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When it begins lets elook at what is driving the numbers today. Millions of americans remain out of work. Could that weakness pressure lawmakers to reach a stimulus deal we will see. Negotiations are under way as we speak. The dow up some 200 points or so two thirds of a percentage with 59 minutes left in the trading week kayla. Wilf, it is great to see you on this friday afternoon coming up on the show, door dash and airbnb ipos to come next week and a big test for appetite of some names in growth tech speaking of high growth, scott cutler, we will get his take on the e competition in apparel and sneakers mike santoli has the market covered. Ylan moi is tracking the latest movements on a stimulus deal and we will dig about sboo the jobs report with Dana Peterson. Mike first to you. What are you seeing behind the charts. Almost all news translated to good news for the market in this current mood that investors are in if you look at ....
Biggest rally since april. Zoom and tesla lead the balance for the electric carmaker jumping over 10 . Lawmakers become lawbreakers. The e. U. Considers legal action over the u. K. s plan to breach the brexit deal. The two sides hold an emergency meeting today. Class growing confit plus growing confidence. Hold ass set to stay on bloomberg learns some officials now see a reduced need for further stimulus down the line. As i said, just under one hour away from the start of cash equity trading in europe. Lets take a look at futures first. We do see gains on dax futures up about. 4 right now. Also, euro stocks futures are up. But you do see ftse futures down this morning so keep your eye on that divergence. In terms of u. S. Futuress, after the gains yesterday, we see continued gains in futures with dow and s p many contracts up. 2 . Anna . Talk about whats going on in the Asian Session in terms of the gmm. We have had a day where we ....
It disappointed greatly. About 500 and continues to rise. Delta also had a knockout quarter thanks to do messick demand, lower fuel prices thanks to domestic demand, lower fuel prices. Smile direct club is getting into direct company should with its main competitor. Guy european stocks are up a little bit. Oil acting as a little bit of a drag. Definitely the focus on the u. S. Banks. In terms of volume, we are ok today. German tenure backing away from the zero line. Cpi data out of the United States seems to have given the arrow a little but of a bounce. 1. 11, butl north of only just. Vonnie wells fargos quarterly profits slumped. Citigroup beat expectations on 49 fixed income surge. For more, lets bring in allison williams, bloomberg senior bank analyst. From, say, share Morgan Stanley and other banks . Alison we will soon see. At this point, the numbers are so strong. Jp mo ....
Are at levels above 460 once again where we started last week. The 10 year yield is at 418 and much more Economic Data and this week before the fomc next week. On the equity side, looking at the biggest losers, nvidia, apple and tesla are dragging the index lower. Dollar tree shares are having the worst day in nearly a year after announcing plans to shutter about 1000 stores in an effort to improve profitability. Valero Energy Continues to rise ever hitting a record high yesterday with energy the best performing sector in the s p 500 today. Earlier today, former new york fed president bill dudley gave us his take on where the rate path goes from here. Marches off the table, may is probably off the table, too. We are talking about the fed cutting rates probably sometime this summer and it will be maybe three. Given the inflation data, maybe that will shrink to 2. There is sti ....
And slowly, and turn down your tv or radio. Please note that city policies along with federal, state and local law, prohibit discriminatory or harassing conduct against City Employees and others during Public Meetings and will not be tolerated. Moreover, Public Comment is permitted only on matters within the jurisdiction of this meeting body. We thank you for joining us on. Thank you for before calling the next item and id like to do it later on the agenda. But i do want to have an Opening Statement to make before we go into closed session. And thats for thanking supervisor. So safai, thank you for leaving the house in order and my taking the gavel and appreciate it. Its been great working with you and hopefully i can fill your shoes. I dont know how bigger. So ....