Restrictions, giving us clues as to how consumers may react durables down 14 june wti holding at 17 as energy is the only positive sector for the week a lot of discussion about 2,800, are we range bound where is the ceiling now markets giving all kinds of important clues. A lot of analysts, we follow them for a long time they wait and wait until theres a moment where they can go negative theres enough companies that have done well, i have every piece of research in front of me i dont have an upgrade. I have downgrade, downgrade, downgrade. Because the stocks have run, it gives these analysts a chance to say, uh, im so lucky. It went from 29,000 down to 18 it bounced back, and now i can get off and not look bad and thats the whole tone of this morning i find it curious. I think that in general the companies have done a pretty good job just they like to pull their forecast because who the heck knows. If dr. Gottlieb doesnt know what will happen, why should he expect these guys to know wh
Effective, it brought down the market up the day about 39 points s p 500 had given a run for the money. We are below that 2,800 level. S p up about 4. 5 keeping in mind the treasury yields right now, the 10year seems to be yielding 0. 606 andrew, ill send it over to you. Well give you an update now on the pandemic numbers. Global cases have reached 2. 7 million with 869,000 in the United States. The death toll in the u. S. Is nearing 50,000 new york cases have hit 263,000 and new jersey over 100,000. Georgia plans to reopen. They have the most confirmed cases with over 21,000 well talk about that throughout the morning. Yesterday, new york Governor Cuomo shared early results from the study of 3,000 people that said one in five new york City Residents tested positive. That means as many as 2. 7 million in new york already encountered the virus and survived and never knew it questioning the available of the test but said new yorks test was reliable enough to determine immunity thats base
It is april 24, 2020, this is Worldwide Exchange on cnbc good morning. Welcome wherever you may be watching i am brian sullivan. I think i speak for everybody when i say tgif. It has been a rough and wild week indicating we may not get another break today. Lower now off about 100 points the index lower on the week with the dow, s p losing between 2 and 3 that looks now to continue those losses today crude oil is down 30 since monday prices are lower now if we extend physical guidelines to summer, that could keep gasoline and jet fuels low. One of the biggest World Storage producers will give us the story. That has certainly been a market mover. In asia, plenty of red across the board. Japan down nearly 1 shanghai and kospi also down more than 1 to close out their week stocks in asia declining largely on report of doubts from treatment from Gilead Sciences to the trade in europe, early following the foot steps of asia markets there are sharply lower with major indices all down 1 or more
That is here in the room and our teleworking reporters and those who are joining us on television, radio or on streaming service. I want to thank again the reporters and the press who are working so hard to cover the vital stories of this pandemic. More than ever, people need clear, factual information to rely upon. In particular i want to thank the Illinois Broadcasters Association and tv and radio stations all across the state who are joining forces today to combat hunger and food bank shortages during this crisis. One of our hardest working Agency Directors during this crisis is department of Human Services secretary grace. She is here today to talk about the essential role of the Philanthropic Community and our response to covid19 and in maintaining the continuity of Human Services. Im also incredibly glad to have with us to be one of the most nations formidable voices for vulnerable people, families and children who works hard for us every single day representing the state of illi
Illinois governor gave an update on the States Coronavirus pandemic. He was joined by his sister former commerce secretary who spoke about efforts to raise money in her capacity as chair of the illinois covid19 relief fund. We will also hear from senator richard durbin. Good afternoon to everybody who is here in the room and our teleworking reporters and those joining us on television, radio or streaming service. I want to thank again the reporters and press working so hard to cover the vital stories of this pandemic. More than ever, people need clear, factual information to rely upon. I want to thank the Illinois Broadcasters Association and tv and radio stations all across the state that are joining forces today to come back hunger and shortages during this crisis. One of our hardest working Agency Directors during this crisis is department of Human Services secretary. Secretary is here to talk about the essential role in our response to covid19. And maintaining the continuity of Hum