one, you can see the russell 2000 put in a perfect double top and it could never make a high this year. i mean, think of the stock market the market has made big, new highs and the russell 2000 went back to the 2018 high and you have a 2018, 2020 double top, a crash basically down 40%, 45% and this ricocheted right back to the underbelly of that line not a great setup. finally, and this issue as well, look at this final chart it's a two-panel chart and it's the iwm on top and look at the relative performance to the s&p and the bottom panel i mean it just is lower and lower and lower and its relative appearance is peaked in 2014 we also know this, that they add up to 2.4 trillion and that's less than apple and microsoft. you're taking a lot of chances with an index that's heavily weighted in financials >> wow that really puts it in perspective. mike, what's the trade out of this >> yeah. so this is an interesting thing. i think carter was actually touching on a part of this the russell 2000, amongst the publicly traded companies at least you're looking at basically the economy's smaller

the russell 2000, you're looking at basically the economy's smaller publicly traded companies. the russell 1000 has essentially gained back to where they were at the beginning of november of last year. that's a remarkable thing when you consider where we are as an economy and we went from the lowest unemployment that the countries had in its history to the highest unemployment that we've seen in several generations over the course of three months and we don't know when we'll get back to some sense of normal and we are temporarily hitting the pause button in terms of the economic impact because of the massive fiscal and monetary response that we've seen and these companies are going to have lower credit qualities, generally and we'll have a situation where we will see an even bifurcation in my view with the mega-cap economy winners and a lot of the stocks that are in this space and the interesting thing is when we've seen this "v" bottom we've seen a decline in implied volatility and i think what i want to do here in my case i'll look out to august for a couple of reasons and on

russell? dr.we are having trouble hearing you so we will try to get the audio issues fixed. we will try to get back on the program. that was dr. lesley russell. in the meantime we are sticking with health care. johns hopkins, the bloomberg school of public health, spoke to us about how the medical community is dealing with the treatment of the coronavirus and challenges they face as more states are pushing to reopen. been a focusic has of the medical community and of people, but we have to remember there are other things going on. other health care issues that need to be taking care of. inorts this week about drops pediatric vaccination rates are a concern. things that are not getting done now, will have applications later on in the year, maybe next year and they are afterwards. >> how serious is brazil? i looked at the per capita and the wonderful work the ft has been doing with johns hopkins university and the glide paths of brazil and ecuador are grim. >> yes. the southern hemisphere is now get

russell moore almost lost his job over that. >> the last issue in your new good news, which to me, is the most interesting one from the new good news is associated with the lesser of two evils. what you mean by that? >> this is to me, the broadest one. one that i would say i even struggled with easy to start off with. have a lot of empathy for how difficult it can be. lesser evil simply two options, the only two options you've got, what is that, when is worse national tooth that over worse. be specific. >> 2016, hillary clinton is pro-choice, appoint judges you don't like, she will not protect religious liberty, raise taxes and all the things you don't want is a christian or conservative. trump, he brings all these problems you would like, this is bad but this is worse. how, what is your time, lesser of two evils, i can't hillary and the big thing is vote for either, you're going to your right. it's about. >> especially when evangelicals bring it to your. >> a lot of times it is important i'm talking to somebody of some sort of faith because if there was no greater moral truth in our

take a look at the monster rally in the russell 2000 this week. they're up nearly 7% since monday outperforming the dow, the nasdaq and every single s&p sector so far this week. what is it tells us? i'm joined by brad mcmillan and david lefkowitz. david, let me just start with you. usually, right, this is like a high beta, more value oriented segment of the market tends -- cyclical, outperformance in some kind of rebound times, what do you make of the comeback of the russell 2000 this week >> exactly smaller companies are more cycl cyclical and what's interesting is if you look at the performance of earnings for smaller companies, they have really underperformed earnings for a large cap and i think the underperformance makes sense but as this economy gets back on the feet and see the economy begin to broaden and gain traction i think smaller companies are poised for some catch up hoar. we just upgraded mid caps yesterday and we think there's an interesting risk/reward there. >> brad, if the small caps outperforming does it continue does it imply t

