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
Nasdaq was up 62 and s p 11. Last Economic Impact of the virus as more businesses look to reopen a new report revealed it could take ten years for the u. S. Economy to recover from the pandemic, mornings with maria is live right now. Maria Global Markets this morning are moving higher, cac quarante in paris is up 86 and dax index in germany 406 points, 3 and a half percent higher, dax in germany rallied after being closed for the holiday yesterday. In uk Small Businesses hit with coronavirus, borrowed 26 billion through month of may. Check asian green across the board, take a look, kospi better than 1 , best performer was in japan up 1. 9 . Now some of the top stories that we are watching this morning. Chaos despite curfews, americas largest cities still talc victim to looters even as police and the National Guard ramp up presence across the country, protestors forcing into macys Flagship Store in new york city overnight. It had been boarded up. 3 people have been arrested so far. Loot
It is not right. They want to go to france. They want to go to determine germany, go to the uk where they came from. That is hair home. U. S. Is not their home. It is not fair were holding these people and that other countries arent taking because were bearing the cost. So i think that nato should be expanded. We should include the middle east, absolutely. We pay for a big percentage of nato. By the way, if you look at, speak to secretarygeneral stoltenberg, who is doing a terrific job by the way, he will tell you that i raised 130 billion more than they were getting. It was going down from past administrations every single year. It was down to a very low number. I came in. Got to pay folks, got to pay. Were working with you. Were protecting you. Were part of this. We dont want to be the fools like weve been some years. We raised 130 billion almost immediately. We had a meeting with the countries say you got to pay. I imagine they dont like me as much as obama and other people but you
many of his party will be handling it now. welcome, everybody, neil caboodle on a very, very busy news day on the oil front and on wall street because all rapidly rising. that is a front to you. how long does it last? first, peter at the white house with more, peter. neil, good afternoon. some biden officials who met with saudi counterparts about energy last month are expressing some surprise sagging they did not see the production cuts coming. you did not think there would be this big of a cut? no, i did not. i did not walk away with that understanding. but that was two weeks ago. that was two weeks ago and the president seemed to confirm a wall street journal report today that the u.s. may cut some sanctions on venezuelans maduro a potential source of oil if maduro irons out political issues of his own like talking to his own political rivals about 2024 fair election in venezuela. that was a bigot because we are told the national security council at the white hous
jacqui. supreme court watch as we wait for the court to issue new rulings any moment with 19 cases from the current term still undecided. welcome to a brand new hour of america s newsroom i m jacqui. and start this friday morning with you, it could be a busy hour, i m sandra smith, the court issued opinions in four cases yesterday, none were the big ones we were watching for. what we are watching for includes former president trump s claim of presidential immunity. shielding him from prosecution for actions taken while in office. the use of an obstruction law against some of the january 6th rioters and the biden administration s influence over social media content. also on the docket, fisherman are fighting administrative powers of unregulated, whether federal law can override state abortion restrictions forcing hospitals to perform abortions if there is an emergency. our legal team is standing by, shannon bream, along with jonathan tourly, andy mccarthy, shannon ou