welcome back to early start. good morning to you. we are minding your business this morning. the stock market is coming off its worst week of the year. christine romans is here. futures are higher today. when we say the worst week of the year it s all relative. the dow is still up 11% for the year. if you re checking your 401(k), you are probably still up for the year. we are watching the economic impact on boston. at this point, any reason to sell stocks is enticing for people who want to take money off the table. apple on tuesday, a lot of you have been asking me about apple and what will happen with apple shares, tuesday we will get apple results. a lot to digest this week. $333 million, that s an estimate of how much it dos shut down boston and surrounding suburbs on friday. $333 million. the losses will likely be
welcome back to starting point, minding your business this morning. stock futures pointing to higher open. it would be a rebound from big losses last week. dow up and opens for real in two hours. $333 million. that s one estimate of how much it cost to shut down boston for the die. the area produces $325 billion worth of goods and services every year. that s a little less than a billion dollars a day. the ninth largest gdp in the country and friday everything stopped. businesses, public transit, colleges, shopping centers shut. now many people were at home. but others couldn t be busier. thousands of law enforcement officials, hospital workers, hotel employees, they worked overtime. now there are insurance claims businesses can file for terrorism related losses if it s covered under their policy. it s going to be difficult, though, for a lot of small businesses to get back that
but corporate earnings are also coming in, coming in mixed, investors paying close attention to that. we re going to get apple, at&t, amazon, netflix, some of the big names reporting this week. buckle up. it s going to be a real earnings driven kind of story. meanwhile, $333 million, that s one estimate of how much it cost to shut down boston and some of those surrounding suburbs for a day. that s according to bloomberg business week. the boston metropolitan area produces about $325 billion worth of goods and services every year. a little his than a billion dollars a day. it s a big economy. the ninth largest in the economy. on friday everything stopped. businesses closed. public transit shut down. 16 of the areas 35 colleges canceled classes. most taxis were off the road. shopping centers were shut. and, and people, you know, may have worked from home. maybe they took the day off. but others could have been busier. thousands of law enforcement officials, hospital workers, hotel employ
schoenberger. they lost thousands and thousands of dollars a day. many news crews were witnessing it. boston was a virtual ghost town and all of the suburbs around boston. there was very little business being conducted. that s a major impact. boston is the tenth largest metropolitan city, 1.5 million workers a day, a $1 billion economic. they are projecting the losses will be $250 million to $333 million for friday alone. it is a small price to pay considering safety comes first. listen, on friday, we were here and taking taxis going back and forth between watertown. the taxi drivers were saying, i have never seen the city like this on a friday or a saturday night, not even the tourists are out. what is this going to do? is this going to impact tourism in the boston area, you think?
children. $333 million. medical and dental services for vets and their family, student financial aid and student assistance, $157 million. cdc, $289 million cut and tsa is taking a $396 million hit. not just a agents, but they re cutting federal air marshalls as well as cops on the plane. some of the lesser known agencies include the harry s. truman foundation, marine mammal commission. never heard of those, probably not alone. coming up, a remarkable announcement. how doctors say they ve cured a 2-year-old who was born with hiv. stay with us. then courtroom drama over who gets martha stewart s products. why the biggest names in retail are really having to battle for the brand. and is it a smoking gun in