Former fbi attorney Andrew Mccabe is slated for october 6th on entrapping general Michael Flynn. The lawyer for general Michael Flynn Sidney Powell live at 8 00 a. M. Eastern. Markets showing firmer tone. S p 500 higher by 30 points. Wednesday marks it final trading day of the month and Third Quarter. Weve got a look back and a look ahead. Friday saw a day of green largely boosted by a Technology Stock rally. Pushed nasdaq in positive territory for the week. Nasdaq up 240. 2020 election is over a month away. Both candidates are preparing for first debate of the season tuesday night. We will preview. White House Press Secretary Kayleigh Mcenany is here with the latest. Plus President Trumps pick for the Supreme Court and its impact. Amazon prime day revealed. New date on when you can score the best deals for Holiday Shopping season. Keeping it real paltrow making a buzz this morning. Global markets this morning are having a firmer tone. Take a look at european indices here. Dax index hi
Now. Broader markets also higher. Take a look at futures, dow futures currently up 250 points, thats about 1 , nasdaq futures up 92 and s p futures up 25. Stimulus standoff leading to the nasdaq lower by 185. Gold losing some of its shine. Tumbling 4 and a half percent yesterday. More tiktok security concerns this morning. The popular chinese app reportedly tracking user data for millions of people in violation of google policies. Plus College Football taking time out, the big ten and pack 12 postponing the fall season due to coronavirus. Mornings with maria is live right now. Maria and global marks this morning are mixed. Ftse 100 in london is up 48 points and uk economy falling into a recession after shrinking more than 20 in the Second Quarter, largest contraction reported by any major economy so far. The cac quarante in paris up 12 and dax index in germany lower by 18 points this morning. Check asian markets mostly higher on the session. Kospi index was higher as well as hang seng,
Left. Biden taking out a chapter of the president s playbook in buy american plan and take a look at futures pointing to lower opening, down 120 on the tow and s p 500 right now down 11 points. Nasdaq closed at record high yesterday. Dow and s p 500 were in the red as coronavirus spikes raise more concerns about economic recovery. The Supreme Court delivering a mixed ruling for the president saying Manhattan Das Office can get tax returns but denying Congress Access for now, plus this could be the worst tick season ever, many symptoms mimicking coronavirus, what you need to know to stay healthy coming up next hour. Mornings with maria is live right now. Purposan markets look like this. We have gains in europe. Cac quarante up 15 and dax up 47 points. Pretty good positive tone in europe. The two of the uks biggest retailer booth and john lewis cutting more than 5,000 jobs. In asia overnight red across the board. China shanghai composite snapping winning streak after rising nearly 17 in
The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layoff, that category of unemployment has continued to move high
Have the numbers as soon as they hit the tape and show you the impact. Coronavirus keeping the c task force going indefinitely focusing on Vaccine Development and reopening the economy. Meanwhile some lawmakers looking to expand the Paycheck Protection Program and add more stimulus but others raising concerns about growing debt and deficit. Markets this morning pointing to higher opening. Take a look at futures, indicating market wills open higher in triple digits, dow up 3020 points, s p is up 41 and nasdaq higher by 138, one and a third percent, this after concerns of new china relations to china. Scope memo is out. Outlining authority to former special counsel Robert Mueller, it reveals probe went beyond and completely openended. The fallout coming out. People are working out and playing video games, pelaton surging 66 , the company boosting Sales Outlook and the stock flexing muscle as well. Stock up 17 in premarket. Fortnite becoming one of the most Popular Video games ever surpas