Markets looking to start the week to the upside. Futures inching higher this morning take a look there. The dow jones up about 71 points the nasdaq up about 63, and the s p 500 indicated higher by just about 10 points. This after markets finished a little change on friday. Retail, of course, and focus this week earnings expected from heavy hitters including walmart home depot lohse and target fighting back former mcdonalds ceo steve easter brook is slamming lawsuit from the company over his severance his defense later this hour. And heat wave, brutal temperatures hit the west, threatening the power grid in california. Plus, the state of travel airports bracing for a whole new world of changes at checkin what you need to know before heading to the airport. Mornings with maria is live right now. And were taking a look at the european markets edging higher as well. Take a look there the ftse higher and now investors are keeping the focus on travel restrictions, and u. S. China trade tensi
Been reported each day. Untraceable cases are on the rise. Experts said transmission is not limited to bar and nightclubs, homes, work places and restaurants are also vulnerabab. And cases among the elderly are increasing. They also said the health care systemem is under strainin. Translator if you go out, please take thorough measures to prevent infection. We are also asking residents to refrain from going out as much as. Governor koikes call comes as the rest of the country begins a new tourism campaign. Tokyo reported 238 new cases on wednesday. Thats above 100 for the 14th straight day. Meanwhile, Prime Minister abe shinzo says hell postpone easing restrictions on large scale events until the end of august. Thursday marks one year until the opening of the Tokyo Olympic games which had been postponed because of the coronavirus pandemic. The biggest challenge facing organizers is securing the safety of athletes and spectators. Officials need to consider quarantine measures and medica
Two weeks will be banned from entering japan until there are exceptional circumstances. The government will advise japanese citizens to avoid all nonessential travel abroad especially to countries named in the new measures. The Ruling Liberal Democratic Party has also put together a draft stimulus package to cope with the Economic Impact of the pandemic. It says that the measures are larger than those taken in japan during the 2008 financial crisis. It proposes about 20 trillion yen or about 186 billion in fiscal spending. It says the government should establish a system of subsidies totaling about 9. 3 billion to help small and mediumsized businesses as well as freelancers. The draft also says households that lose out on income should receive Financial Assistance based on their size, but it doesnt mention how much. The government plans to finalize the emergency stimulus package as early as next week. Japan and the World Health Organization will cooperate on the development of vaccicin
Coronavirus at technical name is public enemy number one. Its more of a threat than terrorism. Those who may be exposed or being held in quarantine including thousands aboard a crews ship to japan. Airline flights to and from china and other National Events around the globe are being canceled because the fear of the deceased spreading parade is also concern the virus will have a blow to chinas economy, the world secondbiggest. What kind of Ripple Effect that could be. The u. S. Economy does not seem to be overly impacted right now but that could change. In the semiannual report to congress this week Federal Reserve chairman jay powell said the risk here is not clear, but there will likely be some effect and the Federal Reserve will be watching. Careful to see if any follow could be persistent. Treasury secretary and said this is a onetime event that wont last beyond 20 20. A little earlier on foxbusiness he pointed out that it has led to the white house lowering growth projections. So
Is public enemy number one. Its more of a threat than terrorism. Those who may be exposed or being held in quarantine including thousands aboard a crews ship to japan. Airline flights to and from china and other National Events around the globe are being canceled because the fear of the deceased spreading parade is also concern the virus will have a blow to chinas economy, the world secondbiggest. What kind of Ripple Effect that could be. The u. S. Economy does not seem to be overly impacted right now but that could change. In the semiannual report to congress this week Federal Reserve chairman jay powell said the risk here is not clear, but there will likely be some effect and the Federal Reserve will be watching. Careful to see if any follow could be persistent. Treasury secretary and said this is a onetime event that wont last beyond 20 20. A little earlier on foxbusiness he pointed out that it has led to the white house lowering growth projections. So what is the future of this dea