Market gaining ground after the president signed the 484 billion tumulus bill into law, this provides billions in aid to Small Businesses, hospitals and a lot more small loans to start rolling out monday. He said he wants to help the oil and gas industry. One company is in the middle of the pandemic is biomed, this is the nations biggest independent reducer of ventilators. We are going to talk exclusively the ceo of companies lifesaving equipment being used in the cova 19th battle. Last night nfl draft, not without its usual fans, we both tell you how they are raising money to end the coronavirus pandemic. Less than an hour to the closing bell, lets start the countdown. We begin with breaking news right now, once again, we are looking at the white house, live pictures there. The president mean at any moment with nasa officials. About their contribution to the fight against the coronavirus crisis, including a new ventilator designed from nasa. We will take you there when we get that in
Getting a nice lift today. Nice bounce for tech led by apple. Crude is also jumping today for a change and that perhaps has sentiment a little bit better. I know, joe, youre watching everything so how do you feel today, you know, were trying to rebound. Lets see if we can hold it. Where does it leave us we havent heard from you in a couple of days what do you do and what does the whiteboard suggest hey, scott, good to see you the opportunities are becoming a little bit more limited than they were in the past couple of weeks, obviously, with the market rallying. That being said, i agree with your opening comment oil kind of stepping out of the way and not pressing to the downside thats allowing for some visibility in a lot of the sectors to move higher here. So i still view this as a buy the dip overall market youre looking for and mining for opportunities. I think in the last couple of days, youre mining for those opportunities and some of the places that we had not been in the last co
Consumer stocks like kimberlyclark and chi pochi pot lay showing signs of strength. Well take a deep dive on the debate over how and when to reopen the economy well speak to the mayor of las vegas, who has called the a stayathome order in nevada total insanity and floridas Lieutenant Governor and well speak with cme ceo terry duffy about the wild swings in the oil market those negative prices. And billionaire harold hamms call for an investigation of crude futures trading. Lets drill down on the big stories we are watching. 59 minutes left of trade mike santoli tracking the market rebound. Phil lebeau has fresh comments from deltas ceo on the back of earnings and meg tirrell with the latest on the race for a vaccine. Mike, start us off with the market and the rebound were seeing today yeah, sara. Down about 5 in the s p 500 from fridays close through two days of trading, getting back in a very gentle way i will say today, kind of lowvolume trading. About half of that, not quite half if
Nation, the president announcing that travel ban. The European Union failed to take the same precautions and restrict travel from china and other hot spots. As a result, a large number of new clusters in the United States were ceded by travelers from europe. After consulting with our top Government Health professionals i have decided to take strong but necessary reactions to protect the health and wellbeing of allmericans, to keep new cases from entering our shores, we will be suspending all travel from europe to the United States for the next 30 days the new rules will go into effect friday at midnight. David, jim, were going to talk about the president s address, the markets obviously today, but really quick, the fact that youre there and im here, just reflects the fact that the nature of work is changing, and will probably stay this way for some time to come yeah, it will, carl again, were splitting up our teams in case something happens at the nyc or here so we can obviously still
Of china and Germany Europe is in the red tenyear yield near 1. 95 that moved 30 basis points since last weeks fed meeting. Our road map begins with disney and the streaming wars deals with amazon and apple and 52 surge in studio, shares up 5 ahead of the bell. Plus, billionaire battles Elizabeth Warren staying on the attack, saying theyre crying about her wealth tax this as billionaire Mike Bloomberg considers a run for president. As we said, closing out a big week for stocks, new records and reach as investors weigh more china tariff rollback talk first up, though, jim, a very special show coming up tonight. Yeah, look, were at the place, i think, epicenter of what i regard as being the new wing of our defense. That i say that because it was in 1959 they created this academy. It is a very special place and im glad i have that accompany music. We want to talk about not just what is going on here, but what goes on after service, why were bringing in Kevin Johnson from starbucks. Hes on