. >> reporter: denise russell is ready to goeet back to work at special effects day salon and spa but it's not allowed. russell and california's 500,000 licensed beauty professionals haven't been told when they might be able to get back to cuts and colors or what will be required to do so. >> so i'm not really sure what the state's going to mandate. we're ready to do whatever they require of us. we're ready to do and put in place. >> reporter: while she waits, she is supporting a lawsuit filed today against governor gavin newsom and other state leaders. >> he needs to actually come into court and justify -- >> reporter: attorney harmy dylan says the health order is unconstitutional and should be struck down by the court. >> the classification of any business in california, including our clients in this case as essential versus nonessential was made without due process, was made without any opportunity to be heard or equal protection. >> reporter: while the lawsuit makes its way through the court, russell is stocking up on masks and face shields, preparing sanitation and spacing protoc

jack russell a couple of i remember this is a little jack russell he walks past the dog and he sits down at a and you watch the scene play out of him getting undressed and getting redressed and women's clothing and putting on makeup and dressing himself you know next crush dressing and and the commercial ends by saying your dog will never judge you adopt a pet. you know like we don't. like we don't feel unsafe alone. we feel unsafe in public or in the company of others that's where all our insecurities lie and it's why we act stupidly when we're attracted to someone and to feel safe requires another human being and we're more likely to create a space in which we can feel safe if we share values and beliefs which is by talking about our values and beliefs not just how we feel and i think that's what you know it's all it's a little f. not a big gap it's not like i feel the pull it's not that it's just tapping into words that that are not about the it's not about measurable stuff it's nice to meet you my friend you've been nice to meet you that is a real pleasure thanks for having me o

the russell 2000 finishing higher by 0.6%. we mentioned oil hovering around in new yorkarrel trading. when we talk about volume here as we head towards a three-day weekend in the u.s., this was incredibly low volume. traded acrossares the major markets in the u.s. we've been averaging about 13 billion for the past four months or so. definitely a day where some folks have stepped away from their terminals and moved on to this weekend. mentioning,you were the bond markets closed already. worth noting that all the major indexes including the russell 2000 closing at their highs of the session. they've managed to close out the week with gains. the nasdaq up 3.4% over the past five days. we still have met with us. matt, we heard from central thisrs, jay powell, and at point the fed seems content to sit on its hands and wait to see how things shake out as its programs continue to provide liquidity to the markets. what kind of comments from the fed could spark alarm in investors going forward? we are about to enter a slower season. i

>>it is russell merah siguen russell went to castro valley high school and has committed to attend you see or vine this fall go and eaters he plans to major in applied mathematics mathematics rafter russell says he currently holds get this a 4.5 gpa congratulations russell good job. >>and you can submit a graduate just go to kron 4 dot com find salute to grads twenty-twenty under new submit a photograph of your grad and let us know which high school the graduate attended and what's next for him or her. 4.5 that's pretty good has amazing that wraps up kron 4 news at 9 90,000 plus us deaths in 3 months tonight the top projection models predict that number could go up by 10's of thousands, the concern from experts that with reopening cases and deaths will rise plus open for business retailers reopen as phase 2 begins for 3 more bay area counties. >>well governor newsome said today that could speed up reopening across the state and what could be open as soon the news station. >>you're watching kron 4 news at 10. >>he's just ill. it's that we can. >>a plea from health experts to everybody b

it in a way that invests in america in a very solid way that makes sense and the list is long. >> russell wonder along those lines -- >> our public health system -- >> don't we need a philosophy for why a new "new deal" would need to be put in place? some people seem to be arguing for stimulus and relief to bring things back to how they were other people are trying to use this as a springboard to i guess equalize inequality or something is does somebody need to say, here's the type of america, here's the type of economy that we want to build, whether it's to restore economic mobility, to give a chance to people who want education or to better themselves, doesn't there need to be a stated philosophy for further spending >> absolutely, jon i think that's very well said. what i am trying to say is, is not to make kind of radical changes politically, not address some of the contentious issues, but try to pick the kind of investments that i think almost every american can agree on. it's blatantly obvious, for example, national security has to include a radical improvement to our public health

russell theatres, if they don't return until 2021 ?2021? russell makes the point that the theatre and live music industry, imean the theatre and live music industry, i mean the creative industries as a whole, contribute millions and millions to the uk economy, don't they? billions, in fact. that's one of the biggest and gravest threats at the moment to the events industry asa at the moment to the events industry as a whole, and that includes hospitality, the fact that we have i'iow hospitality, the fact that we have now had furlough extended to october, and knowing the industry and taking polls and things like that, we know that up to 70% don't believe until 2021 will be see some proper return to events. so there will be a real gap where post—october, there is going to be potentially redundancies, and it is a grim and probably pessimistic outlook, but unless the government, or unless there are greater initiatives taken, that may well be the case. of course, so many different industries, and so many different industries, and so many dif

