Attorney whos investigating president Donald Trumps allies refuses to resign despite efforts to remove him. And a worrying combination the threat of monsoon rain in corona virus for injured stuck in the worlds biggest refugee camp. So then a call for Racial Justice that began weeks ago in the United States is echoing through other parts of the world for another weekend its just gone 4 pm here thats the french capital of paris where crowds are marching to highlight issues with Police Brutality and in the scottish capital Edinburgh People are demanding the removal of the melville monument that commemorates a politician who resisted calls to end the slave trade and in the United States 4 statues have been torn down in different cities this was washington d. C. Where crowds cheered as the any confederate general statue in the capital was toppled there also protests in the u. K. s capital and its with the marches and the london 90 once again protesters gathering right around the country. Th
Its down 207 but the russell 2000 has the biggest percentage loss. The small and midcaps are getting creamed, down about 3 right now for the russell. Powell tying an economic recovery to a Covid Vaccine and therapies that can cure horrific symptoms including a disturbing new lifethreatening clotting disorder like the blood clots that cost a broadway star his leg. Enter the biopharma ceo mike sherman, here in a fox business exclusive on his new anticlotting covid drug thats on the fda fast track. Boy, are they moving fast. Plus as the covid outbreak destroys huge retail names, its actually bringing back one from a near coma, at least the stock. Speaking of stock, its overstock. Com, not just alive but actually thriving with triple digit sales increases. Overstock ceo Jonathan Johnson here in a fox business exclusive on the steps hes taken to fill a leadership vacuum left by the controversial former ceo, patrick byrne, and the problems of coronavirus. Plus bring on the quarantinis. Alcoh
In just a few moments, we will be joined by the double line ceo jeffrey gundloch well get his take on all things market lets check to board to see where it stands. Russell 2,000 having have strong day as well. Everybody, its good to see you. Its a big week. How much is riding on it, do you think . Well, i would say here, i think this rally is going to get exhausted bit. I think were at a point many the rally where a lot of thing vs to go right in order for this to continue. This has really been driven by macro news we have to look at fundamentals. The expectations right now are a strong recovery starts in the third quarter. Youve got the major averages have done incredibly well, 30 plus . Nasdaq, you go inside the nasdaq, facebook, amazon, alphabet 25 and some cases higher than that tech better live up to those gains. These earnings, this week all of those heavy hitters are coming down the pike. They better live up to this v shape bounce that the market has given us, right . Technology
Streamers and those in competition with one another. 16. 5 percent taken off the growth of the stock this year. It had been a 400 growth rate. Not a huge amount, but a little bit of trepidation with disney getting in on streaming. Disney down 1. 6 . The market is dragging down with it. It had a great weekend with frozen 2. Disney to be happy about but the stock is lower. Guy in europe, we are at session lows. Stoxx 600 down by about 1. 5 . Every sector in negative territory. We are suffering from a compound, compounding factors. It started with decent data and the market went up, and then not then thegood and narrative has followed through. The u. S. Data not helping. Yields are eight basis points higher. A bid on the euro. Eurodollar, an incredibly tight range of the last month, but today up by around. 5 . The ecb president is speaking on Monetary Policy at the european parliament, saying the bank will be resolute in restoring price ability. And she also said an upcoming strategy revi
More than 60 of voters have already cast their votes, in sakhalin and the Kuril Islands more than 47 , in khabarovsk region more than 30 . Voting in russia, let me remind you, lasts 3 days; for the first time in the history of president ial elections, russians can cast their vote remotely. The electronic procedure is available in 28 regions, as well as in moscow. By this moment, according to the Central Election Commission , more than 10 of voters had already voted. The Central Election Commission is monitoring the progress. Voting collects all data about elections, including violations. Well find out more details from my colleague dmitry gorn, he again came into direct contact with the studio from the cec information center. Dmitry, hello again, tell us how they react to violations and how voting is going in general . Yes, yuri, good afternoon, but unfortunately, the Central Election Commission is not talking about this without violations ; it reacts to them, of course, instantly in o