Increase the budget gap by 1. 6 trillion this fiscal year. We knew it would be expensive. We now have a number. Act, to makeres sure we get relief to individuals and businesses affected. Romaine obviously, a lot of folks are looking at what is happening with the budget. We did close higher again. How much you want to read into these numbers, that is up to you on a personal level. The nasdaq 100 did close higher on a yeartoyear basis. Losses itll of the had i believe going back to march 20. Of buyinging a lot here. David, when you take a look at not only the earnings season but some of the rallies we have gotten out of some of these things. Names like tesla, amazon. I can sort of understand why some investors would look for a little bit of safety and growth. We may be getting a little too far ahead of ourselves. How these companies are going to perform in an environment where business spending might look a lot different than what we are used to seeing. David those are two very different
As many as 100 employees at amazons Staten Island, new york, Fulfillment Center, plan to walk off the job claiming the company is mishandling its response to the covid19 outbreak we speak to the protest organizer coming up. Its march 30, 2020, and you are watching cnbc. Good morning and welcome to the show im dominic chu kicking off this monday morning with markets in turmoil once again after the dow fell nearly or more than 900 points as you can see on friday wall street is looking to pick up where it left off futures indicate 165point drop at the opening bell. If these futures moves hold, the s p down by 10 and the nasdaq up by 1 point at this point this is, by the way, the first time in about a month we havent woken up on a monday morning with futures socalled limit down or stopped because of downside price action. Checking the futures over the past 12 hours, you can see the move has been pretty volatile. Weve seen green substantially at one point all the way down to where we are no
Gain of about 170 points, after the biggest oneday gain since 1933. That was yesterday. Today might be a different story. At the moment we are looking at a gain of 166 for the dow, a drop for the nasdaq, maybe down 34 points, and the s p down about 11. Mixed picture this morning as investors try to get to grips with this new package and what it means for the economy. Also influencing the market, the president s statement that he would love and he used the word three times, he would love to get the economy back up and running by easter. Thats just two and a half weeks from now. It is a goal rather than an absolute. Critics say its just too soon and many state and local governments reject the president s time frame. Meanwhile, the call for Domestic Travel restrictions keeps on growing. Some officials at the white house suggested that anyone leaving the new york city metropolitan area should be confined to 14 days quarantine. As of now, lockdown, stayathome orders are in place for well ov
Serious readers. This made good evening ladies and gentlemen. And welcome to the yale bookstore. We are very pleased to have with us this evening doctor Jennifer Hirsch who is a professor of socio medical science at Columbia University who will be reading from and discussing her new book, sexual citizens, landmarks. You start to feel distressed by what im sharing obviously its fine to get up and take a break. The National Sexual assault hotline is 18656 hope. Its 1800656 hope. Austin was a sweet student, the story of bostons hot summer night had sex with his girlfriend is the sexy story in the book. Thats not the story im going to tell, sorry. But he was a good guy, he was the kind had developed a series of nicknames for the kind of orgasms his girlfriend had. He was committed to making sure that sex is something that felt good for her, too. But austin also sexually assaulted someone. He told us a story about a night freshman year he was in a room with his roommates girlfriends roommat
Indicated up about 40 points yesterday, we did see compressed yields higher prices for treasuries 10year at 1. 36 the twoyear at 1. 7 in japan, the nikkei falling over 300 points. The bond market won, so we are going to have our friend on today. He always says it is going to be because of slowing growth. He seems to get a little bit serandipitus about it. Ill give him credit. The slowing growth caused whatever caused the slowing growth gold is up. Stock market ignores things until it doesnt hope depot might help. Stock called sharply higher after reporting better than expected results i got a 242 bid, 242. 50 bid now. Right . 228 is 18 cents above estimates. Whatyou are seeing there does not reflect what we are seeing samestore sales up 5. 2 , which is strong. Consensus is at 4. 8 home depot announced a 10 increase to 1. 50 a share you can figure out the yield will double every seven years. Joining us with immediate reaction, the bottom line beat is big the samestore number is better.