finally let's go to the russell 2000 small cap index russell is currently in the low 1300s, a bunch ofnce from 1399 to 1445. there is resistance. still below the 200-day moving average which creates another ceiling. if the russell can jump these hurdles, she could see it running to 1576 or even to 1,953. if that break outside fails and russell sinks below 1200, back in the hot water again here's the bottom line the charts as interpreted by her suggest the majors are in rally mode it's a precarious rally where you need to proceed with caution if we fail to break out from the levels and slip back to where we were not that long ago >>> let's go to floyd -- i'm sorry, lloyd in florida. lloyd. >> caller: hey, jim, how are you doing? >> i don't know, lloyd, pretty good day how about you? >> caller: doing good, doing good so far. >> so, let's go to work. >> caller: no problem. i had a question in regards to aurora cannabis stock. it fell to $6 and increased to $19 today. i was wondering is it still a good-bye good buy -- >> this is a controversial story. this is a major short squeeze. when i

the russell 2000 posting its biggest gain in a month.ussell 2000 up nearly 7% in the last month. above that $31%, a barrel level. we have seen signs the market is slowly rebalancing. china's oil usage, 13 million barrels a day, just shy of a year earlier. one stock we are following, thyssenkrupp, looking to merge its company with a rival. this is according to people speaking to bloomberg, saying the steel division employs about 2700 and staff. thyssenkrupp is looking to revise that effort to merge that division with a rival. let's take a deeper dive into today's market action with kailey leinz. kailey: clearly it is a risk on day. when you look across asset classes, the ones that are outperforming our the riskier commodities, like copper, higher by 3.3%. you are not seeing a bid for the safer havens, like gold, down 1.3%. yields moving higher on u.s. treasuries. volatility relatively subdued 28 handle.x at a you mentioned oil. i want to take a longer-term view on wti. back above $30 a barrel. look at how far we have come from the may con

we did see a reprieve there when the russell 2000 and tried to play catch up a little bit they rolled back and are underperforming again. some of these names like netflix, microsoft, amazon, they should be doing better but that can only last for so long when the rest of the economy is faltering. when the rest of the country is bounced back, it will not be near 2018, 2019 with unemployment level in the high single digits. i think it will be tough for the stock market to rally further. narrow markets are usually followed by further decline, i'm afraid >> what is powering the stock market right now unlikely to move the markets everybody knows the numbers will be terrible. $3 million, $3.5 million these are americans losing their job. >> it is funny, the employment numbers will be important over time right now, what is driving the market is the federal reserve. not just the money they are putting in the market, the faith they are putting into the reserve. it is funny what they can do with a correction and a slow down and what happens in a bare market and recession there is usually a secon

russell. >> we didn't have enough people to keep going. seven full-time emergency room doctors and five have been out. >> reporter: in the first week of march, clusters of cases popping up across the country. as we look back from this distance, we learn something we will now know forever. one brush fire of virus in this nation is a warning to us all. and then, in the second week of march, americans begin to understand that it is in fact too late to contain the virus. >> today i am officially declaring a national emergency. two very big words. >> reporter: by march 17, the virus now in 50 states. to stay safe and try to save lives, americans are told the best option is to go behind doors, stay home. this giant nation in a sense shutting down. the nation locked in time. it's the moment in any movie when you wonder if the cavalry will come. and it did. and it was us. >> i'm puttin' my life on the line every day. >> as long as i'm healthy, we are going to keep going. >> all right, good morning, good morning. about to get ready to get my bus st

. >> toput that in perspective i would note the small caps and the russell 2,000 up 5.7%.he transports is up 6.2% as well these are two indexes that have been pretty hard hit and have been getting closely watched given their link to not only in the case of transports the global economy and trade flows and both of people and freight but with the small caps, u.s. economy, sort of seen as a proxy are -- for the reopening and the economic recovery over the coming months or years, depending on which camp you speak to could potentially look like we did get better than expected news out of nahb housing market index as well and then, of course, the vaccine data and the comments from the fed chairman powell who will be watching on the hill tomorrow with treasury secretary steven mnuchin carl >> yeah. interesting. as we're talking, guys, germany and france proposing to jointly raise 500 million euros in a recovery fund in a european economy, a new wrinkle in europe's ability to circlecle the wagons and raise money for stimulus and rescue. all happening in the last couple minutes or

the russell hasn't come up but it is still 40% off the march lows. what do you say to those people that have missed out on the rip? lori: one of the things people are struggling with is that the rip is really driven by a lot of stuff that people that you and i talked to, the institutional community, don't like to buy. when we look at prior recession recoveries, it is short in names, the really distressed parts of the market that tend to work in these recovery trades. it is low-quality companies by any measure that you can pick. i think the frustration i sense from talking to investors is not just that the market is ripping and might not be there. a lot of people i talked to did try to get positioned for recovery, but it is not the kind of stuff they want to begin long-term that is doing well now. that creates an additional layer of frustration. lisa: you're making -- jonathan: you are making the case to stay overweight consumer staples. lori: we like it better than consumer discretionary, which we are underweight. we are overweight utilities, industr

