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This morning. Markets are pointing to higher opening this morning. Possibility of more stimulus of holiday shorten week, this after Third Quarter kicks off with mixed day yesterday, nasdaq with 12th record close of the year. 95 points at 4 00 oclock on wall street yesterday. Meanwhile more stimulus ahead. President trump telling fox business he supports additional money going directly into americans pockets, hes looking to add incentives to get people to back to work. Warning of market crash of former Vice President joe biden gets elected. The house takes action over hon hong kongs actions. All that coming up. Officials finally taking action in seattle meanwhile clearing out the autonomous zone after 3 weeks of occupation, then this, tesla driving to new heights, charging past competition, largest automaker by market value surpassing disney and cocacola. Mornings with maria is ....
One thing that continues to puzzle people is the multiinflammatory syndrome where kids kind of get that certain kind of rash when theyve been exposed to covid. Can you talk about how thats manifesting itself . Sure. A couple of things. Youre right. Its called misc. The fascinating thing is were only about four weeks into learning about this disease. It first came up in the United Kingdom and italy where reports of kids with fever and rash and some got very, very sick over a short period of time. Right about four weeks after the adult peak. So what that has taught pediatricians and really taught the world is we thought children were not being affected by this disease, certainly very few kids have gotten the pulmonary disease that adults have. So that caused a little bit of concern in the pediatric community. A couple of things i think families should know. Number one, its very rare. Weve seen hundreds and hundreds of thousands of c ....
This on top of slight gains yesterday at 4 00 oclock. Markets were up. As you see dow industrials up 33 points and nasdaq up 139. Getting america working once again. President trump announcing plans to reopen the economy in phases. The president went through it yesterday. The Small Business aid program has run dry on capitol hill. The battle is waging on how much money, how much to add to funds to help business and American Workers now. Coronavirus is taking a toll on the chinese economy. It has contracted 6. 8 in the First Quarter. First ever quarterly contraction and wuhans death toll revised up 50 adding fuel to questions of beijings actual reporting on the virus. Secretary of state mike pompeo live at 8 30 a. M. Eastern on the possible origins of the virus as more people focus on the lab in wuhan, something that ive ....
Steeper falls on this but this is still early doors with what is going on with the benchmarks. Certainly what we also have going on is the treasury market as well. Seen a bit of the paring of the gains we have seen. Yields moving slightly to the upside. 1. 71 or thereabouts on that. Looking at futures. Flat for the s p on the futures. Lending a little bit of support. Cnh pretty much on move, we could see a gradually could get weaker. The offshore yuan 7. 07. Looking at sterling, we have 1. 30. Ver we have continued polls coming out suggesting the conservative well, boris johnson, did with the majority after the december 12 election. Thats what we have at the moment. Lets go to new york and join su keenan. Su we start with President Trump who is done a you turn on nato switching 180 degrees from his criticism to claiming credit for strengthening the alliance. Trump was especially vocal on efense spendingspens complaining that wash ....