Policy. Lets get to the bloomberg first word news. Morning. Steven mnuchin says the economy urgently needs more stimulus to rebound from the coronavirus. He says he initiated talks with nancy pelosi try to negotiate. Going again. Ations republicans have been putting together a narrow relief package. He says he wants a much larger deal. President trump has condemned what he calls antipolice rhetoric while meeting with police in kenosha, wisconsin. He toward damage caused by demonstrations after a man was shot in the back during an attempted arrest. Two demonstrators in kenosha were killed in the protests. A warning from the pentagon. China is closer to joining the u. S. And russia as the only nations capable of deploying Nuclear Weapons on land, in the air, and at sea. China has been upgrading its strategic bombers to carry a nuclear payload. Has announced his has enoughto suga votes to win. Global news, 24 hours a day onair and on quick take, powered by more than 2,700 journalists and
Speaking out on social justice what amazon and facebook are doing this morning stay ahead of the conversation youre watching Worldwide Exchange right here on cnbc. Good afternoon, and welcome from where ever in the world you may be watching. Could be another very, busy week in the markets and otherwise the big question today really for the markets is whether this incredible rebound rally will roll on. Futures right now are showing that it might. A price like that its the first record closing high since february 12th really number one optimism that the American Economy will recover faster than expected with data point ceos and all coming back quick. And trillions of dollars around and finally the old t trade, there is no alternative as bonds lose their luster. And bonds in the last few questions absolutely dumped. Investors selling treasuries and buying equities and of course moves inverse to price rose 40 last week from bonds from yields this weeks fed meeting will also be huge if ther
About 2. 4 you are looking at additional declines the dow has improved we were down about 443 now we are indicated down about 366. S p futures indicated down about 32 all major averages saw declines but the dow was the biggest. S p off by 1. 8 . Nasdaq down by just 1 yesterday. A lot of it as we watched oil prices under pressure. Lets check thetreasury market 10year yielding below 0. 6 at 0. 0. 58 . Oil prices yesterday, nobody has ever seen anything like this no. Lead story went to minus 37. 63 a barrel. No place to put it people would like to store it. More people watching june switch over june is not much better obviously. No. I was shocked how much pressure that is under too. Big gain of 80 . Futures, strange things happen not everybody Takes Delivery reflecting the lack of capacity. I think peak oil might have been maybe not a real thing going back we are a wash in oil. Understanding all of the oil not being used crude delivery closed at 18. 27 and went to minus 37. 63 means selle
Are across the street. We believe this program to go to our live coverage of the intelligence and National Security conference taking place at the National Harbor today. Coming up a discussion on defending cyberspace. Live coverage here on cspan2. It is crucial to collaborate to address Cyber Threats for our national and economic security. To moderate this discussion it is my privilege to introduce david sanger. David is a National Security correspondent and a Senior Writer at the New York Times. In his 36 year reporting career for the times, very impressive, david, he has been on three teams that have won Pulitzer Prizes most recently in 2017 for international reporting. His latest book, and its a good one, the perfect weapon, war, sabotage, and fear in cyber age examine the emergence of cyber conflict, and how it is changing the nature of global power. Please join me in welcoming david sanger. [applause] well, thank you, william. Thank you all for coming here. We are acutely aware wh
Londons Foreign Office submits hundreds of thousands of womens lives in the developing world of the product. Risk of the new k slashes. Its global, ate something at the same time. Billions continue to be poured into ukraine by the way and with the us and of china exchanging site showed up with a lucrative, Semi Conductor industry. We looked at how corporations in both countries see ways to keep doing business, the premier, catching the program from today across the world. Welcome to the global use, run it up here on our t introduction. As we begin the, our with development surroundings nice. Your defense shapes from the west African Regional block equal was, are missing in neighboring nigeria to discuss the situation and the crew hit country. Well, reserving the possibility they say of resorting to force last week they issued an ultimatum to monday night. Heres ice, the president be reinstated within 7 days. But the rebels, the or how so far not responded the un has endorsed the equal