France threatens to get out of the rescue plan altogether. 11,000 jobs slashed, the german giant fights for survival. Welcome to the program. Looking at the futures, reflecting the way the european and u. S. Equity markets closed yesterday. Futures down in europe, mixed in the u. S. , reflecting what we saw yesterday were the u. S. Wobbled into the close at the end of the session. New york schools closing seems to be the factor. Breaking news, some commentary from astrazeneca in connection phasehase two, not the three news we have been waiting for. That is expected to come within weeks. This is more detail on the phase two data. They are confirming the vaccines immune response in older adults, that is crucial considering who is most vulnerable to the virus. The lancet is publishing the findings. A lot of stuff we have heard already from phase three trials more advanced than this from other drug companies. It has not been peerreviewed or in journals. We are getting the phase two study,
A difference by choosing reforestation over de forest recycling or disposable smart new solutions. Oberstein said, you know, weve heard theres truly unique and we know that uniqueness is one allows us to live and survive. Gluten, why do you oppose the environmental suit . In global 3000 on t w and going on after approving the 737 max is returned to service u. S. Aviation regulators insist boeings plane is going to show you now that i am 100 percent comfortable with my family flying on it. The following 2 deadly crashes will that be enough to reassure passengers also coming up. The latest trial results from pfizer suggest that corona virus vaccine is 95 percent effective. Now they could seek approval for its use that in days. And demand for ski holidays is gone somewhat downhill in recent months where in switzerland to see whats being done to get people back on the slopes. This is the the way of business on robots in berlin. Welcome to the program. Boeing is getting the green light for
Dow 30,000. 2009,were you march 10 of while you were up 16 per year on the dow . Spx i believe better as well. There have been reasons along the way to go to cash, and yet here we are with solid doubledigit returns across 13 years. Jonathan and some houses got it right. One of those houses, Morgan Stanley. It was really uncomfortable to make the call coming out of march 2 remain committed to the recovery in the u. S. Economy. It took some real confidence, and one thing that has frustrated me over the last couple of months is every time someone says the easy money has been made. There was nothing easy about going long in early april during lockdown. Lets be clear about that. We are going to keep this short with mr. Wilkinson keep wilsonort to get mr. Of Morgan Stanley, but we are not even seeing the version of those trends, are we . Jonathan not yet. Bank of america proposes holding the bonus pool flat for traders, this on a year where in the first of nine months, revenues or bank of am
Headlines. Fang with all the headlines in the greens, apple, amazon, netflix up 1. 5 . Tech remains hot, hot, hot. Still to come, definitely coming on todays show, coronavirus cases climb and states continue to rethink their opening plans. Well speak with fed chair James Bullard, what it means for the economy. Shares of Taylor Morrison posted record sales well speak to the ceo about whats driving the strength in the housing mark up a third of the percent. Lets start focusing on the big stories. Mike santoli tracking the markets, meg tirrell with the rising case count and courtney watching flags in the Retail Sector mike, lets kick things off with you. Market idling right here, holding above the flat line for the moment it seems like stealth pullback consolidation weve had last few weeks, s p 500, talking about a summer trading range this is what we had last summer. It looked like that on a narrow basis. Scares in both directions. Were not there in terms of prolonged sideways action. Th
Consolidation coming uber reportedly talking about buying an industry rival more here on cnbc. Good morning, good afternoon, good evening where wherever in the world you may be watching. Thank you for joining us on this last trading day of the quarter frmt looking at the very early trade. They are down slightly 120 points to the dow. The nasdaq with a higher inflied over weaning we could see a reversal. Blue chips look to erase the selloff surging nearly 600 points that surge to put s p and the dow in a win column for june major averages on track to extend the track for three on the run of the quarter, what a run it has been. On track to performances since the First Quarter since 1998 on track to cap its gain since 1991 dont leave out the small caps the russell 2000 since paula abduls rush rush was on top of the charts. In the quarter, oil is up 21 . This morning, shell saying it will writedown more than 22 billion in assets. Finally, dont forget about gold you love gold. Back at its h