Ahead of ourselves but it is gratifying to see the momentum barclays sets aside 3. 7 million shares. Sending shares lower in london telling us this banks Capital Position is strong we remain very capitalized and liquid we sustained profitability in the face of this pandemic. That allowed us to help customers around the world santander sees red amid a slew of write downs. Investors find the diamond in the rough at kering sales fall less than expected, dropping almost 44 . The French Luxury Group says there will not be a second half bounce back. As you heard there in the headlines, we heard from a number of Companies Across different sectors putting it all together markets trading higher up 0. 2 . We are building on yesterdays gains the main benchmark breaking a twoday losing day for the european markets and also on wall street. The Federal Reserve, the conclusion for the meeting as well as keeping an eye on washington where big tech will be coming under scrutiny a lot for lawmakers to d
Fourth positive session, up 2. 7 . Just the banks really are lower in the s p, a few oil companies. Crude oil trading down 6. 8 , back hello 21 a barrel. Back in itsyield range. The vix at 38 and change. Lets get a deeper dive into the markets with abigail doolittle. Abigail you were mentioning the gains in the s p 500, and certainly that is the case, a risk on tone from a stock perspective. Each of the averages is up 2. 5 . The nasdaq 100, make a cap companies, amazon putting in an alltime high, up almost 4 . Interesting, we have bonds higher, even as stocks are rallying, so that is something to keep in mind. Bank earnings were pretty disappointing with profits plunging and loan provisions on the rise. You were talking about how it is cooler today from yesterdays volatility. This is a year today chart at 90,highs, almost closer to when the s p 500 was closer to 2200. At this point, back below 40. It is worth noting, just a few months ago, if you talked about the vix at 40, traders and
Stay above the bankruptcy waters. Imax which counts amc as its biggest u. S. Partner, is watching closely. A fox business exclusive with the imax ceo on how hes focusing the lens of his company for the unknown. Plus we will ask him when does he think chinas screens will light up again. They tried to open them, then promptly shuttered them in china. We will ask rich that. And businesses big and small tapping government loans to stay afloat but what about all of those mom and pop microbusinesses desperately trying to survive . The godaddy ceo with us on saving millions of his web service customers. But look, we have green on the screen here. Markets betting the economy is about to get its engines revving again. Whether thats true or wishful thinking, tech is driving a robust rally with the nasdaq poised to exit its bear market hibernation. All the nasdaq needs to see is a gain of just over 40 points. Could it happen with less than an hour to the closing bell . Got to stay with me. Lets s
Pbs newshour. Ajor funding for the pbs newshour has been provided by when it comes to wireless, Consumer Cellular gives its customers the choice. Our nocontract plan you as much or as little talk, text and data as you want, and our u. S. Based Customer Service nsumercellar. Tv to help. The john s. And james l. Io knight foundat fostering informed and engaged communities. More at kf. Org. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank u. Woodruff coronavirus deaths in the United States have reached a new milestone 3,700. That overtakes chinas officially announced total of 3,300. Italy and spain each have recorded many more deaths, while the u. S. Has far and away the most cases of any country in the world, more than 180,000 so far. President trump warned tonight that the country faces a very tough two weeks, and and, everywhere, but especia
Place in order to ease this very broad mitigation and very broad shelter in place. Reopening fully will be a lengthy process and needs to be done slowly and cautiously. Governor newsom went into detail as he outlined plans to reopen the state. He says easing stayathome orders is dependent on six criteria. Protect communities through testing, protect at risk groups from infection, make sure hospitals and Health Systems can handle a search, develop therapeutics, and make sure schools and businesses have social distancing and the ability to reinstitute stayat home orders if necessary. More on the governors plan from tom vacar. We do see light at the end of the tunnel, where there is a ray of optimism. Governor newsoms plan to reopen california is based on a phasedin plan of six very broad frameworks being advanced before he will even hazard a guess him when california will actually reopen. I guess he has already delayed for two more weeks. The most important framework is our capacity to e