Gilead sciences, as you heard from maria, positive news from a government trial of their remdesivir and also from two of their own trials. Positive news on a treatment. That sent futures straight up earlier this morning and look at the stock, also straight up, 6. 8 . Thats the effect of this effective trial of remdesivir. Up go futures, up goes gilead stock. More on this in a moment. A second reason for the dows gains, investors expect a strong recovery for the economy starting in the summer. The market always looks to future conditions. Theres a third reason. The Federal Reserve is likely to say today they will do whatever it takes to stabilize your money. Wall streets expecting more stimulus. The dow will be up close to 550 points at the opening bell, close to 2 . The s p up 2 . The nasdaq solid indeed, up over 2 . We had boeings numbers out this morning. Continuing problems, but its cutting 10 of its work force and investors like that. The stock is up nearly 6 . Okay. More on all th
What more can we do to free up the nhs so our constituents with cancer and noncovid conditions can start being treated again as soon as possible . I have been asked to reply. We want to send best wishes to them. Me inole house well join commemorating the nhs workers who have died. We will continue to do whatever it takes to support them. His dedication to helping others is noted. This is because we have taken the right measures at the right time that we have flattens the peak of this virus. Single most important hasent of this strategy meant the nhs has had capacity to deal not just with covid19 patients but also urgent treatment. To deal not just with other urgent treatments and as we move towards a second phase we must plan to ensure the nhs is able to do elective surgery and treat patients with other conditions which is what we are planning to do. To the leader of the opposition. I had my congratulations to the labour party and to the Prime Minister and Carrie Simmons on the birth o
Im told me a logical welcome to the program britains Prime Minister Boris Johnson has been moved to intensive care in a hospital in london after his coronavirus symptoms worse and johnson tested positive 10 days ago and was taken to hospital at the weekend because his symptoms were not going away he tweeted that he was in good spirits and remained in touch with his team but at the hospital in Central London his condition deteriorated johnson is said to be conscious and receiving some oxygen support. Earlier i asked our london correspondent shallow pots what more she could tell us about the Prime Ministers condition Boris Johnson was taken to the hospital on sunday evening as a precautionary measure as he is said to have for some routine testing after self isolating for 10 days and downing street. But the symptoms got was somewhat persistent high fever and to cuff and during the day he still tweeted today that he was in good spirits but apparently afterwards got much worse in the aftern
Optimism grows over flattening curve in some areas of the countries. Signs that lockdowns could be having positive impact. 7 and 3 quarters percent yesterday, take a look. Pretty good rally at the end of the day as well. Dow industrials up yesterday, nasdaq up 540 and s p up 175. President trump announcing a deal with 3m to supply medical masks and he said he had a, quote, wonderful call with former Vice President about the coronavirus response. We have you covered this morning about the pandemic and markets and beyond with allstar lineup you do not want to meet miss. Plus what other possible rounds of stimulus might look like, phase 4. The Dallas Mavericks owner mark cuban is here on what should be done to help businesses survive pandemic. Heros stepping forward to help the world on time of crisis. Mornings with maria live now. Big show this morning and big rally underway, lets take a look at Global Markets which are mimicking the wall streets gains today. The cac quarante is up 118 a
Suspending production in South Carolina green arrows across the board. The dow will open about 600 points also looking at the green on the nasdaq and s p 500 if you take a look at what is happening in the treasury as well s p indicated up 72 points in the treasury, youll also see what is happening on the yield in that front. It is the 10year that is yielding closely at 7. 04 . Lets get everybody updated on the latest on the pandemic numbers. Nearly 11,000 people in the u. S. Have died from covid19. The country has more than 361,000 cases. New york has 131,000 of those cases. New jersey reaching a grim milestone with more than 1,000 deaths in the state. Overseas, we have positive numbers from italy that reports its lowest daily number of new cases since march 17 spain reporting its lowest number since march 22nd. The second time since january, china reported no new coronavirus deaths reporting 30 new asymptomatic cases and two with symptoms. President trump has struck a deal to buy mill