look at the leadership this week russell. it's been bank stocks and energy stocks oil is on the downside that's what i mean those groups have been leadership stocks here look at these china stocks we did get alibaba that's down concerned to what's going on hong kong what was down, transports, russell down the nasdaq, the big tech names is under performing this week. this is rotation this is broadening out of the market that trend continues if you look at individual secto sectors, banks were behaving horribly they are outperforming this week so the energy stocks even though down today health care was a market leader. it's lagging that's broadening opinion that's market rerotation going on here today. on the upside dramatically we're expecting more back to you. >> have great long weekend. >> the corporate tax rate i would move back to 28% we had proposed at 28% i want to make sure we see that these corporations, that's not going to take them under >> what happens to stocks and corporate profits if rates go up and biden takes a

russell tells us their main aim is to care to serve and give back. >> awesome.ank you for bringing some smiles this morning. we always appreciate it. >> so during the lockdown, fewer children are he getting vaccinated. we'll explain this trend next. it's best we stay apart for a bit, but that doesn't mean you're in this alone. we're automatically refunding our customers a portion of their personal auto premiums. we're also offering flexible payment options for those who've been financially affected by the crisis. we look forward to returning to something that feels a little closer to life as we knew it, but until then you can see how we're here to help at libertymutual.com/covid-19. [ piano playing ] "show me what you're made of." so we showed it our people, sourcing and distributing more fresh food than anyone... our drivers helping grocers restock their shelves. how we're helping restaurants open pop-up markets. and encouraging all americans to take out to give back. adversity came to town. so we looked it in the eye. and it won't be us... that blinks first. a

and russell 3000 includes all u.s. stocks. stocks not there are microsoft, amazon, apple, facebook and net, and alphabet so of those five stock, none have hit 52-week highs this year and i mean the market is turning sideways, but there are other stocks doing well. a majority of those stocks are hemt care followed by technology so those are the two leading sectors but it's not just all five stocks. because of their weight, they have an undue influence on the market but others underneath the surface a, 7% of the russell 3000 has been doing well here as well >> all right let's get to bob pisani for a look at today's trading. the big movers and ultimately that spilled into the close. >> i don't think the narrative has changed. i agree with mike. i think the point is the market is reach its limit to keep pushing forward with the facts it's got right now and just take a look at the s&p 500. i thought we'd have a shot at breaking out to new highs. 29, 39 is the old high at the end of april we didn't do it, but we're trading at 23 tim

so has the russell all of them sectors though we should say are higher.financials, well just dipping into the red followed by staples and materials at the bottom. still a positive session here on wall street extending what has been b a positive week of course so far a decent day yesterday as well s&p 500 closing up 0.9%. sara >> and welcome back, everyone. there's the bell second day of gains. for the major averages well off the session highs and really lost a lot of steam throughout the final hour of trading there. the s&p 500 managed to close higher little less than 11% all sectors were positive all day and at the close, ten out of 11 sectors green health care was the outperform rer. financials just dipping into the red into the close closing down just a fraction the nasdaq also having a good day. faang related names continue to power this market higher nasdaq earlier in the day made a run at going flat for the year, but then lost steam there toward the close and we're down more than 1% now for the year more than 10% off record highs nasdaq, no question

danny russel is the vice—president at the asia society policy institute.istant secretary of state for east asian and pacific affairs under the obama administration and joins me now from new york. thank you for your time for being with us. a fascinating issue, what do you think the trump administration is going to do to china, what options does it have? well look, donald trump is treating china like he isa trump is treating china like he is a matador with a red flag, he is involved in an version of attention, a distraction strategy to try and refocus attention on the problems that china had early on, and away from the problems that he had. but even if, even if that is true, aren't there legitimate questions for china to answer? absolutely, absolutely. and the sad thing is that the trump administration is undermining the effort to get real accountability from china by politicising the issue and making it so obvious that this is really motivated by his own political agenda. the chinese have an awful lot to account for in terms of their mishandling of the earl

s&p 500, russell 2000, that gap is big and watching to see if it narrows. small caps still a lagging trade. take a look at the consumer. have and have notes. nordstrom down 11% after a disappointing earnings report. that consumer picture a little bit bleaker with today's personal income and spending numbers. lululemon, an upside standout, an analyst call touting the benefits to the business model and the consumer in focus. back over to you. >> dom, see you soon thank you, sir. >>> stocks falling on the last trading day of may but the nasdaq up nearly 6.. energy only sector lower and just barely for the month and the dow on track for the best weekly gain in seven just as the markets find the footing investors have to deal with china joining me is nancy tangler and brian rehling from wells fargo good to have you both here nancy, is china becoming a front burner issue for you is it changing your thoughts about investments? >> it's definitely on investors' minds as we kind of come out of earnings season and that headline risk is gone or that headline catalyst.

