Remains complicated. Domm is watching what were seeing in todays trade. What is behind the surge today its about the tweets its about the idea that we could see some form of stimulus, although not the massive one youre going to see that happen and im going to show you the charts here over the course of the past two days, and 24 hours. This is the twoday chart. We kind of started yesterday right around here. You can see as we can move into the session, we have just gotten back everything that we lost and a little bit more over the course of the last 24 hours or so so, again, this move here higher and i can tell you word actually happened and positivity returned take a look at the 24hour chart of dow futures as things have moved, remember, a steep drop yesterday going into the closing bell and we were much in negative territory throughout the overnight session until just around 10 00 p. M. Eastern time thats when President Trump started tweeting out this notion that he could put out ther
The print papers revenue. Mark thompson, one of nigh favorites will be here for an inclusive interview. Power lunch starts right now vaccine hopes and more stimulus on the way is helping Investor Sentiment loes that weve seen, the moves today, the s p 500 roughly there abouts is now, get this, roughly just 2 away so it may not be at records just yet one other place that was giving that stock a big boost off the session highs. And capri holding, the Company Formerly nose an michael kors are reporting sales that may be getting back to normal biff, both of those stocks well off the highs of the year. The gdx ticker there that tracks is up far more than prices, so, yes, gold continuing that run. Back over to you lets take a check of is the bond market. The cme, hi, rick. We had some powerful data and what did that do it gave us one of he rare bounces. But its all about Foreign Exchange asdom pointed out and they you aro seems to be king they seems to have gotten their issues in rough order
Not a surprise if you look to see whats happening with the shutdown of the economy, the forced shutdown because of coronavirus. Taking a look at the tenyear this morning, it looks like that is yielding about 0. 735 at least on the last time i looked at the boards it was. And then wti is the other big story today. Joe also mentioned opec plus deal it was an historic one opec and other nations agreeing to cut Global Oil Production by onetenth. Well talk about this in a few minutes. Wti is up by 1. 5 to 23. 11 a barrel. We have a huge lineup of squawk newsmakers including Mohamed El Erian, Richard Preston and dr. Scott gottlieb starting in a few minutes. Andrew thanks, becky hope everybody had a great weekend. Lets bring everybody an update on the pandemic. Of course, the number of confirmed cases in the United States now more than 557,000 and the death toll is more than 22,000 there are 190,000 cases in new york state with more than 9300 deaths that means new york alone has reported more
What the Companies Say they are doing about it. And peering into palantir. Our exclusive conversation with the ceo of one of techs most secretive companies. Alex karp tells us why protesters wont stop them from doing business with the Trump Administration. But first, the u. S. Announced they will extend a limited set of exemptions that have protected Rural Networks and other customers from doing business with huawei. This comes as the trade war rages on with the u. S. One tech ceo is taking his concerns about the possible tax straight to the top, apples tim cook, a move that has impressed President Trump. Pres. Trump he is the one that calls me. Thats why hes a great executive. He calls me and others dont. Others go out and hire very expensive consultants, and tim cook calls donald trump directly. I would take your calls, but the only one who calls me is tim cook. Whenever there is a problem, he will call. Emily we spoke to an investor across the tech sector. I think this president wan
Another 90 days, but President Trump says he is not quite ready for a trade deal. We will have the week in trade tensions. Plus, fake out. Twitter and facebook say they have proof of fake accounts backed by the Chinese Government meant to undermine hong kong protests. What the Companies Say they are doing about it. And peering into palantir. Our exclusive conversation with the ceo of one of techs most secretive companies. Alex karp tells us why protesters wont stop them from doing business with the Trump Administration. But first, the u. S. Announced they will extend a limited set of exemptions that have protected Rural Networks and other customers from doing business with huawei. This comes as the trade war rages on with the u. S. One tech ceo is taking his concerns about the possible tax straight to the top, apples tim cook, a move that has impressed President Trump. Pres. Trump he is the one that calls me. Thats why hes a great executive. He calls me and others dont. Others go out a