Unit into a separate Public Company. More on that in just a bit ibm up and all the markets up with 59 minutes left in the session. All the big stories of the day coming up. Morgan stanleys Ceo James Gorman on the back of his companys 7 billion deal today to buy Investment Firm eaton vance. Carnival giving a Business Update as the crews and travel industries continues to deal with uncertainties amid the pandemic ceo Arnold Darnell will be our guest next hour. The ceo of Amc Entertainment will join us to discuss the rollback of more blockbuster movie releases why he is staying open when some of his competitors are deciding to close lets look at the stories we are watching in the final hour of trade. Joining us to talk about regenerons push for emergency authorization for its covid19 treatment is alettia young bob, start us off on the market. There may be no stimulus, but the market is actsing like there is going to be one they have levitated themselves into believing something is going t
The u. S. Senate is about to gavel in. They are going to work on a judicial nomination with a confirmation vote scheduled for 5 30 for 5 30 p. M. Eastern. Republicans leader Mitch Mcconnell may introduce the republican covid19 recovery plan. Live now to the senate floor. The president pro tempore the senate will come to order. The chaplain, dr. Black, will open the senate in prayer. The chaplain let us pray. Eternal lord god, we again thank you for the life and legacy of representative john robert lewis. Lord, accept our gratitude for his ethical congruence that motivated him to find a moral way to get in the way. Were grateful that his passion for freedom summoned our nation to embrace our best hopes and not our worst fears. Inspired by his exemplary pilgrimage, may our lawmakers strive to live with such integrity that they will stand on the right side of history. Lord, help our senators to strive to see you more clearly, to love you more dearly, and to follow you more nearly day by d
Well, thank you very much. This is a very big day for our country. Its an affirmation of the work we have been doing for three and a half years. This is not just for the last few months. This is for three and a half years. Its a great thing. We were very strong. We had the greatest economy in the history of our country. We had the greatest economy in the history of the world. And that strength let us get through this horrible pandemic. E pandemic. Largely through, i think we are doing really well. I had a meeting yesterday on vaccines and we are doing incredibly well with that. I think you will have a positive surprises and therapeutics likewise we are doing extremely well. Sure is we are doing well. I think those two words blend with each other. Cures. Tremendous progress is being made on vaccines. We have ready to go in terms of transportation and logistics, over 2 million ready to go, if it checks out for safety. And it is also, the nice part is, we have four companies you , could s
Theadies and gentlemen, president of the United States accompanied by the Vice President of the United States. Pres. Trump thank you for much. This is a very big day for our country. It is an affirmation of the work we have been doing for three and a half years. This is not just over the last few months, this is for three and a half years. It is a great thing. We were very strong. We had the greatest economy in the history of our country. We had the greatest economy in the history of the world. And that strength will let us get through this horrible pandemic. Largely through, i think we are doing really well. I had a meeting yesterday on vaccines and we are doing incredibly well with that. I think you are going to have some very positive surprises and wisely cs, like likewise, we are doing extremely well. Cures we are doing well. I think those two words blend with each other. Tremendous progress is being made on vaccines. We are ready to go in terms of transportation and logistics, ove
It came down, 13. 3 . The government says the resumption of Economic Activity at the end of may led to an increase, repeat, an increase of 2. 5 million new jobs. It was supposed to be a loss of eight million. Clearly a lot of people were recalled to work and went back to work. Now, to say this is a surprise is the understatement of the century. I will say this. The recovery is obviousily a lo stronger and faster than anyone thought. Back to the numbers. Dow industrials going to be up over 600 points, about 2. 5 . The s p will be up 1. 6 , 50 points to the upside. Even the nasdaq has dragged out a small gain now. A little pressure on the techs earlier but they turned around. Lot of green on the nasdaq. Its up 29 points. At the opening bell today, the dow will be roughly 8,000 points above where it was on march 23rd. Its the most explosive rally in history. And just tweet, this is a tweet just in from the president , he says he will hold a News Conference at 10 00 eastern of course on th