that's an incredible rally the russell 2000 up 45% off its low. it's not just the ten big tech stocks plus amazon there are a lot of positive moves in stocks. the internals are getting better here is the other side of that if first thing is, stephanie points out seeing the statistics getting better and that's true statistics building off of an extremely small base is very misleading we should not be thinking about sta ttistics at all now if last week was the apocalypse and this isn't, 38% isn't so impressive quote these numbers off of january and february activity and then i'll tell you we're out of the recession i like that things are getting better we have to throw the stats out the gains look like typos and i recalls specifically, when you tell me that people booking flights is up 180% over the last month, give me a break that's not of use to anyone. we really have to think, i think, on longer time horizons and we have to use rolli ining r rajs not last week versus this week >> i hear you. it's interesting that you're having a big day in the st

look at the russell 3000 that's a comprehensive market. the agg. they seem pretty pronounced outperformanced stocks versus bonds. sometimes, that creates rebalancing activity now now if that's going to happen, largely done and that's why there's been a good bid, but if you remember back to march, we made such a fuss about the likely rebalancing into stocks of course that didn't become the whole story but it could work as a slight head wind if there's any left to be mopped up by the end of the month, tomorrow zplchlt a stealth pullback perhaps, but much more constructive in the sense that we are building still on the big gains of first day of the week in a way that last week we didn't really do and intraday as well, some impressive sort of pick me ups off the bottom particularly the likes of facebook and the banks banks still down, but off their session lows >> sure. there's no doubt it's kind of a resourcefulness that's apparent in the market. it still feels as if there's a bid there because people have a sense they're underinvested. i'm conscious

. >> reporter: this video was ácreated by russell jong has ápart of his effort to track racists ábehaviortting these incidents áacross the country. >> we shouldn't just repvine áourselves to it because it's just happening. >> reporter ásandy tells me that whil áwalking to work in china town a man yelled racists threats. the áprofessor fears the racis ágeared towards asian americans ámay worsen even after the pademic is áover. á >> being sheltered and the dealts just make everyone more á feared and angered. >> reporter: the video will be distributed áthroughout the ácalifornia state university system. á heap homesit changes the narrative átowards asian á americans during this time. áand heels even called on ágovernor newsom to start a task. á>> it's just disappointing to hear what people are facing because áof this. á amber, thank you. á >>> inning the nation's capital ápresident trump met with á restaurant owners today about áhow they can move forward. they're ágrateful for assistanc like the payp check protect program ábut still need more help. á the trump administration is still áallowi

i spoke with seattle seahawks superstar russell wilson, and he says that while he's excited, he saysperative that the league does not rush back to play. listen. >> i can't wait to get back out on the field safely, you know, and just play the game that we all love to watch and love to play. these are real times across the world. this isn't just a one-state thing. this is all across the world. the worldwide pandemic, and we've got to be smart about it. but when sports comes back, i know everybody's going to be screaming. they're going to be ready to roll. i think it's going to be crazier than ever before. i think there's going to be -- the ratings are going to be higher than ever. and so, hopefully, we can bring a little hope to people soon. and hopefully, we can bring a little bit of inspiration, too. >> now, john, while russell has been training on his own, waiting to get back to facilities, he and his superstar singer wife, ciara, they have been busy helping communities suffering from the pandemic. they donated over a million meals to an organization called feeding america. they als

this is starting to be a trend so energy stocks are outperforming the s&p in the last month russell 2000 outperforming the s&p, transports. only thing lagging a little bit are the banks. still a disappointment and keeping an eye on that elsewhere to point out social media with a good day. facebook's knocking the cover off the ball making a big push to online shopping through facebook shop so that's kind of helping twitter and snap and even alphabet is moving to the upside yes, the rally still partly on the mega cap names, the fang names. i'm just picking a one-month period, facebook up almost 30% apple, alphabet strong, only microsoft and amazon modest and only in line with the s&p 500. back to you. >> only underperforming because they were never that bad to begin with and the theme to pick up on. thank you. >>> as stocks rebounded sharply off the march lows the clear market wenters are growth stocks russell growth edf outperformed in the last month and two months and year to date and growth up and value down 21% and the year ended today that's the biggest outperformance since 1999. and

russell 2000 up 0.6% 3% of gains. 8% of gains for the russell.ut at the close, the dow just lore s&p and nasdaq slight gaines for the day. >> got a little tough there boot close for stocks if you're just joining us, i'm sara take a look at how we finished up the dow about nine points. pretty much a flattish trading day. for the dow overall and for the week, we got 3.3% gain for the s&p 500 today, we clocked into the close and finished up about a quarter of 1% the strength today was in the defensive groups real estate, utilities health care. also did well. but you also had technologies, communication services up into the green. energy, the biggest lag financials right behind it the nasdaq closing higher for the day by about .4% thanks to the strength in communications services and technology. the big cap stocks and the russell, the winner on the week not just on the day. it was for a gain of more than almost double what the market did which had a good 3% week russell had a more than 7% week. close d. still the big loser ton week but small caps sho

