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Straight weekly gains of more than 3 . The stocks index heading lower given their exposure to china and some of the heightened tensions you have between the u. S. And china. The only one of the major averages in the red. The risk off tone means you are getting a lift up on the long end of the curve, up five basis points. To give us a risk off tone. I want to talk about some of the Economic Data that we saw. To. Manufacturing pmi rose aprilsmay from alltime low. Manufacturing picked up a bit but stayed below 50. For more, i want to bring in our International Correspondent michael mckee. What is some of the manufacturing data this morning telling us about where we are . The basic message is me will not see a recovery. Shaped recovery. The chinese numbers, which came out over the weekend were down a touch. They reopened earlier, so their numbers are higher. Europe is ....
Path toward victory is virtually impossible. So while we are winning the ideological battle, and while we are winning the support of so many young people and working people throughout the country, i have concluded that this battle for the democratic nomination will not be successful. And so, today i am announcing the suspension of my campaign. Please know that i do not make this decision lightly. In fact, it has been a very difficult and painful decision. Over the past few weeks, jane and i in consultation with top staff and many of our prominent supporters have made an honest assessment of the prospects for victory. If i believed we had a feasible path to the nomination, i would certainly continue the campaign, but its just not there. I know that there may be some in our movement who disagree with this decision, who would like us to fight on to the last ballot cast at the democratic convention. I understand that position. But as i see the crisis gripping the nation, exasperated by a p ....
His tweets and stuff, because i dont mean this in a mean way, i dont really mean this as a criticism, its just a fact, an observational fact, that a hallmark of this presidency is that the president frequently says stuff in public that isnt true, and i, therefore, usually dont want to put things he says on tv, because i dont want to help him or anyone spread untrue things, spread madeup stuff, thats being said for nonsense or political purposes. I mean its a weird, this is an uncomfortable truth about how we produce this show now. It is a weird time to be in the news business, where you really reliably cannot play any tape from the stitting president of the United States, without also bookending it with caveats and corrections, and clarifications, about all of the things the president just said that are false. So what has evolved over the past three, whatever years of this presidency is, that we usually just dont bother. We report ....
He meant america has prevailed on testing, which is not true. It is true that Testing Capacity has increased considerably in the u. S. As the atlantic pointed out friday, the country faces the same problem today it did two months ago. There are not enough tests to contain the virus. With the president ial election looming, the white house is trying to convince the American People they can have confidence as they go back to the public square. A big part of that is trying to convince americans most whom know better that we have enough testing. As reporters pressed trump on his testing claims today, he abruptly ended the press conference, walking away from his only Mission Accomplished speech. The president wants you to act like a warrior. He said this. Hes used this metaphor, to rush out into public, to risk expos ....