China trade talks are off. President trump says hes postponing any talks as leaders, xi jinping reportedly facing opposition from within his own party. Its another big day for retail earnings this morning. We are waiting on lowes, target and tjx opening before opening bell this morning. We are talking with apartment ceo after reporting double beat yesterday. He will talk about the pandemics impact on Consumer Habits and concerns over stimulus checks drying up. Markets this morning looking for another recordbreaking day, take a look at future, indicating a gain, dow futures up 51 points, nasdaq futures up 18 and s p and nasdaq continuing in record territory as you see there they are up this morning after hitting alltime highs yesterday. S p 500 scoring fastest rebound from a bear market in history. Yesterday the dow was down 66, but the nasdaq was 81 and the s p up 7 points. New york city is about to get sweeter, krispy kreme opens Flagship Store in times square, ceo live here at 7 20 a
Accompanied by the Vice President of the United States. Pres. Trump thank you very much. Thank you. Today i would like to provide you with an update in our war against the coronavirus. Thanks to our comprehensive strategy and extraordinary devotion to our citizens, we have had such tremendous support all over, we continue to see encouraging signs of progress. Cases in new york area, new orleans, detroit, boston, and houston are declining. Seattle, washington, d. C. , indianapolis, and st. Louis are all stable and declining. All parts of the country are in good shape, in all cases getting better. And we are seeing very little that we are going to look at as a superseding hotspot. Hings are moving along really a horrible situation that we have been confronted with, but they are moving along. As we express our gratitude for these hardfought gains, we continue to mourn with thousands of families across the country whose loved ones have been stolen from us by the invisible enemy. We grieve
On this afternoon. In asia, the nikkei was down the hang seng was up 0. 23 for european markets, the dax is slightly lower you see slight gains for the cac, the ftse 100, stocks in italy and in spain look at the Treasury Department. The tenyear is yielding 2. 090 . We have a very busy day going on in the markets. From wall street to washington, lets get you through the squawk planner. On the earnings front, three big banks on the docket starting with jpmorgan that will come at about 6 45 a. M we have Goldman Sachs coming in with its earnings. Those should be announced around 7 30 wells fargo earnings should cross the tape at 8 00 a. M Johnson Johnson will also report at 6 50 a. M. Eastern time well bring you a first on cnbc interview with the cfo right after that report. On the data front, we will be getting june retail sales, import and export prices as well that all hits at 8 30 a. M. The other big event on the planner is big tech is back in washington today the house judiciary subco
How its changed the conversation about sexual abuse and harass manhattan. And a world war ii veteran keeping active. Meet the neighbors who put out chairs to keep him moving. But we begin this morning with todays eye opener, your world in 90 seconds. I was stun and brokenhearted at what i saw. John kelly defends President Trump. He called four people the other day and expressed his condolences in the best way that he could. Said to him, sir, theres nothing you can do to lighten the burden. Amid the controversy over President Trumps call there are serious questions about the attack itself. Do you feel the administration has been forthcoming up to this point about what happened there . Of course not. The u. S. Senate has passed a budget plan. A major effort to overhaul the tax code. Bigotry seemed emboldened. Former president s bush and obama are blasting the politics of america. Instead of politics affecting our values theyre disrupting our community. A protest at the university of flor
Welcome to Worldwide Exchange, im sara eisen im wilfred frost your shachair all right . No, i have to move up good morning to you from me as well. Im wilfred frost. E lets check in on the Global Market picture futures are a bit down today after we saw fractional gains yesterday. A little bit of a pull back today. Less than in the european markets. Nasdaq down by 11 points dow 6, s p by 2. The fed minutes yesterday seen as a bit dovish, but at the margin it seems like theres a commitment to the normalization of policy, albeit perhaps rate hikes there remains division on. Tenyear treasury note, a bit of slippage yield to 2. 24 around that level again. Yields came off a bit because of the dovishness of the minutes and those political issues global bonds rising today as for the action in asia overnight, lets show you what happened after wall street lost much of its earlier rally. Japan closed in the red fractionally hong kong down a quarter percent. Shanghai comp and kospi in korea continu