clarke murphy of russell reynolds associates.inflection point question mark more on today's technical speaking coming up. this is bloomberg. ♪ alix: time for technically speaking. mike mcglone joints me now. we were talking about looking at the s&p versus the covid cases and asking if we are at an inflection point here. mike: hello. that is the way i look at it. if we are at a good signal to sell in may, it is here now. what is scripted is the market hit bottom. write about the time that cases peaked. the time that cases peaked. you see coronavirus cases divided by the 20 day average. the future will be about the economy. the stock market has already had a 50% correction. if there's anyplace you should be looking for resistance, it is here and now. alix: if you take a look at the s&p versus bonds and commodities , what is holding up better, what is the relative play? mike: that is the key thing. it is the battle between liquidity and clear signs of deflation and commodities in bond yields. there is a significant separation with r

but i agree with russell moore and the rabbi, that the scriptures point us not only to hope, that theieves in the resurrection, that nothing is impossible with god. but the example of jesus shows us a way forward. you know, caring for the sick, working for the poor, you know, standing up for people who are on the margins, you know, as african-americans are in this country. pope john paul called racism the most persistent and destructive sin in our nation, and so we have a way forward. we not only are pointed towards hope, but we have a template of how to proceed in these difficult times which is for the christian following the example of jesus who was always on the side of the poor and the marginalized. >> father martin, it is willie geist. it is great to have you all with us this morning. i wanted to ask you, father, these words that are surrounding u.s. right n us right now and have been for the last few months, of grief and anxiety, we see it with those who have lost their jobs and having their lives altered, we see it in over 100,000 dead, we see it with those sick of the disease,

the russell and dow jones closing above that key level at 61.8%. enthusiasm that can be found if you buy into those signals. the big camtek tech names, microsoft, apple, amazon, facebook, down or flat on the day. most of the gate -- most of the gains in the market coming from financial names. some of the consumer staples 3%, 4% onup about 2%, the day. a lot of those middleweight names like tractor supply, ge, helping to lead us higher. scarlet: we also are looking at the nasdaq 100, which is now closing up about half of 1%. really interesting that you brought up that whole idea of the technical levels. predental --ack prudential's quincy crosby. hold one we managed to and close above that average. at eu read into that -- how do you read into that? >> it is almost as if everyone has become a technician. when you can close above these resistance levels and if we can add to this, what it suggests is that the trajectory of the market is positive, at least for the short term. the reason why so many have been focused on whether or not the market could cl

the russell 2000 has been the market story down 7% coming in today. watch for a rebound. that index down 26% on the week. also watching oil. indicating demand increase coming off the highest close in six weeks. up 11% and brent crude is back above $30 a barrel hardly a big number but at least it is not in single digits or even negative. global markets in asia the chinese markets are down and rising in europe, more tough economic news as money is contracting but not unexpected by anybody and all the major averages there they are you will more than 1% everybody knows there is bad news coming. now a measure of is bad news as bad as some had thought. telling cnbc the white house will likely report another round of debt relief checks for american families. voting on a $3 trillion proposal today. the white house preparing an executive order which will require certain essential drugs to be manufactured only in america. that order from president trump could come as soon as today. now let's get back to cnbc hq and more of the headlines this morning. for that, we go to frank hollan

the architect who designed the memorial is john russell pope.this memorial was built in the early thirties. it is concrete made, 60 meters high. the highest american memorial in europe. >> john russell pope of course designed a number of buildings in washington d.c., including the national archives where ironically, record stacked of this battle are not kept. it was an important strategic landmark in the battle. it was taken and the second day, even though general persians objectives wanted his troops to take it on the first day. and then push forward. it is on the highest ground in the area. it overlooks the whole muse valley and the germans had this ridge heavily fortified. it could fire on the advancing american troops. the woods and heights itself proved to be very difficult to penetrate and it wasn't again until that second day when the 79th division which consisted and national army troops from maryland virginia pennsylvania finally broke through. one main regiment the 313th invest infantry known as baltimore, men from that city who pushed

