Slowest increase since going back to march. Breaking down all the action is our markets correspondent abigail doolittle. It really seems like a lot of the travel and leisure stocks are outperforming yet, the s p, not quite at 3000. At 25,000. Quite it was an interesting day all day long. A lot of people scratching their heads as to whether we had this rally without any major headlines. Up to percent, probably something to do with the weak dollar and reopening optimism. You are pointing out those travel and leisure stocks doing quite well. We also had the dow transportation average doing quite well. A huge bullish divergence. The transportation stocks are supporting the idea that traders and investors are thinking the economy will be reopening. Some of the stayathome tech stocks leading the way. On nasdaq closing down biotech weakness. Right now, this very interesting tension on the year between another pocket of those stayathome stocks, the faang index. The transportation index down qu
Drug that meant people werent dying of this. In the study, only two people died no placebo up against the remdesivir they were using these are early results but promising signs of hope. The dow futures indicated up by about 700 points if we continue like this, that would put the dow in positive t territory. S p indicated up about 75 points and the nasdaq indicated up by about 177. Lets look at the treasury market yesterday, those yields for the 10year were under a little pressure they had come back down even more we were talking about under 0. 7 looking now at the 10year treasury, you will see on this friday, last trading day of the week, the 10year is yielding 0. 64 . Looking at oil and the shut down of Oil Production and cuts of the number of barrels being produced a day around the globe, you did see prices come back down it is not enough to keep up with the dropping demand. Watching that too. This morning, wti is down to 18. 61 a barrel well be talking markets, potential medical bre
Market. In the we want to begin in washington, where the u. S. Passed a record 2. 2 trillion economic rescue package. The house will vote potentially on friday. Going this is kevin cirilli. Walk us through some of the highlights here. Kevin shortly before midnight, the senate, in a resounding 960 trillionsed the 2 economic stimulus bill. That puts pressure on the house of representatives to get this done quickly. Theres been some comments from farleft progressives and far right republicans that they may have some issues with this version of the bill. I do not it is about that being enough to significantly stop this from being passed, based upon my reporting. I can tell you that the likely vote will come friday, and President Trump has said he is going to sign this virtually immediately once it lands on his desk. Alix thanks so much. As i mentioned earlier, europe really stepping up its effort to deal with the fallout from the coronavirus. The latest is the ecb started buying bonds, but
The german language no not this keeps me and they go to meet the 2 in truck loads and say you want to know their story. Their fighting and reliable information for migrants. While tens of thousands demonstrate for Climate Action around the world germany announces a 50000000000 euro climate Protection Plan to tackle the crisis industry reactions are mixed. Also on the program well take you to the south of spain one of europes main agricultural regions to see the devastating effect of Climate Change. And investors in paris announce a 5000000000 euro pot for tech firms hoping to pull them away from other tech beckets. Its time for business on the w m how are you going to get us good to have you with us the German Government has announced a 50000000000 euro climate Protection Plan to help the country reaches 2030 climate goals some a condom. Say its a good start others criticize the price tag German Companies fear they could become less competitive and are bracing for possibly the greatest
Gym i just sometimes am placed on nothing which is the german think stevens or german culture looking at the stereotype classics but interesting to see from countries that i no longer. Needed to take for the scrum and there you go its all about who. Knew im rachel join me for me the german sunday w. Post. Millions demonstrate around the world for Climate Action africa other questions are being asked why should african economies reduce c o 2 and sacrifies growth economies like the u. S. And europe produce so much more Greenhouse Gas per capita. Climate canungra mining is a serious crime and culprits but so many african economies survive without. This is your business africa as well come its a global day of action against Global Warming and cities from sydney to washington d. C. Especially young people around the world are marching to demand more to be done against Climate Change theyre also marching in africa and particularly in nairobi and cape town 2 of the continents biggest and most