Of a job since mid march and Business Activity grinding to a halt around the world and finally, Energy Stocks are jumping on a rebound in oil prices by far the best performing on the s p 500, which is higher, wilfred, by about. 6 though off the highs of the day. Went briefly flat as well so improving for the last hour or so the dows up 0. 9 or 200 points. Coming up, well speak with former bp ceo, lord browne about the oil markets this week as crude sees another double digit move today plus Tiger Management president , Alex Robertson, will join us to talk about investing and how his company is helping to support new yorks front line workers. Zblncht mike is tracking the Market Action for us as always meg has the details on the possible setback for gileads coronavirus trials, which sent the market off its highs during the session as we mentioned along the hannah, from the ft, who cowrote the story that broke that news and kayla is covering the house vote on the next round o the stimulus,
Tenyear, and we are looking at a situation where the euro is going down. Basically, olli rehn has said we are going to get the bazooka out in september. It needs to be impactful. We are going to deliver in september, and when we do deliver, it is probably better we go too far rather than not far enough. That is the effect on the euro. Vonnie in the u. S. , we are seeing the s p 500 trade higher by about 2 10 of 1 . Broadly higher for most of the major indices. The 10 year yield is at 1. 55 , so continuing to decline. The spread is staying positive, marginally. Guy a little bit of breaking news. The Swiss Stock Exchange is said to be considering buying an eu for somerd, looking diversification. Story. Y be yesterdays we will come back to that. Trade concerns causing some fluctuations in the market right now. Treasuries resuming a rally that pushed the 30 year below 2 overnight. Joining us now, patrick spencer, baird vicechairman of equities. What have you made of the last 48 hours . Pat
Getting too expensive. Well, weve got a money manager who thinks theres still room to run. Hell make his case, coming up. And disney still one of the big dow winners this year so far. We will be live at the companys socalled d23 expo to look at how the force behind the Star Wars Franchise could affect that stock. Jane wells, who else but jane wells, is on site for us. Our own princess lea. And its the company the New York Post said provided something close to legal Insider Trading. The ceo of media radar, and you may remember his name, will tell us how his ad tracking software is now helping hedge funds. Im very excited to talk to him. I may have interviewed him back in the day. Would that we had the footage. Its a story, those of you who have been watching the market for a number of years will remember it. Its a great story. First, lets start with Jackie Deangelis at the nymex with these gasoline prices spiking in parse of the midwest despite this slide in crude oil. Weve been talking
Buyback. 28 , lessalibaba down than one year since the company went public. Uber beefing up the Security Team to defend against hackers. The Financial Times says by the end of the year google uber will quadruple the security staff. If he is elected president , donald trump says he would deport all undocumented immigrants from the notice states. Appeared on meet the press mr. Trump we have a whole new set of standards. Chuck you will split up families, the poor children. Mr. Trump they have to go. We will work with them. They have to go. Olivia donald trump stole the show at the iowa state fair, flying in on his helicopter. It is a tradition for candidates who like deepfried oreos. Cory who does not like deepfried oreos . Olivia nobody. Wreckage has found the of a planet lost contract contact with air Traffic Control in cloudy weather. Jason golf, australias day set a major tournament scoring record to win the pga championship, finishing 23 under. I know you are passionate about watchin
Its iphone 10. I want to know what theyre going to do in two years after the iphone 9 is introduced, what are they going to call the next one . Already have an iphone 10. Skip to the 11 . I digress we have all the details of all the new features on that. Plus Business Leaders are making news at cnbc and Institutional Investors delivering alpha conference. Well take you live there in a little bit. Jp morgan chair Ceo Jamie Dimon is about to take the stage any minute now that conference. Well bring it to you live as it happens. Hes already making headlines today saying the bank may no longer give intraquarter trading guidance and saying bitcoin is is a fraud wow that was thats gotten everybodys attention there. Equates it with tulips if you dont know what hes talking about, look it up, kids. Lets start with the breaking news out of apple there in cupertino at the new headquarters Brian Sullivan is there with details. Brian . Reporter hey, bill and kelly, thank you very much a lot to wrap