shares of newly public companies are outperforming the russell 3000.his is according to the renaissance ipo index. it closed yesterday at the highest level relative to the russell 3000 going back to its inception in 2009. a few things represent the markets i guys to. eist.ite i want to look at the homebuilders. it looks like they are ignoring. they fell to the lowest since 2010. the surprise here is that the rate of home sales did not contract even more. on this point median home prices were up 8.7%. he said you can't have a great depression if home prices are going up. pumping up the board, it's about the hope of the vaccine. astrazeneca up 11% year to date after they just secured $1.2 billion to help a vaccine with the university of oxford. the u.s.'s backing projects underway by johnson & johnson and moderna. the funding of operation warp speed. $300 million available as early as october. taylor, thank you for elaborating on what is going on in the market. we are seeing quite a drop in the s&p 500. now we are down .7%. stay tuned. we will definitely

struggles that delayed his interview with the tobacco industry whistle—blower memorably portrayed by russellere are closer to home, and wallace's account of his personal insecurities, anxieties and struggles with depression. it is an engrossing portrait of a man, his profession and legacy, a legacy which arguably pave the way for both the best and the worst in modern tv journalism. this is the news for the hour. tell us about yourself. i do not know. you act like a science girl, tell me about science. a wannabe radio started trying to get a break around the same time that mike wallace was making waves in the late 50s is at the centre of the vast of night and an award winning pick that won a prize at the sundance last year and is now available on amazon prime. they work in a small town new mexico radio station and telephone exchange. number please. hello? there is a flying object hovering over my land. one night strange noises and reports of something in the sky lead them into a twilight zone style tale that may involve the soviets or something more out of this world. they have come here befo

the s&p small cap 600 and russell 2000 have stepped up and taken some names those indices up 7% and 8% respectively in four trading days by the way, before we get the stocks to watch. you've got to watch hong kong. beijing getting close to passing a new law which would effectively crack down on some of their freedoms to gather and protest. remember all of those prodemocracy freedoms last fall we covered those could be illegal under this new law that spooked global markets. the hang seng in hong kong falling 5.5% overnight we'll continue to watch the developments in asia specifically over hong kong. speaking to stocks here, two names. number one, palo alto networks working from home helping their sales because everyone had to beef up security on home securities they expect the shift to home work will accelerate. also, harley davidson restarting production in the united states. operations were shut down midmarch after an employee at a plant in wisconsin tested positive for the coronavirus production on its best selling bikes and it may not shift to many sellers on the year, good news tha

struggles that delayed his interview with the tobacco industry whistle—blower memorably portrayed by russelle are closer to home, and wallace's account of his personal insecurities, anxieties and struggles with depression. it is an engrossing portrait of a man in his profession and legacy, a legacy which arguably pave the way for both the best and the worst in modern tv journalism. this is the news for the hour. tell us about yourself. ido i do not know. you act like a science girl, tell me about science. a wannabe radio started trying to get a break around the same time that mike wallace was making waves in the late 50s is at the centre of the vast of night and an award winning pick that won a prize at the sundance last year and is now available on amazon prime. they work in a small town new mexico radio station and telephone exchange. number please. hello? there is a flying object hovering over my land. one night strange noises and reports of something in the sky lead them into a twilight zone style tale that may involve the soviets or something more out of this world. they have come here

delayed his interview with the tobacco industry whistleblowerjeffrey wigand, memorably portrayed by russell here are closer to home in wallace's account of his personal insecurities, anxieties and struggles with depression. it's an engrossing portrait of a man, his profession, and his legacy. a legacy which, arguably, paved the way for both the best and the worst in modern tvjournalism. this is the news for the hour. what would you like to tell us about yourself? i don't know. aren't you like some big science girl? tell me about science. a wannabe radio star trying to get a break at around the same time that mike wallace was making waves in the late 1950s is at the centre of the vast of night, an award winning indie pic that won the audience prize at the slamdance festival last year and is now available on amazon prime. jake horowitz and sierra mccormick are high school kids who respectively work in a small town new mexico radio station and telephone exchange. number please? hello?! large objects holding over my land... one night strange noises and reports of something in the sky lead them

was turned in by russell good idea after an uncharacteristic miss from their star man region striker adding and. in the 2nd half it was kimi who made it to following some excellent work in the build up by a young englishman jaden sanchez. meant are in 2nd place in the table and face the leader's barn munich in their next fixture on tuesday. or later on saturday barring munich pulled off a convincing 52 victory over untouched frankfurt to central defender martina him to have a go a bizarre and memorable afternoon to quit for a goals from the austrian appear to have given frankfurt a fighting chance in the 2nd task but in the end it was byron who came out on top with a little help from hotplates into himself the alianza reno hosted its 1st ever bundles league ghost game as robert love and dusky and co welcomed frankfurt to munich the lack of atmosphere didn't hinder the action gorecki fired home thomas miller's cross to put the champions one nil up after 16 minutes. miller then went from provider to goal scorer by ns veteran forward is enjoying his most productive season in years and t

