Surged as lead by amazon well have more on that in a minute jim cramer said it feels insane. Im wrong to say that at the moment u. S. Equity futures at this hour show you how it stands. Well have another day in the green. Dow up 230 points. S p 500 up we should show you treasury yields now at. 0617. All i do is think about my 10year mortgage i dont have a 10year you have a 30year, which you regret i wish i had a fiveyear arm. You could still have a fiveyear arm. You are giving it to the man you are. Giving it to the suits. We are seeing a bit for bonds and equity even higher a reach for safety even though we have a risk on. The eu has reached a breakthrough deal agreeing to 857 billion Recovery Fund it will raise money by selling bonds collectively disbursed to the maybe countries hit the hardest that do not have to be repaid many countries including germany had long opposed also agreed to eu budget of 1 trillion beginning next year brining the total spending agreement upwards of 2 tri
Squawk alley. As you just heard, stocks are continuing to move higher today although off of the highs of the morning. The s p is up about 0. 6 the nasdaq up about 84 points. On track for the fourth week of gains for the major averaging and today it is that reopening trade back in the drivers seat today. It is it is retail names as well at the same time we dont see a buy fur indication it is a shift to more of a focus on e commerce. Amazon is up 1 . And facebook is up better than that that to me is interesting. Walmart is a stock that has done well prior to things opening up. It is also higher. So there is a mix. I think there is general positivity, larger stocks in general are doing better, but it seems like the market is reacting to not just opening up versus not, but maybe a sense that the economy is starting to find its footing. It is such a great point, john it is names like micro soft, adobe, some of the big cap tech names. So it seems like today, at least, this rally, the breadth
Waltzes to get him into british waters. U. K. Party leader nigel for raj accuses the french navy of a scorching Illegal Migrants directly into british waters amid a sharp spike in the number of refugees trying to cross the channel. Every year chiming in from across the globe this hour a welcome to our to International Pleasure to have your company i mean oneill. The u. S. Has announced its ripping up another major arms control agreement called open skies raising fears about Global Security the treaty how to load signatories to reconnaissance flights over each others turf trees donald trump plays russias the blame for forcing washington art a claim thats not going down well in moscow. I think we have a very Good Relationship with russia but russia didnt adhere to the treaty so our job they are here we will pull out but theres a very good chance or make a new agreement or do something to put that agreement back together when many consequences the americans the Current Administration conc
Jobs falling by almost 3 million but much less than what economists were expecting. Coming up on todays show, as more companies address the rising tensions in america, well seek with ursula burns, the first black ceo of a fortune 500 company, about how Business Leaders can work for real equality and change. Well Talk Solutions with her. Plus the ceo of etsy will join us to talk about what his company is doing to address societal issues and how the coronavirus has changed his business the big stories we are watching in this final hour of trading, as we look at session highs, mike santoli tracking the market rally. Leslie covering boeing and more on the vaccine front. Mike, start us off with another day and another big rally. A big one this was a day it seems you had a lot more people who decided they had to quit fighting the rally. An acceleration to the upside. Take a look at a oneyear chart of the s p 500 weve been talking about this in here, 3,130 the number. Weve been pointing out t
So lets go back to that breaking news out of riyadh the saudi capital according to media reports Saudi Crown Prince mohammed bin sound detained some the most high profile members of the rule family they include former crown Prince Mohammed bin nayef as well as prince ahmed bin abdulaziz outside the younger brother of the saudi king reports suggest theyve both been accused of treason saudi guards have also arrested one of mom had been knifed brothers theyre now likely under the threat of life imprisonment or possible execution both could have rival the crown Prince Mohammed bin sound man to the throne if king solomon were to die it lets bring in jamal and sally johns is live on set jamal so what do you think has prompted this move by the Saudi Crown Prince mom been psalm on how significant is it in terms of significance that we can say with 100 percent confidence its huge because of the positioning of these 2 figures within the royal family their seniority both in terms of lineage but a