you for joining us. It is part of the ongoing effort to build a better bay area. Live with the project and the meeting happening tonight about it. Melanie . Reporter kristin and dan, that meeting will start in about an hour. There is another one tonight and then saturday afternoon. This project is still months away but already businesses and residents are talking. Corrosion, cracking and failures. Three reasons it will be demolished and reconstructed this july. At u. S. 101. Caltrans estimates more than 240,000 vehicles travel the interchange each day. Shes in one of those vehicles. It will probably add a considerable amount to my already considerable drive each day. Im not so sure, nothing ever starts on time or finishes on time. Reporter shes the manager at the nearby flower center. She worries her customers wont want to be bodiesed. Something like this will really negatively impact us. Reporter it will be reduced in lanes. And the speed will be en