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Exchange, joining me today is kayla tausche. Coming to you live from washington, d. C. Where the world bank and imf are holding their spring meetings. Wilfred frost is on the ground in paris ahead of the French Election this weekend. Well get to him in a bit. Its nice to have you. Obviously weve chosen our music play list accordingly. Its nice to have you in my new city. Its Throwback Thursday, which is why you may recognize this song from several years ago. A special girl power edition of Worldwide Exchange. Throwing back to a few months ago when we worked in the same city. I will quiz you on washington in a moment. First, lets get to the Global Market picture. As for u. S. Futures, after a more than triple digit slide for the dow yesterday, down 117, ibm a ....
Best day of the year, the dow has to add more than 198 points. Its having no trouble doing that right now, bill, but as we know, the last hour this year and, in fact, part of last year as well has often been when we see the market pull back a little bit. Weve seen rumors again, reports actually, we just confirmed about perhaps some russian activity in the Southern Region near chechnya. The russians tested an intercontinental ballistic missile. But we apparently already knew that about. It was a test that was already scheduled. It went successful, it was a nonevent so we move on. And move up. The markets moved up on that news. And a reminder, here is where we stand. The dow adding 235 points, 1. 5 , same for the s p 500 at 1,873. Less than 2 from 1,900 and the nasdaq adding almost 75, 4,351 is the level there. Strong day. Yes, it is. Lets talk about it in our closing bell exchange. Gemma godfrey from london. We have amy wu, dick b ....
Covid19, the president cited an estimate that if the federal government had done nothing, 2. 2 Million People could have died. He then said if 100,000 to 200,000 americans died, it would mean that the federal government did a good job. When i heard the number today, first time ive heard that number, because ive been asking the same question as some people have been asking, i felt even better about what we did last week with the 2. 2 trillion dlrsz, because youre talking about a potential of up to 2. 2 million, and some people say it could be higher than that, so youre talking about 2. 2 Million Deaths, 2. 2 Million People, from this. And so if we can hold that down, as were saying to 100,000, its a horrible number, maybe even less, but to 100,000, so we have between 100 and 200,000, we all together have done a very good ....
pfizer denies the claims. as joe mentioned at the top of the show, the labor department will release the june employment report at 8:30 eastern time. here are the expectations. forecasts calling for an increase of 100,000 in nonfarm payrolls. that was raised from 95,000 after the better-than-expected adp report on thursday, which set 167,000 private sector jobs were added last month. the unemployment rate seen holding steady at 8.2%. joe? there are a couple of things we ll be watching this morning in terms of stocks. shares of hard drive maker cgate will be on the list. the company says revenues and gross margins for the quarter will fall short of prior forecasts. among the primary factors, a quality issue at one of its suppliers that impacted production. seagate s forecast is also hitting shares of its biggest rival, as that usually does, western digital. let s talk on the western markets. a muted response to what the journal calls central banks taking action. it ....
Bad. when it comes to corruption there is nobody in the field that has gone through the in washington and taken on the tough challenges of beating back the good old boy network in washington, d.c. i did it as a freshman, along with another iowan, jim nestle. we were the two youngest members of the house. he was 30, i was 32. and we heard about this check bouncing scandal. where there were members of congress who were loaning themselves money at taxpayers expense for free. and then subsequently found out about members of congress who would go and get stamps from the post office and then sell them for cash. well, this business had been going on this bank scandal, had been going on for years. there were reports on it every two years by the general accounting office and usually a member of congress would highlight it and do a speech on it. this has got to stop and everyone said, okay, fine, just be quiet. and they were. well, there was a group of us called the gang of seven and said no, w ....