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President also tweeted the house and senate should immediately approved 25 billion dollars for Airline Payroll support and 135 billion dollars for Paycheck Protection Program for small business. Both of these will be fully paid for with unused funds from the cares act have this money i will sign now president is now appearing walk back. Comments that he made earlier when. President trump tweeted that House Speaker nancy pelosi is not negotiating in good faith adding that the speaker is asking for 2. 4 trillion dollars to bail out what he calls poorly run high crime democratic states he then asked that Senate Majority leader mitch mcconnell, direct all his before the election into confirming his u. S. Supreme court nominee, amy coney barrett. And tonigh ....
The nasdaq up by 19. Lets look at what happened overnight in asia. The nikkei was up by 1. 2 . Hang seng was up sharply it was up by 1. 4 . The shanghai was up by 0. 7 . In europe, the early trading thats taking place there, you will see a mixed picture the cac and the ftse both down by a third of a percentage point. Dax is flat. Stocks are higher in italy and weaker in spain. Then in the treasury market, if you want to check things out, the tenyear actually staying at 2. 045 President Trump arriving in osaka, japan moments ago just as the wall street journal came out with a report suggesting that progress on a trade deal Kayla Tausche is there on the ground she joins us with the latest this morning andrew, its President Trumps third g20 summit as president. His third visit to japan as president. And perhaps the highest ....
Got the jobs number a half hour ago. European markets have been negative lets take a look at how they are doing at this point. They perhaps have been tipping us into a negative territory and they continue to be by a roughly percent. 10yr new yield, thats a key, of course, look at that, 2. 822 people are keeping an eye on that after that jobs number. There is a look at crude oil back over to you, carl well start with the road map with futures pointing sharp lilo ly lower today the s p 500 could post their worst week in nearly two years apple reported weaker than expected revenue guide numbers jim has some thing with his conversation from the ceo tim cook amazon, the company is reporting its biggest profited history last night boosted by prime customers and echo sales we got jobs and google amazon and alphabet and yield and futures today. We walked in this morning with another premarket scare. I am getting tired of the notion of the export of europe to our market is very wrong. The princ ....
Trading. Check it out, 40. 21. The last time you saw prices like this it was 2009. March of 2009. We were in the midst of the financial crisis. It was a lack of demand. This time around its not just a lack of demand for slowing economies like china but also massive amounts of supply. Well talk a lot more about whats happening to wti but right now barely holding on at 40 dh 40 dhr 40. 21. The shanghai composite closing down by more than 3 and in europe greece making a 3. 5 million payment to the ecb on a maturing government bond. Athens using money from the latest bailout. Back here in the states a few economic report of note, weekly jobless claims at 8 30 a. M. Eastern time and then at 10 00 existing home sales. We got a couple of other big stories in focus right now. Of course the fed is on our mine. Yesterdays release of the minutes from the last fomc meeting raising a number of questions about the timing of a possible rate hike. Its the question we talk about virtually every day and ....
Ford, Kayla Tausche this morning at post nine. First it was utx, now boeing, and now donald trump has a new target, Lockheed Martin. Speaking with Chris Wallace on fox news on sunday. We dont have that sound, but he did talk to Chris Wallace, and, of course, the tweets followed up this morning, in which he talked about the cost of the f35, the cost overruns, the amount of money he hopes to save. Bill george joins us this morning, cnbc contributor, former exxon board member. Bill, good morning to you. Carl, good to be back on the best show on cable tv. Here we are again. Do you see any pattern emerging here regarding trump and his willingness to call out individual companies . Well, this is a president who knows how to use social media, and hes going to target it. Fran ....