Thats how unconventional all these polls are right now. Were also going to follow more as the markets sort of i digesting the news we got out of the likes of alphabet, amazon and apple. By and large, the numbers were pretty solid, they just werent solid enough, and its weighing on the techheavy nasdaq as a result. Much more on that in a second. Now back to the cases at hand that are getting a lot of attention. 12 states now are reporting record oneday increases including illinois, indiana, maine, michigan, minnesota, missouri, nebraska, new mexico, North Carolina, north dakota, oklahoma, ohio, oregon. These are not just with oneday blips. These are new causes, the highest cases, the highest ever recorded since the pandemic began. Furthermore, 91,248 americans, more americans just tested positive for the virus. It is the highest of the pandemic period. Thats whats weighing more on the markets than anything else, the idea that these expanded cases and the kind that were seeing in europe
Dawning of more Business Opportunities along the peninsula, this as San Mateo County along with marin county moves into the orange tier. Its a credit to the area. Its great. Its a day to celebrate. That being said, its not a day to be complacent. The county supervisor remembers the four counties once had a substantial risk of covid infections. They had four to seven infixes each day. They said Wearing Masks and gloves and social distancing and washing hands has reduced the risk to moderate. The counties have no more than 13 new cases per 100,000 people. The upgrade in tier ranking means businesses can act if full capacity. Dine in restaurants can have 50 occupancy or 200 people, whichever is less. Being able to open up a little more for these Small Businesses will provide relief. Even so some residents say theyre uneasy resuming life is normal. I dont feel safe going inside of the a restaurant and eating indoors. Whats changed, its in our droplets. If im eating indoors with the mask do
On a friday in june, this is a huge deal. For me, the headline of the week was qantas in australia delaying International Flights into october. Madame lagarde is on that calendar. Im sure what she is saying come and much of what we saw in the United Kingdom yesterday, is lets get to it and keep the fiscal stimulus pressure going. None of these people are standing aside and relaxing. They clearly seems to be the message. Francine 100 . If you look at the shift of a lot of the language of the Central Banks, they see the range of forecast tilting slightly to the downward compared to where they were months ago. We will have plenty more on the markets. Lets get to first word news in new york city with ritika gupta. Upika china plans to speed purchases of u. S. Farm products to comply with the trade deal. Beijing will buy everything from soybeans to corn and ethanol. Purchases fell behind because of disruption caused by the coronavirus, and the countries have been sparring over the origins o
Dow futures are down by 40 s p futures down by 5. 5. If you want to take a look at the treasury market, the tenyear right now at this point, of course wti, i should point out, is down by 2 still trading above 24. The tenyear yielding 0. 7 0. 697 andrew well get an update on the pandemic the number of cases worldwide, crossing 4 million with 1. 3 million, thats in the United States the biggest hot spots in america are new york, new jersey, massachusetts and illinois all with more than 75,000 cases. Now, new yorks Governor Cuomo saying yesterday the number of new cases was back to the level from two months ago. Lots of good news there, when he first issued the shutdown order. Overnight, india, reported 4,200 new cases in the last 24 hours the largest single day increase in the country they are entering the final week of a nationwide lockdown a few cluster formed around nightclubs in south korea. They eased restrictions last week but on saturday, shut down all clubs, bars and discos in se
Die after spending months adrift on a boat. Battling poverty and decades of repression we look at how one Indigenous Community in canada is no working to prevent the fire spreading. And on santa hamas has support around the world continues to take a big financial hit u. S. Soccer federation asked me no 4th deployment of the knows its Youth Development academy having a World Champion at womens team. The covered 1000. 00 pandemic has left no country touched and its having widespread ramifications not just in health but in politics and diplomacy to china which was the initial epicenter of the outbreak has once again strongly. Decides the u. S. President s decision to cut funding to the World Health Organization state media is calling it a move against humanity that affects every country by the International Monetary fund says the crisis will cause asias economy to stall at 0 percent for the 1st time in 16 years it says the outbreak has taken an unprecedented toll on the region trump donal