Markets with the best three months in decades. The dow saw the best quarterly performance since 1987 the nasdaq had its best gain since 1999 and ended the quarter up 30 take a look at the small cap up 25 since april 1 the best gain since the First Quarter of 1991. Because the First Quarter really stunk up the place the dow coming off the worst first haflt year since the financial kri sis. The s p still down 4 on the year yesterday was something to watch. We had all three major averages which did close for the month of june in positive territory you are looking at s p 500 closing above 3,100 and watching the nasdaq close above 10,000. Seeing a slight pull back. S p futures down about 10 points and nasdaq off by 25 weve been keeping track of the treasury market. The 10year has been below 0. 7 . Now sitting at 0. 684 . Crude oil prices were a huge point of concern earlier in the year up 40. Well see what could help the senate has voted to extend the ppp Bailout Program to august 8 giving
Heres the hour and 40minute hearing. Good morning. Come to order. We thank everyone for joining us this morning. We want to thank the witnesses for taking the time to travel across the country and take time away from their businesses in some instances to have this important discussion. As is the case with these hearings, there will be members coming and going. There are overlapping hearings in other committees so youll see folks come and go throughout and ask questions. We just bear ask your your patience in bearing with that as well approximately farming and agriculture are at the heart of strong economies around the country. Investing in ago culture is crucial to ensuring our communities can thrive. Coming from colorado i understand the importance it has on our states way of life and economic wellbeing. Nearly half of our acres are dedicated to over 30,000 farms and ranches, many of which are small, locally owned. Cattle, corn, wheat and dairy, but small farms are raising bison to os
And discuss how the company is positioned for the rest of 2020. Speaking of the cloud, microsofts ceo set down with bloomberg in davos. We will hear his thoughts on the competition between microsoft, amazon and google. First, to our top story. Netflix shares initially jumped the for a racing the gains after reporting fourthquarter earnings. Now fluctuating between gains and losses. The company has hit a milestone to passing subscribers outside the u. S. During the quarter. Growth this slowing with forecast at just 7 Million Subscriber addition in q1. To discuss Earnings Report in further detail we are joined by emarketer and ceo andre. The shares were trading off of the First Quarter subscriber guidance, which came in a light. Are you worried that for the competition is slowing down growth for netflix . Not at all. Strong in thetty developed markets. There is not a lot of growth for them in the u. S. They have a lot of room to grow, but that will be difficult. That 7 Million Subscriber
Least. Day two of the Goldman Sachs global macroeconomic conference and goldmans chief equity strategist. We have breaking news out of south korea and Fourth Quarter g. D. P. Numbers. This is much faster than what was expected and fastest pace since the Third Quarter of 2017. These are the preliminary numbers for the Fourth Quarter. The south s also korean economy expanding 2 meeting the bank of korea projections and have seen growth in Household Spending and gains and Consumer Confidence and a lot of it supported by the south korean with their budget being passed in august and seeing a growth of 1. 2 , which would be the fastest pace since the Third Quarter of 2017 and for that 2019 growth of 2 which is atching. Lets look at what it is setting up. We had reaction across asian markets which led to the european session in declines and the u. S. As well as account of the news of the spreading china case. Avirus and one and not much of a rebound. Futures are looking pretty soft and we are
And have mercy upon our nation. May our lawmakers work to do your will, remembering that you have set apart the godly for yourself. Provide our senators a refuge in you, enabling them to shout for joy, blessed by your righteousness and favor. Continue to supply their needs, teaching them how to abound and abase. Lord, keep us all from slipping, presenting us one day before your throne with great joy. We pray in your majestic name. Amen. The president pro tempore please join me in the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president . The presiding officer the senator from iowa. Mr. Grassley july 20 marks the 50 years since Neil Armstrong took one small step for man and for the first time in Human History walked on the moon. The Apollo Missions should be remembered for generations to come as a triumph for innovat