russell says, my entire industry is shut down. doesn't indicate what that is.nd this from john who says that history, 75 years ago today at 11:59 p.m., the war in europe ended. americans built the arsenal for defense, sent our grandfathers and grandmothers to war. sacrificed at home. we were united in defending freedom, defeating a brutal enemy in saving the world to be made better. god blessed with us the greatest generation. we then faced new challenges with the knowledge of our power in this unity. we overcame them. now we face a new enemy. a virus as ruthless as any. we must draw on the lessons of our shared pasts. we must unite, support our efforts, and defeat it and with all the skills that we have, do your part. john, referring to 75 years ago today. it is v-e day, victory in europe day. the 75th anniversary of the triumph of the allied forces over germany. and i want to let you that we will be joined this morning by historian and author rick atkinson this morning at 9:00 eastern and our partners with american history tv. rick atkinson, the author of the

so true, and that's why chris fox and kate russell are doing their best to get you back into peak physicalondition. spencer, i hope you've got your gym kit at the ready. already wearing it! joe wicks has become a national hero during lockdown, with his daily exercise classes for kids. when i was at school, i mostly tried to avoid pe, so if you're the kind of person who needs exercising to be dressed up as something a little more fun, here's my top picks for the lockdown. strictly come dancing star oti mabuse he has be making step—by—step dance classes for all ages and abilities. they're loads of fun to do, even if you don't have a partner. while olympic medal winners jadejones and bianca walkden, who also happen to be flatmates, take us through an easy taekwondo workout, which can be watched on the bbc sport website. loads more celebrity athletes have been getting in on the lockdown motivation action under the guise of the living room cup, a weekly challenge to go head—to—head with the pros. you will find them all on the nike training club app. just watching those challenges is exhausting!

barely the dow, s&p and russell all negative that does it for us. have a good weekend.ee you on the other side. kell kelly evans picks it up. >> thank you, scott. welcome, everybody we have milestones to consider stocks in doinger of giving up the may gains today. the dow a fraction away from turning negative on the month. the dow down 97. it by far the underperformer of the group. the s&p is down just a tenth of a percent and the nasdaq turned positive by about ten points it's a relatively strong start to the week and we're still on pace for the best in six let's dig in to today's moves with rober

russell moore, thank you so much.tay with us as we continue to honor those we've lost to the pandemic. i'll be speaking with a nationally renowned rabbi about other faith leaders how we process such a loss. we'll have an inspirational performance from the harlem choir. we'll bring you special tributes from the people who know aknew and loved of the more than 100,000 victims of covid-19. people such as a devoted husband of more than 50 years remembered by his wife or a veteran whose memory will be held on to tightly by his daughter. >> james william "chucky" means jr. and i were married for 53 years. we had a beautiful relationship full of excitement and a lot of living! he passed away on april 7th due to coronavirus. may his soul rest in peace. he loved to talk. they enjoyed his intelligence because he could talk about anything. >> i like to refer to him as an unintentional educator. no matter where he went, people listened to what it was he had to say. if you wanted his advice, information, or knowledge, he was happy

those are largely airlines that are doing well russell 2000, highest level since early march. same situation with retail the banks are trying to break out. they are looking like they want to there's not any technical break outs for once, megacap is not a major kribtse contributor facebook is at a new high. microsoft not doing anything today. really been stuck in the low 180s for several weeks now we are getting some nup highs but not a lot. a lot of these stay at home stocks like facebook, ebay, paypal also sitting at 52-week highs. for everybody that keeps messaging me, this doesn't make sense, why are we rallying so much i'm afraid it does the three main buckets, reopening is broadening out. number two, the vaccine, we had merck, advances and mcconnell on stimulus talking about a fifth relief package coming. we did get better economic news with home sales and consumer confidence it may be overcorralled but it's not insane why the market is rallying today it does make some sense. back to you. >> thank you >> two big steps being made on the vaccine front help fuel the market r

so what's the operation sergeant russell frazier list of 10 divorcement what is it called 10 words tin if forced to use was the go. to course enforcement so in force make you mean. that's. what woodward uses so what do you tell if he's 6 i'm not here to really municipal code. so what do you tell him. about how would you go and i know about that but i'm supervising the like until. you're going to hit one screen. and then we try to solve the problem that. you will be able to bring in very simple. then the you know 36 inches where you get to 36 inches. which is 3036 what it takes for your question the question you are general don't know where you are sergeant seek medical care you have mark community a good amount of military i don't think so i'm not in yours we're going to your disability but i'm a general here so used to have my other members not going to ask the question. who are going to. be actually going up that you think because you're an officer you take someone to and use them with me and they're just good to respond like that i don't like that but i'm a general general. let us w