Commodities having a positive session the far. Astrazeneca stock is actually down today. The s p is up i 014 . It is a monday. We get vaccine news. Generally it is taken quite well. Cyclicals have a bigger day. That seems to be the narrative that is establishing itself. We do have a euro that has weakened. The manufacturing pmi data out of the united states, and i know the ism is more important in terms of what people look at, but nevertheless, the manufacturing data was strong, and as a result, the dollar went up. It does seem to be something of a consensus now that the u. S. Is simply a few weeks behind europe. You only have to look at what is happening with the eurozone data today to get a sense of how far pmis can fall. Highs,off our earlier off by 0. 2 percent. Boris johnson is currently talking about covid. We are also possibly making some progress when it comes to the brexit story. Certainly today, the big driver is definitely that news on astrazeneca. Alix Boris Johnson saying
7. 44 . As you noted before the yield curve. Steepening and a rally in the financials you mentioned that june 10 was the high that was the day where the markets had their maximum enthusiasm about the strength of the recovery and how fast it would be that was the peak where the come back of value and cyclical sectors. That seems to be the dynamic and the push for which stocks were preferred and the market seven days in a row of records is not to be dismissed guys the intraday record high in this session and well have to see if this continues . Yesterdays high is around 3,500. Coming up, well talk about the abrupt halt to the sports world. We ha we have fed president s and the interim ceo of tiktok. What a story it has been and a soap opera all week long we are learning more in the details in the sale of tiktok after walmart confirmed it has teamed up with microsoft sources tell us that walmart ineshlly wanted to be the lead buyer together with what was alphabet and soft bank coo and ran
Even more retaliation. Weve got the latest. Markets this morning pointing to rally at start of trading upbeat news on Moderna Vaccine. Dow industrials up 556 points and nasdaq up 97 and the s p up 42. New covid warning, though, for expected mothers as baby contracts the baby in the womb. Everything you need to know coming up. Big win for apple this morning, European Union court ruled in favor of the Technology Giant over multibillion dollar antitrust tax bill. The stock is up on the news, up 1 and a quarter percent. Goldman sachs among big banks reporting today along with dow component and United Health, mornings with maria is live right now. Maria and european markets like the Investor Sentiment of vaccine trials and london better consumer data. The cac quarante in paris up 63 and dax index up 122. In asia overnight, mix story, take a look, asian indices finishing like this overnight with shanghai composite down, japan was up one and two third and the others fractionally moving. Some
Karl. In 91 he lost his wife and his home and everything they owned. How unlucky is this guy . Christina was trapped inside that bedroom with the fire raging just outside the door. It wasnt an accident. I heard my mother screaming. My father had said, mommys gone to heaven. It seems like every couple years something was burning. A lot of people said, when this guy needed money, a Family Member would die. Definitely a pattern there. First wife dies in this tragedy. Levi dies in this next . Was she convinced there was a iheowho . Theres erin. Wheres katie . Katie, look at grandma. Whats grandma arlene doing . Hi, katie my name is erin deroche, my name is katie reynolds. And karl karlsen is my father. It does seem surreal sometimes that this is my life. Does this much bad stuff happen to normal people . He lies, and hes able to manipulate people very easy. Thats who hes always been, so for me, i saw the monster more than the man. This is a story that has really taken years to unfold. I be
Harrington is the ceo and Portfolio Management at Gilman Hill Asset management, rob sechman is one of forbes top 100 Financial Advisers and rich sapperstein is back. He, as well, a top Financial Adviser, barrons, in the top 100 there. Lets get to the board, show you where we were currently trading. Pretty much highs of the day 550 for the dow, 2. 25 , 24,646 s p 500 trying to push towards 3,000, a gain of 2. 5 today, a gain of 73 points. Nasdaq, the outperformer of the majors at 3 , and theres the russell, which is having a good day as well, with a nearly 5 gain some 61 points there dow going for its best month since 87. The question is what all of this means for the coming days, weeks, and months ahead. Joe, im going to go to you first. You look at the drivers today, i mentioned the gilead news, and that is clearly overshadowing what was a dreadful gdp number fauci now is talking about the clearcut positive effects of this remdesivir trial. Boeings calhoun, the ceo saying the thaw is