U. S. To helping chinese intelligence. Claims to there are the South China Sea. Coronavirus cases topping millions, and florida surpasses new york as the second most affected state behind california. A daily record for deaths. Pause as they debate new stimulus. Republicans would like to extend the jobless payments to cover 70 of lost wages as the Economic Outlook dims. Shery lets look at how markets are trading at the moment. We see u. S. Futures to the upside after stocks fell last week with escalating china tensions, not to mention the wrangling in washington. For thegold sent above First Time Since 2011, and the , the nasdaq composite finishing at a twoweek low. Take a look at what well is doing. Is doing, brent above 43 dollars a barrel. This, of course, after we saw some pressure last week on signs of weakness in the u. S. Labor market. Prices dids oil manage a gain. The dollar index fell to a sixmonth low, the week dollar overshadowing concerns. Yes, lets take a look at asia, a p
Asia thanks a second wave is coming. Stay talks with potential suitors are progressing well. Lets take a look at how we are checking up on this friday session of the week. We had a pretty good lead, ill be at a volatile session on wall street. Volatile section on wall street. U. S. Stocks falling after President Trump said he did not want to talk about trade issues with xi jinping. Going into the close, we saw a surge in oil prices, energy stocks, as well as beaten down bank and financial shares leading those gains. We are setting up for a pretty positive open here in asia. In new zealand, we are seeing trading get underway. It looks like we could pick up gains after two days of losses. We are seeing a positive lead when it comes to trading futures in japan, in hong kong, and in australia. It is a big day today when it comes to indicators out of china. We get those domestic activity numbers out when it comes to retail sales and industrial production, which could give us an indication a
New york City Real Estate will join us to tell us how he sees landlords managing renters who have shut down their businesses. The chairman and ceo is scott recker, he will be joining us. And judge will be here as well taken us through unique coronavirus cases going through courts. In the meantime breaking news, Drugmaker Mylan is voluntarily waving the u. S. Distribution rights for a generic version of an hiv antiviral drug so its available to patients with coronavirus. The stock is down, it allows other generic drug makers to apply for u. S. Approval as well, we will keep you uptodate with those headlines, i just wanted to bring you the breaking news. Checking in on the retail sector, walmart one of the biggest loggers on the dow, investors are pivoting away from stocks seen as recession proof and target lower despite a strong report on sales trends withdrawing earning drawings and nike, sports versus China Business has come back, it is about 50 of the revenue from china, ross stores,
For not ensuring the 25yearold was not wearing a seatbelt. No good reason not to belt him in he told the judge except to bounce him around. After a number of injuries, suffered by people in transport vans, Baltimore Police had been reiterating to officers that prisoners be seatbelted in. Prosecutors allege goodson ignored the rule. But officer goodsons attorney, Andrew Graham told the judge, prisoners are virtually never belted, saying grays death was a freakish accident. And that convicting a good officer to satisfy a desire to have someone to blame will just make a tragic situation worse. Grays arrest and subsequent death last year exposed long simmering tension between Baltimore Police and the community. Riots erupted after his funeral. More than 200 Police Officers were hurt. More than a dozen buildings and businesses were torched. Officer goodson. The states attorney decision to charge the officers brought some measure of peace to baltimore. So far, Marilyn Mosby failed to prove g
This is the cbs evening news with scott pelley. Pelley today, president obama passed the torch to the person he hopes will succeed him, endorsing Hillary Clinton for the democratic nomination. The president , the outgoing head of the party, would like to clear the field for clinton before the july convention. But democratic don quixote Bernie Sanders is not letting go of his impossible dream. Heres nancy cordes. Im with her. I am fired up. Pelley in a threeminute love letter to the presumptive nominee, president obama called clinton the most qualified person ever to run for the white house. I have seen her judgment. Ive seen her toughness. Reporter the Clinton Campaign posted the video an hour after the president met with Bernie Sanders, whose prolonged exit from the race has distracted attention from clintons achievement. I look forward to meeting with her in the near future to see how we can Work Together to defeat donald trump. Reporter it was his first acknowledgment that the compe