With us. We welcome all of you to a news flow that is simply a cacophony. In the last hour, we really focused on the stimulus. In this hour, we got to focus on the fed. I downloaded tiktok this morning. Jonathan what was the first video . Tom unspeakable english. Certainly on bloomberg radio, it would be inappropriate. But the second and third video were the same way. Jonathan it is popular. We need to do a segment on irony. We are talking about forced sales, technology theft. The Chinese Communist party has been doing this for decades. The u. S. Administration has been talking about reciprocity. Now they are talking about, you know what . If we cant get access to you, you cant get access to us. Underwriting it all will be national security. That is the direction we are challenging here. To be behind microsoft, it seems. Cash, theyillion in certainly have the money to take a dalliance here. That really speaks within technology to finally use some cash. Lisa the question is, will they b
Please knew your microphone. Mute your microphone. [indiscernible] we have previously provided guidance as to how this would [indiscernible] [indiscernible] cspan. Org [indiscernible] [indiscernible] thank you. I want to welcome mr. Menendez and his wife. I appreciate you taking on this post. Tonk you for taking the time talk to me last week and take the best thank you for taking the time this morning. This is the first hearing the committee has held since march the 10th. Since then, millions of americans have filed for unemployment. Nearly one point 5 million have contracted covid19 and nearly 90,000 have perished from the disease. Is work in the u. S. Senate that much more critical and we respond as we respond to this pandemic and return to the economy. Second the highestranking office and the department of energy and the department has been playing a role in helping the nation fight coronavirus. The department of energy is a scientific powerhouse. Its National Laboratories are some
This is a different world were facing. The pandemic has taken tens of thousands of americans and infected more than 1. 5 million and infected every single one. It focuses early on the security to the past few months. Including the nominee [inaudible] it is very different than my time in chairman. Those of you that are there in person and we do not we have previously provided guidance to reiterate care. The recommended social distancing. [inaudible] [inaudible] [inaudible] before he turned to the intervention i appreciate [inaudible] in the role with Energy Innovation including nuclear and Energy Efficiency renewable. We help create. That experience with the responsibilities and the decisions. Having full view of the department and everyone during this covert pandemic. [inaudible] non[inaudible] there will be situations that are uniquely situated during this pandemic. We thank you for that thank you, madam chairman and we want to thank you for holding this hearing and mr. Menendez nomin
This is a different world were facing. The pandemic has taken tens of thousands of americans and infected more than 1. 5 million and infected every single one. It focuses early on the security to the past few months. Including the nominee [inaudible] it is very different than my time in chairman. Those of you that are there in person and we do not we have previously provided guidance to reiterate care. The recommended social distancing. [inaudible] [inaudible] [inaudible] before he turned to the intervention i appreciate [inaudible] in the role with Energy Innovation including nuclear and Energy Efficiency renewable. We help create. That experience with the responsibilities and the decisions. Having full view of the department and everyone during this covert pandemic. [inaudible] non[inaudible] there will be situations that are uniquely situated during this pandemic. We thank you for that thank you, madam chairman and we want to thank you for holding this hearing and mr. Menendez nomin
Warning of more damage. Vonnie similar story here in the u. S. We are seeing a nice rally continue on the s p 500, up 4. 9 . The worst performers include viacom and cbs. Viacom went to market without cbs. Rallyingoleum company 21 . Boeing is another big help, particularly for the dow. The 10 year, 81 basis points. The dollar index, down at 1. 5 , some currencies really just flying today. Offshore trading at 7 08, a little lower than it was earlier today. The fixing was much weaker than it has been in the last several sessions. Thes get more details on session in global markets, here with us is taylor riggs. Taylor i want to talk about the major averages. The dow has rallied more than 20 to effectively pull us out of the bear market. We are still off 25 from the peak. As you mentioned, tech having some weakness yesterday but turning that around and getting some strength today. You are catching a bid for the 10 year, movement of money going into both equities and bonds, which is interest