Several u. S. States report record numbers of cases. States reconsider plans to open. To data inadds australia. Shery lets get started with how u. S. Futures are kicking off trading. We are seeing them down. 1 after u. S. Stocks ended in positive territory but off session highs. We have speculation congress will seek additional stimulus. We also have some positive manufacturing data, although not in expansion territory as of yet. The s p 500 finished at the highest level in almost two weeks. Consumer discretionary and tech lead the gains, and the nasdaq composite again finishing at an alltime high. Eight sessions of gains boosted by apple and amazon as well. The dollar declined among most g10 are his. We did get that positive economic data. Improvements not only in the u. S. But also the euro area. Take a look at what oil is doing at the moment. We are seeing wti falling toward 40 a barrel, under pressure right now, really falling from that threemonth high ahead of a release of a key u
3. 5 steve, were going to come back to you once the question is a little more secure we have other news on boeing for that well go to phil labeau the number is negative 86 planes that means year to date boeing has reported negative 602 planes in terms of therder book that means the official order book is now 4744 planes coming down from 4832 they delivered four planes in the month. Those delivers are partially impacted by customers, leasing customers, they say were going to hold off on a crew picking up a particular aircraft. Big number is negative 86 planes guys, back to you. As we watched boeings price action, but the state of the economy is a pretty good place to start now the thats denasdaq is setting alltime high. Great to see you again, spencer. Great to be here virtually. You could lase us in a couple great directions one is on housing. The other is on tech on both of those fronts are you seeing the fundamental recovery that we have seen in stocks . The market is far ahead of it
Us with your first name and city , youate at 202 7488003 can also join the conversation on twitter or facebook. Yesterday follows the news that the Unemployment Rate the highest rate since the great depression. We want to hear from all of you. Becomingy about unemployed because of the pandemic. We begin with the debate on the floor. Here is David Schweitzer, the republican from arizona making the argument for the legislation. Phone calls last couple weeks talking to that Small Business person and you could almost hear the tears on the others of the call. You could hear the stress, the almost panic that they are about to hurt the very people they work with. Because their business is playing. A promise that payroll protections money that ran out a couple weeks ago. That and we engaged in a type of cruelty because we sat here and engaged, we are better than this. We knew what we had to do. Lets never do this again. For arizona, what we are about to vote on is 202,000 jobs. They shouldve h
Selling but the glut looms over the market. The politics of the pandemic. The u. S. And china continue to trade barbs over their handling of the crisis. Washington says the world has been let down. Breaking news out of south korea. We are getting First Quarter gdp numbers quarter on quarter, seeing the biggest drop since 2008. Young talking about a contraction of 1. 4 . It is still a little bit better than expected. The expectation was a contraction of 1. 5 but it will still be the First Quarter on quarter retraction since 2009. The year on year number rising 1. 3 , is also bigger increase and was expected. It was expected it would only gain 1 . It is also growing this rise of 1. 3 year on year coming after growing more than 2 in the past two quarters, so it is still a slowdown from the previous quarter. We are seeing manufacturing taking a big hit, a contraction of 1. 8 for the Fourth Quarter and also contraction from the previous quarter. We are seeing the hit on retail trade, accomm
As countries close their borders. The u. K. Government faces calls to release those in Immigration Detention Centers over fears many could die from the virus ill be talking to an asylum rights activist. Welcome to our see president putin has announced a nationwide lockdown in russia starting on saturday and lasting until april the 5th all but essential workers will be instructed to stay at home like they may appear to advise russias citizens not to underestimate the challenge that lies ahead joining us now live from moscow is Saskia Taylor hello there saskia tell us more about what the russian president said. Hi kate well yes indeed the russian president has just spoken out in his much anticipated nation wide address its actually the 1st time that hes spoken at such an about barring new years addresses since august 2800 so really quite significant and of course the reason behind it is coronavirus me apparently cant escape it and 1st and foremost he does that all the medical professiona