Lovely born, mayor of rochester, new york, and we have congressman bobby rush of illinois. So first i want to start with our first guest is president and ceo of the naacp, derrick johnson. While come. Hes joining live from jackson, mississippi. Thank you for having me. Thank you so much. The first question i want to ask you, derek, is about this moment. And where do we go from here . With seeing so many protests before. We have seen the beginning of the black lives Matter Protest Movement in the movement begin many years ago. And yet when we think about the problems and where to start, it does seem a bit overwhelming. It seems like so many things are entrenched in our institutions, some would ask you a think whats on a lot of americans minds right now, which is what you think is a first place to start . As we look at the situation in minneapolis, and you are so quick, its not isolated to minneapolis. This is a systemic decades long problem of racism. And for us to begin to heal as a na
To make note once again that the Operational Plan and the decision to operate falls squarely with me and when the order to do so the actions that happened after that are my responsibility i want to once again extend my deepest apologies for to the journalists who were once again in the middle of this situation were in it virtually but nevertheless detained to them personally and to the news organizations and to journalists everywhere it is unacceptable i said when it happened the other day when i failed you i have to do better i continue to need to do and send that message i take full responsibility for that. And wont equivocate no matter how difficult the environment as i would just ask folks to know that in restoring public order and hearing to democratic principles and having a history of governor of welcoming that openness it is certainly not our intention nor is it helpful to restoring public order to have that happen so you can rest assured that we will look back again at what ha
Over to you. All right tyler, thanks very much. All three of the major averages are hanging onto their gains in the month of may tension escalating with china. My theme is still intact thats a broadening of the rally. This is in stutter steps you get a day like today where you pull back a little bit but not numuch obviously, some of the china etfs, thats first one down today on concerns about whats going on in hong kong. Look at the leadership this week russell. Its been bank stocks and Energy Stocks oil is on the downside thats what i mean those groups have been leadership stocks here look at these china stocks we did get alibaba thats down concerned to whats going on hong kong what was down, transports, russell down the nasdaq, the big tech names is under performing this week. This is rotation this is broadening out of the market that trend continues if you look at individual secto sectors, banks were behaving horribly they are outperforming this week so the Energy Stocks even though
The u. S. Revised down its revised forecast for this year and next. The outlook for automakers in a postvirus world. We look at the prospects of japan the boss of lamborghini. Shery breaking news out of south korea. We are getting the Unemployment Rate for the month of april, coming in at 3. 8 . This would be below expectations of more than 4 and at the same level than in the previous month. South korea of course has implemented big fiscal measures, not to mention the relaxation of social distancing measures and president moon jaein asking his ministers to swiftly draw up a third budget. He has announced something of a korean style nodeal with statement investments, and we are seeing the south korean Unemployment Rate at 3. 8 , the previousl as in the month as south korea continues to battle the coronavirus pandemic. That seems to have restarted and regained some momentum with those infections around nightclubs in seoul. Lets turn to Sophie Kamaruddin in hong kong for a check on the ma
Under an hour left in the session. Lots coming up on todays show a big exclusive interview with bank of americas ceo. Well get a read on the Small Business relief program. He joins us live in about ten minutes time plus as retail bankruptcy concerns swirl, well speak with the president of sax fifth avenue about whether customers h actually return to stores when doors do reopen but first, lets focus on the big stories of the day. Mike is tracking the market pullback on this first day of may. Josh is covering apple diedra is watching amazons move and phil has the shocking tweet from elon musk that sent teslas shares tumbling. Mike the s p 500 down almost 3 today. About 3. 5, 4 from its highs just two days ago. Look at a chart. Just to map where we are down about 4 we had broken on a shortterm basis the uptrend from march i dont think anyones going to get too concerned about this unless it goes deeper than at least 2550 week and a day or so ago, last tuesday, we were down around 2730 so w