Rates can go. Deal toor merkel says a bailout lufthansa is edging closer. Warns of ad airline multibilliondollar rescue. 7, 8. I found the roadmap. One thing we have touched on. It is about demand. It is not about which camera. It is about demand. You have mark cuban of the Dallas Mavericks obviously supporting, talking about. Usinesses that cant survive jp morgan, citigroup, goldman sachs. This is the issue. Synchronized, un dislocated reopening which is know when youre 100 , which pulls into question that the veracity of the argument goes from 20 that unemployment goes from 20 to 10 . The road is dislocated. Nejra you got a sense of that in the fed minutes. Gloomy prognoses. What might be considered more is yield curve controls from here rather than negative rate. They were apparently not discussed as much to. That was kind of the take away from the fed. Yieldted discussion of curve control. They also said some banks should limit payouts to shareholders then you have the u. S. China
Back to work in multiple states where stay at home mandates remain in place all right its time to train new i q. One Team Continues to live up to its name at this Global Pandemic as confirmed cases worldwide top over 2000000 the latest count shows about 2400000 cases with about 168000 deaths and then taking a closer look at this nation the u. S. Now reporting over 776000 confirmed cases and more than 40000. 00 deaths now a total of 3800000. 00 people were tested here in america 600000 of those are all in new york thats still the epicenter of this outbreak where hundreds continue to die every single day but now. There is growing pressure to reopen some parts of the state Trinity Chavez has the report. 51 days after the 1st case of corona virus was reported in new york to date the state has nearly 250000 infections and more than 18000 people have died but today some good news the question for us is we are we past the apex we have had a number of days that are seen a reduction reduction i
Reopening some of its airplane manufacturing plants bringing thousands of employees back to work in multiple states where stay at home mandates remain in place all right its time to turn news i q. 19 continues to live up to its name of this Global Pandemic as confirmed cases worldwide top over 2000000 the latest count shows about 2400000 cases with about 168000 deaths and then taking a closer look at this nation the u. S. Now reporting over 776000 confirmed cases and more than 40000. 00 deaths now a total of 3800000. 00 people were tested here in america 600000 of those are all in new york thats still the epicenter of this outbreak where hundreds continue to die. Very thing all day but now there is growing pressure to reopen some parts of the fate of Trinity Chavez has the report. 51 days after the 1st case of corona virus was reported in new york to date the state has nearly 250000 infections and more than 18000 people have died but today some good news the question for us is we are a
Asia thanks a second wave is coming. Stay talks with potential suitors are progressing well. Lets take a look at how we are checking up on this friday session of the week. We had a pretty good lead, ill be at a volatile session on wall street. Volatile section on wall street. U. S. Stocks falling after President Trump said he did not want to talk about trade issues with xi jinping. Going into the close, we saw a surge in oil prices, energy stocks, as well as beaten down bank and financial shares leading those gains. We are setting up for a pretty positive open here in asia. In new zealand, we are seeing trading get underway. It looks like we could pick up gains after two days of losses. We are seeing a positive lead when it comes to trading futures in japan, in hong kong, and in australia. It is a big day today when it comes to indicators out of china. We get those domestic activity numbers out when it comes to retail sales and industrial production, which could give us an indication a
Alltime high. Another Federal Reserve official says he sees growth returning in the second half of 2020 and no need for negative Interest Rates. With lots to come on todays show, well speak with mylans ceo. Well discuss the companys outlook for the rest of the year and whether its seeing a trend of customers stockpiling medicines. And the ceo of Ortho Clinical Diagnostics will join us at the moment we are up 0. 4 on the s p 500. Before we continue, just got to comment, new braackdrop, i love it did you do this by yourself . No, i had some help by the amazing technical staff at cnbc. I think people were sick of looking at my old School Parking meter. Its a great balance between home and work. Cnbc, always with me. Exactly the s p 500 is up about 0. 4 nasdaq up 1. 25, dow is flat. Lets get to the markets as stocks are climbing back from sizable losses at the open all four indices just turned green. Mike santoli joins us with more on todays action. Hi, mike in fact, kind of an extreme exa