With the some sort of spike in the virus, hopefully not. If that happens that would certainly affect the corporate profit outlook. We are looking at a move into the cyclicals. The Financial Sector being helped out by a steepening yield curve. One area of weakness around china because there is heightened china tensions, chips trading lower on the day. On the year, lots of room for the cyclicals to make up given the fact the s p 500 is down 6 . Etf down 18 . Leading the way still is the fangs, the stayathome trade. David a lot of us thought the markets would take a hit because of the horrible protests as a result of the killing of george floyd over the weekend. They did not react to that. We were worried late friday that President Trump would be going after china, yet the stocks did not react negatively to that, even though we learned today agricultural imports might be cut. Is that because the president warned more than he did . Abigail that was more a case of talking the talk and less
California will open movie theaters on friday, at least in a limited capacity, but they are opening. Guess what . We have an ipo today. Remember those . Vroom, an online used car retailer, goes public this morning. All positive signs abound. Yet the media is jumping on the headline from a group called the National Bureau of Economic Research. That Group Reporting late yesterday that we are officially in a recession and that it began in february before the pandemic. Still scratching my head on that. You can bet we will be discussing it. And heres another return to normal for you. President trump says he will begin holding Campaign Rallies again in just a few weeks. The Trump Campaign will be joining us in the 11 00 hour. Lets go ahead as always. Im Ashley Webster. Varney company starts now. Ashley lets get straight to your money. We will start with the losers. First up, the airlines have had a really good run of late, as we know, but as you can see across the board, check out american a
While on the other side the most radical members say the bill falls far short of their goals. The democratic defection showing up early today when 14 democrats voted against pelosi on a procedural resolution for the bill. The bill includes an order for the department of Homeland Security to expedite visas for Foreign Workers who want to come to the United States and be employed in medical fields. This at a time when the Labor Department reports 135,000 jobs in american hospitals alone were lost last month. The bill also provides a way for prisoners to be released should they have asthma, diabetes or be over the age of 50. Unless there is clear evidence, imagine this, unless there is clear evidence that they will harm another person. Thats quite a high bar, isnt it . The bill even giving a Million Dollars for the study of disinformation related to the wuhan virus, presumably e to study china. The white house has already issued a veto threat against the bill. Senator Mitch Mcconnell had
While on the other side the most radical members say the bill falls far short of their goals. The democratic defection showing up early today when 14 democrats voted against pelosi on a procedural resolution for the bill. The bill includes an order for the department of Homeland Security to expedite visas for Foreign Workers who want to come to the United States and be employed in medical fields. This at a time when the Labor Department reports 135,000 jobs in american hospitals alone were lost last month. The bill also provides a way for prisoners to be released should they have asthma, diabetes or be over the age of 50. Unless there is clear evidence, imagine this, unless there is clear evidence that they will harm another person. Thats quite a high bar, isnt it . The bill even giving a Million Dollars for the study of disinformation related to the wuhan virus, presumably e to study china. The white house has already issued a veto threat against the bill. Senator Mitch Mcconnell had
While on the other side the most radical members say the bill falls far short of their goals. The democratic defection showing up early today when 14 democrats voted against pelosi on a procedural resolution for the bill. The bill includes an order for the department of Homeland Security to expedite visas for Foreign Workers who want to come to the United States and be employed in medical fields. This at a time when the Labor Department reports 135,000 jobs in american hospitals alone were lost last month. The bill also provides a way for prisoners to be released should they have asthma, diabetes or be over the age of 50. Unless there is clear evidence, imagine this, unless there is clear evidence that they will harm another person. Thats quite a high bar, isnt it . The bill even giving a Million Dollars for the study of disinformation related to the wuhan virus, presumably e to study china. The white house has already issued a veto threat against the bill. Senator Mitch Mcconnell had