Your portfolio. President trump has number of legal challenges concerning voter out comes in several states as he vows to fight on. Well get the latest from rnc spokeswoman, liz harrington. And ask tammy bruce how joe biden can keep the pledge of being president to all americans. All that and much more on making money. Charles stocks soaring to new highs on all major indices, news from the coronavirus from pfizer has tested to be more than 90 effective. To break down what this actually means, fox news medical contributor, also the host, author of, covid, the politics of fear and the power of science. Dr. Marc siegel. The perfect day to have you, my friend. Apparently pfizer will file for emergency approval late they are month. Assuming it is granted how long before people start to receive the vaccine . Charles, this is the power of science. This is so exciting and i think given the fact operation warp speed already contracted for 100 million doses. That they have deployment in place us
Charles it is the Great American comeback. On november 26th, 2018 General Motors announced the closing of its lordstown, ohio, plant. A devastating blow to hardworking americans right before christmas. Politicians promised to step up but there was skepticism. Not anymore. Lordstown motors is showcasing the 2021 endurance electric pickup truck to President Trump at the white house. The company is reporting 40,000 preorders for the new truck so far, it is working towards becoming a publiclytraded company, making this story even greater, the truck produced in that old lordstown plant that gm closed down, something that did not escape the president. President trump the area was devastated when General Motors moved out and then we worked together and we made the deal on the plant but beyond the plant, i mean its incredible what happened to the area. Its booming now. It is absolutely booming and really great. You also have room for expansion in that plant. Oh, yeah. Well come out with multip
7. 44 . As you noted before the yield curve. Steepening and a rally in the financials you mentioned that june 10 was the high that was the day where the markets had their maximum enthusiasm about the strength of the recovery and how fast it would be that was the peak where the come back of value and cyclical sectors. That seems to be the dynamic and the push for which stocks were preferred and the market seven days in a row of records is not to be dismissed guys the intraday record high in this session and well have to see if this continues . Yesterdays high is around 3,500. Coming up, well talk about the abrupt halt to the sports world. We ha we have fed president s and the interim ceo of tiktok. What a story it has been and a soap opera all week long we are learning more in the details in the sale of tiktok after walmart confirmed it has teamed up with microsoft sources tell us that walmart ineshlly wanted to be the lead buyer together with what was alphabet and soft bank coo and ran
Protection of undocumented immigrant children. He calls it, quote, a shotgun blast to the face of conservatives. Is june teenth marking marking e official day of slavery in the United States and Many Companies making today an official holiday, more on that ahead. Big tech taking on commander in chief. Campaign says its a symbol used by antifa. On campaign trail put joe biden far ahead of President Trump as the president bushes for more live debates before the november election. And america together, meet a High School Principal going above and beyond to make sure his students get their diplomas in person, mornings with maria is live right now. European markets on the rise this morning, gains across the board, 1 to plus side in england and france, close in germany. Investor attention turning to European Union 840 billiondollar proposed program to help economies rebound after coronavirus. In asia overnight it was buying across the board, gains on all 4 major markets there. President trum
Meaning less demand for oil. Meanwhile similar story in bond market, yield on 10year treasury below 4 tenths of a percent overnight. Now we are staying right under and it is down 28 basis points. Again, another indication of a recession at hand. The 30year following 1 for the first time in history. The 30year bond, the yield there at. 883 . Thats down 40 basis points this morning. Global markets reacting to all of this this morning in the stock market. Deep selloff in europe. The cac quarante down 335 points. That is 6 and a half percent and dax index in germany lower by 672. Overnight in asia across the board. Chinese experts tumbled in the month of january, more signs of trouble in japan as well. First quarter gdp lower in japan showing the economy contracted 7. 1 from the previous quarter. Thats a sharp contraction in japan. This on top of the Coronavirus Crisis, cases in the United States and abroad are growing. The white house looking into emergency measures. Overseas italy report