BY THE NUMBERSDow futures had been pointing to a acquire at Monday’s open as White Home officers sign what Republicans are prepared to just accept in a brand new coronavirus aid invoice. The Dow Jones Industrial Common closed decrease for the second straight session Friday, breaking a three-week profitable streak. (CNBC)The busiest week of earnings season will get off to a sluggish begin with Hasbro main quarterly monetary experiences earlier than the bell Monday. The federal government mentioned Monday morning that June sturdy items orders rose a better-than-expected 7.3% after hovering greater than 15% in May. (CNBC)As stocks surge, gold has additionally been shifting increased, with costs hitting a file excessive Monday morning as relations between the U.S. and China proceed to deteriorate. Gold jumped above $1,943 per ounce earlier than moderating a few of these good points later within the session. Silver joined Monday’s rally, leaping 7% to greater than $24 per ounce, hitting its highest stage since September 2013. (Reuters)* Bitcoin jumps above $10,000 for the primary time since June (CNBC)* U.S. shuts its consulate in southwestern metropolis of Chengdu after China orders its closure (CNBC)Shares of Moderna, already up practically 275% this 12 months, added one other 8% in premarket buying and selling after the biotech firm mentioned Monday that it began a part Three research of its experimental coronavirus vaccine with 30,000 individuals. It is the biggest Covid-19 vaccine trial on the earth. On Sunday, Moderna mentioned it obtained a further $472 million from the U.S. authorities for improvement of its vaccine candidate. (AP & Reuters)IN THE NEWS TODAYSenate Majority Chief Mitch McConnell is anticipated to unveil Monday the Republicans’ reply to a different main coronavirus financial assist bundle. White Home financial advisor Larry Kudlow mentioned Sunday that the invoice, worth about $1 trillion, will embody a second spherical of $1,200 stimulus funds to Individuals. Republicans need to change the expiring the $600 per week complement to state unemployment checks with about 70% wage alternative. (AP)* Mnuchin says GOP aid plan prepared as unemployment enhance runs out. ‘We are able to transfer in a short time’ (CNBC)Florida recorded greater than 12,400 new each day coronavirus instances on Friday, passing New York in whole infections. As of Monday morning, Florida had greater than 423,800 and New York had over 411,700. California nonetheless leads the nation in whole instances, with greater than 452,200. It is worth noting that New York and Florida have populations of round 20 million every whereas California has a inhabitants of 39.5 million, in keeping with the Census Bureau.* HHS secretary Alex Azar credit masks for ‘plateauing’ of instances (AP)* CNBC requested 20 medical consultants whether or not they’re sending their very own children again to schoolNew York’s greater than 32,600 coronavirus deaths are, by far, probably the most of any state. Nationally, after Friday’s new instances of 70,000-plus, new infections within the U.S. stepped down over the weekend, with over 66,000 on Saturday and 55,000 on Sunday. Following 5 days of virus deaths over 1,000, the U.S. recorded 558 on Sunday. (John Hopkins College)* WHO deems Covid-19 “probably the most extreme” international well being emergency ever declared (CNBC)A downgraded Hanna continued charging throughout the borderland of South Texas and northeastern Mexico, the place flooding remained the largest menace Monday in a area that was already reeling from a surge in instances of the coronavirus. Hanna, as a tropical despair, handed over the U.S.-Mexico border Sunday. (AP)* Hurricane Douglas good points power, however skirts the state of Hawaii (AP)STOCKS TO WATCHHasbro (HAS) reported quarterly earnings of two cents per share, wanting the 23 cents a share consensus estimate. Income additionally got here in properly wanting forecasts, harm by retailer closures and product shortages regardless of robust client demand. The corporate added that it sees an improved surroundings for the present quarter.Grocery store operator Albertsons (ACI) earned $1.35 per share for its fiscal first quarter, 5 cents a share above estimates. Income was in step with Wall Street forecasts, helped by a 26.5% leap in comparable-store and digital gross sales.Johnson & Johnson (JNJ) mentioned proposed IRS laws involving its opioid settlement may materially impression its outcomes. The corporate mentioned these laws may restrict the tax-deductibility of settlement funds.AstraZeneca (AZN) pays as much as $6 billion to Japanese drugmaker Daiichi Sankyo, within the second multibillion most cancers drug collaboration in a 12 months between the 2 corporations.Intel (INTC) positioned orders for 6-nanometer chips with Taiwan Semiconductor (TSM), in keeping with a report within the China Occasions. The publication mentioned the 2 chipmakers will begin collaborating within the second half of this 12 months. Intel shares had fallen sharply Friday after the corporate introduced a delay in its 7-nanometer chip.SAP (SAP) will spinoff Qualtrics by way of an preliminary public providing, lower than two years after it purchased the U.S.-based firm for $Eight billion. The German enterprise software program big had been criticized by buyers for overpaying for Qualtrics, which makes a speciality of measuring on-line client sentiment.Garmin (GRMN) is experiencing a worldwide outage of its programs, in keeping with a word on its web site. Garmin didn’t elaborate additional, however a number of experiences say the health and GPS gadget maker is the sufferer of a ransomware assault. The corporate is reportedly being requested to pay $10 million to free its programs.Boeing (BA) plans to delay the introduction of its new 777X jet by as much as a 12 months, in keeping with sources who spoke to CNBC. The delay is because of the drop in jet demand stemming from the Covid-19 pandemic, and the sources say an official announcement may come this week.Common Mills (GIS) is boosting the ranks of producing companions to fulfill a surge in packaged meals demand. Chief provide chain and international enterprise options officer John Church informed Dow Jones the rise within the variety of manufacturing companions may rise as excessive as 20%.