This comes after modest advances you did see gains. The second out of the last three sessions as joe mentioned it has been a rough week we are on track now if we continue on this pace to have the first down month weve seen since march. Looking at all the gains theyve built up on all of this. You are looking at fairly solid gains. It is a matter of days before we get to the end of the quarter. Take a look at the treasury yields now, especially the 10year. 0. 661 hasnt budged. Weve been sitting at these levels for some time weve got developing news right now. President trump asking a u. S. Court to let a ban on the tencent app wechat proceed the judge is giving the president to 2 30 this afternoon to postpone a ban on tiktok downloads. It doesnt pause the ban but says they must defend the policy in a sunday court hearing. The policy is currently set for 11 59 p. M. This sunday so a lot going on with the kvdel saga it was 11 59 last week too. What happens if you cant download it . Did you
Was up 41. The dow is up 43. It had been up 331, if that tells you anything. We have this developing news. President trump about to possibly address the media ahead of his trip to North Carolina where hes expected to lay out his vision for health care if he is elected to a second term. We are going to take you live to the white house as soon as we get the tape if he does stop to speak to the press. It all comes as a new wrinkle develops in oryacleorac deal to take over the popular chineseowned video app tiktok. Breaking news in just the last hour. A federal judge has just inserted himself into this battle. The deadline to ban tiktok, this is the extended one, supposed to be sunday night. But now all bets are off. Republican senator roger wicker of mississippi, he did not like this plan to have oryacle take Partnership Structure with tiktok. He sent a letter to the president along with several of his republican colleagues saying outright they oppose the deal as it currently looks. We wi
It all about the guidance as well will we get a big ozark on netflix. Their numbers are coming out big banks as well. Everybody, a big week for earnings welcome. A big day for the markets as well let us begin with the rally on wall street. The nasdaq hitting record highs. A bunch of big Tech Technology names. Continue to make new highs when you look at this market could you ever predicted four, six, eight weeks ago that we would have gained 20 and 30 in matter of weeks even as the country continues to talk about reshut downs for 30 of our economy of course i saw this coming. Didnt we all see it coming. What i hold here are fundamentals this is an income statement. This is a Balance Sheet statement. Take it and rip it up because right now fundamentals are not fundamentals technicals are the fundamentals. It is driving the nasdaq continually higher i want to emphasize for a second, tesla. Think about this on friday, tesla will expire the 2500 call that is 750 higher than where we are tra
The hospital fed chair jay powell told congress more stimulus may be necessary. A moment ago, looking at the dow futures. Up by about 67 or 70 points. S p up by 10. 50 and nasdaq up by 152. 10year at 0. 743 below yesterdays close. We have a huge line up again today. Amazing. Former Economic Advisor to president Obama Joining us about an op ed hes just penned. General motors Ceo Mary Barra with us. Investor Glenn Hutchens and Dallas Mavericks owner and netflix cofounder and ceo of netflix with Important News to share this morning some stocks to watch you might keep an eye on ar call revenue was a little short results would have been better but customers in hard hit areas postponed purchases including hospitality, retail and transportation clients shares of groupon reported a First Quarter loss that wasnt as bad as expected saying it was challenging, people turned to discounts on Warehouse Club members, flour delivery and e learning. I was willing to send some flowers. We waited up late
Mayor breed announces new Mask Restrictions and phases for reopening. Including when you can return to the salon. New video of the officer involved shooting in hayward. What the chief says the suspect admitted. Starting june 1 he will not enforce the county Health Officers orders. That breaking news is a show down between the sheriff and the didnt Health Officer. He announced on facebook. I can no longer in good conscience continue to enforce the Public Health orders without explanation that criminalize lawful business and personal behavior. We spoke with the sheriff. What well do june 1 is start following the governors directive. He will advise hi deputies not to follow directives from the Health Officer like the past. Thats the decision i have made. In consultation with the constituents and other leaders in the area. We have learned the curb has been flattened significantly here. We have learned that hospitalizations are very low. The sheriff move comes over 24 hours after the county