Were following all of that today. Well get to the markets in a moment we do begin with our top story the president and first lady testing positive for the coronavirus. Our shep smith joining us with the latest its news on the east coast here is the news the president and first lady are positive for covid19. The first lady reports she has mild symptoms but feels good the white house says the president has mild symptoms. President trump is in good spirit ossen ca spirtss on a call this morning. President trump is in both categories he continues to be not only in good spirits but very energetic. We have talked a number of times this morning i got the five or six things that he had tasked me to do, like i do every single morning he is wanting to make sure that we stay engaged. I think the other thing that is critically important, the doctors continue to monitor both his health and the health of first Lady Joe Biden sent his thoughts to the president and first lady for swift recovery now th
Leaning on big cap tech. Once again ass an anchor s p 500 First Time Since february, microsoft, tiktok in the news schumer says the democrats in the white house have started to move a little closer on a stimulus agreement, and of course david disney tonight, which will give us all kinds of information about the progress of parks, studio entertainment, advertising and more as we have said many times over the last few months, disney in some ways a reflection of the economy, certainly the consumer side of it to some extent. I know julia is going to be following that closely after the bell expectations cant be particularly high but we are looking for a lot more data when it comes to the parks and the attendance, when it comes to directtoconsumer of course with disney plus and the exhibition of motion pictures, which is not something thats going on right now. Absolutely, david, i mean, i think it will be really interesting to get some more insight into the success of that streaming business
Power lunch starts now welcome to power hundred mp. Its a record day on wall street the s p 500 notching new highs when tyler mentioned the dow and nasdaq are in striking distance. The nasdaq about 13 points away from that mark kelly. All right thank you very much. For more on whats sending stocks to new records today, lets go to bob at the New York Stock Exchange bob. Three things that are really mattering right now. Number one, trade talk optimism. Number two, the Federal Reserve cutting likely for the third time this year, this week and finally the Consumer Holding up well i think the Consumer Holding up is the key to all of this. I looked at the earnings calls for the 40 of kpacompanies that are reported so far, very clear. The consumer is holding up well and theres no concerns about a recession in 2020. Richard seeing the capital one ceo. I think the u. S. Economy and consumer is in pretty good shape. Me echoed many bank ceos that i heard saying the same thing. As for recession co
This its time for click. Week singing for votes. Getting this week singing for votes. Getting out of the office. And lift off 7 welcome to click. I hope you are doing 0k, and i dont want anyone to panic, right . But lara has left the building. She has gone rogue. Is that the outdoors . It is the outside world i have been allowed out and welcome to bbc news, you may be next week. No, too scary. Im Lewis Vaughan jones. Our top stories what are you up to . It was inspired President Trump faces criticism over his plans to celebrate american Independence Day by last weeks food special to grow at mount rushmore, with no compulsory face masks some of my own vegetables. Since i or social distancing. Cant even keep a character is alive i have gone for a spot of technology as pubs in england reopen to help. So what is that all about . On saturday, the Prime Minister Boris Johnson issues a warning to the public not practice. This is welcome to my to be complacent. Police brutality in the spotligh
Three girls and then flees the scene. The search is on for the suspect behind the wheel. But our top story, after months in a mexican jail, a u. S. Marine veteran is back home in the u. S. Sergeant Andrew Tahmooressi returned last night after a mexican judge ordered his release. Tahmooressi spent 214 grueling days in captivity for crossing the border with guns. He said he got lost on a california freeway ramp. And never meant to cross into mexico. We have more details reporter well, the mexican attorney general essentially withdrew the charges. This was not expected now. And it coincides with the arm twisting and lobbying of congressmen who have been in tijuana in a Quiet Mission to secure his release. It happened around 3 00 p. M. Yesterday. After 214 days in prison, guards turned him over to immigration whos courted him to the board who escorted him to the border and he returned home to florida last night. I have been on the line on numerous occasions with the attorney general from m