That you were giving bad dad jokes in honor of fathers day i hope that you had a very good fathers day. I hope that mat did as well all the invites. We were waiting we had the drinks ready, the smores ready, the whole operation. Did i mess up your address or something . There was nothing at that location it was like. Its hard to find on google the google maps they send you a little bit of an awkward direction. Its the wrong address. Like the phone numbers that i used to try to get. Exactly must have written the number down wrong lets start with markets this morning. The major averages are coming off their fourth week of gains the last five weeks. This is something that we have been watching closely. If you have been watching the markets the dow is more than 10 from the all time high the nasdaq as joe mentioned was closed up for six sessions in a row on friday and the nasdaq at this point is less than 2 from its all time highs we are been watching these very closely. Theyre the only ind
Across the americas. The spread is unacceptable. South korea braces for a second wave. Lenders are backing away. Bank of considering cutting a credit line, writing off its and calling it quits. We are just getting some indications, early indications of the economic rebound in australia. The cva australia pmi manufacturing preliminary number for june bouncing back. Just in contractionary territory but certainly much better than the 44 from the previous reading. The Services Number also much better i we get parts of the Services Economy reopening after the restrictions coming in at 53. 2. The previous reading was 26. 9. That composite number for june, 52 point six. 28. 1 and out of contractionary territory. That is a preliminary reading but things looking a bit more positive. Also looking positive for asian markets, lets get over to Sophie Kamaruddin for a look. Futures are in the green with s p eminis and he restocks resuming gains while the aussie dollar remaining on the on foot at the
Hall of justice tonight. Reporter the california Highway Patrol says 29 people were arrested. Organizers say they are trying to continue focus on their cause. At San Franciscos hall of justice, some of the demonstrators who were arrested and released wait for their colleagues. Black lives matter is more than just police brutality. Were being murdered in every single aspect. Were not given opportunities to succeed. I have a young son. I have three vocal daughters. I do not want them to have a knee on their neck. Reporter the threehour long protest and removal by officers meant people were caught in traffic. Among them, nbc Bay Area Special project producer. People were talking to each other through the cars because no one knew what was going on at that point. We were just literally all parked on the bay bridge. So it was a nice day to be on the bay bridge. Reporter efforts to disrupt traffic had been a recurring goal for demonstrators. The bay bridge is an especially dangerous spot beca
Reporter the california Highway Patrol says 29 people were arrested. Organizers say they are trying to continue focus on their demonstrators who were arrested and released wait for their colleagues. Black lives matter is more than just police brutality. Were being murdered in every single aspect. Were not given opportunities to succeed. I have a young son. I have three vocal daughters. I do not want them to have a knee on their neck. Reporter the threehour long protest and removal by officers meant people were caught in traffic. Among them, nbc Bay Area Special project producer. People were talking to each other through the cars because no one knew what was going on at that point. We were just literally all parked on the bay bridge. So it was a nice day to be on the bay bridge. Reporter efforts to disrupt traffic had been a recurring goal for demonstrators. The bay bridge is an especially dangerous spot because its suspended 100 feet over the bay and the western span isnt built for ped
We will speak to the ceo in a moment. Stocks up, halting the rally. The market may have gotten ahead of itself considering we are in the midst of a health, economic, and social crisis. We are now officially in a recession here in the United States. What drove the stall in the market today . It is easy to see why the market would want to take a little buffet either. Little of a either. Yesterday0 as of turning positive for the year despite the fact that the earnings outlook is not looking great. The data is better, but still pretty pat of all things considered. You can see why investors may want to take a pause here and assess the picture and see whether it is time to be adding risk. The nasdaq actually did close in the green today. The nasdaq 100 actually did briefly top the 10,000 level. The Community Services index, those growth sectors were able to eke out gains today as well. The dollar, would have been its ninth day in a row down. It suggests that it was not an altright risk off d