Pointing upward the wall street journal is calling the last four months a melt up and thats what it looks like. Dow up by 83 points. S p 500 looking to open 12 points higher. Treasury yields as well. Were at. 572. Theres a mix of what theyre thinking and what the equity markets think, right melissa okay we have a we will work on the audio and hopefully get that a busy week ahead. A twoday fed meeting with a policy announcement. No major change is expected. That will tell you that but investors will watch for clues about what the central bank might do next and then on the corporate front earnings season kicks into overdrive 167 of the s p 500 companies will report. Well hear from 12 dow components and among the names likely to get a lot of attention, apple, amazon, boeing, mcdonalds, 3m, exxon and many others. This is if you like earnings, if youre excited by earnings this is going to be a big week. So far this season we heard from 128 of the s p 500 companies so well more than double t
Television provider. White House Coronavirus Task force members dr. Anthony fauci eat, cdc director dr. Robert redfield, and fda commissioner dr. Steven hahn testified at a Senate Hearing on the governments response to covid19 and reOpening Schools. The panel addressed the recent spike in positive coronavirus cases. Dr. Fauci also warned that the u. S. Could see up to 100,000 new cases a day. Other topics included progress on a covid19 vaccine and news of a new swine for. Mr. Alexander the committee on health, education, labor and pensions will please come to order. First, some administrative matters based on the advice of the attending physician and the sergeant at arms after consulting with the department of health and Human Services and the centers for Disease Control. Individuals are seated 6 feet apart. As a result theres no need for , the public to attend in person. Representatives of the press are working as a pool. In person. Representatives of the press are working as a pool.
Other topics included progress on a covid19 vaccine and news of a new swine flu. News of a new swine for. Mr. Alexander the committee on health, education, labor and pensions will please come to order. First, some administrative matters based on the advice of the attending physician and the sergeant at arms after consulting with the department of health and Human Services and the centers for Disease Control. Individuals are seated 6 feet apart. As a result theres no need for , the public to attend in person. Representatives of the press are working as a pool. In person. Representatives of the press are working as a pool. The hearing may be watched online and unedited recording will be available on our website www. Health. Sena www. Health. Sena www. Health. Senate. Gov. Some senators are participating by videoconference. Id like to say a word about masks. We may remove our masks and talk into the microphone as long as were 6 feet apart. So thats why my mask is off right now because im
Concementing wico consulting with the department of health and Human Services and the centers for Disease Control. Individuals are seated 6 feet apart. Vupt theres no need for the public to attend in person. Representatives of the press are working as a pool. The hearing may be watched online and unedited recording will be available on our website www. Health. Sena www. Health. Sena www. Health. Senate. Gov. Some senators are participating by videoconference. Id like to say a word about masks. We may remove our masks and talk into the microphone as long as were 6 feet apart. So thats why my mask is off right now because im 6 feet away from everybody else. But like many other senators when im walking the hallways or on the senate floor im wearing a mask. People wear a mask because cdc has said, quote, simple cloth coverings slow the spread of the virus and help people who may have the virus and do not know it from transmitting it to others. Unfortunately, this simple lifesaving practice
New york, Edward Lawrence in washington. But jackie, we start with you. Reporter can we say party like it is 1999 . Fourth quarter 1999 is the last time we saw a quarter this good. That is positive given the fact weve been through so much this year because of the coronavirus pandemic. You can see the dow is up 17. 7 for the second quarter. S p 500 almost 20 . And the nasdaq composite, really the winner there, 30 for the second quarter. So we are watching those numbers as were processing what happened today, a 215 point gain on the Dow Jones Industrial average. Youre seeing more optimism in this market. Youre seeing investors digest some of the news about the spike in coronavirus cases. And seeing some hope in this as we move forward, that hospitalizations are down and it may not be illness has to run its course. Theyre taking it in stride at least for today, to close the quarter. Meantime i want to talk about another merge are potentially happening in the space, in the field today. I s