Im Andrew Ross Sorkin with joe kernen and melissa lee becky is off again we are about 111 points up now s p 500 looking to open about 11 points higher. Flip is around and show you we are at. 952. Still under the six handle i always wonder what the bond vigilantes are thinking now relative to our little equity world. Worth noting we are still 3 well away from the february record highs some highlights. The ceo of Tractor Supply, auto nation venture capitalist, treasury secretary mnuchin, house leader and twitter ceo. A huge lineup straight ahead thats a big show yeah. You guys always have a big show but this is particularly large. For you because you are here people said, melissa will be on book her i think they wanted to do it for you but i think they were scared if they didnt do it of me thats the feeling they got they didnt want to disappoint you. I doubt it thats nice to say but i doubt it im not a scarey person. Im not. Maybe to you nows this morning out of washington. Reaching Comm
Congress now considering a temporary Unemployment Insurance extension. Ahead on todays show, as more government money flows into vaccine efforts, well speak with the ceo of thur ermo fishe. Plus micro Loan Campaign affirm striking a deal with shopify well teex wispeak with marks ln about that and a number of names are reporting after the close including microsoft, tesla and chipotle those numbers could move the market this evening. Lets get straight to the big stories were watching today mike santoli is tracking all of the action meg tirrell has the latest funding for pfizer and phil lebeau has fresh comments from the ceo of united about what a vaccine would mean for his business subdued summer choppy action the Market Holding up near recent highs the major takeaway from the action so far. The s p 500 on a oneyear basis, you could look at this and say were laboring to make further upside from where we got in early june that is true this looks like relatively defined uptrend. The questi
An upgrade yes, thats a hint. We start off tonight with hello from the other side hello from the other side are the markets trading like we are on the other side of the Coronavirus Crisis despite the spike in cases around the country . The reopening trade, that was on fire today and so far this week, cyclicals have been the big gainers, industrials, energy, materials and small caps what has under performed, Big Cap Technology guy, whats going on here . Are we on the other side as far as the stock market is concerned . I tell you whats going on here im going to offend 90 of our audience by saying despite the fact that adele is a huge fast money fan, that might be the most annoying song in the history of mankind. Thats why we used it. Notice i was closing my eyes. Hello from the other side thats why we keep playing it. Trying to zen out typically on a thursday im in a really good mood you play that and im miserable now. I dont know what to tell you. What i tell you about the other side i
To do more to help those who are out of work other saying millions of americans who lost their jobs will not get them back, even after the country fully reopens. Tonight, there are more signs the country is reopening, and some people are going back to work and the Worlds Largest theater chain says it will start showing movies again in july, and vacationers are back on the sands of miami beach. 16 cases are seeing rises in coronavirus cases, including texas and arkansas, where hospitals there are facing record numbers of coronavirus cases. As we come on the air, more than 112,000 people have been killed by the virus nationwide, and there are nearly two million confirmed cases here in the u. S. Tonight, cbs news has learned the president s Coronavirus Task force is privately warning governors there could be an even bigger spike in cases following those protests over the death of george floyd. Floyds brother was on capitol hill today, calling for change to the nations policing practices.
Emotional testimony on capitol hill, demanding justice. Im here to ask you to make it stop. Stop the pain. Stop us from being tired. Odonnell nascar bans the Confederate Flag at its events, as the army considers renaming bases named for confederate generals. How the president is responding tonight. Breaking news family members say remains found buried in idaho were those of two missing children. The new charges against their stepfather tonight. And the story of a chance encounter on a flight leads to a conversation about how we are a lot more alike than we are different. This is the cbs evening news with Norah Odonnell, reporting from the nations capital. Odonnell good evening and thank you for joining us. We are going to begin tonight with a sudden surge in coronavirus cases across the country. At the same time the government is warning that the financial damage caused by the pandemic will last for years. Tonight, the head of the Federal Reserve says congress may need to do more to he