Add that to concerns over the virus caseload and youve got this. The dow industrials, down 700 yesterday, down maybe another 200 this morning. The s p down 80 yesterday, down another 20 today. The nasdaq yesterday, down 200 points. Today, down about 13 points. A sea of red ink over there. A big loss especially for the dow. 1. 48 million new jobless claims this past week. Now, thats not a good number and it pushed stock prices just a little lower when that news was released at 8 30 eastern. Now, today, President Trump heads to wisconsin. Good timing. The democrat governor there has just called out the National Guard. A protester wielding a baseball bat and bullhorn harangued a restaurant crowd. He was arrested. Molotov cocktails were thrown, the Police Needed help. Governor evers sees the light and calls in the National Guard. Same thing in washington, d. C. Hundreds of National Guard troops now marshaling. They will protect the capitals monuments. Thursday, june 25, 2020. Varney compan
Also jay powell making comments that added to some of this those who have been under such pressure, those stocks were the ones that were the biggest rebounders disney up more than 7 banks were up across the board wells fargo up by 8 bank of america and citigroup up jp morgan up mgm resorts up 10. 5 carnival up 15 . Airlines each up 13 all of those gains coming as there is hope there will be some time those stocks can get become to normal and people will feel comfortable. Thats the early trade also lets look at whats been happening i thought theme parks disney and comcast which is over 2 pretty big gain. Who knows whether it is displaced but it was on hopes of normalcy i dont think it is only moderna we are talking about there is four or five real pharmaceutical Companies Working on it. So just the potential you get and other data point where they say someone else has the success to we dont know what technique i dont know if it is mrna pfizer is working on the mrna technique as well. I
The World Economy faces a potential lengthy coronavirus recovery london based i just mark it said it expects the Global Economy to shrink 5. 5 percent this year now thats triple the damage from the 2008 financial crisis and a new report by the World Economic forum surveying risk managers is now suggesting this will be a long lasting global recession a contraction for the next 18 months managing director of the World Economic forum say he said the crisis has devastated lives and livelihoods it has triggered an economic crisis with far reaching implications and revealed the inadequacies of the past meanwhile on tuesday taiwan said it was disappointed and angry with the w. H. O. For not inviting the country to join this years world health assembly. I dont believe the ministry of Foreign Affairs and the british is strong dissatisfaction with the World Health Organization secretary has yielded to pressure from the Chinese Government and continues to disregard the right of the 23000000 peopl
He spoke at an event hosted by the Bipartisan Policy Center. Hello, everybody i hope you can hear me. My name is dan glickman. Michael moderator and former secretary my coat moderator and former secretary. We welcome you to this Bipartisan Policy Center food summit. We want to thank you all for being here. We want to thank our guests and secretary perdue who we will introduce in a minute. This has become one of the most talked about issues of the whole covid19 issues. Have to relate to the food supply from production to the processing to the distributing to the conception and how it affects farmers, how it affects processors and how it affects the average persons and the hungry. We are delighted to be here. We cannot delve into every issue because of the time but it is a way to start the discussion. We think you will have an interesting time listening to this very important issue about feeding this country. I would like to welcome everybody and thank you policy center for hosting this
So obviously he said the crisis has devastated lives and livelihoods it has triggered an economic crisis with far reaching implications and revealed the inadequacies of the past meanwhile on tuesday taiwan said it was disappointed and angry with the w. H. O. For not inviting the country to join this years world health assembly. The ministry of Foreign Affairs expresses strong dissatisfaction that the World Health Organization secretary has yielded to pressure from the Chinese Government and continues to disregard the right of the 23000000 people of taiwan. Taiwan has been lobbying to join after it was able to contain the krona Virus Outbreak the country is now relying on its own efforts for production of a vaccine this comes as u. S. President donald trump tweeted out a letter he sent to the head of the World Health Organization highlighting some serious concerns over the response will he also threaten to permanently cut off its funding if the w. H. O. Does not commit to some major sub