They hit the take and have full analyst with panel. We have the latest on the deadlock coming up. Turning to markets this morning, futures under pressure ahead of july jobs report. Take a look. We are expecting a decline right out of the gate on dow industrials, nasdaq down 55, s p down 17 after markets ended yesterday near session highs, in fact, nasdaq scoring a fourth record close in a row. Dow industrials up 185 points yesterday and nasdaq 110 and s p up 21 at 4 00 oclock on wall street. Unrest in america, portland plagued by violence and fires overnight. Federal agents headed to two more cities as part of operation legend. Mornings with maria is live right now. Global markets this morning under selling pressure. Take a look at up european indices, dax index in germany lower by 28. Germany showing some signs of recovery, 8. 9 in the month of june. In asia overnight markets were mostly lower following President Trumps executive orders. Shanghai composite down 1 , hang seng and hong
Month. The Unemployment Rate fell to 11. 1 . That is sparking a rally as investors also ignore rising coronavirus cases. Right now, as you can see, we are hovering just above 26,000. We may hit session highs once again. The dow was up more than 400. We will see if we can kick it up in the last hour. The s p up 34, the nasdaq up 122. This could be the 23rd record close for the nasdaq and second day in a row we got records for the techheavy nasdaq. We shall see. The june jobs report reflecting the reopening of america. Atlantic city casinos rolling the dice on reopening today. The ceo of golden gate casino shares his advice for his competitors after opening his vegas casinos just last month. But gym owners are still waiting for the green light to reopen in many places. Beach body ceo and founder on gym owners rights to the workathome boom. And its ipo day for lemonade. We will talk to the ceo of the insurance app thats targeting millenials and disrupting a very traditional industry. Less
Of the coronavirus, the slow sometimes bumpy reopenings across the country, to say nothing of the protest and a lot of people on wall street say hey you arent jiving with whats happening on main street and then low and behold we get this stunning jobs report that changes the equation and has people thinking that you know what . Maybe the markets have been right all along as they again tease record territory, virtual ly all of the s p 500 sectors are advancing right now, and the rate on a long bond here a 10 year note as is better known, man oh, man thats practically hyper inflation. Were just around 1 ,. 93 who would have thought a year ago if i were to give you a quote like that that id say it is rocket ing backwards, but it is, especially from where we were, not too many weeks ago remember we were darn near 0 they were talking about negative rates. Were not out of that mathematical woods here but it does change the overall sense of where were going with this market. Jackie deangelis
Higher by 35 after the s p snapped a fourday winning streak yesterday, the dow, nasdaq and s p 500 still on track for third week on gains this week, boosting the American Economy, the white house working on another round of stimulus reportedly to the tune of 1 trillion. We will talk about it. Meanwhile protestors taking to the streets for a tenth day in a row, mostly Peaceful Demonstrations happening from coast to coast as memorials are held for george floyd, clash of tech titans, elon musk is calling for the breakup of amazon. Meanwhile slack and amazon are joining forces to take on microsoft. Joining me at 8 50 eastern on powerful alliance. Getting make back to work, universal orlando opening gates to public and nba has plan to return july 31st. Mornings with maria begins right now. Global markets this morning with firmer tone, take a look at european indices right now, the cac quarante in paris is up 106, better than 2 and dax index in germany 213 points. European markets closing ou
That shape which would be very good news. Taking a look at some stocks, apple as you mentioned alltime highs, adobe, amazon, microsoft, all close within 3 of alltime highs. Thats a range of different kinds of stocks. Apple and microsoft are the two most valuable stocks that i track, two of the most valuable companies in existence right now. Adobe had been more of a kind of growth momentum play type stock despite fat k despite fact its big and strong and has strong growth. For that to be as close to high as it is and up nicely this morning as well, serge sacertais something morgan. Weve been talking about it all week, the rotation into the stocks and sectors that are tied to this reopening narrative that were seeing play out across the country and really across the world in general perhaps unsurprising to see airlines, leisure and hospitality, banks and financials, the type of stocks leading the market higher today, even though from a sector standpoint in the s p every sector is in the