Resee recovery in retail sales dow down 271 session lows 59 minutes left of trade the nasdaq has been the underperformer is actually off its lows were kind of moving around, as we speak, in the final hour. All the major indexes are lows ahead on todays show, well speak to mike sievert. Well get an upgraciointergrac sprint and the president of the university of arizona will outline his plan for the fall semester as cases and hospitalizations rise in that state. Well focus on the big stories were watching at this hour Steve Liesman with details on todays jobless claims will is digging into Big Bank Earnings and meg has details on johnson and johnsons results. But, steve, start us off with the jobs picture. You know, were getting two different stories from the jobless claims one of improvement and one where the improvement has kind of flat lined. Well take a look at the numbers. Claiming coming in at 1. 3 million. Above expectations dow just 10,000 on the weekly jobless claims thats kind
At 8 30 a. M. Eastern. Major retailer reportedly ready to file for bankruptcy. Commerce secretary wilbur ross will join me in 30minutes time. Markets look like this, fractional gain at the start of trading, dow industrials up 13 points and s p half a point and s p nasdaq up in 22. Dow trails finishing up 377 points, the nasdaq was up 32. Headed for third consecutive week of declines. Controversy is growing in general flynn case. Calling for fbi report that officials claim have vanished. Mornings with maria live. Global markets look higher across the board. Cac quarante is up 34 and dax index in germany up 179. Bank of england governor Andrew Bailey says negative rates are not being considered this following comment of jay powell this week and Germany Economy shrinking 2. 2 in the First Quarter. In asia markets were mixed. More signs of slowdown in china overnight. Retail sales there for the month of april were out, they were down 7 and a half percent. Then there was industrial output s
Steeper decline. We will have the first numbers. First contraction in 6 years and also hearing from Federal Reserve jay powell later today. Also another big day for earnings, boeing is in focus this morning, wall street journal reporting reporting thae aircraft maker is facing criminal probe into Quality Control issues on still grounded 737 max fleet. The company also reported looking to raise capital to major bond sale. On tap before the bell this morning, General Electric is out with its earnings along with master card and ensurers anthem and humana, after the numbers attention to microsoft, facebook, tesla, markets are higher, take a look at futures, gain at the start of trading, dow futures right now showing a gain of 180 points, three quarters of 1 . S p is up 25 and nasdaq higher by 93. This after the dow, nasdaq and the s p 500 erased early gains yesterday to actually end lower. Dow industrials were down 32 points at 4 00 oclock on wall street yesterday and nasdaq down 122 and s
Intelligence. Oh syria is experiencing its biggest exodus in 9 years of civil war nearly a 1000000 people most of them women and children have now fled province the countrys last rebel held stronghold progovernment forces have vowed to seize control of the region but turkey has warned of an imminent attack unless the regime ends its brutal assault aid agencies are overwhelmed with the u. N. Calling it a humanitarian catastrophe people are fleeing under horrendous conditions many are on foot or on the backs of trucks in below freezing temperatures in the rain and in the snow theyre moving into increasingly crowded areas they think will be safe. But a need live nowhere is safe. Almost 50000 sheltering under trees or in other open spaces im getting daily reports of babies and other Young Children dying in the cold imagine the grief of a parent who escaped a war zone with their child only to watch that child freeze to death mike hanna is live at the United Nations what more is the u. N. Sa
Bonuses even preferential treatment for their children as incentives to work on the coronavirus front lines and are in tailor nandan with the top stories from europe including the e. U. Takes on ai trying to resolve the real life dilemmas caused by Artificial Intelligence. And sport manchester citys chief executive heads out at the decision to ban the club from European Competition the most important thing i have to say to that is that the allegations of a natural parents arianna and says that didnt break financial rules. Hundreds of thousands of people fleeing a russian backed syrian offensive are being squeezed into ever smaller areas near turkeys border under her brendas condition. This is the latest stark assessments of what the u. N. Says is going on in northwestern syria its syria envoy and humanitarian chief have both address the u. N. Security council describing catastrophic human suffering today my 1st concern is for the syrian civilians caught in the fighting we continue to r