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It came down, 13. 3 . The government says the resumption of Economic Activity at the end of may led to an increase, repeat, an increase of 2. 5 million new jobs. It was supposed to be a loss of eight million. Clearly a lot of people were recalled to work and went back to work. Now, to say this is a surprise is the understatement of the century. I will say this. The recovery is obviousily a lo stronger and faster than anyone thought. Back to the numbers. Dow industrials going to be up over 600 points, about 2. 5 . The s p will be up 1. 6 , 50 points to the upside. Even the nasdaq has dragged out a small gain now. A little pressure on the techs earlier but they turned around. Lot of green on the nasdaq. Its up 29 points. At the opening bell today, the dow will be roughly 8,000 points above where it was on march 23rd. Its the most explosive rally in history. And just tweet, this is a tweet just in from the president , he says he w ....
Both sides have agreed to quote a very large phase deal phase one deal with china adding that 25 percent tariffs on chinese imports would remain in place but that the 15 percent levies on other goods would be cut in half so heres what both sides actually said this morning listen. Theres a very large deal that covers tremendous manufacturing farming a lot of rules regulations a lot of things are covered its a phase one deal but a lot of big things are covered and i say affectionately the farmers are going to have to go out and buy much larger tractors because it means a lot of business a tremendous amount of those are. The agreement would help improve cooperation between china and us in economy and treat effectively manage the differences in economies treating areas she will note Stables Development of the economy and trade really. Great sounds like a lot of words words words but one of the specifics but we do know this that t ....
Thats not something that we even know could actually be possible i mean china also said they would be buying more agriculture but they did not give a figure so its still very unclear and looking now at the farmers who have been suffering and really hurting since the start of this trade where theyre looking to continue to sell their products a subsidy from President Trump isnt going to change that they want their clients back they want their business theyve been hurting so badly right now they want to continue to be able to sell but again we dont know if its going to even be possible to do the sale of 50000000000. 00 that supposedly is the United States wants china to buy rights trump needs the agricultural part of this more than in i think he needs the intellectual property more than he needs the rest of the reason for that is he has an election obviously coming up right and ....
Would be cut in half so heres what both sides actually said this morning listen. Theres a very large deal that covers tremendous manufacturing farming a lot of rules regulations a lot of things are covered its a phase one deal but a lot of big things are covered and i say affectionately the farmers are going to have to go out and buy much larger tractors because it means a lot of business a tremendous amount of those are. The agreement would help improve cooperation between china and u. S. In economy and treat effectively manage the differences in economy and trade areas she will note Stables Development of the economy and trade really. Create something a lot of words words words but what are the specifics but we do know this that the new round of tariffs totaling 160000000000. 00 that were set to be imposed on sunday on chinese goods will not happen so how is the market responded well pretty positively today with the market ....