Actions taken on pandemic and how money is being spent today. Getting america back to work today, larry kudlow will join me today at 8 30 a. M. Eastern live on the reopening of American Economy and rebound hes expecting and what if any additional stimulus is needed. We will also get into china. Turn into markets this morning. Futures are turning direction this morning. We are expecting weak opening this morning for stock prices, s p futures down 10 and nasdaq futures lower by 12 this after positive news from moderna on vaccine trial help fuel strong rally for stocks. Dow industrials up 911 points yesterday almost 4 . The nasdaq was up 220 points and s p was up 90 all the major indices up 2 and a half and 3 and a half percent. A closer look at the Pandemic Impact on retail this morning, this morning we will get walmart, hem depo who remained open reporting earnings. More stores and malls are reopening even in the face of bankruptcy elsewhere. Who would be held responsible . Attorney gen
Tepper and Stanley Druckenmiller both say stocks are overvalued u. S. china tensions flaring again as the fbi warns that chinese hackers are targeting covid19 research firms. We have a big lineup of guests today to help break down this selloff including bill mill miller, david harrah, david ruinstein and Liz Ann Saunders from Charles Schwab. Down 550 points, down 620 moments ago. Weve got full Team Coverage of todays market downturn. Scott wapner, mike santoli, and Steve Liesman with us. That bearish call from apple when asked about Hedge Fund Manager Stanley Druckenmillers assessment that the risk reward in the market is, quote, maybe as bad as ive seen it in my career, heres what he said. Its definitely as of yesterday, now the market is down from yesterday, i would say that, you know, 99 was more overvalued than 2000 but, yeah, i would say its one of the most overvalued markets, maybe second most overvalued i seechb the market is pretty full but theres a lot of liquidity there. Its
Janet, when did you start your bookstore . We started with our first incarnation in 1989, we just celebrated our 30 years of selling books in detroit and not that time we were vendors going to put people from showing up and into thousand two we joined a collective of three independent stores that share the space and in 2013 we moved into the space that we run now midtown detroit. How far from the downtown area are you in detroit. We are about eight or 9 miles, downtown is one district as they say now in detroit and midtown is the next district after that. Years ago a news center was created, another part of the city and that is another five or 7 miles beyond us. We are in the heart of the cultural life of the city with the universities, the library, the main library, the university, the Health Center and a lot of galleries in africanamerican museum, the historical museum, were in a cultural rich area of the city and its really the heart of the city. You are just a couple blocks off woo
Welcome. We appreciate you being here tonight. Well get right down to business because time is limited. It has been a trying last few days in kentucky and across the nation. An emt was shot while she was in her home and today we understand the killing of a Business Owner in louisville. A lexington minister said last week, during one of Andy Beshears press conferences, when he was talking about Racial Injustice and alleged Police Brutality, he said it is not the minority population that has been silent, but rather the majority has been deaf. We will start left to right. How have you actively sought to be a part of the solution to heal racial divisions and not just action list rhetoric. Name one specific policy or action you commit to doing, win or lose, going forward. Renee, thank you for starting this forum off the right way by addressing the challenges that kentucky is facing. I barely made it today because i left the streets where so many people of kentucky are demanding justice and
And getting back to business in the empire state as a slow reopening in new york today. It is friday, may 15 you are watching Worldwide Exchange here on cnbc good morning, good afternoon, good evening welcome wherever you are watching happy friday, we made it here is how money is setting up for the final day of the week. Dow futures up about 75 points we snap a threeday losing streak still the major averages are back late in the week. Dow is down 3 s p off 2. 5 even the snnasdaq is down 2 . Only amazon is higher this week. The russell 2000 has been the market story down 7 coming in today. Watch for a rebound. That index down 26 on the week. Also watching oil. Indicating demand increase coming off the highest close in six weeks. Up 11 and brent crude is back above 30 a barrel hardly a big number but at least it is not in Single Digits or even negative. Global markets in asia the Chinese Markets are down and rising in europe, more tough Economic News as money is contracting but not unexp