Markets this morning are lower. Mixed picture at the start of trading, dow industrials down 68 points. Nasdaq up 30 and the markets were able to cut losses almost by half. Dow, s p 500 are on track for winning week despite 140 points lower for the white house. Battle for the white house goes prime time. Biden breaking down the election as scranton versus park avenue. Power panel hour. Cohost of the 5, Juan Williams is here and joe concha to tackle what is going on and backlash of facebook spying on instagram users tapping into your phone camera. Mornings with maria is live right now. Global markets this morning look like this. European indices are mix. Cac lower by 15. We did get positive news on the brexit front. European Commission President saying shes convinced a deal is possible following a round of informal talks in europe. Take a look at indices. You will see the shanghai composite was up better than 2 . Some op the top stories that we are watching this morning. President trump
Plus tiktok continues to tick in the u. S President Trump gives his blessing to oracle and walmart buying a 20 stake and shares of electric truck maker nikola tumbling after a firm accused the company of making, quote, an ocean of lies. Jim, theres going to be a lot to process, not just today but all week long. We have 14 fed speakers during the course of the week and powell three times well, look, powell is on the side of those who believe you should be a buyer. Its pretty clear that powell does not want things to collapse a stimulus dealdeal that seems like a thing of the past were down off of something no one understands. Maybe uk lockdown. Thats not us. Maybe madrid lockdown not us this banking story so emamorfs in other words, what im saying is weve been down for three straight weeks, carl the big faang stocks are down double digit this is when you start thinking maybe there is something to buy. Its been so bad for so long and everyone is watching and these things are really going
Are. Obviously there is no evidence to support your claim that we. Have been to the 5. Countries that attraction. Absolutely. Has the. And beating that into an entire 2 problem in a 5 pm so we. Technology. And science are intact and intellectual. Back to really see how things need to get out after we have the countrys best and the nations the knowledge in all hons. But without question there are massive concerns over how the u. K. Government perceives not only walk away as a Telecom Company but whether while way is working with the Chinese Government joining us now to discuss the report which board member with the British American business is o. C. A. Cohost and investigative journalist swann thank you both for being here heather i want to start with you. Seem to be angry during much of the questioning and most of it is centered around the belief that the chinese firm is independent of beijing is in full influence and they say that simply is not a credible statement do you believe that
Up amid pressure from the United States could threaten the islands 5 g. Rollout players we bring you up to speed on the ongoing tech spat between the west and china and russia which 19 pandemic is ravaging the United States at a time when millions of americans do not have a primary care physician but that could soon be changing later we welcome rick sanchez host of the news with rick sanchez to break down the potential moves and what it could mean for americans plus. In july will be the month of mars as 3 nations are taking to the red planet we take a look at the missions and what lies beyond with a packed show today so lets dive right in. And while away is fighting for its corporate life in the u. K. As executives test it by thursday before members of parliament among the questions that were asked of while way is how can the u. K. Trust that while ways build out of 5 g. Technology wont compromise security heres some of that exchange. Try to sort it its true or. It will. Try. This for
Quickly. And staying strong. The worlds top iron ore prices are among the highest out of china. Shery lets get you started with another check of how markets are trading at the moment. Futures underu. S. Pressure as stocks fell to the lowest level in two weeks. We are seeing it down 0. 7 . Than 2 ,00 lost more same for the dow and the nasdaq. The dow losing more than 700 points. We had the sharp increase in virus cases, adding to economic anxiety. So risk off positioning was very strong last week. We did get positive data over the weekend, signs that the chinese economy is continuing to recover and profits rebounding in may for the First Time Since november. Take a look at what oil is doing because it continues to fall. Actually, we saw a second week of declines, the second weekly decline since april. We continue to have these lower prices after a cautious rebound, now headed towards 37 a barrel for wti. We also had chesapeake filing for bankruptcy in the u. S. , one of the biggest vict