Well talk to one about what shes doing to protect her homes. A little good news and positive trends being seen at airports around the world. Friday may 8 you are watching Worldwide Exchange here on cnbc good morning, good afternoon, good evening welcome from wherever you are watching im Brian Sullivan i think i speak for all of us as a say tgif stock futures are up 270 points right now. Perhaps the Market Knowledge of the day, for some reason, if you tuned out yesterday. We have some gains the nasdaq is now higher on the year hard to believe given all that is going on across the country it is true with yesterdays gains that the nasdaq is now positive the more condensed version is up 4 this year it is really the big five Technology Names you know. Apple, google, microsoft, facebook are up on average 10 despite concerns about Consumer Spending on advertisement. Google and microsoft are up. Improving is the work from home and stayathome stocks. Zoom, netflix, paypal have all soared since
The department of Justice Reportedly now taking a closer look at potential fraud. Boeing saying, no thank you to the government bailout taking matters into its own hands it is friday, may 1, 2020, here on cnbc. Good morning, good afternoon, good evening and welcome im Brian Sullivan thank you for joining us on this friday and applicants 427 days are now over it is may 1 but stocks are looking weak to start the month. Futures are off sharply 450 on the dow as President Trump threatened new tariffs on china partly because of the retaliation on the coronavirus pandemic and what he views as misinformation all of this as the s p and the dow closed out their best month in 33 years. The nasdaq, their best in 20 shares of apple are under pressure this friday seeing weak iphone sales around the pandemic but services did surge as everybody is sitting on the cloud. Ceo tim cook pulling apples guidance saying, quote, he has great confidence in the longterm business for apple in the short term, it
Because there is some, not a lot but some cautious optimism starting to trickle out around both the markets because they ended their day and they ended their week higher as well. Perhaps some hope on the horizon about america getting healthy and getting working again. But tim seymour with 22 million filing for jobless benefits in just the last three weeks wiping out a decade of job gains, no doubt some very hard Economic Times for millions of people still to come. Is there really any good reason for markets to be rising like they have been i think its a liquidity squeeze. Its been a skepticism trade that has squeezed markets higher it has been a combination of the Federal Reserve expanding its Balance Sheet to 6. 1 trillion. Its been all of this well ahead of the recession frankly its been a dynamic where i think the positioning of markets allowed markets to push on higher it doesnt change from where we are but obviously we started all this on covid19 as weve gotten more clarity on cov
Gaveltogavel coverage of the u. S. House. Members will begin work on an bill. R trading live now to coverage of the u. S. House here on cspan. The speaker pro tempore the house will be in order. The prayer will be offered by our chaplain, father con rye. Chaplain conroy let us pray. God of wisdom, we give you thanks for giving us another day. Prior to the great compromise, Benjamin Franklin addressed the constitutional convention. Quote, we indeed seem to feel our own want of political wisdom since we have been running about in search of it. This situation of this assembly, groping, as it were, in the dark, to find political truth and scarce able to distinguish it when presented to us, have we now forgotten our powerful friend . Lord, you are the powerful friend referred to by franklin and we turn again to you to ask that your wisdom might break through the political discussions of these days. Bless the members of the peoples house and all of congress with the insight and foresight to
We are going to use technology, we will use gas, guests, we will get a confident score, but we will make sure that we can stay behind every single listing, every single host. Reporter airbnbs goal is to have everything verified by september 15th, 2020. The company is also launching a 24 hour hotline for guest, neighbors and others to report problems. Starting next month, airbnb will rebook guests or refund the money if the check into a property that doesnt match what was shown online. This comes after a vice new story revealed some host for putting guests up at inferior properties after claiming the original ones were unavailable. Two inmates who escaped for the Monterey County jail are back from behind bars after days on the run. The two murder suspects were captured by the feds hundreds of miles away near the mexican border. Reporter drew andrea. Reporter Jonathan Salazar and carlos reentered the county jail in handcuffs. Discovered they were missing about 8 15 in the morning, Border