Hitting an alltime high yesterday continues the momentum up another 37 points on futures this morning on nasdaq. Meanwhile investigating the origins of the russia probe as you could see the nasdaq is alltime high yesterday and general attorney general bill barr saying hes trouble of what has been called to his attention so far. We are waiting on criminal investigation by john durham and added that americans will be able to recognize some of the names under investigation as part of ongoing probe, we will have more on what the attorney general said today. The coronavirus pandemic, more businesses across america are opening but dr. Fauci is warning the nightmare is far from over. The World Health Organization is now walking back the claims that asymptomatic transmission is rare. Mornings with maria begins right now. European markets mixed, ftse 100 down 26 points, cac quarante down 21 rand dax germany lower. Bars, restaurants, hair dressers will remain close in july 1st in euro zone. In a
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
Good spirits. This hour brings earnings for samsung. A crucial report amid the virus disruption will show how the chip industry is weathering the global storm. Shery lets start you with breaking news out of south korea. We are getting become your current account balance. Right now, the surplus coming in at 6. 41 billion. Also for the goods trade surplus ining in at 6. 58 billion february. Both numbers are a significant rebound from the plunge that we saw in january when it hit the lowest level in seven years. Exports have been stabilizing after that hit from global trade spats and the double chip industries downturn. For the month of february, we are seeing an update and a rebound with a current account surplus at 6. 4 billion. The goods surplus at 6. 6 billion in february but of course we are headed to seymour economic fallout from the coronavirus outlet, so we will keep an eye on those trade figures out of south korea. For now, lets get you a quick check on markets. He restocks at th
Consumer stocks like kimberlyclark and chi pochi pot lay showing signs of strength. Well take a deep dive on the debate over how and when to reopen the economy well speak to the mayor of las vegas, who has called the a stayathome order in nevada total insanity and floridas Lieutenant Governor and well speak with cme ceo terry duffy about the wild swings in the oil market those negative prices. And billionaire harold hamms call for an investigation of crude futures trading. Lets drill down on the big stories we are watching. 59 minutes left of trade mike santoli tracking the market rebound. Phil lebeau has fresh comments from deltas ceo on the back of earnings and meg tirrell with the latest on the race for a vaccine. Mike, start us off with the market and the rebound were seeing today yeah, sara. Down about 5 in the s p 500 from fridays close through two days of trading, getting back in a very gentle way i will say today, kind of lowvolume trading. About half of that, not quite half if
With second largest point gain on record. Up 1,173 points yesterday for the duh industrials, that was 4 and a half percent. Nasdaq was up 334 points. About 4 . The s p 500 also higher by a quarter percent with a gain of 127 points. Coronavirus, crisis continues, california declares state of emergency as the number of patients in the golden state rises, the house passing 8. 3 billion bill to bat it will virus, the senate due to vote on that today. United and jetblue cutting flights to the United States, all that coming up. Samestore shelves, heared out of clorox and canned soups. Senator Bernie Sanders releasing ad barack obama praising him and joe biden hitting back and Mike Bloombergs expensive run to the end and is Elizabeth Warren coming next . Mornings with maria is live right now. Maria we begin with another volatile day in markets this morning. Take a look at markets overseas as we sea big selloff in the u. S. Cac quarante in paris down 91 and dax index in germly lower 120 points