Right now the focus is on states and cities that are holding back on reopening and phased reopening plans at this stage here. Looks like it is relatively contained but all of this in an environment where the number of cases has picked and the World Health Organization says the worse could be yet to come. Interesting development as well in england they were reordered to institute lockdown measures. That is follows on heels with other Foreign Countries bedevil ed openings not going necessarily to plan. Im not talk being about what is rapping in russia, india, spikes in cases in japan and the seoul, south korea area. The fear this seems to way on the markets eventually. Something that will slow certainly the reopenings and the economy and recovery that many hoped to see from that. Very tepid. No matter what happens today. Looking like a boffo month for all the major market afterrings, certainly a very strong quarter. The strong first half of the year, well get into all of that, first to c
trying to portray himself and china as peacemakers the white house today calling on congress to claw back ceo bonuses from the failed banks and make it easier for regulators to bar them from future employment. as the treasury secretary prompts j.p. morgan s president to bail out another failing california bank. the former fdic chair raised the alarm about the 2008 financial crisis, she s joining me today good day i m andrea mitchell in washington the international criminal court of justice issuing arrest warrants for vladimir putin and his commissioner of children s rights accusing them of war crimes, deporting thousands of children from ukraine to russia. moscow has denied all allegations of war crimes in ukraine. let s bring in dan deluce. it s very significant first of all, it s laying at putin s feet, this well documented chain of events by human rights organizations and western governments and our fellow journalists that children in ukraine have been forcibly deporte
Maria good Tuesday Morning everyone, thank you so much for joining us this morning. I am maria bartiromo, tuesday may 7 from the milken global conference in los angeles your top stories right now 6 00 a. M. On the east coast the latest in rafah israeli officials have gone in the officials confirm either taking control of the rafah crossing after launching a ground operation yesterday more on that coming up this morning with texas congressman keith self and virginia congressman rob wittman still ahead antiisrael protesters speaking havoc around new york city hundreds of demonstrators taken over central park yesterday burning the American Flag, vandalizing memorials, blocks away from the met gala which they also traveled up to more on all of this coming up, new york versus trump the trial resuming with a brandnew witness while judges threatening to throw donald trump in jail for violating gag orders who they said yesterday. This is a political witchhunt election interfering and really tr
Thank you tour, talking at rallies that. He spoke at a carrier plant in indianapolis announcing the details of that deal that he struck with the company to keep hundreds of manufacturing jobs from leaving the United States. We have more on all of this coming up. Connell back to the record day on wall street first. It is a brand new record high, for the dow just below 19,200. The 9th since donald trump was elected. The other thing were watching of course is oil. It is continuing the tear as well. Price futures, fox business contributor out in chicago at cme. Ashley webster, meantime joins us first from the New York Stock Exchange. Lets go through some big winners on pretty big day, ashley . Pretty big day. The 18th, hohum, record close of 2016 for the dow. As you mentioned nine since donald trump won the election. Take a look at financial sector. They were a huge winner in november. Certainly after Trump Victory and starting off the new year in the same vain, new month, december 1st. Go
Way higher. Stocks ending higher, tech and utilities leading the gains for the s p. Utilities would make sense, when it comes to rate rises. The highest for the s p this year, positive territory yet again. It does feel like this is a general risk on a rally, people are not differentiating that much at this point in time. And they are already not on the fix. Vix. We saw the volatility go down a bit. And tracy, you pointed out, a lot of Hedge Fund Guys were into the vix. It is at the highest level since 2004. Tracy they are not going to be happy with that vix collapsed. We could see that exacerbate the fall. That is something to watch for sure. Lets take a look at currencies. Yellen is talking, dollar falling on the back of this. It is now on course for its worst month in five years. Which is pretty amazing. Because we have that weaker dollar, that is feeding into emerging market currencies. Idiosyncratic situation in brazil right now, but that moved sharply higher on the back of yellens