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Just eight or nine pennys away from 40 a barrel. Markets hit session highs as President Trump this morning championed the jobs numbers while standing in the rose garden. He is now in maine meeting with commercial fishermen who were hit hard by the covid lockdowns he will during this hour visit a factory that makes swabs for covid19 tests. He compared the coronavirus lockdowns to a hurricane and he calls for the reopening of the economy and he shared his desire for additional stimulus including a payroll tax cut. Were following all of his moves in maine ahead of his remarks at the top of the next hour, meanwhile the protests over the death of george floyd in minnesota continue at this hour, you are looking at live pictures of demonstrate or s at the National Cathedral in washington d. C. , and more marchers in brooklyn, new york who just began their march minutes ago in p ....
The comments from the reserve bank of new england, a move for the new zealand kiwi dollar up by. 5 . That is where we are at the moment. Lets look at what is going on in the first word news as we get to new york and join karina. Has dodgedowell Senate Efforts to make and take sides on coronavirus 80, maintaining a neutral stance in the debate over whether the u. S. Should add to its stimulus. Powell and Steve Mnuchin testified remotely to the committee. How all reaffirmed his stance more fiscal help may be needed but stopped short of a full endorsement. China has taken another swipe at australia over calls for an investigation into the origins of the coronavirus pandemic. Having put duties on burly and some beef imports, beijing is threatening to target wine and. Ary, and dairy other products could face punitive measures and their are rumors state media could call for a consum ....
Steeper decline. We will have the first numbers. First contraction in 6 years and also hearing from Federal Reserve jay powell later today. Also another big day for earnings, boeing is in focus this morning, wall street journal reporting reporting thae aircraft maker is facing criminal probe into Quality Control issues on still grounded 737 max fleet. The company also reported looking to raise capital to major bond sale. On tap before the bell this morning, General Electric is out with its earnings along with master card and ensurers anthem and humana, after the numbers attention to microsoft, facebook, tesla, markets are higher, take a look at futures, gain at the start of trading, dow futures right now showing a gain of 180 points, three quarters of 1 . S p is up 25 and nasdaq higher by 93. This after the dow, nasd ....
Elevation winds 2. 5 miles in the atmosphere were looking at 35 to 40mileanhour wind gusts. Not all of this is reaching to the surface which makes for a warm afternoon. In developing News San Francisco Police have detained a person of interest who may be connected to a case involving a dismembered body found in a suitcase. This is video of that person of interest being led to a police car in San Franciscos tenderloin district. We get the latest from the hall of justice. Reporter a man wearing a sheet over his head was walked out of the Public Housing building. A resident tells us hes seen him there several times visiting another resident of the building. They call him the leprechaun because he was short and didnt speak much. Another man told us that he recognized the man as a person of interest released by poli ....