29. 89. Areie in the u. S. We getting a bounce because fundamentals have not been in sync for a long time. The s p 500 looking to finish the week higher. Points, well above the 2200 mark right now. Energy companys with a better week for crude. Up to. 5 . We are back down to 64 basis points on the 10 year. The jolt we got from the quarterly refunding announcements seems to be pricing itself out of the market. We will see about options next week and what that does to volatility in treasuries. The dollar index showing weakness today, at 99. 48, to the benefit of the likes of sterling. As you mentioned, 1. 2452 right now. Guy . Guy lets get back to the payrolls number. Larry kudlow speaking to jon ferro on bloomberg earlier on, trying to frame the april jobs anort after employers cut unprecedented 25 million jobs, triple the Unemployment Rate to nearly 15 . Larry this jobs report today is full of heartbreak, is full of hardship. I believe that it will prove to be temporary. The second half
That we are continuing to negotiate with the democrats to get our great workers and Small Businesses all over the country taken care of. Are getting close to a deal. Could happen. A lot of good work has been going on and we could have an answer tomorrow. We will see what exactly does take place. We are also looking at helping our hospitals and our rural hospitals who have been hurt very badly. The rural hospitals have not been treated properly. We are looking at hospitals as part of the package. We will see how that all comes out. A lot of good things are happening. Very good negotiations. Just got off the phone with the secretary of treasury and we have good negotiations going on right now. I think you will have a nice answer tomorrow, but we will as of today, we have tested 4. 18 million americans, that is a record anywhere in the world. The United States has now conducted more total tests than all of the following nations combined. France, the united kingdom, south korea, japan, sin
Impact of the virus. We will hear from the investor this hour. Western europe loosens restrictions and says infection rates are using. This highlights systemic weaknesses in the Global Health systems. Shery looking at markets, futures under pressure. U. S. Futures are down. 4 after the second straight week of gains. This coming at a time we are hearing from government officials in the United States the worst may he over for the coronavirus pandemic. Nikkei futures down. 4 . We are going to get march trade data for japan later in the show. Nikkei futures are already at a sixweek high. Seeing downside for oil. 4 while brent is trading at 28 a barrel. This of course after we continue to see this gloomy demand outlook when it comes to oil. President trump is slamming china yet again, suggesting beijing caused the covid19 outbreak that has killed 39,000 americans, and said there should be consequences if the country was found to be responsible. Ros krasny is on the line from washington. We
Will give troops to other parts of the world plus. Georgia braces for a rise in infections after bowing to religious pressure and allowing churches to open for orthodox easter. Clearly the British Government has denied reports that it wasted time and botched its response to the corona virus pandemic with Prime Minister Boris Johnson directly to blame a damning report in the sunday Times Newspaper says johnson ignored scientist warnings and skipped 5 emergency meetings in the run up to the crisis well this is the u. K. Recorded 596 more deaths pushing the total past 16000 elsewhere in europe italy and spain have recorded their lowest daily death tolls in about a month with 433 and 410 deaths respectively but numbers keep rising across the atlantic with more than 40000 people now dead in the us the worlds worst affected country meanwhile south korea which once had the worst outbreak outside china has recorded just 8 new infections or more than that shortly 1st this report from paul brenn
Level iv Super Laboratory that researches human infectious diseases. Now we dont have evidence that this disease originated there, but because of chinas duplies it and dishonesty from the beginning we need to at least ask the question to see what the evidence says and china right now is not giving any evidence on that question at all. Maria we will hear from two people this morning who warned the white house and the world back in january, that the coronavirus could become a Global Pandemic of catastrophic portions, Peter Navarro and steve bannon are here and also ahead senator tim scott on part partisan grid lock on funding Small Businesses what will happen this upcoming week, senator John Barrasso also here, a medical doctor himself on how the country can safely reopen all that and a lot more as we look ahead right here right now on sunday morning futures. And china coming under intense scrutiny this week amid mounting criticism of its early response to the coronavirus outbreak. My fi