Discussing just that, an early return to work. 9 40 eastern time today on this program. There is outrage at Speaker Pelosi loading up the stimulus package with a host of items unrelated to supporting workers and industries. For example, canceling post office debt, the return of obama phones, same day voter registration, 35 million for the Kennedy Center for performing arts. What has all that got to do with getting money to people who have just lost their jobs, millions of workers thrown out of a job. However, treasury secretary mnuchin and senator schumer did meet last night, and they suggested that a 2 trillion rescue package, stimulus package, is close. Well see. All this has given the market a shot in the arm. For much of the morning, we have been limit up for the dow jones average and at the opening bell, the dow will be up, what, 900 points, maybe more when the restrictions of the limits on trading are off. S p, nasdaq also up 4 , 5 . Clearly, investors like the 2 trillion rescue
And nasdaq. Strong market gains for the Bluechip Companies. Just using two of them as an example, we have apple up three dollars, microsoft up at 146. They have been higher than that earlier. Microsoft up earlier. Did they hit bottom this week . A lot of people have been buying them. Were asking that question. I hope a bottom for a lot of companies. Oil moving up to 25. Barrel. Its down 15 cents now. The government is buying oil but the petroleum written for the petroleum reserve. Whats he going to do about the russian and saudi attack on american drillers. We will ask that question to him. Gas prices tumbling. The National Averages 2. 17 a gallon falling about two cents a day. In oklahoma the averages a dollar 80. In california its 3. 25. According to gas buddy we will be down to a National Average of well under two dollars very soon. Lets get to the spreading virus. We will show you Street Scenes from around the world. Same story all over. Ghost towns, empty streets. Economists at a
These are the cruise liners, the energy companies, the tourism companies, because thats whats in jeopardy. Crude is back above 50 a barrel, barely, there was a building inventory but not as much as the market was anticipating. That goldst heard futures were disappointing, we did see a big bounce but now we are pulling back. Europe, the stocks are stabilizing. Its flat today, but with decent volume. Most negative point of the day came an our into the trade, and we lifted off of that earlier. The volume is pretty good. And we are seeing the german tenyear don on offer. For the a situation loosening of the purse strings. And you are talking about the 135 on the u. S. 10 year, with a little bit of profit coming in. We could be trading 130 or 149. Around, thea going boris government johnson the Boris Johnson government may not have expected this to appear later in the year, thus the pound tracking a little low. Vonnie President Trump said to hold a News Conference on the coronavirus after G
As well so tow crews have been called out to the scene. This is an injury crash so we are going to see this out here for quite some time. Still early, the delay isnt horrible. However, if you want to avoid it altogether you can use 280 which is moving nicely in both directions. North 101 not seeing any delays right now through that portion. South of there, though, near mckee, we are getting reports of a crash on the northbound side of 101 out of san jose, slow and go as you work your way through there and looks like through morgan hill brake lights coming out of san martine, slow around cochran, stays slow through morgan hill and then a bit of a break where you will see delays as you sit san jose. Take a look at the bay bridge coming up. Thank you. Its like something out of a hollywood spy movie, a hayward man accused of being a top secret spy for the chinese government, u. S. Attorneys office says that edward peng was acting as a chinese tour guide all while delivering classified u. S
Hey, another primary election day in america with few big swing states headed to the hotels. Carley keeping eye on Ohio Republican senate primary, three candidates looking to clench Party Nomination to flip the seat. You are watching Fox And Friends First on Tuesday Morning, im carley shimkus. Todd im todd piro. Glad you got the wortd vulnerable, i have trouble with that. His campaign is working overtime to ramp up attacks on former President Trump releasing new ad, completely misrepresents his comments again. Carley Madeleine Rivera has details, good morning. Madeleine good morning. Biden campaign is trying to increase pathway to victory in november and expanding to minority voters, women, young voters. The president is expected to talk about union jobs, abortion and border security. The president will head to the border in arizona and texas. Former President Trumps his campaign cut a new adwhen he talked about how bidens reelection would affect the auto industry. Tell your supporters