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
Earnings season even as Goldman Sachs warns of a 35 g. D. P. Slump. And jpmorgan is the first u. S. Bank to report. Wells fargo comes next. Dont miss our interview with the c. F. O. Later on today. Those earnings come out before the u. S. Bell this morning. And global coronavirus cases approach the 2 million mark with 119,000 people dead. France extends its lockdown. The u. K. Is expected to follow suit this week. Were just under an hour away from the start of cash equity trading in europe. Lets take a look at futures this morning. We had the u. S. Trade down yesterday. India is doing quite well or did quite well overnight. European futures up more than 1 across the board. Ftse and euro stocks, dak futures this morning. Dax futures this morning. Here h your top stories this morning. President trump says he has total authority to order states to relax social distancing and reopening their economies. A number of u. S. State governors say they will form regional alliances to coordinate th
Good evening, everyone. This is bloomberg surveillance, im Francine Lacqua. The news flow is pretty terrific today. The coronavirus, the lockdown, the impact of our economy, and our hearts are always with the families that are rather losing loved ones are actually fighting for their life. This is what im looking at the markets. The next couple of weeks may will be rocky because a lot of the focus will be on earnings. So if im looking at stocks, they are up today. Up. Indices, futures also we really dont know what we get from this earnings season after the pandemic upended the global economy. The other story is oil edging up gold, slipping from a sevenyear high. We will get to more Market Analysis shortly. Lets get straight to the bloomberg first word news. In new york city is viviana hurtado. Viviana an extension to the bekdown, it is expected to announced later this week. The pm was discharged from the hospital. The uks chief advisor once the daily rate of deaths will continue to rise
Texas, louisiana, mississippi, alabama, florida, georgia, tennessee, and South Carolina. D South Carolina. My administration will do Anything Possible to help those communities get back on their feet. We are speaking with the governors and representatives. Fema is already on its way. We got there as soon as we heard the word, i said get out there. You know the great job fema does. It is something very special. , warmestant to say condolences and we are with you all the way. It is a tough deal. Level five, that was a bad group, that is as high as it gets. A bad grouping of tornadoes. Something that is something incredible, the power, the horrible destructive power. America is continuing to make critical progress in our war against the virus. Over the weekend, the number of daily new infections remained flat nationwide. Hospitalizations are slowing in hotspots like new york, new jersey, michigan, and louisiana. This is clear evidence our strategy to combat the virus is working and that a
Cmon, lets freaky friday quarantine i sort of picked up from social this thing. Media that youre watching old ahhh, no. Television shows yeah, im well, im senator Elizabeth Warren said catching up on real housewives yesterday she would be former of new york. Im starting with season 1, Vice President joe bidens which took place in 2008 running mate if he asked and im currently in season 3, while senator Amy Klobuchar said shed be his running mate even if he didnt which is i believe were in late President Trump held an event at 2009 the white house today seth gotcha. Celebrating truckers you know me im an orange and he was pretty disappointed county Beverly Hills guy they didnt bring that lady from seth what was the impetus of their mud flaps. Going back and watching that oh, im sorry, mr. President. Youve never seen it that is just a drawing. Id never seen real housewives of new york. I was very aware of it no, i know, but where is the lady the drawing is based on and then my wife, anna