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Held her Weekly Briefing with reporters. She talked about the use of military and federal Law Enforcement agencies in response to protest and feature a just race and future legislation. This is half an hour. Good afternoon. Theres so much going on. Thank you for accommodating our change in schedule today. As you probably are aware, this afternoon i sent a letter to the president expressing concern about the increased militarization and lack of clarity that may increase chaos. I plan to request a full list of the agencies involved and clarifications of the roles and responsibilities of the troops and federal Law Enforcement sources operating in the city. Well, i preface it by saying as you probably saw, the military on the steps of the Lincoln Memorial. The what ....
Benefits, is this the fabled v shape recovery that so many people were hoping for well, thats what the markets saying even as the average didnt do much, dow inching up 12 points, s p climbed 3. 4 , nasdaq losing 6. 4 see, thats the problem. I think were looking at a vshaped recovery, but its a vshaped recovery in the stock market and that has almost nothing to do with the vshaped recovery in the economy. Prosper when you look at the nasdaq 100, the tech heavy index that hit an alltime high today, it doesnt seem indicative of the broader jobs picture airlines and hotels and casinos put in the less bad catery, less bad a than we thought, a trend that could last people do fast gaming. It does peter out. Its musical chairs. How can the market rebound without the economy . Because the market doesnt represent the economy. It represents the future of big business the bigger the business, the more it moves the averages and that matters because this is the first recession where big business alo ....
A very sad time as we observe in our 000 people country dying of the coronavirus. So sad. Well always carry them in our hearts, that big number of people. It is a scar on our nation that we could not save them. It is sad foyer their families and they are sad for their families and they are in our thoughts and prayers. On top of that, 1. 7 million. Ave been diagnosed 1. 7 Million People have been diagnosed. There has to be a stop to this. The answer is testing. We have in our heroes act a plan for testing. Testing to open up our economy. Testing to open up our schools. Testing to heal. But in order to heal, we have to know the gravity of the problem. You know, we talk a great deal about a vaccine and a cure and god willing we pray that that will be soon. But we dont have it yet. And we do have testing. And you notice in countries that have controlled the spread and the deaths from the virus, they dont have a vaccine. They dont have ....
Hold on. This is a tease. Stealing the thunder already this thats right, we are going to talk about this in just a moment anybody still on radio has to wait a second. Take a look at the futures this hour dow futures down about 170, s p off by 2 and nasdaq down by 81. Yesterday, nasdaq down about 1 . Crude oil prices, lets check that quickly we had been watching that contract build up. The july contract build up to just over 34 yesterday. Lets call it even at 32. Then there is the treasury market weve been watching youll see the 10year note has been yielding 0. 64 . A little pressure there too. Take away. With that tease, it feems like months now, weve had really big guests and corporations a big interview at 8 00 a. M. Eastern. Well talk all things economy with former Vice President joe biden about the pandemic, the race for the white house and so much more. Well do that at 8 00 a. M. Live with him a big interview to look forward ....
The community in which floyd lived actually please tell us what youre seeing. There sara so im here at North Central university located in Downtown Minneapolis where the Memorial Service for george floyd is that were wrapping up just moments ago reverend al sharpton you need to libertys eulogy and he stated keep going until we change the full system of the trust has now he had everyone stand for about 8 minutes to represent the amount of time that george was and to the ground the civil rights leader he spoke to the president earlier today and he said as a community we still being up from the funeral to the funeral of africanamericans who have been killed by Police Officers is an unknown is a null sarah now for those who are unfamiliar with reverend al sharpt ....